The Birmingham age-herald., 1917-04-16

liquors, $30,000000; smoking and chewing tobacco, $25,0OO,OOO; automobiles, trucks, motorcycles, $19,S00, GOO; soft drinks, s19,- 100000; cigarettes, $17,OOO,OOO; rectified liquor, $12,5OO00O; cigars, $11,OOO,0O0; ex- else tax on musical instruments, grapho- phones, etc, $7,O0O,OOO; wines, etc, $6, . 750,000; exise tax on glucose, $6, 900; denatured alcohol $5,O00 900; retail dealers in cigars, cigarettes, etc, $4,S00.O00; whole sale dealers and jobbers in tobacco, $2,- 5O0,OO0, and snuff, $1,500,0O0
 Consideration of the suggestion will be- gin immediately in the ways and means committee. A bill probably will be re- ported by it within two weeks
 TAX ON INCOMES
 The revised arrangement of super taxes on incomes as outlined would be, Incomes of $500 to S403O, 1 per cent $4000 to $50OO, Der cent; S5O0o to S10,O0O, ; per cent, S1O,O0O to S2U,- GOO, 7 per cent; $2O,00O to 4O,00O, 8 per cent; $4O,0O0 to S60,OGO, 10 per cent; $6O,O0O to SsO,O0O, 12 per cent; SS0,0OO to S1O0,OOO. 15 per cent; 310O,- coo to s15O,0OO, 20 per cent; s15O.0o0 to S20o,00O, 25 per cent: s2Oo,G00 to Si,0Go.0o0. 331a per cent; S1.00O,O00 and over, 10 per cent.
 This revenue MT. McAdoo wrote, would be further increased if the in- come from state and municipal se- curities and state and municipal sal- aries were made subject to the income tax"
 IT the present excess profits tax Of $ per cent on corporation and partner ship profits of more than $5000 and 8 per cent of invested capital were made applicable to the calendar year 1916, the secretary estimates, it would yield $226,000 ,oOo.
 Corporations and partnerships would be given until September to pay the tax
 As to the excess profits tax for 1917, collectible in June, 1918, the existing law allows an exemption of $5000 and s per cent on invested capital and levies per cent tax on the remainder Of the profits of corporations anu partnerships. If this tax, allowing the same exemptions. were increased to 11 per cent on profits in excess of per cent and not over 5 per cent on cao- ital invested, to 15 per cent on prof its in excess of 70 per cent and not over 25 per cent of capital invested. to 20 per cent on profits in excess of 70 per cent and not over 50 per cent of capital invested, and to 25 per cent on profits in excess of 50 per cent of capital invested. the law, according 10 the secretary, would yield s425 1000, 900.
 TRANSPORTATIAN TAX
 Proposed revenue from passenger transportation receipts is estimated on the basis of q per cent on each 25 cent fare or fraction Sbereof within the United States but mo tax on fare not in excess of 25 cents"
 Freight transportation. it is est;- mated, would yield s1o0,000.0O0 at | per cent on each 25 cents or fraction thereof on each freight bill.
 An increase of s2 per gallon m distilled spirits now taxed s1.1O.s the secretary said, would raise s73.O0o 900
 Tn addition to the higher rate,' the ha statewide prohibition laws, partfcu- larly in view of recent court decision as to interstate shipments will have the effect of further reducing tax pav- ments." '
 Rectlfled spirits are not taxed now and it is suggested that they be taxed z2 cents per gallon. Instead of the rate or sl.50 per barrel on fermented liouor S2'oo per barrel is suggested
 CIGARS AND TOBACCO
 The secretary's schedule would double rates on cigars weighing over three pounds per thousand, cigarettes Weighing less than three pounds per thousand. aluff. and chewing and smoking tobacco, Wholesale dealers, including topaers ana retailers who now are not taxed, would be taxed $25 and SC a year, respectively Rates on still and sparkling wines, liouors cordlals or similar compounds would he coupled. That on brandy used in forti- IylhS pure sweet wines would be increased rom 10 to D cents. A lat tax of 25 cents gallon is named for denatured alcohol, now untaxed. Near beer" would pay $l75 per barrel and carbonated soft drinks and bottled waters and natural mineral waters cents d gallon, instead or going untaXed as at present
 helneu sugar would pay an excise fax or l cent pound. None is imported now but 1t IS recommended that any ,ax ,n It be made applicable to imports.
 AUTOMOBILE TAX
 Suggested annual assessments on suto mobiles, auto trucks and motorcycles would be based on their selling prices as follows: Not more than $500, $l; between $500 and $75o, g; $750 and 5000. 8: s10oC and $500; s5; $lj00 and s200, s7, and more than 5000, $10.
 A stamp tax of 1 cent for each 10 cents or fraction thereo on admission tickets Of theatres baseball games and othel places of amusements and a tax of ! pei cent on the wholesale cost of musical In. struments or parts are suggestcd
 OTHER TAXES
 Possible taxes on articles now admitted free to raise $199 1893, 1S4 follow: Crude rubber, 20 cents; hides and skins 10 cents, raw wool. 10 per cent; raw silk, 70 per cent; coffee, 8 cents a pound: fibers and manufactures of now. free, 10 per cent lumber and manufactures of wood ~oi including wood pulp 10 per cent; lin. un- manufactured. 10 cents a pound cotton unmanufactured, ? cents pound; crude cocoa, 20 per cent; oils now fres, 10 pel cent tea, 15 cents a pound; works of art