The Butler weekly times. (Butler, Mo.) 1881-1918, 1917-05-10

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Linuors. Tobaccos. Railwav Tictats
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Burden,
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49, - !e p1.s:u ~ 'ne l.ouse
~. p>'.''s u.sls'on w'.n'n :
o~ys' 'no.sn .nele wHi oe..v's-
800 $3.50, w orpo9o"- - so 'u..s
.'oi -" Deno~ta.s any NspuOli-
s."s m esh..,ne tne oenste
r4nee 'o'li..ce VIII oes'n pubic
"s.''nss On .ne D,li E'uay, "'tn .
5y,.w ~ Is'ns reauy 70 report soon
si.cI .,ne i1ouse So.
80 o.ns .nc amount 70 DC raiseo
y ~ ."e uesneu ,o'ai' .ne aouse
.v'e yu@y SESSION w'o'e
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aultted ..ee' - ess''natea % Olihs
y ~ I'''i'.pn aol.ass' lnls ''ao1e Than
1ouo.ne the pIese"t t:I"l revenues.
~ .uu'''f = s.~s ueelueu - IasNe
=" INCOME tax increases retroactive
beginning wfth the present caienaar
year. Otner taxes provioeo lot
would become effective on the sign
ing OF tine Dill.
ine income tax increases. applying
20 pom personai ana corporation IN
con1cs. arc designed 20 PIooucc 533
million dollars more than the pres
ent income tax receipts.
Most OF the new revenue Will
come from the income, excess prot
IT'S ana inheritance taxes ana adoi-
uonai iarir1 duties, out the sievies OF
the Dill would reach into many other
sources. Letter mail rates would pc
increased from two to three cents an
ounce and postal cards from one to
two cents while 10 million dollars
would DC added to charges AGAINST
newspapers under a new system
based on the present parcel post
zones. Internal revenue taxes upon
iiqnnr and tobacco would be mater
1aliy increased ana tnsre would pc
taxes on anHseWents and. stamp
taxes OF vine scope. 81 ~
Inc war income tax section would
double the present normal tax OF
per cent on individuals and : per
cent on corporations. IT would low
80 the exemption OF individual in
G mes from $4,000 to $4,000 in the
case OF married persons and from
5000 to $1,000 Tor the unmarried. In
:.ed't,on' bts'nninE with incomes ct
5000, gra duated super-taxes would
he imposed in addition to the normal
per cent, ranging up to 50 per cent
on all incomes over Ia million dol
iars year
The provisions requiring the nor
NAL tax Of individuals to be deducted
and withheld at the source OF in
come would not apply to the new
normal tax prescribed IN this Dill un-
til after January I, 1913, and thereaf-
ter only to incomes exceeding $1,000
The bill proposes to bring in 400
million dollars by doubling the pres
ent 8 per cent tax on excess profits.
On distilled spirits the present tax
OF $i.io per gallon is doubled; to the
rectiiier's tax fifteen cents gallon
is added, and fermented liquors are
assessed SAYS per barrel instead OF
$I.5o. ..-.... a.,.-.,.s.-s.
The tobacco tax is doubled, except
as to cigars, which are graduated
from fifty cents to $40 thousand,
according to retail value. Cigarettes
~ 2 a. a. II