Grand Forks herald. [volume] (Grand Forks, N.D.) 1916-1955, 1917-11-03
Grand Forks; And The Entire Country
Begin to Feel the Real Pinch Of WAR;
New War Td*es Are In Effect Today

gresg who passed b new Jaw, 1or slo
prices Of this commodity luxury or
necessity?) will remain stationery
with the tacit understanding. noWev-
or, that the size Of the plugs WILL oe
diminished.
Absolute Necessities of Life.
The urgently necessary essentials OF
everyday life have not been anecteo
by the war tax law. It must have
been thought at Washington that tne
prices Of. such articles as food. fuel
ana clothing would rise high enough
without the aid Of any additional leg
islation, and as there is q disposition
on the part Of the government to OF.
feet q reduction of retail prices OF
necessities, there seems to be no I'M
minent danger Of further advances
less, certain groups of manufacturers
deem It necessary to meet higher cost
Of production
Amusement Seekers To Pay.
= The new law provides q tax OF one
cent on every ten-cents or fraction
thereof charged. The ordinary ad-
mission price in this city is Is cents
PEI capita. 80 this will mean an ex-
ira payment Of 2 cents. AS n man
ayers Of theaters do not consider
their amusement q luxury. but a
downright necessity, they actually re-
duce the admission price to the pub
lie. It is like this: The. law requires
that the additional tax be levied upon
,the public itself, And the public will
be made to pay it. But The theater
managers reduce their Decent admis-
sion tickets to 9 cents and their ID
cent tickets to 10 cents, out keep on
charging. respectively. 10 and Is
cents by which arrangement the pub
lie 10 paying the war tax just the
same.
Taxes will also be levied. to the ex-
tent Of 10 per cent, on initiation ices
Citations Of a social. athletic or other
nature.
Insurance Assessed.
Another point at which the citizen
will feel the direct war taxation will
be in the way of fire. life and acct
dent insurance. The tax must be paid
by the insured instead Of by n cor
poration. On life insurance the rate
will be s cents on each $1,000 of the
amount for which the life Of the indi-
vidual is insured. On fire insurance
the charge will. be / per cent of the
annual premium paid, and this rate
will also apply to the assurances
against casualties.
1d1oS arc l1llpOScU Ou oApi 600 AAio
ter and on freight and passenger
fares oil carried by pipe lines. seats
and berths on trains. and steamship
tickets, telegraph and telephone mes
sages. Express packages from one
point in the United States to another
point in this country must pay ! cent
tax for each 20 cents charged, and
freight within the United States pays
3 per cent tax on the cost of trans
portation.
Z invested Capital Bears Burden.
Invested capital which, according
to the law. includes actual cash paid
in; actual cash value of tangible
property paid in other than cash for
stock and shares: paid in and earned
surplus and undivided profits used in
the business exclusive of undivided
profits earned during the taxable
year, will not be affected by the new
law until December 1, and owners
and managers Of large business estAb-
lishments in. this city have not yet
completed their study Of the law and
don't d know precisely how it will work
/ Law Is Very Inclusive.
The war tax law includes a very
large number of articles. from jewel
|ry to motor boats, yachts and auto
mobiles, patent medicines and bonds
Of various kinds. Sweeping changes
have also been made in the income
laws already in force.