Evening star. [volume] (Washington, D.C.) 1854-1972, 1917-04-16
Some of the Recommendations.

Here are some of the other recon-
mendations: Taxes on articles now adj
mitted free. s2oS 900. 900. freight trans
portation receipts. 500. 1000. 900: excise
tax on sugar. ss2.0o0.ooo; refined pc
t-oleum. $4,000 900; stamp taxes on
the2ter. base ball and other amusement
tickets. sI5,000,000. distilled spirits,
s73.000.000: stamp taxes. miscellaneous.
S51 900 900. transportation receipts, pas
sengers, s35,000.000: fermented liquors,
s3O.000.000; smoking and chewing to-
bacco. $4,000. 900: automobiles, trucks,
motor cycles. $19.S00,000: soft drinks,
$4,000, 900: cigarettes. s17.000.oo0; rec
titled liquor. S12.500.000: cigars. s1l.-
100000; excise tax on musical instru-
wines. etc. ss,75o,o0o: excise tax on
glucose. 100000: denatured alcohol,
$4,000 900; retail dealers in cigars. Gig
arettes. etc. s4.s00,o0o: wholesale deal
ers and jobbers in tobacco, $2.Soo.0op,
and snuff. Sl.500,000.
The revised arrangement of super
taxes in incomes as outlined would be:
Incomes of $4,000 to $4,000, ! per cent;
$4,000 TO $4,000, per cent; $4,000 to
$4,000. per cent; $4,000 to 100000.
I per cent: $4,000 to $4,000, per
cent; $4,000 to 100000, 10 per cent;
$500 to $4,000. II per cent: $4,000
10 100000. Is per cent; 100000 TO
900. Is per cent; 100000 to 100000,
s3Ia per cent; s1.o00,oo0 and over, 40
per cent.
s per cent on corporation and part.
nership profits on more than So,OOo
and per cent OF invested capital were
made applicable to the calendar year
1916. the Secretary estimates. II would
WELD s22s,000,000. Corporations and
partnerships would be given until Sep
TENDER to pay the tax.
Excess Profits for 1917.
AS TO the excess profits tax for 1917,
collectible in June. 1918, the existing
law allows an exemption Of $4,000 and
s per cent on invested capital. and
levies s per cent tax on the remainder
of the profits of corporations and part
nerships. II this tax, allowing the
same exemptions, were increased to 10
per cent on profits in excess Of 8 per
cent and not more than Is per cent Of
capital invested to Is per cent on
profits in excess OF Is per cent and not
more than IS per cent Of capital in
vested: to 30 per cent on profits in ex-
cess of 25 per cent and not moro than
so per cent of capital invested. and
to IS per cent on profits In excess OF
so per cent of capital invested. the law.
according to the Secretary, would yield
s425, 0oO. 900.
Proposed revenue from passenger
transportation receipts is estimated on
the basis of Il per cent on each twenty
fve-cent fare or fraction thereof within
the United States" but no tax on fare
not in excess of % cents"
Freight transportation. II is estimated
i would yield s1o0.000.000 at l cent on
| each 25 cents or fraction thereof on
| each freight bill.
An increase to 81 per gallon on dis
titled spirits now taxed file. the Sec
/ rotary says. would raise $4,000, 900.
"1n addition to the higher rate" the
statement adds. "undoubtedl the state
wide prohibition laws. particularly in
view of recent court decisions as to In
| terstate shipments. will have the ef-
| feet OF further reducing tax pay
ments."
Rectified spirits are not taxed now,
| and 1t is suggested that they be taxed
| % cents per gallon. Instead of the
| rate of $3.50 per barrel on fermented
liquor. $3.50 per barrel is suggested.
Double Rates on Cigars.