The Farmington times. (Farmington, St. Francois County, Mo.) 1905-1926, 1917-05-11
Sweeping War
TaxesAgreed On


Washington, d. c., MAY S.-A 10
per cent increase in the present tariff,
an ad valorem tax of 10 per cent upon
all materials now admitted to this
country free of duty. and a total tax
of 81 per cent upon, incomes above
S500,000 a year, these are provided
for in the $1,800, 900 900 revenue tax
bill as completed by the House WAYS
and Means Committee to night. The
bill will be introduced in the House
tomorrow.
It is felt in Washington that the
House Committee has virtually de-
termined, as predicted last night. to
throw the entire taxation problem IN.
to the open House. There debate will
adjust present incongruities tempor-
arily, and later the Senate Committee
on Finance will reframe the measure
from top to bottom.
$1,000 Incomes Taxed
The income tax sections of the bill
which Chairman Kitchin made public
tonight show vast increases In the
rates of taxation from present stand
ards. All unmarried individuals will
be taxed on 1000 incomes 2 per cent
and all married men the same on
$4,000 incomes.
The basic rate of income tax has
been fixed at A per cent on incomes
of $4,000 Der annum. The surtaxes
grade from that point upward.
The schedule of taxes follows:
Five thousand to $500. 1 per cent.
$500 to $4,000. 2 per cent: S1O.-
OO0 tn $40 200 2 ner cent. s1o son n
$4,000. 4 per cent: 5000 To son 00O
ner cent. 500 O0I to $40 mn q ne,
cent: $40 0O0 To $50 OO0 nar cent.
S6o mn ~ soo ooo II 10. 80. COO
900 TO 100000 ID ner cent. S1O6 O0o
to S150.O0O. n ner cent. S150 O0o to
100000, 20 per cent: 5000 0OO to
S250'O00 % per cent. So50 mn to
100000, 27 per cent; 100000 to
$5O0,O0O, 30 per cent; $50O,000 and
upwards, 81 per cent.
Tax at Source Provided.
The normal t.x ~ individ,,ols 70 ha
dediIctad and withbolJ ~ a. so,,uoo
of income shall not annIv ~ % +ho tSv nau,
2 per cent of normal tay until aftor
Ian 1918
The aycess nroti+s +av which +ho
trainers vesterdav red,,cad f,or, +hoi,.
ORIGINAL tentat;us souros nf 1e '
cent of the excess of 3 nor cont Of A.
nrofits of Arms or corporot;ons 10 "a
per cent of Same yos +oda,, rostoroJ
10 the original 1S ner % cont % ard ea'Cri so n,;Ii
stond in tbo b;l1 +a he introd,,oaS
The tay IN sn;r;te wbisiSov and
similar heveraoes bae been ;ncroosaJ
to 80 20 a gallon, The tax on beer | ;s
80 75 a barrel Tho tax ~, ract;f;ars
is Is cents a gallon, - - - -
The tax on tobacco has beep dou.
bled.
The taxes on cigars have been ad-
vanced to a new schedule ranging
from so cents to $40 per thousand, ac-
cording to actual value.
Theater Tickets Taxed.
Admission tickets to all forms of
theatrical circus q. hinnodroma on
tertainments. including movin0-nic-
tlre shows will he taxed 10 nor cont
of their cost.
Passenger tickets will be +oved IN
Der cent of their cost on all RAILWAY
lines. excent Communication tickats
which will be taxed so cents each A''
Freight will he taxed ner cent of
the freight rates.
Heat. light and telanbone hills will
be taxed 5 per cent,
The documentary stamn taxes in
vogue during the Snanish- American
war will be re-enacted,
Telegram MESSAGES and lono-dis-
tance telephone messages. where tbe
charge exceeds Is cents ner MESSAGE
will be taxed & cents each.
Cosmetics. nerfumeries and olI nro.
prietarv medicines will he taxed <
per cent.
Pine lines will nav a tax of nar
cent of their valuation.
Au.os 60 panE d. o..
"'Vs W ay ~
Auoomopiles Wili pe taxed per
cent at the point OF manufacture, and