Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1917-06-04
ADVERTISING TAX
TOGON WAR BILL
Two Per Cent Levy Tenta-
lively Agreed on by Sen
ate Committee
MANY CHANGES MADE

| WASHINGTON. June e.
The war revenue bill. hacked to pieces
and put together again In a manner little
resembling the form in which 1t passed the
House several weeks ago, will be taken
| up by the Senate before the end of the
| week. The Senate Finance Committee is
giving the bill a final retouchlng today and
expects to lay it before the Senate We'd
nesday or Thursday
Today the committee tentatively agreed
to impose per cent tax on all advertising
In newspapers and periodicals.
A. reshaped by the Finance Committee
me Dill ts shorn Of some Of the features
likely to prove veXatious To the ultimate
cons umer Against the Administrations
wishes provisions calculated to raise more
tnan S3OO,000.000 annually have been
stricken out Some Of this will be taken
from the poor mans share. but most Of il
VIII come out Of the rich mans burden.
When the bill gets into the Senate, ef-
torts viii be made TO transfer more Of the
poor mans load 70 the rich mans shoulders
Inc Dill VIII be recommended to the SEN
ate by a virtually unanimous vote Of the
Flhance Committee. Many Of the Repub-
licnn members are opposed to the principle
OF direct taxation applied in the bill. but.
apprecating the immediate need Of funds.
they are going TO bury their differences Of
opinion temporarily and give their support
wholeheartedly TO the measure
SENATE COMMITTEES WORK
Here are some Of the ways in which the
Finance Committee has redrafted the bin:
Beginning with the income tax, the com
mittee cut out the Lenroot amendment
placing an additional surtaX on big in
comes, calculated to yield 5000 600 an
nually, and the retroactive tax on 1916 in
comes, estimated to yield sos. .OOO, 900 YEAR
~ BY changing the basis Of the excess
profits tax, the committee has boosted the
eStlmated revenue from this source from
SZOo'OOOOOO to S350,000,0O0 annually, in ad-
dltion to the revenues from excess profits
under the existing law
NO change has been made I'm the House
taxes on liquor and although the committee
has cut down the levy on tobacco, no ma
terial reduction in the revenue from tbis
source is expected
The committee has left the , per cent
freight tax, certain to be passed on TO the
ultimate consumer, untouched but II has
reduced the 10 per cent tax on passenger
iares TO per cent, thereby taking an an |
nual Increased load of S35,OOO. 900 from the |
travelling public. The burdensome 5 per |
cent tax on electric light gas and teIe |
phone bids, calculated to produce S3OOOO |
600 annually, has been cut from the biII |
out the 5-cent tax on all long-dstance or |
telegraph messages over IS cents has been |
left in.
The committee has been slightly nore |
enlent with simple pleasures cutting ont 1
ne tax on chewing gum and movies Stamp |
iaxes of various kinds are TO be substituted |
Tor the manufacturers tax on such things |
as candy, sporting goods perfumes cos |
neucs' talking machines and records and |
proprietary medicines while automobile |
'wners will be required to pay taxes rang |
ng from $3.50 10 $50 annually.
TARIFF BOOST CUT OUT
The horizontal increase Of 10 per cent I'm |
arif rates has been knocked out but the |
plain citizen Is going to pay his share in |
his connection by an excise tax of half a |
'ent pound on sugar two cents on coffee
md five cents on tea. which is expected |
o produce SSO,000,0OO annually
The committee has cut the proposed in
reased Inheritance tax expected to raise
3O,OOO,OOO annually An effort probably
vii he made in the Senate to restore this
ha