The Hawaiian gazette. [volume] (Honolulu [Oahu, Hawaii]) 1865-1918, 1917-08-04
INCOME EXEMPTION
Will BE MUCH LOWERED
New Revenue Producing Measure
viii Take In All In Excess Of
Fifteen thousand Dollars and
Produce More Than Twenty
seven Million Over Estimates
(Associated Press by U. B. Naval Com
munication Service) - .

H . # u. Il
WASHINGTON, August i The
members Of the senate finance commit,
tee have practically decided TO in.
crease the excise tax on sugar, coffee
and tea over those provided in the
War Revenue Bill as it was reported
TO the senate from committee some
weeks ago and then regarded as com.
pleted. The amount of the increases
has not been announced, with the ex
ception Of the increase upon sugar
which is to. be an additional half cent
bringing the total consumption tax up
to one cent pound. tF.
A material increase in the tax on in.
comes of corporations and individuals
is settled and the developments of the
day include the cutting down of the
limit for this additional income tax
so that it win take in incomes of $l5,.
900 and over. The plan on Monday
was to place the additional levies on
incomes from 10000 and up.
1t is now estimated that the add.
tional tax upon corporation incomes
will raise $162, 100000 over the first
estimate of income, while there will
be an additional total of $27 GOO, 900
from the increased levy upon indivi.
dual incomes 49,.
Taxes Originally Proposed
The War Revenue Bill as reported to
the senate three weeks ago provided
excise taxes upon sugar, tea, coffee and
cocoa. The. clauses dealing with these
were.- { %. 4-sy q. x .'.'. .'...y
"Section 900-That there shall be
levied, assessed, collected and paid
"ta) Upon all coffee OF substitutes
therefor produced or imported and
sold, or removed for consumption OF
sale, tax of two cents per pound, to
be paid by the producer or importer
COB Upon all tea produced or i'm.
ported, and sold, or removed for con.
sumption or sale Except impure tea,
tea waste, tea siftings or sweepings
for manufacturing purposes in bond
pursuant to sthe provisions of the act
Of May l6, l90S), tax Of five cents
per pound to be paid by the producer
or importer;
go Upon all crude cocoa produced
or imported, and sold, or removed fol-
consumption or sale, a tax of three
cents per pound, and upon all prepared
or manufactured cocoa and chocolate
imported and sold, or removed for con,
sumption, or sale, q tax of five cents
per pound, such taxes to be paid by
the producer or importers; 49,
Tax on Sugar 49,.
"(d) Upon (1) all refined sugar re,
fined or imported, and sold, OF remov,
ed for consumption as an article of
human food without further refining
and Sold, or removed for consumption
or sale, tax of one.half cent Del
pound, to be paid by the reflner, manu-.
facturer, or importer; ''' s"t 4
"(e) Upon all saccharine or simi
lar products, glucose, grape sugar
syrup Of cane juice, and molasses, pro,
dueed or imported, and sold, or remoE
ed for consumption or sale, a tax OF
$3.50 per pound in the case of sacchar
Inc or similar products, one fourth OF
cent per pound in the case of glu.
cose and grape sugar, cent per gallon
in the case of mOlasses Except beet
molasses) and syrup of cane juice, test
ing by polariscope above forty degrees
and not above fifty-six degrees, and
cents per gallon in the case OF
molasses and syrup of cane juice test
ing, above fiftyzsix degrees, such take,
to be paid by the producer or import
err. - F.. ".rN
"only one tax under this section
shall be paid with respect to any
article, irrespective of change of form
by manufacture or other process. u :
Section 9O2-That so much of par
agraph o of section Nv of the Act EN-
titled AN Act to reduce tariff dutie,
and to provide revenue for the Gov
eminent, and for other, purposes ap
proved October third, nineteen hun
dred and thirteen, as authorizes q
drawback upon sugar is hereby repeal
ed. - 49,
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