The Richmond Virginian. (Richmond, Va.) 1910-1920, 1917-05-09
louise Revenue Bill Taxes Ev-
erythins from Telephone Bill
to the Letter 1t Is Mailed In
FIVE-CENT TAX ON
TELEGRAPH MESSAGES
incomes of $1,000 Must Pay
Tax In Case of Single Men.
Tobacco Tax Deubled-Pos-
tai Cards Will Sell for Two
Cents ----

Washington, 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 coun-
try free of duty. and "A total tax or
per cent npon- incomes above
$500 600 a year--these are provided
Tor In the 81 500. ndn 00o revenue tax
-AtlI as t=esfe eieted b. THE house Ways
and means committees tonight, The
hill ". be introduced In the house
tomorrow.
II is felt in Washington that the
house committee has virtually deter
mined az predicted last night, 10
throw the entire taxation problem
into the open house There the de-
hate Will adjust present ineongruities
temporarily and later the senate COM
atttee on finance will reframe the
measure from top to bottom
lncome Tax Feature.
The income tax sections of the bill
which Chairman Kitchen made public
tonight show vast increases in the
rates Of taxation from present stand
ards All Unmarried individuals will
he taxed on Loco incomes , per
cent and All married men the same
on SO 600 incomes.
been fixed at per cent on incomes
81 $1,000 per anmm. The surtaxes
grade from thar point upward.
The schedule of surtaxes follows:
50 eco to 81, sae~--l per cent.
$500 20 $40 o0D-re per cent.
$50 o9n to sI2. 5oo--3 per cent.
sfc.5A0 TO Sl5.0oo--~4 per cent
$4,000 TO $40 eco per cent
$40, 900 to $40, 0on-s per cent.
Asn
$50. 900 to $50. Cecil per cent
$4,000 TO $40 no0--14 per cent.
800. 006 to $3.50 ono-~l- per cent
$3.50. 900 to 5000. 00o--2o per cent
xsn0 nAn 30. $2aa.0eQ--2a }>er xer1tes
$3.50 od0 to s30o eo0--2T per cent.
$500. 00o 20 $500 0o0-- 90 per cent
$500. 900 and upwards--s7 per cent
The normal tax Of individuals to he
deducted aud withheld at the source
~ income shall nor apply 70 the new
per cent Of normal tax until after
January J, 1918.
Inheritance Tax.
The inheritance tax provisions OF
the proposed law start with half
OF one per cent as the basis tax which
Is To be assessed on oil estates of
$50. 900 or less. Tho remainder OF the
schedule is applied 10 the various ex-
cesses, step by step in graduation
fnliOwSt TN excess OF more IMAM SaV.~
600 but not exceeding $4,000. one
per cent, On excess of more than
$3.50. 900. hut not exceeding $4,000.
one and half per cent. On excess of
more than $3.50. 600. hut not exceeding
s450,o00 two per cent On excess OF
more than $3.50, 00h but not exceeding
81 900. 0eo. two and half per cent
on excess of more than 81 .o0o 900,
but not exceeding $4,000 900, three
per cent. ON excess OF more than
$4,000 0oe but not exceeding $1,000
600. three and a half per cent ON
excess of more than ,1s3, 900. 900. hut
not exceeding 81, 200, four per
cent On excess of more than S4.-
600. 900. hut not exceeding $1,000, 900.
four and one-half per cent on excess
Of more than $4,000. goo, but not ex-
ceeding ss.000.ooo Ave per cent. On
excess of more than 100000. but
not exceeding si1, 900, 900 seven per
cent. On excess of more than $ll,-
600, 600, but not exceeding Sis, 900. 900.
ten per cent
On excess of more than $4,000, 900
fifteen per cent.
Excess Profits.
The excess profits tax which the
trainers yesterday reduced from
their original tentative figures of ar
teen per cent of the excess OF eight
corporations to fourteen per cent Of
the same was today restored to the
original sixteen per cent and so will
he taxed in the bill to be introduced
tomorrow.
The tax on spirits, whiskey and
similar beverages has been increased
to s2.20 per gallon.
The tax on beer is s2.75 per barrel.
The tax on rectifiers is fifteen cents
per gallon.
The tax on tobacco has been dou-
bled.
The taxes on cigars have been ad-
from fifty cents to $40 per thousand
according to retail value.
Admission tickets to all forms of
theatrical, circus or hippodrome en-
tertainments, including moving pic
ture shows, will be taxed ten per cent
Of their cost Passenger tickets will
he taxed ten per cent of their cost
on all railway lines except commu-
tation tickets, which will be taxed
ATTY cents each. Freight will be
taxed three per cent of the freight
rates. Heat, light and telephone bills
will, be taxed Ave per cent.
The documentary stamp tax in
vogue during the Spanish American
war will be re-enaeted.
Heavy Telegraph Tax.
Telegraph messages and long dis
lance telephone messages where the
charge exceeds fifteen cents per mes
ssTe will be taxed hve cents each,
cosmetics. perfumeries and all pro-
prietarv medicines will be taxed i've
per cent.
6c>-Ai-.aAA an Second PaxA0