The Washington herald., 1917-05-09
WAR MONEY BILL READY
CONTINUED FROM PAGE ONE.

4 bONAA-Ntt@D hNNCh ANEs ONEA
100000 to $4,000 "a per cent; S25O,OOO to
$500, 600. q per cent $4,000 to $500, 900, 80
per cent; 500, 600 and upward 80 per cent.
The normal tax of individuals to be
deducted and withheld at the source of
income shall not apply to the new per
cent of normal tax until after January
! /, 1918.
Excess Profits Taxed.
The excess profits tax which the franz
ers on Monday reduced from their orig
| inal tentative figures of l6 per cent OF the
excess of per cent OF the profits of
! firms or corporations to IA per cent of
the same was yesterday restored to the
original 16 per cent and so will send in
the bill to be introduced today.
/ The tax on spirits, whisky and similar
beverages, has been Increased to $2.2O per
gallon.
The tax on beer has been elevated to
Sz.75 per barrel.
The tax on rectifers has been fixed at
Is cents per gallon.
The taxes on tabacco have been
doubled.
The taxes on cigars have been advanc-
ed to a new schedule ranging from 80
cents to $40 per thousand, according to
their retail value.
Admission tickets to all forms of the
atrical, circus, or hippodrome entertain
mcnts. including moving picture shows
will be taxed 10 per cent of their cost.
Passenger tickets will be taxed 10 per
cent of their cost on all railway lines eX-
cept commutation tickets. which will be
taxed 50 cents each.
Freight will be taxed per cent of the
freight rates.
Heat. light and telephone bills will be
taxed per cent.
The documentary stamp taxes in vogue
reenacted.
Phone Messages Taxed.
Telegraph messages and long distance
telephone messages where the charge ex-
ceeds 10 cents per message, will be taxed
cents each.
Cosmetics, perfumes and all proprietary
medicines will be taxed 5 per cent.
Pipe lines will pay a tax of per cent
of their valuation
Automobiles will be taxed per cent at
the point OF manufacture, and this will
be calculated on the manufacturers
price
Musical instruments of a value exceed
ing SO will be taxed per cent.
Jewelry will be taxed per cent ad
valorem.
Pleasure boats will be taxed per cent
The postage rates will be advanced as
follows: The first class letter rate will
be cents per ounce or a fraction there
of; the postal card rate will be 2 cents !:
the second class mail rates will be ad-
vanCed to cents per pound for the first
and second zones of the present parcel
post system. 3 cents per pound for the
third and fourth zones, 4 cents per pound
for the fifth and sixth zones, cents per
pOand for the seventh zone and cents
per pound for the eighth zone
Newspapers and periodicals conducted
without profit. such as religious periodi-
Gals, will pay a rate of 1 l-2 cents per
pound universally. and newspapers dis
tributed directly from the point of mail
ing will, as heretofore, pay a rate of only
cent per pound.
The Inheritance tax provisions Of the
proposed law start with one-half of ]
per cent as the basic tax which is to be
assessed on all estates of $4,000 or less
The remainder of the schedule is applied
to the various excesses, step by step, in
graduations as follows:
On estates Of more than $4,000, but not
exceeding Sl5O,O0O, l per cent: sl5O.OOO to
$25O,OOO, IL per cent; $2j0,OoO to $3.50 900, >
per cent; $4,000 to 81, 900, OOo ~ per cent;
100000 to 100000, 3 per cent; S2OOO-
600 to 100000, 81 per cent; 100000 to
100000, per cent; 4,OOO0OO to S.
100000, ~ per cent; SOOO.OOo to $780,
900, per cent; $SOOOOOO to 81. mn. 600, I per
cent; H1,OO0,OOO to SIS, 100000. 10 per cent;
$l5,OO,OOO or over, Is per cent.