New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-09-30

and $3.50 900. 45 per cent between SIbo,-
600 and 81 .000.000 and 30 per cent on
incomes exceeding 100000,
Increased Senate rates on whiskey and
beer were virtually retained and that
on wines was somewhat reduced. The
tax on distilled spirits was made $2.lo
per gallon when for beverage use and
81 less for industrial purposes. estt-
mated to raise sl35, 0OO, 600. The amend
ment, prohibiting importation OF dis
titled spirits for beverage use, was re-
tanned Floor taxes to reach withdrawn
liquors were approved. Beer was taxed
$3.50 per barrel additional, to raise
sac. 0o0,0 900, an increase Of 70 cents per
barrel over the House rate.
Present wine taxes were doubled.
Taxes on nom alcoholic beverages
were compromised. On prepared syrups
and extracts the taxes graduated from
. to 20 cents instead ~ from 8 TO l.
cents gallon were adopted. Grape
Juice and other soft drinks are taxed
cent per gallon, rs provided ny inc
Senate I'm reducing the original z-ceh'
rate OF the House.
Senate RATES on cigars and cigarettes
were retained, but those on snun were
increased from accents to cents
pound.
Stamp Taxes Agreed On
Stamp taxes agreed upon were:
Bonds Of Indebtedness, . cents on eacn
500: indemnity and surety BONDS oo
cents: parcel post packages, ] cent Ior
each 25 cents on the cost OF trans
narration: capital stock, original IS
sues. 3 cents per SlC0; sales and trans
fers . cents per 500; sales OF produce
on exchange, cents for each slvo
value in merchandise; drafts, chechS
pavable other than on sight or demand
promissory notes, except Danhhotes
for circulation, and renewals, Z GEMS
for all sums below 500 and cents LOT
each additional 500 or fraction there
Of; conveyance papers, oO Genus "
tween 500 and $500 and 90 cents lor
each additional $500; custom mouse
entries. from 25 cents to 81; entry lor
withdrawal from bonded warehouse
so cents; passenger vessel tlcKets Io5
ports other than those IN the Unlteu
States. Canada and Mexico. between
SiO and $50. 81: between $50 and $780,
81 and above $50, IS; voting proxies,
10 cents: power of attorney, 20 cents;
PLAYING cards, decks of not more than
IftN-lOu1 CdIuS, al auNi''N
on the present rates.
House and Senate provisions Tor a
tax of five cents each or telegraph, tei-
cphone and radio messages costing 10
cents or more and designed to raise w.
600 900 were retained, but the house
tax on gas. electric and telephone ser
vice was eliminated.
Life Insurance Taxed
Taves on life insurance. eliminated
from the House bill in the senate were
.merded and reinserted. raising about
81. 900 600. Effective November l. tne
new taxes on new insurance policies
issued are SIS per 500 or traction there-
of on life insurance. and / cent per
81 on marine, casualty, IRE ana ihiahu
assurances.
Amusement taxes agreed upon pro.
vide that all persons entering places OF
amusement free, except employees and
offcials on duty and children under
twelve. would pay tax rate OF one
cent on each 10 cents or fraction there
of of the admission charge. THIS tax
also would apply TO cabarets and sim +.
liar performances where the cost OF
entertainment IS included in other
costs. such as service. Holders OF an
nual box seats would pay 10 per cent
Of the annual rental. Nickel theatres
and shows. rides and other outdoor
mark amusements with maximum ad-
MISSION of 10 cents and beneht enter
tainments and agricultural fairs were
exempted.
After November 1. 1917. members OF
all clubs except certain frsternai orders
having more than SIP annual dues would
he subject to 10 per cent tax
On excess profits the conferree $
agreed upon a minimum deduction Of
nor cent and maximum of 10 per cent
instead of the TO 10 per cent hxed
nv the Senate. Other exemptions are
81. 900 for corporations and S6,OOo Tor
Individuals. Corporations, partnerships
and individuals having no capital stock
would nav a fat rate of per cent on
net profits in excess Of $4,000 on cor
porations and OF $4,000 on individuals
and partnerships:
Miscellaneous income tax amendments
inserted by the Senate were generally
adopted, including the so-called Jones
amendment for a tax of 10 per cent On
corporations undistributed surplus
without allowance for income taxes paid
TT. IN rar rant fax would not appIV