The Mena weekly star., 1917-10-04

Senate was restored and lt $ estl- imated to raise $b.O00000.
 In lieu of the House five per cent tax on sales of automobiles by lmarefacturers and the Senate fed- eral licence tax on owners, the con- Heroes adopted a three per cent tax on all motor vehicles, including ltrucks, payable by manufacturers, producers and importers.
 Taxes of three per cent on manu- lfacturers' sales of musical instru- ,menis and jewelry also were written lin. with a tax of one-fourth of a cent foot on motion picture films.
 Sporting Goods.
 On sporting goods. the revised bill levied three per cent on manu- facturers sales, instead of five per cent proposed by the House and two per cent by the Senate The three per cent levy also was adopted for cameras, in lieu of the Senate two per cent rate. and chewing gum manufactures would be taxed two por cent of gross sales, reduction of three per cent from the House rate.
 The Senate two per cent manufac- ltureTs' sales taxes on perfumes and lpatent medicines were retained The Senate one cent stamp tax on bank checks was not restored, but it's tax of one cent on parcel post packages costing 25c or more was retained. Other stamp taxes, all made effective December f, were re- tained and the House tax on indem- Unity bonds restored.
 Raise Inheritance Taxes
 A new system of graduated inher- itance taxes was written into the bill in lieu of the House plan and despite the Senate's rejection of such tax es The new rates on inheritances, with those of Americans in military service exempted. range from one half of one per cent on $50,000 es- tates to 10 per cent on estates of Si0,000,0o0 and more.
 The bulk of increases of between S250.000,000 and S300000,000 made by the conferees in the Senate bill was secured from the postage. public utilities and manufacturing sales section and the new inheritance tax With few exceptions, the new taxes are effective with the passage of the fact.
 Lowers Income Minimum.
 The income tax section was adopt cd virtually as written by the Sen ate The new two per cent normal tax on incomes of more than $2,O0C for married persons and Si 900 for single persons is in addition to the Ipresent Jaw exemptng incomes of less than $3,000 for single persons land $i,000 for married persons.
 Thus those between the new loan exemption bases and the present ex- lemptions will pay only the new two lper cent tax, but single persons hav- ling an income of 5000 or more and married persons whose income is $i,000 or more would pay the full -four per cent normal tax
 The Senate income provision al- flowing an additional exemption of S200 for each dependent child to heads of families, subject to the present law, was retained. The ex- emption for children, however, does lnot apply to those subject to the S2,000 mad $i .000 exemptions, respec- lively, for married and single per- Isons.
 Reduce Tax on Wines.
 Increased Senate rates on whiskey land beer were virtually retained and that on wines somewhat reduced The tax on distilled spirits was made IS2.l0 per gallon when for beverage luse and Si less for industrial pur- lposes, estimated to raise si35,000.- loco. The amendment prohibiting importation of distilled spirits for beverage use was retained. Floor itaxes to reach withdrawn liquors were approved. Beer was taxed $i go per barrel additional to raise Si6,000,000
 Taxes on nonalcoholic beverages were compromised On prepared syrups and extracts, taxes graduated from 5 Co 20 cents were adopted Grape juice and other soft drinks were taxed one cent per gallon. Senate rates on cigars and cigar cites were retained. but those on snuff were in creased from four to five cents pound.
 stamp Taxes.
 stamp taxes agreed upon were:
 Bonds of indebtedness. five cents on each Sl00; indemnity and surety bonds 60 cents. parcel post pack ages, one cent for each % cents of the cost of transportation; capital stock. original issues, five cents per Si00: sales and transfers, two cents 1 per Si00; sales of produce on ex- lchange, two cents for each Si00 Nalue in merchandise; drafts, checks. payable other than on sight af demand, promissory notes except bank notes for circulation, and re- lnewals. two cents for all sums be- i low Si00 and two cents for each ad- ditional Si00 or fraction thereof leonveyance papers. 90 cents between iSi00 and $500, and 90 cents for each additional S501: customs house en- tries, from 25e tO Si: entry for with drawal from bonded warehouses. 50c: passenger vessel tickets for ports other than those ln the United