The Hawaiian gazette. [volume] (Honolulu [Oahu, Hawaii]) 1865-1918, 1917-08-17
Measure Expected To Pass SEN
ate This Week and Likely
TO Go Through House -.
LITTLE CHANGED FROM
DRAFT or COMMITTEE
More Than Two Billions Of DOL
lars Provided For BY Meas
ure As ItNow Stands &.
Associated Press BY b. 8. naval Com.
munication oervtcel ...s "

= -" ~ ae - ANaNaA WIN
munication servtce) 70, &.
WASHINGTON, August l6-The War
Tax Bin, which has not been material.
ly amended in my way MS the result
Of the debate, will pass the senate
before the end Of the week, In the
opinion of the senate leaders, when IL
will be sent into conference. {.
The measure rs ID is certain to PASS
provides for the raising of approx.
mateiy $4,000, 900, 900 in taxes to meet
war expenses, but makes no provision
for further bond authorizations.
The bill was increased $133, 900 900
over the total as Il passed the house.
About 1927 600, 900 was added during
the last week because Of the latest
war estimates. The final redraft was
presented TO the senate as q bipartisan
measure, with Senators La Toilette,
Gore and Thomas presenting separate
report advocating higher tax levies.
New Increases g.. d..
The new Increase Of $327 900 900 ov.
or the committee's original draft is
distributed approximately among the
following additional levies: ,.,,-s.
On corporate incomes, $l62,000,000;
additional snrtaxes on individual in
comes Of $4,000 aud over, $27, 500 900;
distilled spirits, $4,000 900; beer, $l2,-
100000, wines, $17,000,O0O; war excess
profits, $5,000,000 bank checks, $1,000
900; floor or stock taxes ON sugar, cof-,
fee, tea and cocoa, $6,000,0 900. ~. =. :.
Additional taxes on incomes Of cor.
porations apply also TO partnerships;
aoaa $40, -.
life insurance companies.
Their normal income tax is increased to
six per cent, four per cent more than
the present law and two per cent above
the original house and committee pro-
gram. .. 49, .. -
Increased Surtaxes ,. 49,. =,
Increased surtaxes fall entirely on
individuals, having INCOMES of $4,000
or above. They range from one per,
cent on &l5, 900 incomes, TO n maximum
of thirty-three per cent on incomes in
excess Of 100000. -a..s. a".e
An additional one dollar per gallon
tax is imposed on distilled spirits, with
drawn from bond, except those used for
industrial purposes, increasing the tax
on distilled beverages TO $500 per gal
lon as compared with the present rate
of $lI0. The committee 3 prohibitoryl
tax GU grain, molasses and other ingre.
dicnts of whisky to stop further manu-
fscture is retained. .s.E. 49,.
Beer would,be taxed three dollars per
barrel, double the present rate. Wines
would bear virtually treble their pres
ent taxes. The house levy was only
$6,000,000 on wines. Is, -.
Excess Profits ~ 4
The $5,000,00O increase on, war ex-s
cess profits was added by minor changes
in the schedule of such taxes providing
for a total revenue Of $52s, 000, 900. The
$2,000,000 additional from bank checks
would make $l0,000,000 in all from
that source. E..ett5 -
The new floor or stock taxes on SUI
gar, tea, coffee and cocoa, at the same
rates proposed in the new consumption
taxes, are levied only on wholesalers
and retailers having large accumulated
supplies a.'a5. III
Source Of TaYes .a#. q.
Y OF the $4,000, 100000 proposed new
taxes about $T20, 100000 will be secured
from corporate and individual incomes,
$74S,O00,000 from war excess profits,
abont 5000, 100000 from reetified and
distilled spirits, $45,000,000 from fer
mented and malt liquors, and $23 ,000,-
600 from wines. Few other schedules
were changed in the final revision.
The committee also wrote in q new
provision exempting from all postage
letters written by American soldiers
and sailors in foreign lands and pro
viding that the proposed new tax Of
one cent on each twenty-five cents paid
for transporting parcel post packages
shall not apply to packages weighing
less than four ounces.
In greatly increasing wine taxes the
committee decided TO levy four cents
per gallon additional, doubling the pres
ent tax of four cents on dry and still
wines containing less than fourteen per
cent Of alcohol. On sweet wines,
liquors, eordials and other compounds
the new rate was fixed at clio per
proof gallon, double the present law.
On alcohol used for fortifyine wines
the new bin levies 81 per proof gallon
in addition TO the present tax Of ten
cents per gallon. -. \.
On Chmpagnes ''
Present taxes on champagnes, spar
king and artificial wines would be
trebled, Total taxes on champagne
and sparkling wines under the revised
bill would be nine cents half pint and
four and one'half cents pint on arti- |
fetal wines.
I That the new extra tax of one dollar |
per gallon on distilled spirits shall not
apply TO that used for Industrial or
other than beverage purposes, such rs
making medicine and perfumery, also
was provided.
The new floor or stock tax on sugar,
tea, coffee aud cocoa was modified TO- |
day IN favor of retailers. The follow
ing amounts of such products in their
hands will be exempt from the floor
tax:
Tea, nifty pounds; coffee, 200 pounds;
sugar, 800 pounds grape sugar OF GIN, !
cose, 100 pounds, and saccharine, one |
pound No retailers exemption for co. /