The Abbeville press and banner. [volume] (Abbeville, S.C.) 1869-1924, 1918-08-06
HEAVY INCREASE
IN TOBACCO TAX
Existing Rate Trebled in Some Cases
Means More Money.

rates on some Items Oh Cne SCHEDULE
and is expected to raise approx
mately S34O, 100000 in comparison
with the present s168,ooo,OoO reve'
nue. from tobacco.
The committee has made substan.
tial Roadway in its work and some
of it's members predicted today that
all danger of delay in reporting the
bill is over and that the total OF
5000, 900, 600 the greatest volume
of revenue from taxation ever con.
templated in the nations history will
be provided for and the bill in form
to report when the house reassembles
August 10. So far, however, there
is a large gap between the total es-
timated from the exces profits and
income tax sections and the $6,00O,-
000, 900 allotted to those sections in
the original plan. The committee
accordingly went back today to the
income surtax paragraphs, and while
there was no definite action it was
evident there will be heavy increas-
es in surtax rates.
After War Profits.
There was also some discussion of
two plans to superimpose a strictly
war profits tax on the excess profits
tax, one of the plans being for a
complete supplemental tax, every
dollar of which would be additional
to the excess profits revenue, and
the other an alternative proposition
under which the treasury would i'm
pose either the excess profits tax OF
the war profits tax, but not both OF
them, the tax to be imposed being
that which would bring the larger
revenue in each individual case.
Today's action as to war taxes on
tobacco was Independent Of the spe'
cial license tax on manufactures OF
tobacco in which double the present
tax was imposed on the basis of the
annual sales.
Chairman Kitchin made this state.
ment tonight:
"The committee reached the fol
lowing tentative decisions as to the
tobacco schedule: On cigars weigh
ing not more than three pounds pei
thousand, tax increased from the
present 81 per thousand to. So pei
thousand ;cigars weighing more thar
three pounds per thousand and re-
failing at not more than four cents
each, increased from So to SIS pei
thousand; cigars retailing at more
than four, cents and not more thar
seven cents each, increased from
81 to $40 per thousand; cigars re.
failing at more than seven cents
| each and less than Is cents each,
increased from Sc to SIS per thou
sand; between is and 20 cents each
increased from SO to $40 per thou,
sand, and those retailing at 20
cents or more each increased from
$40 to $50 per thousand.
Cigarette. to Rescue.
"Cigarettes weighing not more
than 8 pounds per thousand and re-
failing at less than two cents each,
increased from $2.05 to SIS per thou
sand, those of same weight retailing
at 2 cents or more increased from
$2.05 to SO per thousand; those
weighing more than So pounds pei
thousand, increased from $500 to
$40 per thousand.
Tobacco tax increased from $1a
to 80 cents per pound.
"Cigarette papers and tubes, tax
doubled.
Exports estimate that the reve.
nue. for the IL months period from
these tobacco taxes will total $780,.
100000 against a present revenue
of s16s, 100000 from the same
sources. The cammittee adjourned
until Monday, when the luxury tax
es will be considered.
The jewelers. committee contend
ed that by collecting the tax on the
basis of sales to the consumer $780,.
100000 more might be raised than