Republican farmer., 1918-08-09
SEARCH FOR SUBMARINE
 OFF THE CANADIAN COAST
1HEATERS HARD
 HIT IN NEW TAX
Tobacco and Cigars Must Pay Double and Brokers
 Will Be Highly Taxed.

Washington, Aug. 2-Taxes on the capital stock of corporations, on brokers, theatres and other places of amusement and on manufacturers of tobacco were doubled for the new Revenue bill by the Ways and Means Committee yesterday.
 New taxes written into the bill were a tax of i per cent. on the reail sales of mail order houses doing a business of $100,000 or over annually, tax of 10 per cent. on the sale of seats of stock produce or grain exchanges and tax of 20 per cent. on the dues or fees paid by all members of such associations.
 The taxes agreed on by the com mittee yesterday in addition to the taxes on automobiles, gasolene, ad missions etc., previously decided on, will yield it is estimated, close to $1,O00, ,O0O,OO0.
 The tax on the capital stock of cor porations, joint stock companies and associations is 50 cents for each $1,- GOO of the stock; it will be $1 under the new bill. This assessment upon corporations will be in addition to the income tax and excess profits tax pro- vided for in other portions of the bill.
 Stock brokers now paying $50 each will pay $100. This includes brokers on produce exchanges as we'll as those who deal in stocks and other securi- ties. Brokers who are members of the Stock Exchanges will pay $250 instead of $100. This gives the Curb broker a distinct advantage but Chair man Kitchin explained that the com mittee believed a man who could af- ford a seat on change could well af- ford to pay $150 more than the fellow who works on the outside. Pawnbrokers will have their pay of $50 raised to s1O0, ship brokers will ] be raised from $20 to $50 and Gus toms House brokers from $1O to | $50.
 The tax on theatres, concert halls, 1 motion picture shows and similar 1 places of amusement is doubled ac- cording to the following schedule: Seating capacity of not over 250 from | $25 to S50;. between 250 to 500, from $50 to $100; between 500 and 800, from $75 to $50; over 800, from $100 to $20O.
 The circus tax is raised from $100 | to $2OO and proprietors of bowling alleys and billiard rooms will pay $10 for each alley or table in place of the $5 tax now paid. Baseball parks will I be assessed $2O instead of $10. -
 The doubling of the tax on manu- lecturers of tobacco, cigars and cigar cites will change the schedule of taxes as follows: Manufacturers whose sales are over 50,000 pounds, old tax 1 $3, now s6; not over 1O0,O pounds old tax $6, now SIP; not over 00,oO9 pounds, old tax SIP, now SPA; in ex- cess of 1000 pounds, old tax cents per 1000 pounds, now 16 cents per | 1000.
 | Manufacturers of cigars whose an- nua1 sales are not over 50 900 cigars, old tax $2, new tax $4; not over 100,- 900 cigars, old tax $3, new $6; not over 100000 cigars, old tax S6, new tax SIP; not over 100000 cigars, old tax SIP, new tax $24. In excess of 100000 cigars old tax five cents per 1000 cigars, new tax 10 cents per thousand.
 Manufacturers of cigarettes, in- cluding small cigars weighing not more than pounds per thousand old
 tax cents for every 10000 cigarettes
 new tax cents per 10000.
 The only instance thus far of any tax being reduced was in the matter
 of the ten per cent. tax on Pullman
 seats and berths, which the commit
 tee decided to reduce to per cent
 to conform to the rate on passenger fares. The reduction was made al the request of the railroad admins
 tration in order to simplify the new
 scrip and mileage books which arc
 about to be issued.