Daily capital journal. (Salem, Oregon) 1903-1919, 1918-08-16
REVENUE BILL
Continued from page One)

600, Is per cent. 100000 to $3,000,-
600, q per cent. $3,000,0O0 to 81 ,000,-
600, q per cent. 100000, to $5,000,.
600, p per cent. S5,0O0,000 to $s,000,
600, 30 per cent. ss,0O0,000 to Sl0,090,-
600 80 per cent. Above $4,000 600, 40
per cent.
Life insurance policies above $4,000
are included III the inheritane tax for
the first time at $12.
Luxury Taxes Heavy.
Next come luxury taxes, hitting prse-
tieally everything of every day life ex
eept minimums Of food and clothing.
On seventeen articles, including jew
elry, monographs, pianos, eletrie fans
thermos bottles, tapestries, athletic
goods, brass ornaments and paintings re-
garded by the committee as "out and
out luxurics," a tax of 10 per cent is
levied. Platinum jewelry is taxed 10
per cent extra.
On perfumes, cosmetics aud practical
ly all other toilet articles there is levied
tax of one cent for each ten cents in
sale price or fraction thereof. The same
tax applies to proprietary medicines.
Carpets and Good Clothes.
On semi-luxuries the committee levi
ed 20 per cent tax on the sale price
over a certain figure. Partial list Of
these follows:
Fibre carpets and rugs costing more
than S. a squae yard, trunks over $50
and valises, travelling bags and other
luggage over $25; mems and boys
suits, exclusive of uniforms, $50; wo-
men S ready made cloaks and suits more
than $40 and the same articles tailor
made, over $50; men S hats over So and
caps over So, all shoes over $40; men IS
and boys silk stockings above 81 and
women S SO, and pajamas over So.
The Joy rider will have to pay his bit
to Uncle Sam whether he travels on land
or water
Autos and Gasoline.
Gasoline is taxed two cents a gallon.
A ten per ent tax is levied on automo
biles and motorcycles; motorcycles in the
hands of the owner are assessed So as
license tax and automobile owners
must pay on the following schedule:
Cars Of 20 horsepower Or less, $40; "a
to 30 horsepower, 500; 81 to 40 horse
power, $50. Over 40 horsepower $50.
Electric cars are taxed So for each
horsepower and so cents for eah 100
pounds in weight, aud wagons and trail
ers must pay five per cent. Motor
boats must pay $40 and yahts up to sol
feet must pay 81 per foot; so and 100,
~ for cah foot, and over 100 feet, $4 a
foot.
Present tobao rateccs rates are more
than doubled. Tobacco and snuff must
pay 30 cents a pound; cigars weighing
less than three pounds per thousand are
taxed 90 thousand. Those weighing
more are taxed from $5 to $50 per 1000,
according to price.
Tobacco Products.
Cigarettes weighing not more than
.hrec pounds per thousand and retailing
1t less than two cents each are taxed
s4.l0 thousand and those at more
han two cents each $50. Those weigh
ng more than three pounds per 1000
must bear tax of 5000 per 1000.
Movies and ice cream sodas are al
80 hit. The present 10 per cent tax on
I'll admissions to amusements is doubled
and any other admission less than seven
'ents must pay Dne cent tax.
Movies and Soft Drinks.
In addition to this, there is five per
nfolu nf lp,.
of soft drinks must pay
zen. per ent and there is further retail
sale tax of two cents for each ten cents
If price or fraction thereof.
A vast horde Of special taxes, includ-
ng circuses, pawn brokers, and filled
,heese are doubled. The committee in
ends following the same procedure with
'tamps taxes,
Miscellaneous Levies.
The recent business license tax levies
no annually on all retail establishments
toing business of more than $4,000 a
'ear and on professional men and $25
N wholesale establishments doing more
han 100000 year in business.
Corporations must pay ST. for each
400 and other kinds Of insurance poli-
les one cent on each 81.
Leased wires, except news wires, must
ay 10 per cent and oil pipe lines 6la
or cent.
Fire arms must pay 25 per cent and
owie knives and brass knuekles 100
or cent. Liquor taxes have not been
cfinitely settled but they will be more
han doubled.
Profit Taxes Are Unsettled.
Profit taxes and income taxes of cor.
ofations are unsettled.
The committee once decided on a sol ,
50 per cent excess profit tax with
n ls per cent tax on net incomes of =
This was thrown into the !,
If by the treasury demand for an sol
er cent war profit tax and present ex-
ass profit taxes in force. {
New administrative features of the :
i'll are committee of five to form a !.
ltlonal equalization board, making lib q
'ty bonds security for government
'ntraets and making payments of taxes !,
three installments eompulory.
This last provision was at first Old =
onal and was made compulsory at the =
quest of the treasury. The installmcnt
nst be paid between March Is and !,
Inc 10. 0