The Hartford republican. (Hartford, Ky.) 18??-1926, 1918-08-09
new REVENUE BILL
WILL DOUBLE TAXES
Corporations, Brokers And
Mail Order Houses
Hit.

I
the manufacturers of tobacco, were
doubled for the new revenue bill by
the ways and means committee to-
day.
New taxes written into the bill
were a tax of 1 per cent on the re-
tail sales of mail order houses doing
business of 100000 or over; a
tax of 10 per cent of the sale of seats
of stock, produce and grain ex-
changes. and a tax of 20 per cnt on
the dues or fees paid by all men,
bers of the associations.
The taxes agreed upon by the COM
mittee today, I'm addition to the taxes
on automobiles, gasoline, theater adj
missions, previously decided upon,
will yield. It is estimated, close to
one billion dollars.
The tax on the capital stock of
corporations, joint stocks and associa-
lions is so cents for each $1,000 of
the stock; it will be 81 under the
new bill. The assessments or cor
porations will be in addition to the in
come tax and the excess profits tax
provided for in other sections of the
bill
The circus tax is raised from 500
to $500. and proprietors of bowling
alleys and billiard rooms will pay
SO for each alley or table in place
of the SIS tax now paid. Baseball
parks will be assessed $40 instead
of SO.
The doubling of tax on manufac-
turers of tobacco, cigars and cigar
cites will change the schedule of
taxes as follows:
Manufacturers whose annual sale
are not over $4,000 pounds, old tax
SO, new tax Sc; not over 100000
pounds, old tax Sc new tax SIP;
not over 1000 pounds. old tax s12,
new tax S24; in excess of 100000
pounds, old tax cents per 1000
pounds, new tax 16 cents per 1000
pounds.
Cigar Manufacturers Tax.
Manufacturers of cigars whose an
nual sales are not over $4,000 ci-
CARS, old tax 81, new tax $4; not
over 100000 cigars, old tax So. new
tax Sc; not over 100000 cigars, old
tax Sc, new tax $12; not over 40O,-
900 cigars, old tax $12, new tax s24;
in excess of 100000 cigars, old tax
five cents per 1000 cigars, new tax
10 cents per 1000.
Manufacturers of cigarettes, in
Guiding small cigars weighing not
more than three pounds per thou
sand, old tax three cents for every
TO- 900 cigarettes, new tax six cents
per 10000.
The only instance thus far of any
being reduced was in the matter of
the 10 per cent tax on Pullman seats
and berths, which the committee de-
cided to reduce to eigh pier cent ia
conform to the rate on passenger
fares. The reduction was made at
the request of the railroad admin
istration in order to simply the new
scrip and mileage books, which are
about to be issued.
1t was decided to leave all the
stamp taxes on deeds, notes and
other negotiable instruments the
same as they are in the present
law.
A tax of 10 per cent on the sale
price of private yachts was agreed
upon, although 1t was admitted that
not much revenue may be expected
from that source.
Dogs and Cotton Escapes.
The committee rejected a propos-
al to tax dogs and to put tax of SO
bale on cotton. Both propositions
were submitted by Representative
Moore of Pennsylvania. He suggest
ed that tax of SIS head on dogs
would produce a large amount of rev.
enue and also reduce the devastations
of sheep-killing dogs by compelling
Isuch unlicensed animals to be shot.
Only two members of the commit
tee voted for the dog tax.
The cotton tax was opposed by ev-
cry member of the committee from
the cotton growing States, but only
one other member besides Mr.. Moore
voted for it. Mr.. Moore said that
with the present price of cotton and
the present rate of production the
8 tax ought to produce between $780,
900, 900 and $4,000, 900.
Several members from the grain
growing States opposed the tax be-
cause thy feared 1t might lead to a
reprisal by the cotton men in the
shape of a tax on grain.
The special committee, consisting
of Representatives Hull, Helving and
Moore, held a conference today on
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