The Richmond Virginian. (Richmond, Va.) 1910-1920, 1918-08-02
SENATE COMMITTEE
DOUBLES TAXES.0N
MANY BUSINESSES
Brokers, Iheaters and
Amusements, M ust
Pay Twice AS Much.
INCLUDES TOBACCO
New Levies Will Yield
Government a otal
Estimated Close to
One Billion.
INCLUDES TOBACCO

Washington. Aug. Taxes on the
capital stock of corporations. on brok-
ers, theaters and other places Of
amusement and on the manufac-
turers OF tobacco were doubled for
; the new revenue bill by the ways and
means committee today.
New taxes written into the bill were
tax OF one per cent. on the retail
sales of mail order houses doing a
business OF 100000 or over. a tax Of
ten per cent OF the sale of seats of
stock. produce and grain exchanges.
and tax Of twenty per cent. on the
dues or fees paid by all members Of
such associations. The taxes agreed
upon by the committee today. in ad-
.dition to the taxes on automobiles.
gasoline, admissions. etc. previously
decided upon, will yield, IL 10 esti-
mated. close to $1,000. 100000. Tho
tax on the capital stock of corpora
tions. joint stock com panies and as
sociations Is fifty cents for each 81, 900
OF the stock: It will be one dollar un-
upon corporations will be in addi-
ton to the income tax and excess
profits tar provided for In other Soc
tons Of the bill.
.~~-- Stocks brokcrs, now raytng s11e
each. win pay $1o0. This includes
brokers on the produce exchange a.
we'll a. those who deal in bonds ana
other securities. Brokers who are
members OF the stock exchange will
pay $3.50 instead Of 400. This gives
tho curb broker a distinct advantage.
but Chairman Kitchin explained that
the committee believed that a nan
who owned . seat on change could
well AFFORD to pay more than the fell
low who works outside.
Pawn brokers will have their tax
OF $50 raised to 800. ship brokers
will be raised from $40 to $50 and
custom house brokers from $40 to
$50.
, The tax on theaters. museums.
concert hAIls. motion picture shows
and similar places OF amusement IL
/ doubled. according to the following
schedules:
Present. New
Seating capacity Tax. Tax.
Not over $50 .....-... $25 SO
Between $50 and 500. so 100
Between 500 and 500. rs $50
Over 500 .-........... 100 zoo
/ The circus tax IL raised from 500
to 32o0 and proprietors of bowling
alleys and billiard rooms will pay $40
for each alley or table. in place OF
Z the IS tar now paid. Baseball parks
will be assessed $40 instead OF $40.
The doubling of the tax on manu-
facturefs Of tobacco. cigars and Gig
arestes will change the schedule of
taxes Al follows:
are not over $4,000 pounds, old tar
/ So, new tax So: not over 100000
pounds. old tax IS. new tax sla; not
over 100000 pounds. old tax $12. new
tax >24i In excess OF 100000 pounds.
old tax cents per 1000 pounds. new
tax lS cents per 1000 pounds.
Manufacturers OF cigars whose an
uual sales are not over $4,000 cigars.
!. old tax -. new tax 81: not over 1907
over 100000 cigars, old tax 50, new,
tar IL; not over 100000 cigars, old
tax IL, new tax $24: in excess OF
/ 400. 900 cigars. old tax SC per 1000
cigars, new tax 10c per 1000.
| Manufacturers Of cigarettes In
GLIDING small cigars weighing not
more than three pounds per 1000.
! old tax Sc for every 10000 ciganettes.
new tax &c per 10000.
The only instance thus far Of any
tax being reduced was in he 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 at
the request of the railroad admins
tration In order TO simplify 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.
The committee rejected a proposal
to tax dogs and to put a tax Of So a
bale on cotton. Both propositions
were submitted by Representative
Mdore. OF Pennsylvania. He sug-
gested that . tax OF SIS a head on
dogs would produce q large amount
OF revenue aad also reduce the do
vastations OF Ehecp-killing dogs by
compelling such unlicensed animals
to be shot. Only two members Of abe
committees voted for the dog tax.
The cotton tax was opposed rs
Avery member Of the committee from
The cotton growing statcs. but only
cne~other member bcsidcs Mr.. Moore
voted for IT, Mr.. Moore eAid that ai
the present price OF cotton and the
present rHte Of production the 10 taA