Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1918-09-20
HUGE WAR REVENUE 4
BILL NOW FINISHED
No Modification Made in Major
Taxes on Incomes and
Profits.
MAY ASK FOR MORE LATER
Secretary McAdoo Informs Con-
grcss Increase Now Would
Be Unwisc.
I Ey Associated prcr- /


WASHINGTON. September la.-r.x-
ecpting only roll call ca hnal pas
sage tomorrow. and disposal OF two
minor amendments, the $4,000. 000, 900
war revenue bill. which has been in
lhc making since last May, com
nlctcd to-day by the House.
The measure. as II will go 10 the SEN
ate, contains practically no modifica-
ton OF the major taxes on incomes, war
pronts and luxurics as drafted by the
House Ways and Means Committee.
With Senate consideration Of the House
draft TO begin Immediately, Secretary
McAdoo to-day issued a statement that
the Treasury Department would not asl.
~ present for any increase in the bilTs
5000. .000. 900 tax levy. An increase, Mr.
McAdoo stated. would be unwisc and
unnecessary. and added that future con
dions would determine the question of
ihCrcaScd taxation.
The vote on iinal passage is expected
soon after the House conNcncs, and ac-
l'cn has been taken on the two un-
finished Observation-Disclosures TO pot
asn mines Of depletion allowances pro-
vldcd for oil! and gas wells and mines.
and proposal by Representative Good.
military service tho $500 income tax
exemption provided in the bin. but
no~ limited TO thosc overseas. Read
ing Of the bulky bill OF l?o pages Was
hnishcd late to-day.
In to-day's consideration Of the bill.
besides defeat OF proposals for a tax
Ct IS a bale on cotton, the child labor
/. amendment of Representative Green. OF
Iowa. and proposal to repeal the pres
en, mixed -four tax and regulations.
the House made number OF important
changes. but none without sanction OF
the Ways and Means Committee.
CHANGES PROPOSED AND
ADOPTED BY CONGRESS-
Changes proposed by the committee
adootcd the House included.
Extension OF the business license, or
occupation tax, of Slo annually 10 per
sons engaged in any trade. business or
profcssion' whose gross receipts ex-
cced $4,000. With an additional 50 tax
for wholesalers.
Elimination OF The so-called taxi
cab tax, which levied > per cent on
gross receipts on persons operating
three or more automobiles for hire,
, Elimination OF duplicating and add
ing machines from the list OF semi
luAures taxed 10 per ccnt.
a provision making the tax on soda
fountain and soft drink retailers efcc-
i've November next This tax is
cents on each 10 cents OF sales OF
soda water. ice cream and similar ar
ticles.
\ provision changing. tho tax on toll
let soap and powder from ! cent on
retailers sales OF 10 ccuts or fractions.
20 10 per cent levy on manufacturers
&. importers sales.
h new amendment cxcmptinE en-
,crtainmcnts for soldiers and sailors
rom amusement admission taxes.
COTTON TAN RRI>GS On
VERY HEATED DISCUSSION
The cotton tax. proposed by Repro
sentative Moore. OF Pennsylvania. after
heated discussion between tho au..
thor and Representative Raincy. of
: Illinois, and members from southern
states was ruled out on poin, OF
order made by Representative Crisp. Of
Georgia. after a similar amendment TO
tax cotton used ia textiles had beeu
defeated, 100 TO IS. on rising vote,
representative Saunders. Of Virginia.
presiding. held the cotton tax proposal
rot gcrnane 10 the bill under l'ousc
raics. with the result that Representa-
uoposal TO tax steel and steel pro-
ducts.
=. The child-labor and mixed -four
amendments were ruled out on points
OF order, as was another by Repre-
sentative Moore to create a congress
stonal committee to snnerIisc w % "N,
ha opposed.
and il5 10 l21 tho House. with Demo
rats @ and Republicans almost solidly
aligned in respective opposition and
support rejected an amendment by
Represent;ati,ye L;ssh. OF Wisconsin to to
new advisory tax board. authorized ~
tho bill, to bc civil service appointccs..
an re 9y o maize HIf
s~Tnt e,ard permanent was defeated
PROPOSAL. TO TAN BILLBOARD
ADVERTISING Is WITHDHAWN
Proposals TO tax billboard, street
rsr and similar advertising, and for
exemption of estates Of persons in ihc,
military service from taxes on thei :
estates. both by Representative Tread
way. of Massachusetts. were with
drawn.
An amendment by Representative
IIolingsworth. Of Ohio 10 make al
Liberty bond security for national
banks currency issue was rejected or
A point of order from MIR. = Aitchin.
The ohio member declared tho liberty
bonds are unduly Disseminated against
and the government per cent bonds
favored affecting the price OF the re-
cent issues.