The sun., 1918-08-02
NEW TAKES TO ADD
BILLION TO BUDGET
War Measure Still Short Even
if Prohibition Is
Defeated.
MANY RATES DOUBLED
Theatres, Tobacco, Yachts and
Capital Stock to Pay
Twice Present Levy.
MANY RATES DOUBLED
Spsctal Despafch 10 Tns sus.

Special Despatch TO The sus.
WASHINGTON. Aug. 1.-The Ways and
Means Committee to-day wrote into the
new revenue bill increases in existing
miscellaneous taxes and new taxes ex-
pected to turn a billion dollars more q
year into the Treasury.
This will still leave the bill $780,
100000 short Of the $4,000, 100000 de-
sired and $500, 100000 more short II
the proposed double tax on liquor. beer
and wines Is lost through enactment OF
the wartime prohibition rider on the
food production stimulation bill.
The principal taxes tentatively writ
ten into the bill to-day were:
One per cent. on retail sales OF mail
order houses doing an annual business
Of 100000 or more.
One hundred dollars tax on stock
brokers instead Of the $40 tax now in
force. II a broker IL member Of
stock exchange the tax is $3.50.
One hundred dollars tax on pawn
brokers instead OF $50, as at present.
Fifty dollars tax on ship brokers In
stead OF $40 as at present
Fifty dollars tax on custom house
brokers instead Of $40 as at present.
Taxes on Theatres Doubled.
Places Of amusement seating not
more than $50 shall pay $50 instead OF
s25 as at present: seating between $50
and 500 shall pay 500 instead OF $50
seating between 500 and 500 shall pay
$3.50 insteai OF SIS; seating over 500.
5000 instead of 800. This tax will
include crcuses.
The special tax on capital stock was
increased from soc. for each $1,000 Of
stock\ above the exemption OF $685.
900 to 81.
All of 4he special taxes on tobacco
are to be doubled.
Sales of seats on stock exchanges
are TO he taxed 10 per cent OF their
selling price. Members OF exchanges
are to be taxed 20 per cent Of their
dues.
Taxes on Pullman accommodations
were reduced-the first action of this
| sort takeL by the committee. It was
done because Director McAdoo wished
to equalize the tax on Pullman seats
and berths and railroad fares. As the
latter was but s per cent. the commit
tee thought IL best to reduce the Pull
tax.
| New Tobacco Tax Schedule.
The special taxes on tobacco doubled
by the committee to-day will make them
as follows:
| Tobacco manufa cturers whose sales
do not Exceed $4,000 pounds shall pay
Sc: between 1000 and 100, 900 pounds
Sl2: between 100000 and 100000
pounds. s24: more than 100000 pounds
ls cents per thousand or fraction
thereof.
Cigar makers whose sales do not ex.
coed 10000 cigars shall pay 81; be-
tween $4,000 and 1oO,00 cigars, IS
between 100.OO and 200.000. sl2: be
tween zoo. 600 and 4oo,0 900 s2+; exceed
Thousand cigars.
Yacht taxes were doubled, maklnl
them as follows: Length not more thar
80 feet, 81 for each foot: between 81
and 100 feet. So for each foot; NOR,
than 100 feet. 81 for each foot. Moto
boats OF not more than Ave net ton'
with fixed engines. $40
Luxury Taxes Await Action.
The specia. subcommittee appointed
70 look into the list of luxury taxes sen
BY the Treasury Department to the com
m!ttce made little progress. The com
mittee desired TO be present at the tw'
sessions OF the fun committee, and ha'
little time TO devote to drawing M
revised schedule of so-called luNur,
taxes The full committee usurped tn
powers Of the subcommittee 70 SOM
extent In the imposition OF some OF tn
taxes favored by majority OF the com
mittee.
The present schedule OF stamp take
was considered but was not changed
The original schedule OF the Treasur
Depa rtment experts thought would hr!u
a bout 1000. 0O0, 900. This the commit
tee seriously doubted because some o
the proposed tax rates were too hig
to permit the continuation Of some o
the industries. The subcommittee /
expected to make report by Saturday
with a suggested rate revision.
Want soft Drink Data.
Friction Is developing between IN
committee and the Treasury Department
1t was learned to-day. The committe
has asked the Treasury what scale q
rates on soft drinks would be necessar
to obtain 1850 OOo. 900. Instead of send
; ing this information the Departmer
sent word that that amount OF none
could not be raised through tax. Thi
angered some members Of the commit
tee.
1t Is safe TO say now that there wi
| be no tax on cotton. Southern men
bers OF the committee gained the SUI
port OF members of the committee froi
the grain growing States to-day whe
Representa- ives Moore IPa) propose
a tax OF SO bale on cotton NJ
l Moore explained that at the preser
1 rate of production OF cotton such a Ia
should raise between S2j,000.000 an
$50, 100000.
In the vote which followed On tn
proposal many Republicans did not vot
e and Mr.. Moore was only able TO 8,
cure one favorable vote In addition
Q his own 1t could not he learned VII
!. this member was, Members from graz
!, States, fearful that the example
n placing a tax on cotton would be e,
tended to taxing grain, voted again
I