Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1918-08-10
NEW BILL CREATES
ADVISORY BOARD
Five Members Will Comprise 1t.
and Will Receive $4,000
a Year.
LUXURY TAXES CONSIDERED
Committee Decline to Impose
Fee on Personal Servants
at This Time.
LUXURY TAXES CONSIDERED

/ WASHINGTON, Angus, IT,. oro
ALTON Of an advisory tax board Of :;vo
members. each with an annual s.I,r
OF $4,000. was authorized b. tho WAY.
anG Means Committee to-day I'm = ncv
section of the revenue bill The nm
hers may all be of cue political n,r,y
and are to be appointed By the prc,i
/ dent. with tho consent oc the Sn,a.c
They are TO serve during the war onI
one yoar thereafter
The function OF the tax board vii; bo
10 advise the Commissions. o. Jn.croa,
fcEcfuc on al matters relating TO tho
Interpretation and administration OF
Inc ta% laws Ca"es whici, are in dis
pute MI! be referred TO the board anl
investigated: reports will then h. made
10 tn" commissioner for ;inal aijuii-
cation.
The committee also decided II in
crease the salary of Internal Revenue
commissioner Roper from ss.oao to
$4,000 a year.
The rev Hoard will replacc tha vol
untecr board. which is now assisting
Commissioner Eopcr At purely nominal
salaries Several OF those now on
gagged in the work are said to receive
salaries Of from $4,000 10 $1,000 in
their private business. and for this
reason the cortnittcc did not believe
that the salary Of $1,000 would he too
high for the government to pav for
doing The work.
LUXURY taxes were considered by the
committee during the afternoon s4s-
sion and the recommendations made
by tn: subcommittee wcro tentatively
adopted. Thcs. include a tax of 20 pcr
cent on jcwelry and 90 per cent on
articles Of clothing above certain 9Ned
values The recommendations uf the
subcommittee are far hclow the sug.
gestions m1de by the Treasury in its
luxury list" For instance, tho Treas
ury asked for a 30 per cent tax on
jewelrE sales. but the committee de-
cided that 10 pev sent was enough.
The entire committee has not a, yet
definitely passed on this rate.
-,Thc subcommittee took the articles
on tn. Treasury list and divided them
into luxurieS and ser1 r1iluXuries. In the
former class it placed jewelry. tapes
tries. bronzcs. furs OF n certain type
and number of other articles not
strictly essential or in common use.
on all of these II was decided 10 place
10 per cert tax. which IL To be paid
hy tho r9anufacturers.
ARTICLES or CLOTHING
INCItDED IN THE LIST
On all articles in the other class the
tax is 10 be % per cent. to he collected
on retail sales. The articles IN this
class include mems suits costing more
than $50. women's suits costing mort
than SEQ, womens dresses costing ever
$50 ?nd mems ovcrcnats costing mNrc
than $50. The limit on c-avatS Is
placed At S: each and al above tha;
figure are TO bear the 20 per cent
tax. Mems shoes above IS and wcrr
ems shoes above $40 are to be similar
" taxed.
Uniforms and other articles Of aD-
parel OF army and navy officers are 40
be exempt from the :ax.
The subcommittee declined TO impose
u tax or personal servants, Gug-
gested by the Treasury Dcpartm mt. as
IT was felt such a tax would be m
constitutional.
The committee decided TO increase
the tax on the capital stock If al
corporations from 30 cents on each
$1,000 of stock to 81. without ahy OK
tmntions. 1t is estimated this change
will produce s55.oo3.OH0 in revenue.
which is 3o.ooo.60o more thrr the
present rate yields.