Wauwatosa news. [volume] (Wauwatosa, Wis.) 1900-1948, 1919-02-28
WILSON SIGNS
WAR TAX BILL
President Affixes Signature to Six
Billion Measure While
on Train.
CAPITAL KOW BONE DRY"
Rider Attached to Measure Prohibits
Liquor in District Of Columbia
People VIII Have TO Pay
81 ,2oo,ooo.ooo Year.

Washington. Feb. 2T.--President
Wilson arrived In Washington ut five
o'clock in the morning from Boston,
where he landed Monday from the
transport George Washington. Be
cause Of the early hour he aud Mrs.
Wilson remained ON their special train
until $40. when they drove to the
White House.
Passing through the station with 2
brisk step, Mr.. Wilson found cheer
ing early morning crowd of travellers
awaiting him. He acknowledged the
applause by lifting his hat and smil-
ing. Many scores Of soldiers in the
crowd stood r.gidly al attention as
the commander in chief passed by.
/, Announcement was made on the ar-
rival of the presidential party In WASH
ington that the president had signed
the S6.000.000000 war revenue bill
The bill was signed aboard the special
train Monday night before the presi:
dent retired. This measure carries q
rider making the District of Column
bia bone dry.
Higher taxes provided in the now
bin go into effect at once on liquor
and soft drinks, including near beer,
grape juice, soda water and mineral
waters. and on tobacco and sO-callets
luxurles. Anticipating the imposition
of new taxes. thousands of gallons OF
whisky have been withdrawn from gov.
ernment warehouses within the last
week, with tax paid vt the old rate OF
$500 gallon to escape the hig'aers
rate cf SO. ~ gallon now effective.
Articles in the luxury" class on
Wiioh new taxes 60 into effect today
include automobiles and motor acces-
sories. pianos. sporting goods. chewing
gum. cameras. candy. firearms, slot ma
chimes. toilet soaps and art goods. The
tax is paid by the manufacturer.
Other features of the tax bill which
went into legal effect Tuesday, but
which are retroactive and which con
sequently are bot practically affected
by The time Of The signing of the bill.
include the following:
Taxes ON incomes, excess profits
anu war profits: estates and inherit
ances: and excise taxes on a number
of stecidi businesses such as brokers',
bowling alleys. insurance companies
theater and amusement place pgopTi-
etors, and liquor dealers.
ON April new taxes on railroads
and steamship tickets pipe lines. in
surance, theater admissions and club
dues and a variety of stamp taxes be-
come effective. Levies against the ex-
cess of value of so-called semiluxuries.
such rs articles of dress, viii be made
after May l. The soda fountain tax
becomes effective May l. Taxes on
products of child labor will be i'm
posed In 60 days,
Without awaiting signature of the
bill by the president the internal rev
enue bureau las gone ahead p-epar-
ing to administer the law Tax re-
turn forms and regulations are being
issued and income and profit tax re-
turns must be filed by March 15
It viii cost the American people
about 81 ,200. 100000 year for the next
% years to pay off the war debt, ac-
cording to estimates of the treasury,
based on incomplete knowledge Of pre-
cisely what the final war debt will be.
This calculation is made in the as
sumption that the net war debt. with
deductions for loans to the allies, viii
be in the neighborhood of $1S,000000-
900. Interest on this am0unr M tn
rate Of Az per cent would be $765.O00-
900 a year. to be raised by taxes
and then repaid to bondholders. In ad-
dition about s417,000.OOO would hav,
TO be provided every year as c sinking
fund to redeem all bonds in % years