Decorah public opinion. (Decorah, Winneshiek County [Iowa]) 1895-1928, 1919-02-12
1919 TAX BUDGET
MADs PUBLIC
The United States Wa 'aise Six
Billion Dollars This AS. and
Four Billion i'm 1. e
NEW TAX MAY q.
ON SALES ICE @. VI
Amusement Admission Taxes Effect
i've April 1 Were Increased Only
in q Few Instances

Washington, ID. e., Feb. o.
With the submission to congress
Thursday of the conferees' agree
ment on the long delayed war reye-
lue bill, the American people were
pre- ented with their prospective fed
eral tax budget for 1919 and en-
suing yea something over S6,-
000,000,0s0 this year and $4,000
100000 the year after, though sub
ject to the revision of future rates
expected to be undertaken by the
next congress.
Except for slightly increased war
excess profits rates for 1919 and
corporations income tax rates for
1920, virtually all the rates in the
5ill passed by the senate are approv-
ed by the conferees and remain in
the final conference draft.
Rates Of the senate on transpor-
tation, beverages, cigars and tobac-
co, amusement admissions. club
dues. luxuries and semiluxuries.
stamp land special taxes, all SUBJ
stantially were adopted by the con-
ference, while the house rates on
estates and insurance were rein
stated.
The Income Tax.
The II per cent normal rate on
individual incomes earned last year
and the per cent rate payable in
1920 are retained with individual
exemptions of 81 700 for single and
$4,000 for married persons and an
additional exemption of $500 for
each dependent minor. r.
The senate individual surtaxes,
ranging from 1 per cent on incomes
between $1,000 and $4,000 to IS
per cent on more than 100000
also were approved.
OF the important general legisla-
tion and riders" the conferees
adopted the following provisions:
Levying a prohibitory tax on pro-
ducts of child labor.
Restoring prewar postage rates
fon letters and postcards July next.
Providing a pay bonus of $50 for
all persons in the military estab-
lishment.
Increasing from s25 to 1000 the
the tax on those dealing in intoxi-
cants.
For taxation of salaries of feder-
al officials.
Among important senate or house
provisions stricken from the bill
were:
Proposed repeal Of the publishers
.second-class postage zone rates anu
proposed substitution of decreased
charges.
Tha Thomas amendment, which
proposed 100 per cent taxes on
political campaign contributions In
excess of $500.
House amendments for federal
license tax on use OF motor vehicles
The so-called business license
of $10 on business and professional
men earning $4,000 or more.
The house tax of 2 cents gallon
on gasolene.
Ldouse amendments to tax state
and municipal bonds and other Sc
curities.
The provision for taxes on trans
portation and other public facilities
effective April 1, largely follows the
existing law.
In making the passenger trans
portation taxes, the conferees adopt
ed a senate amendment to exempt
communication trips of less than thirty
miles or fare paid under AZ cents.
Beverage Taxes.
Beverages taxes, contingent or
prohibition as adopted, are:
Distilled spirits for nonbeveragt
purposes, $2.2O per proof gallon
the present rate; cereal beverages
or near beer" Is cent on sales, q
new, tax; grape juice, ginger ale
root beer, pop, artificial mineral ano
carbonated waters and beverages
and similar soft drinks.
A new tax effective May l next Is
/ cent on each 10 cents of retailers
sales of ice cream, soda water, sun
daes and similar confections ol
drinks, TO be paid by consumers.
Cigar rates fixed by the conferee'
range from $3.50 per 1000, instead
of 81 per 1000 to SIS per hoo'
on cigars sold in excess of 20 cents
each.
Cigarettes are taxed sS per i'ooV