The Bemidji daily pioneer. [volume] (Bemidji, Minn.) 1904-1971, 1919-02-06
BY u. c. Martin.
Iinitaa Press CORRESPONDENT.


Washington, Feb. 6.The confSrs
ence report on America g 1000, ,00O,.
900 revenue bill, the greatest in the
nations history, was presented TO the
house of congress- today by Chairman
Kjtehen Of the way and means conl-
mlttee. 8,.ss V4 ~
In addition to the raising OF six
billions of dollars In taxes, the bill
gives. every soldier, sailor and marine
and all women nurses In the Aiilarl-
can forces bonus of $50 upon dis
charge This means an approprtar
tion Of more than $4,000 90, ,000.3
Following are some OF the chief
provisions of the bill: ;%53
Individual Income Tax.
The normal income tax Ior 191S 5
Is six. per cent on incomes UP to $4.-
900 and twelve per cent. on higher
incomes. After 1918, the normal is
four per cent on incomes up to. ~
900 and eight per cent on those over
$4,000. The present normal is four
per cent.
Exemptions Of $1,000 for single
person and $4,000 for a married one,
with $500 additional for each de-
pendent under 1S,s remain as at pres
ent ~ " ~ AZ sssa 7 !
The income sur-taxes begin at one
per cent on incomes of SIS, 900 to- $6,-
900 and run to 65 per. cent onH In
comes over 81 100000. a.
Present sur-tax rates are loWerss0n
the middle and higher incomes, the
highest rate in the present law being
so per cent on; incomes OF more than
$1,000, ,000.3 '3s
Partnerships and personal service
corporations pay the tar :as indiyi7-
duals, not as corporations. =. .%%,f.
The corporation income tax Tor
1913 is twelve per cent and t1ere-
after ten per cent. The present. rate
Is six per cent. H. u 49,,
Special provision Is made. for cor
porations owning oil or gas wells or
mines Because of the hazards. and
the rapid depletion a special deduc-
ti6n for, depletion and improvements
Is allowed. It; Is based on the fair
market value in the taxable year.
The bill allows income taxes to be
paid In one or four installnle1ts as
the taxpayer chooses The first In
stallment is due when the return Is
flied, the second In three m0nthsy the
third In. SIX and the last In nine
months. .s $S'-E f.f A., s@'l& @-a
! War and Excess Profit"
"a Provision is made for botn War
and excess profits taxes In the fiscal
year, but after that the war prints
taxes comes off except in certain
specified cases where war contracts
run over In later years. y
s.s.s Beverages are Taxed. ].
On distilled spirits, s6.40 a gallon
instead Of the IS rate adopted by the
house. II in bond 1920 instead fof
.s4.40 house rate. Perfumes con-
taining distilled spirits, $1.10
wine.-gallon instead OF $3.50
in the house bill. q, tax OF thirty cents
gallon Is put, on rectifed spirits, or
wines and fifteen cents. D gallon
floor tax. '.-
Including vermuth containing less
than IA per cent alchohol, 16 cents q
gallon; IA to 81 per cent alcnonoi
40 cents; Fl to "a per cent alcnohoi
81.
a wines OF UTaHUy EWi1uuto" - 80
fortifying, 81 gallon. -
Champagne, IL cents half pint:
Cereal beverages (near beers. 70
per cent of the selling price. Ihe
house tax is go per cent. Soft drink
10 per cent of the selling price, house
rate was 20 per cent. Mineraf ano
table waters, per cent OF the SAFE
price. .....u ,.
May /, 1919, a tax Of one cent "a
levied on each 10 cents charged foi
ice cream, ice cream sodas, sundaes
and similar refreshment II eaten
where sold. So
Tobacco and Cigars.
Cigars weighing not more than
three pounds per thousand, $L5O pei
thousand, (house rate $2); more
than three pounds and retailing toi
S cents, 81 per thousand; selling
from 5 to 8 cents Sc; eight TO II
cents 50. fifteen to twenty cents
s12: over twenty cents s. 15. ~.
Cigarettes; not over 3 pounds PEI
thousand So; over 8 pounds 10
Tobacco and snuff is cents pc
pound. Cfgaretts papers in books Q
25 to so, one half cent; 30 TO ASo
one cent; over 100, one half cent 10
each fifty: tubes, cent on each hfty