Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1919-04-30
NE VI REVENUE LAW
TAXING LUXURIES
EFFECTIVE MAY |
Merchants Required to Add 10
Percent to Cost Price of Ger
tain Articles and Collect
When Sale Is Made,

| The luxury tax provided for in the
! revenue bill passed during the closing
| hours of the last session of congress
becomes effective May /. and as a
consequence local merchants who
handle these lines of goods on which
the tax must be paid are getting ready
to become revenue collectors for Uncle
Sam. They would have preferred to
have had the tax added to the cost of
the goods and collected at the factory,
and may succeed in doing so when
congress meets, But until the law is
amended so as to permit this to be
done, each merchant must see that the
revenue IS collected on each article
he sells, if it comes within the scope
of the law.
The collecting and remittance of
the tax will add quite a little extra
work for the clerks The government
has provided blanks, one of which
must be filled out properly whenever
an article is sold on which the reve-
nue. tax is paid. For instance. # you
go into a clothing store and buy hat
the salesman must fill out a hat"
blank. If you purchase suit of
clothes a Clothes blank must be
filled out, and so on through the list.
Each pad of blanks is plainly labeled
II
and its use must be confined to that
line alone. In addition to keeping a
correct record of all sales made on
which revenue tax was collected
other elaborate reports are required
by the government so that proper
records may be kept of all transact
lions.
The law provides for the collection
of tax of 10 per cent of the amount
paid in excess of certain stipulated
prices. For instance, there is tax
on all mems and boys hats costing in
excess of 50. If you buy hat for 81
you would pay revenue tax on 81,
amounting to 20 cents. making the
total cost of the hat $500.
The merchants have decided that
the revenue tax will have to be paid
In cash at the time the purchase is
made, even though the rest of the ac-
count is charged. Uncle Sam wants
his money at specified time. and to
handle the revenue tax on credit
would often result in the merchants
having to advance the amount when
settling with the government.
A synopsis of the taxable articles
follows:
Carpets and rugs including fiber,
except imported and American rugs
made principally of wood, on the
amount in excess of IS per square
yard.
Picture frames on the amount in
excess of $40 each.
Trunks, on the amount in excess of
$50 each.
Nalises, travelling bags. suit cases,
hat boxes used by travellers. and fitted
toilet cases, on the amount in excess
of s25 each.
Purses, pocketbooks, shopping and
hand bags, on the amount in excess of
$3.50 each.
Portable lighting fixtures, including
lamps of all kinds and lamp shades,
on the amount in excess of $25 each.
Umbrellas, parasols and sun shades,
on the amount in excess of 81 each.
Fans, on the amount in excess of
81 each.
House or smoking coats or Jackets,
and bath or lounging robs. on the
amount in excess of $3.50 each.
Mems waistcoats. sold separately
from suits, on the amount in excess of
IS each.
Women's and misses hats, bonnets
and hoods. on the amount in excess of
SIS each.
Mems and boys hats, on the amount
in excess of 81 each.
Mems and boys caps, on the amount
in excess of 50 each.
Mems, womens, misses and boys
boots, shoes, pumps and slippers. not
including shoes or appliances made to
order for any person having crippled
or deformed foot or ankle, on the |
amount in excess of $40 per pair.
Mems and boys neckties and neck |
wear, on the amount in excess of 50 |
each.
Mems and boys silk stockings or
hose, on the amount in excess of 81 |
per pair
Women's and misses silk stockings |
or hose. on the amount in excess of |
50 per pair.
Mems shirts, on the amount in ex-
cess of SO each.
Mems, women's, misses and boys |
night gowns and underwear, |
on the amount in excess of IS each; |
and kimonos, petticoats and waists, |
on the amount in excess of SIS each. |
The foregoing may not be a com
plete list of all the articles which are |
taxable under the law. but 1t includes |
the more important items in the way |
of wearing apparel and gives an idea
of what is taxable.
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