Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1920-10-11
UNCLE SANS
HUCE1NCQME
Total of Nearly Five
and One Half
Billions
Bulk Of Revenue from Income and
Profits Taxes Big Increase Over
1919 Figurcs-Net Reduction $343,-
100000 in Taxes on Liquors - ln1
crease in Transportation Tax

1919 tigures-Net Reduction $343,-
100000 in Taxes on Liquors - ln3
crease in Transportation Tax
Washington, Ohio, Oct. 10--(By
the Associated Press)-America' S
tax bill for the fiscal year ending
June so amounted to 81, HOS. 01J, 46S.
approximately a billion and i half
dollars moro than was paid into the
/ Federal treasury in the previous I.
months.
Final figures for the year were
contained in the preliminary report
of the commissioner of internal rev.
enue, made public tonight 1t shows
that from income and profits taxes
the government received approx
mately three fourths of all it's reven-
| lie. In these two items there was an
! increase of $1.356. 900 over the fiscal
year of 1919, receipts for the two
years being: 1920, $3,957, 7O1 600;
1919, $1,000, 100000.
| From multifarious sources of
miscellaneous" taxation the levy
produced 81 45O,374 900, an increase
over the previous year of $201 900, =
| 600
In the first full year of the prohi-
! bition era there was net reduction
! of $34:', 600 900 in taxes on distilled
and fermented liquors. the report
! shows. From distilled spirits the
government received S97.9O1 900 in
| the last fiscal year. while the taxes
! from the same sourse in 1919 were
| $3.50. p 600. Taxes on fermented
/ liquors for the last fiscal year agere-
gated S41 .96J. 900 and for the fiscal
year of 1919, Sill. S39.0OO.
The report also shows compare :
tive revenues for the fiscal years of
1909 and 1920. The former date
government derived its principal
revenues from three sourCes-dis-
! titled spirits fermented liquors and
/ tobacco. Taxes produced on the
| three items in 1909 amounted to
! S244211 900. while this revenue in the
I year Just ended was S+:;5. 1lS.O0O. In
! 1909 these taxes constituted 99.1 per
! last year they were only SOC per cent
! Of the total taxes. Although there
was IL big decrease in taxes on liQ
uors between the two years shown
! there was IL correspondent greater
| increase in the revenue from to-
! bacco in all of its forms. In 1908
: the tobacco tax amounted to only
! SOL .SS7 900. while in 1920 it was
! sos, $4,000. the report showed.
/ The transportation tax which had
: been estimated to produce about
! 1918 900 annually reached s@nI,-
sos, 900 for the last fiscal year. This
included taxes on freight, passenger
, express, telephone and telegraph and
transfer of oil by pipe line. Excise
and special taxes including the lux
ury tax brought about $4,000, 00f
! into the treasury. One of the chief
items of this list was the tax on mo-
! tor cars, which netted $144 900, 600
, Taxes on iewelry, cosmetics and other
so-ca He'd "luXuries' produced another
| so6,000,0o0 The special corporation on
! the value of its stock yielded $93,
! 900, 900
Withdrawals from bonded ware
houses of distilled spirits for indus
trial and other non beverage purposes
increased from 100000 TO more Than
IS, 900, 900 gallons from 1919 to 1920, ht
report disclosed. But in withdrawal Is
from bonded warehouses of spirits
which were labelled for beverage use
was decrease from 100000 gallons
in 1919 to 100000 gallons in 1920
/ The 1919 consumption of cigars was
; '.1l0.000.o00 and in the fiscal year OF
1920 ranges slightly above SEQ, 900, 900
! Cigarettes also are being consumed
! in vastly increased amounts The re-
port showed that taxes had been paid
on $3.50. 0C0,000 in 1918: $500. 900 900 in
! 1919, and 30, 400. 000, 900 in tho fiscal veal
ended June 80.
! Commissioner Williams reported the
years expenditures of the Bureau of
: Internal Revenue at s27.7o0.O0O. This
/ INCLUDED an expenditure of s., 100. O0C
for enforcement of prohibition, s465
for enforcement of the Narcotic laws,
and sso.ooo used in enforcing the laws
against child labor. The actual cost
. of tax collection, Mr. Williams csti-
I mated al nifty cents on each 500 col
lectcd, an expenditure of about one
per cent moro than in 1919
! Internal Revenue receipts for T.
months by the New England states
! and New York follow:
'r,,,,,