Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1921-09-15
INHERITANCE TAX |
UP TO SENATORS.
But Few of New Sections OF
House Bill Yet to Be
Acted Upon
TO END WORK TOMORROW

Washington, Sept. 15.--Only q few
of the new sections of the House ta,
bill remained to be acted upon wher
the Senate Finance Committee resume,
today revision Of the measure. Th'
inheritance tax provision was the prin
cipal one left. but the committee alst
was to pass finally on Treasury plar
to effect the per cent reduction in thu
| income surtax brackets up to the pro
posed maximum Of 80 per cent, so al
| to give some relief to individuals hav-
ing incomes Of sos, 900 or less.
The question Of imposing the, manu-
| facturers' tax on some Of the articles
to which the so called retail sale lux
ury taxes now apply also was open
! In addition there remained a final de-
cision on a number Of legislative fea
lures of the House bill.
Having passed on the excise sec
ton Of the measure yesterday, the com
mittee expected to wind up its work
tomorrow, so as to give the experts
three working days in which to put the
measure in shape for presentation ia
the Senate Wednesday. -
Senator Smoot, Of Utah reponed the
drive for adoption of the principle of
the sales tax. After representative
manufacturers from all parts Of the
country indorsed the principles of n
sales tax at an informal hearing given
BY members Of the committee he served
notice he would offer his Sales Tax Bill
as a substitute for the measure under
consideration frst in the committee and
subsequently on the floor Of the Sem
ate.
The committee yesterday agreed to
cut in two the Transportation Tax
on passengers and freight, effective
January /, 1922: to repeal those taxes
and to retain the taxes on oil pipe lines
and express.
Other decisions follow:
Approved taxes proposed by the
House on cereal beverages and soda
water.
Restored skates, snowshoes, skis. to-
boggan and baseball, football and bas-
ketball equipment to the list of snort
ing goods taxable at 5 per cent and
under the present law taxable at 10
per cent.
Restored toilet waters, soaps and
similar articles to the list of such arti-
cles taxable at per cent. The House
proposed exempting them from taxa
ton.
Approved House amendment provid-
ing manufacturers safes TAX De levied
on retail and not wholesale selling
price.
Restored tax on art to 10 per cent.
as at present. House proposed reduc-
ton of this tax to 5 per cent.
Approved elimination of so-called
luxury taxes.
Approved exemption of spectacles
mounted in precious metals from 8 per
cent.
Reduced tax on chewing gum from 3
per cent, as at present, and as proposed
by the House, to 2 per cent.
Approved 10 per cent tax on camera
lenses.
Approved per cent tax on electric
fans.
Approved reduction Of tax on candy
from 8 to 3 per cent, as proposed BY
the House, with proviso that candy
selling for more than forty cents a
pound should be taxed 10 per cent.
Restored tax on furs to 10 per cent.
House proposed to reduce it to per
cent.
Restored tax on yachts and motor
boats to 10 per cent, as at present, but
agreed to amendment exempting boats
less than five tons and thirty two
feet.
Placed per cent manufacturers tax
on perfumes and cosmetics, and per
cent tax on patent medicines eliminated
by the House.