The Hartford herald. [volume] (Hartford, Ky.) 1875-1926, 1921-08-17
6. 0. P. REWsEs
1878 TAX Law
Manufactures Levy and liz
cense on Soft Drink Ven-
dOrS Are Approved


today by Republican members of the
House Ways and Means Committee
with the adoption Of these addition
al changes:
Repeal of the express and Oil pine
line transportation taxes effective
January 1, 1922.
imposition of a license tax of $40
on venders of soft drinks, effective
on enactment of the bill.
Substitution of a manufacturers
tax OF IL cents gallon on cereal
beverages (near beer) for the pres
ent levy of Is per cent, effective on
enactment of the bill.
Tax On Manufacturers
Imposition of per cent tax on
the full manufacturers selling price
of the following articles if sold by
the manufacturers at levels in ex-
cess of those specified:
Carpets and rugs. $3.50 per square
yard; trunks $50 each; valises.
travelling bags, suitcastb, ,hatboxes
used by travellers and fitted toilet
cases SIS each; purses, pocketbooks,
shopping and hand bags "a each:
portable lighting fixtures, including
lamps of all kinds and shades, SO
each; fans 81 each, and house or
smoking coats or jackets and bath
or .ounging robes, SO each.
These taxes also would become eff
fectiye on enactment of the bill.
Announcing completion of their
work, members of the committee
said they believed the bill as agreed
on would produce the $4,000, ,OOO,-
600 total which Secretary A. w.
Mellon estimated at the White House
tax conference last Tuesday would
BE necessary.
Expect Passage Saturday
The bill as finally drafted by the
committee will be presented to the
House Monday under present plans
of Republican leaders, and will be
passed next Saturday after two days
of general debate and two days con-
sideration of amendments under the
five-minute rule.
From the House it will go to the
Sanata uhora tbo U;,o,ao ro.,..,:.
tee will consider it during the pro-
posed congressional recess with a
view to reporting it to the Senate
when Congress reconvenes. probaly
late in September.
With the removal of the express
and oil pipe line taxes the committee
all of the transportation
taxes. No change was made, how
ever, in the levies on telegraph, tele-
phone, cable and radio messages,
this section of the old law remaining
in force.
Replaces Luxury Levies
The manufacturers tax of 5 per
cent on carpets, trunks and other
articles is designed to replace the
so called luxury levies now in force,
including those on wearing apparel,
but the plan now is to continue
hose taxes, collected and paid to the
Government by the retailers. until |
January 1, despite the fact that the =
manufacturers tax would become ef-
'ecive upon enactment of the bill.
The license tax on vendors of soft !
irinks is a new levy, exclusive of the
manufacturers tax on syrups used
II fountains and on unfermented
beverages, carbonated waters or
averages or other soft drinks sold
n containers.
Besides the changes agreed on to-
lay the bill as it will be presented
Vill contain, members said, these
Repeal of the excess profits tax
~ oh ihfi NdoC III tnt luiOlut ldA Oh
operations from 10 to Is per cent,
nth the $4,000 exemption retained
Elective January l, 1921.
Repeal of the income surtax brack-
is above 32 per cent, effective Jan
ary 1, 1921.
Repeal OF all forms of transporta-
on taxes, effective January 1. 1922.
Exemptions Are Raised
An increase from $4,000 20 $500
the exemption to married men
aving an annual net income OF
5000 or>less. effective January I,
921.
An increase in the exemption TO
eads OF families on account of de-
endents to s40o for each depend
1T. instead of $500 as at present.
fective January 1. 1921. |.
Exemption from tax OF the first