The Chesterfield advertiser. [volume] (Chesterfield C.H., S.C.) 1884-1978, 1922-03-02
IN THE GENERAL ASSEMBLY

@hS 1ShShoh <ASoCthDiy mas dlTeaUy
! been in session longer time than the
Constitutional forty days and it will
be ten days or two weeks yet before
, they adjourn. But both branches of
the Legislature usually adjourns from
Friday until Tuesday of each week.
The two cents a gallon tax on gaso-
line went into effect yesterday (Wed-
nesday). For every GALLON of gasoline
sold in South Carolina two cents is
levied. One cent goes to support the
state government, the other cent is
kept in the county where it is collected
and goes to the road fund. 1t is esti-
mated that this tax will bring in
three-quarters of million dollars a
year.
The Inheritance tax bill is now on
the statute books as law of this
state. This provides for tax on
man or woman's estate when they
die, with an exemption for ell estates
under ten thousand dollars.
The General Assembly has also in
creased the license tax on all corpor-
ations engaged in business in this
state. A law also has been passed
causing all motion picture houses to
be licensed. The tax is graduated ac-
cording to size of towns or cities, with
a minimum of thirty dollars.
The House has passed an income
tax bill, levying a fifty per cent. tax
OF the amounts that individuals pay
to the federal government; the SEN
ate has reduced this amount to twen-
ty-five per cent. 1t is claimed by many
that an income tax is the fairest tax
in the world, as only those who make
money have to pay anything. There
are exemptions of $1,000. 90 for single
people and $2,5OO.O0 for married
ones.
The House has passed a tax on GER
tain luxuries but it is believed that
the Senate will kill this bill.
The appropriation bill, setting forth
the amounts that each department of
the state government will have to
spend this year, has passed the House
and is now in the Senate. About the
only reduction the House made was
cutting down the amounts appropriat-
ed last year for the rural schools. All
agree that taxes should be reduced if
it is possible and that all appropria-
tions should be reduced where ever
possible, but it is hard to see why
other appropriations Should remain
the same and the amount appropriat-
ed for the rural schools be reduced.
Yet the House of Representatives has
done this. At the same time the House
appropriated $15,OOO.OO Cor the i'm
provement of the negro schools.
The Legislature passed an Act sew
eral years ago guaranteeing the local
rural school that levied an eight mill
local tax for the state would furnish
whatever money was necessary to
run that school seven months. Yet the
House of Representatives refuses to
appropriate the necessary money.
Governor Cooper appealed to the
House in favor of the rural schools
but was defeated.
Governor Cooper has vetoed the
tax extension program-the bill ex-
tending the time for payment of taxes
until Sptember 1st, with 8 per cent.
penalty for March, per cent. penal
ty for April and May and per cent.
after June 1st. The Governor SAYS
to extend the time for payment of
taxes after April will affect the state
finances and many believe will cause
the schools to close. The Senate, how
ever, passed the bill over the Cover
nor's vetoe. The House has not voted
on this veto vet.