Pullman herald. [volume] (Pullman, W.T. [Wash.]) 1888-1989, 1922-01-27
SMALL FAVORS ARE
GRATEFULLY RECEIVED

Changes in federal taxes voted by
congress last month came into full
force with the beginning of the year.
Here's how they will affect you:
When you ride on a railroad train
or an inland or coastwise steamer
you no longer will have to pay the
government eight per cent of the
amount of your fare and eight per
cent of the cost of your seat, berth
or stateroom.
When you ship freight you will not
be assessed an extra three per cent
of the cost Likewise you can send
packages by express or parcels post
without having to give up war
tax
When you visit the corner drug
store for bottle of proprietary medi-
cine, tube of tooth paste toilet
preparation or the like you will es-
cape the vexatious stamp taxes
/ When you go to a soda fountain
you no longer will find Uncle Sam
holding out his hand for a penny on
each ten cents or fraction that you
! pay the clerk for a drink or a plate
of ice cream.
If you want to sport pair of shoes
costing more than $40 or shirt
casting 1Onrp Than GO wa, will rot
have to lay out tax. These and all
of the other so-called luxury taxes
on clothing, as well as those on UNI
brellas, parasols, sun shades, picture
frames, trunks, valises, pocketbooks,
etc, go into the discard.
If you live in a place that still can
boast of ten cent movie show or
other place of amusement you will
not be assessed a penny tax. If the
charge exceeds ten cents, however,
you will continue to pay a war levy
at the present rates of a cent for
each ten cents or fraction
All heads of families with depend.
ents will get a slight reduction in
their income tax during the new year,
the extent being SO for each depend
ent as result of the increase from
5000 to $500 in the exemption on
account of dependents.
If you are married and your net
income in 1921 was $4,000 or less,
however, you will get still further
reduction in taxes as the normal ex-
emption for married men in this class
has been increased from $4,000 to
$500. Single men are given no
additional exemption and can deduct
only $1,000 from their net income.
Whether you are single or married
If you made a gain from the sale of
capital assets, such as a building or
stocks or bonds, you can pay the tax
on this gain at the corporation In
come rate of 1215 per cent, instead
of at the surtax rate if you so elect.
If your income is such as to put
/ you in the surtaX paying class you
will pay in 1922 at the old war rates,
but in 1923 you will pay at the new
rates, which are effective now, and
which provide for some reduction all
along the line with the maximum
at so per cent on 100000 instead
of IS per cent on $1,00O,000 or more.
Stamp taxes retained are those i'm
posed upon bonds of Indebtedness;
capital stock issues; capital stock,
sales or transfer; produce, sales of
exchanges, drafts or checks payable
otherwise than on sight or demand)
promissory notes. conveyances entry
of goods at the custom house; entry
for withdrawal of goods from the
customs house; passage tickets, pow
ers of attorney; playing cards and
foreign insurance policies.
Taxes imposed under existing law
which will be retained are: Those
on telegraph, telephone, cable and
radio messages; tobacco, cigars, CT
garettes and snuff, automobile
trucks and wagons, etc.