The Wilmington morning star., 1940-06-30
Re-ArmQmentF Fund Taxes
Become Effective Monday

Wilmington consumers - along
with the rest of the nation-will be-
gin Monday paying taxes for the
fve-year, five billion-dollar rearm.
ament fund.
In several instances, they will
pay more than during the World
War.
Excise, commodity and service
taxes will advance by from 10 to
so per cent on various items from
present rates.
Luxury Taxes
An additional 81 per barrel or
beer will add a third Of a cent pei
bottle; an extra IS cents per gallon
on liquor will add 10 cents per
quart; and Is cents more on each
1000 cigarettes will add half a cent
to each standard package of 20.
The gasoline tam will jump from
1 to l 10 cents; radios, from 5 to
5 IL per cent of their value; pas
senger cars, from 3 to 8 IL per
cent; and so on for 30-odd other
items.
Amusement admission taxes will
begin at 81 cents, instead of Al.
The scale of l cent for each 10
cents of admission price will con.
tinue. A total of 1900, 900 new in
come taxpayers will join the D.
900, 900 to whom the government
already sends please remit no
tees every March Is.
They will be made subject tc
tax on their 1910 incomes as a re.
suit of lowering the personal ex.
emptions of married persons from
ST. 500 to So, 900 and of single per
sons from $1,000 to $500.
In addition. a 'super-tax" of 1C
per cent of the normal income is
imposed.
Raymond D. Christman, U. S.
deputy collector Of internal reve'
nue. here. said that pursuant to re-
vised information, the floor stock
tax does not apply on retail stocks
of beer on hand at the close OF
business June 30. 1t was errone'
ously announced by Christman
that this tax did apply in Saturday
mornings Star.
The tax does apply to wholesale
stocks, however, he said yester'
day.
George w. Bailey. operator OF
Wilmington's motion pictures hous-
express the opinion the
atre-goers will gladly pay the g.
cent tax on 25-cent tickets and f.
cent tax on 35-cent admissions.
The tax applies likewise to passes
and complimentary tickets.
Pay As We Go
Bailey said of the tax as a whole,
I'VE are simply paying as we go
for something that we apparently
agree is vitality necessary, a d
isn't that the soundest financial
plan for any undertaking."
Christman, the deputy collector,
issued the following statement in
regard to the new taxes:
1.-The new federal defense tax
law which becomes effective July
l provides a wide area of increases
in such taxes, some of which fol-
low:
Admission tax: The tax begins
with admissions to theatres, cab
arets, ball games etc., Of 81 cents,
and the rate is one cent on each
ten-cent admission paid or a frac-
tional part thereof. That means, if
such admission is Is cents, the de-
tense tax will be 3 cents and if the
admission amounts to 30 cents, the
tax will be the same 3 cents, and
SO on.
cigarettes: The new defense
tax rate on small cigarettes will
move upward to one-half cent the
package of 20 cigarettes and "ev-
cry person" holding a stock of Gig
arettes, either for retail or whole
sale distribution will be expected
to prepare an inventory of such
stock at the close of business June
80, for the purpose of paying floor
stock tax on such inventory during
the month of July 1910.
Liquors, wines and beer: The
new defense tax rate on these COM
modities move upward rs cents per
proof gallon and likewise an in
ventory of any stock on hand for
wholesale will be required at the
close of business on June 30 and
report covering the tax differential
to be made during July 1910.
privilege license, beer, wine
and liquor: The new rate for beer
dealers beginning July l, will be
$22 for a retailer, whereas the old
rate was $40. The new rate for
wholesalers will be $55 instead OF
$50. Liquor and wine dealers who
have paid $25 as retailers will, I'm.
der the new rate pay $27.50 and
the wholesalers will pay $110 in.
stead of 500. It therefore follows
that those who have already ap-
nI:.I g.. 49, -a:I -, ,1x,.~~- 4I1:~