Evening Republican, Volume 18, Number 252, Rensselaer, Jasper County, 24 October 1914 — NEW FEDERAL TAX; AND WHAT IT MEANS [ARTICLE]

NEW FEDERAL TAX; AND WHAT IT MEANS

Reduction of Tariff Responsible For The Revenue Raised Just Passed By Congress. Have you read the new federal tax law? It imposes direct taxes, to be paid to the international revenue collector, of which the following are, exampl®: 1 cent on each telephone m®aage and telegram. 2 cents per SIOO on sale contracts, promissory notes, etc. 5 cents per SIOO on bonds and stocks. 50 cents on each SSOO value of deeds and mortgages. $lO to SIOO on. different kinds of l) US ill 0S& $25 on hank of $25,000 capital, and larger hanks in proportion. $6 to $2,496 on dealers in tobaeeo, cigars and cigarett®. Increase on all beer, win® and liquors. Taxes on nearly everything sold in drug stor® and other articles. WHY THESE NEW TAXES. The revenu® under the new tail® law have fallen short. The deficit has been growing. The only alternative was to impose new taxes, or to restore the old tariff on sugar and other articles put on the free list last year. Your senators and congressmen ehose to impose the new taxes instead of r®toring the old tariff. Unl®s they are re-elected this fall the republicans are likely to repeal this new tax bill, and reenact the old (tariff. You know what the new tariff has done to you farmers, to you and to the country. This new tariff cannot he maintained without collecting these new tax®. If you are satisfied with the tariff and business conditions and in favor of th®e new tax® vote for Senator Shively and the re-election of yoptr congressman. For if Hugh Miller is elected senator and republicans are elected to congress they will vote to change the tariff and repeal th®e taxes.