Jasper County Democrat, Volume 21, Number 60, Rensselaer, Jasper County, 26 October 1918 — DECIDE ON INHERITANCE TAX [ARTICLE]

DECIDE ON INHERITANCE TAX

Senate Finance Committee Makes Changes in the House Revenue Bill. Washington, Oct. 25.—1 n lieu of the taxes on estates proposed In the house war revenue bill, the senate finance committee in its revision adopted a plan of taxing inheritances of SIO,OOO and more, at rates to be fixed later. The committee also decided to” reduce to $2.20 per gallon the tax on distilled spirits used for industrial medicinal and other nonbeverage purposes.