Senate panel trims tax bill by 190 million
Washington December reports the Senate Finance Committee reduced the House tax bill by 190 million, lowering expected yield from 2.14 billion to about 1.95 billion. The panel cut 112 million in excise taxes and 78 million in revenue in afternoon sessions, while approving 92 million in postal increases despite delaying third class rate hikes.
MENTIONED IN THIS ARTICLE
Washington
Dec
Senate Finance Committee
House
Treasury
Walker
Department
Senate committee revenue bill provisions target clubs and consumer taxes
Senate committee approved major excise tax changes lowering some House rates and raising others. Local first class mail would move from two to three cents per ounce, air mail from six to eight cents, with higher fees for money orders and registered insured C O D mail. House rates remained in several categories including whiskey beer light bulbs and bowling.
MENTIONED IN THIS ARTICLE
Senate
C.O.D
House
War time cent tax on international telegraph moves
A cent tax on international telegraph radio and cable charges was approved by both the House and Senate committees with all increases to be canceled six months after the end of the war.
MENTIONED IN THIS ARTICLE
House
Senate
Wool Production In United States Reaches Wool Output
The mountains plains and farms of the United States have 50,000,000 sheep producing about 450,000,000 pounds of wool annually.
MENTIONED IN THIS ARTICLE
United States
Also Mentioned on This Page
Senate Committee
SEARS
Patrick ST
Redback
Nd Co
A&p
A&p Coffee
Rach
North Market ST
Ksa Iw
West Patrigk ST
Barnards
Rift
ACE Tp & Ountain Gift Hean
Ramsdor Heathe
Cologne
Ray
Feenamint
Thompson
Irmaco
Squibb
FORD
Druid Hill
U. S
U. 8
John Middleton
Old Mariner
Heonus
CorFee Lane
A&p Super
Blue Jay
Bunions
Sterno
Tuckaway Pipe—Pipe Cleaners
MLR
Vision
Rf AL
Carlton
Jes AX
Johnson & Johnson
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