Saturday, December 7, 1918

From the day

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The Headlines

REVENUE BILL IN; REVISED TOTAL IS $5,953,466,000; Republicans Threaten to Defeat It Unless Majority Drop 1920 Tax Plan. SENATE DEBATE TUESDAY New Measure, if Passed, Will Impose Tax Exceeding $59 Per Head of Population. OLD LAW IN EMERGENCY Would Be Enacted with Proviso Putting 80 Per Cent. Tax on War Profits. Simmons's Alternative Plan. VITAL PROVISIONS OF SENATE REVENUE BILL ON INCOME AND EXCESS PROFITS TAXES PROVISIONS OF THE BILL. Text of Vital Clauses on Income and Excess Profits Taxes. Surtax on Individual Incomes. Net Income Defined. Gross Income Defined. Deductions Allowed. Personal Service Corporations. Profits Taxable to Stockholders. Payment of Tax at Source. Credit for Taxes. Tax on Corporations. Conditional and Other Exemptions. Net and Gross Incomes Defined. Deductions Allowed. Items Not Deductible. Payment of Tax at Source. Life Insurance Companies. Excess Profits Tax. Net Income.

Best-selling Sheet Music

Till We Meet Again

Richard A. Whiting

The must-have

Lincoln Logs

Slang

Tech Check

Superheterodyne Radio Receiver, Enigma Machine (Early Version) & Hydraulic Brakes.

Cost of Living (1910)