view raw text
NO WAR TAX ON PARI-MUTUELS. Ways and Means Committee Decides that Adoption of Ten Per Cent Fee Is Inadvisable. Washington. I. C. April 2K. — A decision was reached by the investigating committee appointed by the House Ways and Means Committee, that it would be inadvisable to adopt the proposed tax of tea ] en rent on all pari-mutuel wagers as a war measure. The committee was appointed after the question had been brought lip of the wisdom of levying such a tax for war purposes. It was but a part of the program which had been outlined by Secretary of the Treasury McAdoo for added taxes, which are expected to yield more than ,800,000 annually.