TAXATION: Furbishing

The Ways and Means Committee continued last week to polish the tax reduction measure which it is preparing for the House when it meets on Dec. 7. Three points chiefly were decided last week:

1) A tax of one mill a gallon is to be placed on the manufacture of near-beer and other cereal beverages. The tax was written into the bill at the request of Assistant Secretary of the Treasury Lincoln C. Andrews, in order to enable him to have constant control and inspection of near-beer breweries to prevent them from selling...

Want the full story?

Subscribe Now


Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!