Post by Bruce on Jul 17, 2014 0:47:22 GMT -5
In the House of Representatives of the United States of America, Mr. Terrus, for himself, offers: A Bill To repair major errors made in the reporting of the Revenue Act, and to establish an alcohol excise tax. BE IT ENACTED by the House of Representatives and Senate of the United States of America in Congress assembled that:
Section 1. Corrections.
(a) Duplicates -- Title 5, Chapter 2, United States Code, is amended such that the second Section 6 and second Section 7 are removed.
(b) Section Removed by Amendment -- 5 USC 6(c) is stricken.
(c) Section Altered by Amendment -- 5 USC 6(b) is amended to read as follows: "There shall be imposed a tax of 15% ad valorum on the importation of gunpowder, firearms, alcohol of any kind, salt, tobacco, dyes, dried and pickled fish, and manufactured goods not otherwise specified."
(d) Clerical --
(1) Title 5, USC, Sections 6 and 7 are renumbered Sections 21 and 22.
(2) The Sections of Chapter 3 of Title 5, USC, shall be renumbered 31, 32, and 33.
(3) The Sections of Chapter 4 of Title 5, USC, shall be renumbered 41 and 42.
Section 2. Alcohol Tax.
(a) In General -- There is inserted in Chapter 2 of Title V, United States Code, a Section, Section 23, to read as follows:
"Section 23. Alcohol Tax.
(a) Domestic -- There is imposed upon the production of alcohol of any kind a tax of 25% ad valorum.
(b) Import -- There is imposed upon the importation of alcohol of any kind a tax of 25% ad valorum."
(b) Clerical -- 5 USC 21(b) is amended such that "alcohol of any kind" is removed.
((Plain English Summary:
Section 1 amends the Revenue Act of 1789 to make all of the amendments actually made by the House (several of which Hughes missed), and to remove the duplicate nature of the bill (not sure how that happened).
Section 2 establishes a 25% excise tax on alcohol of any kind. The bill targets alcohol of every kind, thus equally targeting Easterners that drink beer and Westerners that drink whiskey, and the percentage system ensures that Westerners do not pay more just because their whiskey sells for less.))
Section 1. Corrections.
(a) Duplicates -- Title 5, Chapter 2, United States Code, is amended such that the second Section 6 and second Section 7 are removed.
(b) Section Removed by Amendment -- 5 USC 6(c) is stricken.
(c) Section Altered by Amendment -- 5 USC 6(b) is amended to read as follows: "There shall be imposed a tax of 15% ad valorum on the importation of gunpowder, firearms, alcohol of any kind, salt, tobacco, dyes, dried and pickled fish, and manufactured goods not otherwise specified."
(d) Clerical --
(1) Title 5, USC, Sections 6 and 7 are renumbered Sections 21 and 22.
(2) The Sections of Chapter 3 of Title 5, USC, shall be renumbered 31, 32, and 33.
(3) The Sections of Chapter 4 of Title 5, USC, shall be renumbered 41 and 42.
Section 2. Alcohol Tax.
(a) In General -- There is inserted in Chapter 2 of Title V, United States Code, a Section, Section 23, to read as follows:
"Section 23. Alcohol Tax.
(a) Domestic -- There is imposed upon the production of alcohol of any kind a tax of 25% ad valorum.
(b) Import -- There is imposed upon the importation of alcohol of any kind a tax of 25% ad valorum."
(b) Clerical -- 5 USC 21(b) is amended such that "alcohol of any kind" is removed.
((Plain English Summary:
Section 1 amends the Revenue Act of 1789 to make all of the amendments actually made by the House (several of which Hughes missed), and to remove the duplicate nature of the bill (not sure how that happened).
Section 2 establishes a 25% excise tax on alcohol of any kind. The bill targets alcohol of every kind, thus equally targeting Easterners that drink beer and Westerners that drink whiskey, and the percentage system ensures that Westerners do not pay more just because their whiskey sells for less.))