This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from ...
Show synopsis
This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1918 edition. Excerpt: ... addition to this 2 per cent we have to pay 2 cents a gallon on gasoline. We have to pay an excise tax winch ranges from $10 to $50 per car, according to the horsepower of the automobile. We operate 20 twin-six Packard cars, which would be taxed for the $50 amount, which makes $1,000 there, and slightly over one hundred and fifty taxicabs which would be taxed at $40 apiece, making $7,000 of taxes on our taxicabs and touring cars. Senator Smoot. The tax is general? Mr. Marston. Yes, the tax is general, and we are not finding any fault with that. We are taxed 10 per cent on all tires, accessories and parts that go into the upkeep of an automobile, which we will gladly pay. Senator Smoot. That is general? Mr. Marston. That is general. Senator Penrose. And in addition to that you are out of business on Sundays? Mr. Marston. In addition to that we are out of business on Sundays. You are quite right, Senator. Senator Penrose. And you have an income tax? Mr. Marston. Yes; and I presume the income tax and excess-profits tax, if there are any excess profits to tax. Very briefly, I do not believe that any man that considers himself a patriot ought to come down here and appear before you gentlemen and ask to have any tax taken off. I do not ask that. All I want to do is to do what the railroads do, to add that to our tariff. We will willingly collect that tax, and we will show this committee where they can get more revenue. For example, 5 per cent of the gross receipts is 5 cents on every dollar, is it not? Well, we will collect 5 cents on every taxicab ride: and the records show that the fare for the average taxicab ride is 80 cents. The Chairman. In other words, you will pass it on to the poor devil who rides? Mr. Marston. We have got to. Senator Penrose....
Hide synopsis
