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Show SMOOT TO INTRODUCE NEW WAR TAX BILL Utah Senator Says Object Is Simplifying Simplify-ing Law and Making it More Efficient. WASHINGTON, Jan. 3. A substitute substi-tute for tho war tax law is to bo in-troluced in-troluced soon by Senator Smoot. It would practically reconstruct the present pres-ent income and excess profits tax sections sec-tions from which it is proposed to obtain ob-tain about three-fourths of the total amount To be raise. 1 by the lull. Excess Ex-cess profit Kites. Senator Smoot said today. wouKl be slightly higher, but there will bo no additional levies on incomes. Senator Smoot said the purpose in introducing in-troducing the bill w as to simplify the law a nd ma s e it more workable. |