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Show I CHANGES IN THE I COUNTRY'S TAXES. I Big business is making a determined effort to escape from the burden of i the excess profit tax, and bills are to I J, be presented to congress for the exicn- I slon of time for payment of tin De- rember 16 installment of the income and profit tuxes I How the COUntT) is to meet its obll- ( M gations without some form of taxi I which will inflict hardships on on ele- Hj1 ment or another of those capable of' H paying is not disclosed, although Sena- J tor Wadsworth, who Is one of the lead-1 H era of the majority, declares there must be immediate changes in the fed-! eral tnx laws and he offers the follow- Iing solution: "The so-called luxury taxation Is not wise or consistent, and is a hit or miss affair. "Concerning the income tax, the principal prin-cipal discussion seems to be toward relieving the people having small incomes in-comes lrom this taxation. The disposition dispo-sition seems to be to make the maximum maxi-mum of exemptions $2000 instead of ?1000, as now for single men, and double dou-ble that for the married man. "The heavy surtaxes now Imposed should be reduced in order to release money to go into productive enterprise." enter-prise." . In order to meet the demands of the financial Interests of the country, it is ft nlent there must be a yielding to big business If, in the restoration of confidence. con-fidence. It 1b necessary to comply with the requirements of the money intr cuts, there must be a radical change In the method of gathering of funds to meet the expenses of government. |