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Show Taxes and Politics Chiij'I-crs ought to cut taxes next winter, according to ;he Dniiocnds. The government will have millions of surplus 1 i-sr.h on hand by the close of the fiscal year next June 30. !i he people are entitled to the benefit of it. That's their argu- i ment. j Yes, there will be a surplus, rejoin the Republicans, but nobody can tell how much until June 30 and taxes can't be -ul on' the strength of forecasts. So Congress must wait until the winter 1027-28 to do anything about it. That's the Re-j Re-j publican argument. It is one of the questions campaign orators will orate j about. The Republicans want to wait, the Democratic orators will declare the G. O. P. is delaying for dramatic effect just J before election. In the meantime the people will have been I burdened with a superfluous year of high taxes merely to I serve Republican politcal ends. That's another Democratic argument. A ta-c cut in 192G-27, the Republican orators will re-j re-j spnnd, would be just as much a Republican tax cut as one in It's impossible, for the reason given above, but it it were possible the Republicans would have made it so. ' Such the lo publican side of the proposition. While the Republicans say a 1926-27 cut is impossible, i the Democrats undoubtedly will attempt one when Congress ; meets in December. It will be only a demonstration for the public's benefit, for the Democrats lack the strength to pass J any bills in -this Congress, and if they could pass any the j p'".'; illicit could veto them. P.y only one method might the Democrats in the present : (;;)ih Congress force a program of their own that's the blackjack method. While they can't accomplish any thing constructive, the. Senate is so evenly divided that they may b- able to tie up measures the Republicans are vitally interested inter-ested in. By a determined filibuster they could prevent the pass-;.;:r pass-;.;:r of an appropriation bill and leave the government with-; with-; ni-l fund:! 1o run on. This assuredly will not happen if, in the November election, the Republicans retain control of the ! Tilth Congress. In that event, the president simply would call an extra session, the appropriation bill would be passed I nnyway, tax reduction would still wait until 1927-28, nothing i would 'have been accomplished and the Democrats would t have made themselves unpopular. j But if the Democrats gain control of the 70th Congress, n policy of obstruction in the 69th is an outside possibility. In such a contingency the extra session would be a Democratic Demo-cratic extra session. It would pass the appropriation bill, of course, but it would also pass a tax reduction bill and the Democrats would be in a position to claim all the credit for it. The president probably would veto it, but that would pro-cide pro-cide a fine 1928 Democratic talking point against the Republicans. Re-publicans. i |