Show TAX ON HAS ITS PRO PROBLEMS inheritance TAX QUESTIONS MAIN TOPIC OF DECISION AT SALT LAKE MEETING delegates delegate from forty one ona states state and territories Torri torie of hawaii and porto rico attend thirteenth annual convention salt lake city at the opening session of the thirteenth annual convention of the national tax association on september 7 a total ot of delegates had registered la in addition to about two score women guests of the convention the representation includes bludes dete delegates gates from forty one states in addition to the District of columbia and the territories of hawaii and borto illch illco itis it Is said that this was the largest representation ever had bad at any convention ot of the association inheritance tax questions were the main topic of 0 discussion at the afternoon session held at Sal Salta tair lr and practically the only subject debated at the round table meeting 0 of the evening an interlude was taken in the evening meeting to permit the delegates to hear bear from senator reed heed smoot who declared that a great necessity exists tor for reform of the revenue system of 0 the united states government ern ment and announced his intention if returned to the senate to under take that reform the morning session also at Salta lr was taken up with an address by governor D W davis of idaho on the cabinet form of government one by william balley bailey secretary of the utah state board of equalization on the increased powers and duties of that board and one from frank orr of oklahoma former chief clerk of the tax commis commission slon and now tax agent for the sinclair company a big oil concern on taxation of oil companies at the afternoon session the annual RD review of legislation of 1819 1919 and 1920 ftc professor 0 C lockhart now of the national bank ot of commerce of new york proved the nature of the legislation in some ot of the states to be a fitting introduction to the subject ot of inheritance taxes next on the program attorney W M mccrea of salt lake read a paper by professor charles W gerstenberg ot of new kew york university which proposed that the federal government should be made collector of inheritance taxes and also suggested that it be used as an agency in distributing the funds among the states in such form as school support and road construction this was followed by a progress report from william B belknap of louisville ky chairman of the committee 0 on n inheritance taxes appointed by the association some mouths months ago mr belknap reported that at present the state inheritance tax laws are in wry viry much of a muddle I and he be pointed out many problems which remain unsolved ile he said the committee was not as yet a unit on any proposed solution and he invited suggestions from the members of the association and also the presentation of any further problems that experience might have developed in the respective states announcement that responsive treasury officials are considering some form of a tax on undivided earnings of corporations po rations as a way out of the situation created by the decision of the united states supreme court to the effect that stock steel dividends are not subject to the excess profits tax was made at the meeting of the national tax association on wednesday thomas W page chairman of the united states tariff commission explained the history of that 0 organization old telling of the now tour four years frequent changes in th the e tariff which led to its formation and of the large duties imposed on it lie ile also gave a sketch of the chaotic condition of commercial relations between countries following the lorld war A vigorously worded paper by professor it il M halg haig of columbus university was read referring to the apparent tendency of real estate owners and operators to conclude that their interests will be promoted by exemption from income tax both state and federal of the interest on mortgages professor hale haig concludes that such a proposal way may be unhesitatingly branded as shortsighted short sighted and unwise N ise douglas sutherland of the illinois constitutional convention committee ort on taxation sketched the problem presenting itself in illinois where the property tax is carried under the present constitution while there is a large amount of property in the state which cannot be reached under them the present constitution |