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Show .INCOME TAX FAVORED. Socialists of France Have Great Influence In-fluence on Fiscal Legislation. PARIS. Nov. 23. The Clmmber of Deputies Depu-ties today began the debate on Flnancle Minister's Rouvlcr's bill and income tax. The measure, which makes sweeping changes in the fiscal system and Is due largely lo the growing strength of the Socialists, but has the approval of tho Government, suppresses the present taxes on doors, windows and othor evidences of personal property, amounting to tho total of llu.OvO.OOO. The new plan contemplates raising 52fl.40O.O0O by taxing Individual Incomes In-comes and $12,000,000 by taxing rentals of real estate The tax on Incomes Is graduated, gradu-ated, Incomes under J500 being exempted. Over $500 the rate gradually Increases, tho highest rate being about 2 per cent on Incomes In-comes above J4000. The tax applies to foreigners for-eigners having a furnished residence In France or receiving revenues from French investments. Strong opposition to tho measure Is developing, on the ground that It will drive out capital. |