Salt Lake Tribune | 1918-12-06 | Page 4 | Oppose Fixing Taxes for 1920

OPPOSE FIXING TAXES FOR 1820 Final Revenue Amendments Change Second-class Mail Zone. U ASIIINGTt.t.V. Dee. 5. Thu war revenue rev-enue bill, designed to raise slightly more than Jt).iii)fi,inii.i,i)ui) in taxes next year and about $ l."jr,(j,(iiji i.mjn .in pco, will be presented pre-sented to the senate tomorrow by Chairman Chair-man Simmons with a view to beginning debate either next Monday or Tuesday. The majority import on the bill and also a minority report from Senator pen-rose pen-rose of Pennsylvania will not be filed unLd next week. Sena lor Penrose's report, re-port, it was said, will deal exclusively with opposition to the bill's provisions fixing taxes for P20, to which t he Republicans Re-publicans vigorously object. While these objections will he fully outlined to the Sen; le m debate. Republican leaders dis-ela:m dis-ela:m any Intention to filibuster against the h'll. Senator Simmons said tonight that no effort wmild be made to institute the plan of passing a u emergency resolution for imp 'Sition of an W f per cent tux on 15)18 corporate war profits unless senate dis-cussion dis-cussion should be so protracted as to threaten defeat of the blii or of the treasury's treas-ury's plans for beginning tax collections early next year. He and Majority Leader Kiit -liin of the house arc, prepared, however, how-ever, to propose the SO per cent war profits tax If it should "be deemed neces- Chairman Simmons explained that the plan would be to initiate iii the house a separate resolution amending the present revenue law by providing for a flat tax nf .SO per cent on corporations' war profits made during 1918. based upon the pending bill's exemptions and Its pre-war standard. Ih object, he said, would be ro prevent Juss of revenues from If IS war profits, which might es-'ie taxa-; taxa-; lion if the pending bill should fail. ; In final amendments to the bill today I the finance committee rhnn'd the pro-, pro-, posed I -cent - a -pound posi age zone for 1 second-cla is mail from 200 -o 150 miles. 1 The 1-cent rate, under the flnaJ amend-; amend-; merit, woukl apply only within the first j and second parcel post zones t Ti 0 mil-.sj, Willi a rate of l1- cents beyond. Senator 1 .11 Koilefte of Wisconsin gave notice today that he would offer numerous numer-ous amendments to the bill m the senate. sen-ate. It was understood he desires to impose im-pose heavier rutes on war-occs profits ! and urge i n creases in some of the i nd i-: i-: vidtial sur-tii x rates.