Show TREASURY GIVES i TAX BOOST PLAN I I I House Group Studies Proposal Proposal Proposal Pro Pro- to Meet Huge U. U S. S Deficit D Dy fly Associated Prest Pres WASHINGTON Feb 16 lG The treasury department today submitted I to the house ways and means committee commit commit- tee revised proposals to raise taxes to meet the prospective I deficit In the coming oming fiscal year Secretary Mills proposed a one cent t ta a gallon tax on gasoline to yield modification of income sur sur- surtaxes I taxes to lo yield an additional and a 7 per cent tax lax on electricIty electric electric- I Ity manufactured and natural gas to brin bring in Another increase recommended was as 15 1 per cent in the corporate income in income in in- come tax lax bringing it to lo 13 per cent This Is expected to yield an addi addi- Hanni over the original In Increase Increase Increase In- In crease of one half of or 1 per cent proposed proposed pro pro- posed in the administrations administration's original original original nal program A one-cent one increase in the tax on capital stock sales was proposed over the original recommendation which would bring it to a total of oC four Cour cents with an estimated additional yield of The house ways S and means committee com corn alre already dy agreed greed not to make the taxes retroactive on 1931 incomes affirmed the decision b by a formal vote I II I JJ l I i I j I I |