Show AUTO y MAKERS ASK TAX CUT Manufacturers Give Committee Com Corn Pledge to Make Prices Lower to Buyers Buyers' WASHINGTON Oct 24 AP AP- AP Promise of ot automobile manufacturers manufacturers manufacturers to pass on to buyers through lower priced cars full benefits of the removal of the annual annual annual an an- nual federal tax levied against this industry was pledged today to th the house ways and means committee Urging repeal of the levies against passenger automobiles as aswell aswell well vell as those of trucks tires and accessories the N National Automobile Automobile Automo Automo- bile Chamber of Commerce reported 1 It t h had d th r pled t every manufacturer that if the We Jax was repealed It would be eliminated entirely entirely entirely en en- from the buyers' buyers purchase bill bUl Lower priced dg cigars rs and theatre tickets also were promised by representatives representatives representatives rep rep- of these industries if the federal tax on cigars and ad admissions admissions admissions ad- ad missions were vere redu reduced ed eci The committee which will start work a week from Monday on the drafting of a tax reduction bill heard appeals for relief from these taxes today from more than twenty representatives of national organizations Secretary Mellon however gave no place for these reductions in iii his program submitted earlier in inthis inthis inthis this week He has suggested that the levies on admissions and passenger passenger pass pass- enger eager automobiles be retained He did propose though that the tax on automobile trucks tires and accessories accessories ac ac- ac be repealed After Atter hearing protests today from the Mortgage 1 Bankers' Bankers association association asso asso- elation and the Ai American erica l Farm arm Bureau federation against Mr Mellon Mellons Mellon's Mel- Mel lon Ions Ion's proposal to repeal the estate tax Chairman Green announced he favored repeal of the federal tax after atter a period of six years Mr 11 Green previously had opposed repeal of th the estate estate- tax but had agreed to a plan to Increase the credit allowed for payment of state taxes He said he thought the six- six year period would give states op opportunity opportunity opportunity op- op to work out inheritance tax laws to prevent evasion e of the lev levy bevy Questioning representatives of ot the automobile industry as to how much of a saving actually would be given iven buyers if the federal levy were repealed Representative Treadway Republican Massachusetts inquired If it it would mean ac actual c c- c cuts in the advertised prices of cars or Just elimination of cit tile Ute tax added to these prices It was admitted that only the added add tax to the regular price would b be dropped Protesting against continued d taxation tax tax- atlon of passenger cars because it is C easy to collect George C. C Graham Graham Gra Grit ham Cleveland representing the National Automobile Chamber of Continued an on page 4 AUTO MAKERS ASK TAX CUT Continued from page 1 Commerce commerce disputed t. t the theory of ot Secretary Mellon that that this levy should be retained because of the federal aid In road building Automobiles Automobiles Auto Auto- mobiles he h said already paid their way on the roads In numerous state and municipal evies We Ve believe that consumers should not be penalized Mr Graham Graham Graham Gra Gra- ham said and I have letters from the motor vehicle manufacturers I from tho the individual companies pledging to lower the delivered cost of the motor vehicle to the buyer to the tare full extent nt of the relief as soon as these taxes are repealed 4 I |