Show LEAGUE LEADER SAYS INCOME LEVY TOO LOW Tax Should Begin at Three Per Cent Chief Asserts Charges that senate enate bill 88 g has been mangled by amendments re reducing reducing re- re the proposed Income tax leies lev le- ies los were made by P. P E. E of Monroe president of or the Utah Tax Reform league Tuesday afternoon afternoon after alter noon in an address at a meeting of ot that organization in the Newhouse hotel Reduction of oC the income tax levy to 1 per cent on the first 1000 and corresponding low rates on higher incomes have taken the life out of the bill Mr declared Higher her Rate Urged Ur-cd I have no no quarrel with the plan to allow a exemption for lor single persons 1200 for tor married persons and for each dependent child but the income tax levy should begin begin begin be be- gin at 2 per cent or better still 3 per cent in order to provide adequate adequate adequate ade ade- quate revenues to permit a reduction reduction reduction tion of property tax He outlined the tax reform program program pro pro- gram basic premise of oC which is re reduction reduction reduction re- re of or the burden on real property property prop prop- erty b by a sales tax combined with an income tax We Ve favor Cavor exemption of property from Crom all taxation for state and school purposes but would not carry this exemption to the extent of demoralizing dc- dc moral moralizing local governments de de- de- de pendent o on property properly taxes or endangering endangering endangering gering the standing of bonds sold on the premise property taxes would back them Mr said New Meeting l Another discussion of taxation and proposed legislation will be conducted conduct conduct- ed by the league in the hotel at p p. m rn Tuesday Members of or all tax organizations have been invited to Utah legislators will relax after the closing meeting of this session at a cabaret dinner to be given in their honor by the chamber of commerce commerce com com- merce in the thc chamber building it was announced Tuesday The dinner will be held at 6 p p. p pm p.m. m. m either cither Friday or Saturday according to Paul F. F Ke Keyser ser chamber president president president dent who will be chairman There will vill be no set sel speeches Past presidents presidents presidents dents of the chamber of commerce mom members bers of the thc bo board r lof of ot governors and ri l of or the will attend |