Show WAR PROFITS CURB SCANNED V I V WASHINGTON Ap April I l t 3 UP The The Th senate finance committee was WM asked aske today to decide whether legislation to take the profit out of or orV V war t should Igo go so o far tar as to destroy detroy the profit profi moU motive e In Industry It was also aIo requested to settle th the delicate question if it high taxes could be raised without d destroying the e profit motive Both BoUt inquiries were propounded by a subcommittee headed beaded by Senator Senator Senator Sena Sena- tor Connally D. D Texas which has been considering the munitions com com- committee bill to tax all individual in income income income in- in come above 4 a year ear during Wartime artime at the rate of ot 99 per cent 4 L An alternative also has been proposed proposed pro pro- posed which would take away in taxes only the extraordinary income or of war years ears The 99 per cent tax would be applied only to that portIon por por- tIon of ot an Individuals Individual's income which was in excess of or his average income for tor the three years prior to the wari warIn war In laying the alternative i pro pro- before the full committee the subcommittee raised some questions of f t policy First it asked ked if It the bill bIU should e designed to take the profit moIe motive mo mo- tive ive away from both corporations nd ind Individuals Assuming the answer anwer an an- to this to be no the littee then asked What maximum rates can be beed beed ed led without destroying the profit 1 il- il |