Show IT TAX AX BILL GETS HOUSE UNIT 01 OK WASHINGTON Aug 28 INS I I IThe The The house ways and means me-ans committee committee com com- Wednesday formally approved approved approved ap ap- ap- ap proved the new national defense bill levying a n drastic excess profits I tax and providing special amortization i privileges s 's for corporations I expanding their plants for defense defene purposes Representative McCormick McCornick nick mick D. D Mass announced that the vote was unanimous The action closely followed fresh criticism by President Roosevelt that congressional delay In providing provid ing special amortization laws Jaws is hampering plant expansion House leaders leader plan to call up the measure Thursday seek seck passage in one or two days I. The measure Is 15 designed to Impose Impose impose Im Im- pose excess profits taxes only upon the increase in profits resulting from rom expenditure of the defense deens fund |