Show tf t i EXCISE LEVIES DRAW ATTACK ATTACH WASHINGTON Aug 12 UP- UP V Spokesmen for various business in interests interests in- in appeared before the senate senat finance committee Tuesday to ee eek l modification of proposed excise levies levie lev lev- tea ies In the tax bill an anin and andin andin in some ome cases to ask Alk removal o of what they termed iniquities Ii In present law Opposition to proposed levies Je 01 on tires tubes and other rubber products products prod prod- vets was presented by Representative tive live Harter D. D Ohio who contended contended con eon tended that the existing tax lax on 01 tires and tubes tubes' was wu already out ou cf of line Ine The present tax on tires anc and tu Harter said represents anad anad an ar ad valorem tax of 89 per cent w- w while lle other automobile accessories care re e taxed at 2 2 per cent The 7 proposed schedule he added would boost the levy Jevy on tires and tubes 1 i to 18 per cent while other accessories ries rles were taxed at 5 per cent Tires are not a luxury Harter told the committee and they should not be taxed at luxury rates He urged that no Increase be made In the existing rate and assailed as unfair and as ImposIng Imposing ing undue hardship a proposed lQ 10 id per cent JeV levy on other rubber products Hugh Satterlee chairman of the committee on taxation pf the New NewYork NewYork NewYork York County Lawyers Lawyers' association submitted a formula brief in opposition opposition opposition I tion to a proposal rejected by the house for mandatory mandator joint returns He also by b husband and wife urged a general sales tax as a source of new revenue rev Support for a manufacturers manufacturer's tales sales tax came also from Jay Iglauer chairman of the taxation committee of th the National Retail Dry Goods association He urged that all excise taxes be levied at atthe atthe atthe the point of manufacture rather than at retail outlets Edward S. S Boyles of or Houston Texas urged an amendment of present law Jaw so that banks could not be taxed on recovery of bad debts when no tax benefit was realized from charging off the debt Boyles told the committee that the First National Bank of Houston Houston Houston Hous Hous- ton charged off a large Jarge amount of bad debts in 1932 and 1933 with no tax benefit and in 1936 recovered recovered recovered ered a large portion of the charge- charge off elf |