Show r Treasury Asks Repealing I 01 Oleo Taxes Taxes' WASHINGTON March 8 UP AThe Pi- Pi The treasury recommended Monday Monday Monday Mon Mon- day repeal of ot federal taxes on oleomargarine Under Undersecretary A. A Lee Wiggins told the house committee tee on on agriculture agriculture agri agri- culture that the present oleo taxes 1 Distort the competitive position position po po- of two domestic industries p penalizing le margarine to aid butter 2 Interfere with best use of nati national n l resources 3 Unnecessarily ity burden n c consumers consumers con con- n- n sumers far in fu excess of the amount paid in taxes Wiggins s' th taxes are arc are Un- Un lr a p rt federal revenue standpoint Colle Collections for tor this and next fiscal year are estimated at abo about t he said B But Buthe he said laid the burden of these taxes on consumers is not adequately adequately ade ade- q measured by the treasury's tax coll collections ns The taxes increase the cost of the product they interfere with the the consumers consumer's rs r's freedom of ot choice in satisfying p personal wants and they increase his living cost by interfering with the consumption of less expensive foods u it itis is the view that the federal tax should be repealed Wiggins s said id the there e is Is' little need to use taxes to prevent oleo from being misrepresented to be butter butte But if congress congress' insists on doing so he said the tax should be dropped to nominal rates sufficient Buffi- Buffi dent only for regulatory pur pur- poses Wiggins said that tha repeal of ot the federal taxes on oleo oled would benefit consumers in most states Many states have their own taxes or other othe restrictions on on oleo |