Show j II In 0 t tt y e AST SI WAR AR T TAXES i a Bf t t Ill 1 E airman airman Smoot to Play Playa a 11 Big Part in Final Writing Writing Writ Writ- ing of Measure WASHINGTON W. March 25 AP AI tj The last ot of the wartime nuisance es would be abolished under 1 sent plans ot of both n and Democratic leaders in cons cont con con- s t sf for the prospective revenue l to be framed next session Dis- Dis ot of the measure has been recently with the forecast tt t. t Secretary Mellon ot of a Ito surplus for the current currenti 81 i cal al year t corporation levy would get gett t t t attention in the possible half half- lion dollar slash and the re- re ot of the melon would go to tol lincome tax payers t 1 II l I Chairman Smoot or of the senate l once once committee who will have I influence in the final sting of ot the measure believes a t. t er cent cut in the 13 2 1 per cent levy is warranted ocr tlc le enders ders also have urged i in this tax which has t cut since the war and itch as boosted from 12 2 1 per 1 tf a year ago when the capital ocl ock levy was eliminated HUGE HUGE SLASH rt H I 2 per cent cut in this rate rater r could Duld Cut the government reven revenue e- e annually Senator oot estimates or almost half of total reduction now J sight While little h hope pe is held out b by Smoot for th the income tax pay pay- this class class- is not without its ds ds and a slice all along the 1 cZ 1 1 inco income ne rates is confidently Senator Smoot says sas ome tax rates have been cut almost to the pointing out that a a. man with two children nOW has to pay no tax on his first o o income While the rate ot of the tho first has been red reduced ced to 1 2 12 per cent leaders or of both patties parties have indi- indi they w woud ud favor some consideration con con- for the taxpayers with Incomes between and on the ground that the surtax rates applying to these incomes have not been reduced in proportion tion to the slashes previously pre authorized au- au on other Incomes DRAW ANTAGONISM or Of the nuisance taxes still on the books those on automobiles automobiles auto auto- mobiles theatre admissions and duo dues have drawn the most antagonism and the early promise or of Chairman Smoot coupled with the demands last session ot of Democratic Democratic Demo Demo- cratic leaders for repeat repeal of these levies levies seems to assure their end Meanwhile Chairman Green of tho house ways and means committee com com- which will VIII actually frame the bill for its trip through congress congress con con- gress is malting making no promises lie He wm will call the committee into session In the fall Pending a further study of the situation President Coolidge Cool Cool- idge and the treasury also are s l silent on their tax reduction views both as to the total amount which shoed be authorized and the manner man man- ner In which it should be |