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Show LABOR COMMISSION PROPOSES NEW TAX INtV)V, Fb. R The Joint labor commission's second interim report rec-I rec-I ornmnd a capital levy on pOMsesi-ions ; exceeding 5000 pounds sterling, rang-j rang-j Ing from 1 per ent to 6 per cent I on the largest fortunes. The report claims this would yield 4.lOO.OOG,0Ot pounds. The report further urgs the abolition aboli-tion of all taxes on foorUtufff. reduction reduc-tion of :h tobacco tax by one-half, and i higher death duties. It adls the sug-) sug-) gsttnn that on eaoh sucrs.ive trans-ft-r of Inherited wraith the dutv I should be increased to a point where I ultimate extinction would result. |