Show I N NI I rR rO lo loi i A TAX ON N PR fIT Conscription of W Wealth e Looms If President Decides Decides Decides De De- on Revenue Billat Bill Billat Billat at Present Session By United Press WASHINGTON May 25 A A new move backed by both botn Democratic and Republican Republic leaders to postpone a revenue revenue reve reve- nue bill until after the fall fail elections WES Was begun 9 ia congress t today day v The house ways ways' and means committee meeting at noon decided on an a plan whereby congressional leaders would get together with Secretary of the Trea Treasury ury McAdoo and try to agree on a postponement Senate members Indicate Indicate in indicate In- In President Wilson knows knows' of the move and is favorably disposed to It L By L L. C. C Martin U United Press PreS Stiff Staff Correspondent Correspondent WASHINGTON May 25 1 VV The tax bill lull buck has ha been passed to to-ir to president s dent Wilson Secretary Secretary- McAdoo MAdoo Adoo dc declares lares there must be bc a r revenue revenue bill this s session ion Con Congress res says rays there must n not t. t Today the president is expected to the quest question on Having taken a firm n position behind McAdoo the president was swept by a heavy fire of ol opposition argument from Senator Simmons immons last night and forced to hold up a decision until he had seen McAdoo again today He also will confer again with with Simmons Simmons and Chairman Chair man Kitchin of the house ways and means who yester yesterday ay gave up all hope of ot avoiding a tax bill this session and prepared to begin work on the measure next week RICH TO PAY If It the president orders the bill the wealth plan to come into their own The word has been passed that there must be no limit to I the taxes taxes taxes' on war profits swollen incomes incomes in in- comes and luxuries I Speaking for themselves and not pretending to reflect the treasury's views it I and other leaders indi indi- indicated indicated they plan to raise Six billions billions- or thereabouts from incomes incomes in in- comes war profits and inherit inheritances Two billions from luxuries sources r j These figures are subject to radical changes but they represent t the leaders have in mind Under existing tax laws excess profits and incomes are paying payin 2775 Estate taxes add so that the plan of congressional leader leaders leaders lead lead- I er ers contemplates more than double present rates I EVERY LUXURY INCLUDED Every sort of luxury those enjoyed by the poor as we well as the rich will willbe willbe be ho taxed to raise the remainder It is likely that movie patrons vill will find their evenings evening's enjoyment I costing cost costing ing two or three pennies more snore after the new bill becomes effective Tobacco I and cigars are due for tor another boost Phonographs and records pianos and andall andall all other musical instruments will be beI I considerably more expensive Even I the humble mouth or organ an es cape Automobiles will pay heavily I All Alt cosmetics will be taxed to the limit as will Jewelry and nonessential I articles of household use such as bricI bric- bric brac a-brac and oil paintings I Tea coffee and and- sugar consumption taxes will not even be considered unless Unless un Un- less it is found there is no way to to raise the required amount without In Including In eluding them TICKLISH JOB Congressional leaders reaUze realize they Y face a hard Job A leading member of the senate finance committee committe stated Mated frankly that he had told President Wilson Wilson Wil I son and Secretary McAdoo 1 that a a. war tax bill framed so near congressional elections will vilI be a bad bill Human nature is devilish weak weal and the pressure of or constituents is iO I bound to make snake a man vote ote here for I C Continued n on page C G i 8 BILLIONS PROPOSED Continued from page 1 l. things that dont don't agree with his lils best jud judgment ment said this senator He lie pointed out that a congressman seeking reelection whose constituents I II drastic taxed axed under would be heavily profits levies would be be excess or war strongly tempted to vote for Cor lo low lair I profits proms taxes and let somebody else elseI I pay |