Show National N I T Tax C Commission mISSIOn 11 By lr Ira C. C TiCh Tichenor I A that the American Bankers' Bankers association will i f take up for fer discussion at its coming annual convention and as I one of the foremost subjects to be considered at this time the question of federal ta tax law revision revion can be regarded as an assurance that the whole subject of ot tax tx revision in which the te entire country is inter- inter of ot the next session sted wJ be taken up by congress ss at the te beginning association has Just named the a Richard S. S Hawes p president of ot the personnel of or the economic policy commission of or the association and which Isto Isto is isto to consider the question queston of t tax revision and nd make recommendation to the convention enton cn a as 01 to suggested changes The The personnel of or this commission is a guaranty that the recommendations ton which may be made made will wJ be worthy of ot consideration by congress The c committee consists of or Waldo Newcomer president of ot the National Exchange J. J S. S Bache Co New Now York tank bank of ot Baltimore chairman Sol Sd of ot Dache J. J W. W Staley president of or the te Peoples State bank bank of ot L. L L L. L Rue president of ot the Philadelphia National bank ban of ot Philadelphia Festus estus J. J Wade president of ot the Mercantile Trust company of ot St. St Loule Lui Arthus Reynolds vice president of the Continental Commercial National bank of ot Chi Chicago go and Charles A A. lunch Hinch president of ot the third Fifty National bank of ot Cincinnati Cincinnat J In view of ot the fact tact that taxation is a n proposition which directly affects practically every citizen of ot the tho count country it i might be classed as one of or the leading if i not the most important ant subjects subject of ot consideration yet yet Judging from tom the te haphazard manner In which it is treated by congress and by many legislatures it is ono one of ot the least important of ot all al economic questions Because of ot the many inequalities contained in the present federal tax laws and ad the between states in respect to the imposition of certain taxes the necessity for the tha creation creaton of ot a permanent national tax ta commission to consider the te question queston iu in 11 a truly economic manner would seem to be Imperative Suc Such a commission not only could save the time of or congress In discussions of theories teres and ad crude Ideas advanced in profusion but undoubtedly could frame a a. a law that would be free from the crudities es and inequalities s existing In i the te present laws and which also would bring about legislation which I would prevent double taxation as a a result resul of t prevailing taxat taxation n methods employed in different states Such a commission too toE tO might have as a one of or its is duties dutes the giving of ot S advice to the tax tu officials of ot the te various states and to legislatures and thus smooth rooth the te tax ta roads In the thE various commonwealths as a well wel as a nationally |