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Show REFUGE FORTHE HEAVY-TAXED The high surtax rates of the tax reduction bill are meant to catch the very rich, according to most of the gentlemen who insisted on making them high. But most of the gentlemen gentle-men who insist on keeping them high steadily rejected every proposal looking look-ing to a closing of the avenue of escape es-cape which the very rich have in the tax-exemption privilege. They voted against the resolution to submit a constitutional amendment which, if ratified, would have subjected income in-come from every source to taxation, and they voted against the amendment amend-ment to the bill which, if adopted, would have excluded income derived from tax-exempt bonds from the deduction de-duction which the bill allows. When the vote which men cast renders impossible the purpose which they profess to wish to accomplish, accom-plish, there is an inconsistency which questions the sincerity either of their vote or their profession. And since the act is a more convincing evidence than the word of a rational man's purpose, it is not easy to avoid the conclusion that many of those Congressmen Con-gressmen who voted for high surtaxes surtax-es and tax exemption were not moved by the motive which they avowed, Morning News, Dallas, Texas. |