Show CUT IN AUTO flUTO TAX APPEARS G CERTAIN CUTS FAVORED WILL GREATLY REDUCE PRICE TO CONSUMER ER SAYS COMMITTEE Many Other Commodities Are Named In List Which Is 1 In Line For Tax Reduction Action Is II Expected Expect Expect- I ed Immediately Washington Repeat Repeal of the automobile automobile auto auto- mobile taxes involving an estimated loss of revenue next year which will be among the problems confronting the tho house ways and means meaD committee when It takes up consideration of excise rates appears to have been made impossible by the slashes the committee has approved in other sections of the now revenue bill It is drafting Only of the tho prospective treasury treas ury surplus available for tor tax reduction redu tion is left leU for tor the tho committee to apportion apportion ap ape portion In of ot tho the excise schedules If tr nil ail requests before the tho committee for tor repeal of ot tho various excise levies were granted these changes alone would reduce the governments government's governments gov goo revenue by more moro than annually Nevertheless the reduction of ot the tho automobile rates appears certain Secretary 1 Mellon ellon proposed repeal of ot the taxes on automobile trucks tire and accessories but urged retention of ot tho the tax on automobile passenger I cars Committee members however seem to favor tavor some somo modification at least of ot the tho latter tax and automobile automobile automo bile manufacturers have promised premised to pass on to the consumers any reduction reduction reduce tion granted The Tho committee has before it requests requests re reo re- re quests for tor repeal of ot taxes which would yield approximately the following fol tole lowing amounts of ot revenue next year Automobiles tires parts etc Alcoholic beverages Admissions and dues Cameras and lenses Photographic films and plates Firearms Firearm's and shells Smokers' Smokers articles Coin operated machines Yachts and motor boats Mali Mah sets Art works Jewelry Bowling Howling alleys pool and billiard d tables Stamp taxes Brokers In addition cigar manufacturer s have bavo asked for tor a reduction of ot tho time lev levon levy y on their product Tho entire tobacco o tax yields revenue annu ann u- u ally ully The committee will consider all allot vt ot o these taxes together with apportion apportioning n lag ing among them the remaining to be cut from the federal to tax x burden Secretary Mellon propos proposed cd the that t some of ot these levies which yield comparatively com con small returns including that on art works be abolished The Tho admission tax was revised two years ears ago 1110 to relieve all admissions of ot 60 50 cents cents' and less of ot the levy No definite scheme schema for tor revision ot or these rates has been proposed by members ot of the committee and Chairman Green announced that they would b bo considered on the same nonpartisan non non- partisan basis as the revisions decided de upon recently Including tho the Important Im Important income ta tax taz schedule lie He sees little hope however that the time re ro o points to tb be bo taken up l In framing the tax reduction bill can be bo disposed of ot as quickly as ns those already decided but he believes the tho progress made mad so far tar assures assures completion completion com com- ot or the lbs before Thanks Thanks- In ample time for tor presentation presenta Lion tion tl to the house when congress congress convenes con convenes venes De December ember 7 |