Show plan huge new tax bill for house democrats predict next session will act more intelligently washington D C an other large new tax bill enill 11 have to be passed next year to pay for the unprecedented spending of the roosevelt administration the democratic majority of the house ways and means committee ad bitted in reporting on the million dollar corporation surplus tax drafting of which it had jut completed in referring to certain provisions of the bill the 17 democrats on the corn com cittee both startled and amused the republicans by stating statin g in the report will take care of the prest dent dents e request until the next session of congress con ress which can then act more in tell in the light of the conditions then existing the committee a apparent opinion of its own bill was elaborated upon by speakers of the united states chamber of commerce meeting in the capital who characterized it as well as other I 1 oo sevelt tax measures as irrational inequitable and a species of economic suicide for the nation some of the conditions necessitating the surplus tax and other taxes to follow next year were ere indicated by henry jr secretary of the treasury appearing before the finance committee of the senate after the bill had been passed pasted by the house he estimated that the def deficit icat for the fiscal dear ending june SO 30 next would be 5 billion million dollars this was ras an amount greater by some 44 in mil lion dollath than the administrations total expenditures for the fiscal year up to the end of april |