Show I NE NEW TAX BILL WILL ILL GUT CUT LEVY MELLON TAX BILL MEETS WITH APPROVAL OF HOUSE COMMITTEE Few Changes Are Contained In Text From Outline of Bill Billas Billas as Announced From Treasury Washington Reversing its previous previous pre ious policy the house ways and means committee Friday made public the new revenue bill in tho the form torm it was sent to tho capitol b by Secretary Mel Mel- Ion lon The text contains few tew changes from the tho outline of or the bill which has been publicly announced at the treasury It follows Mr Ir Mellons Mellon's proposals for tor fora tora a sweeping revision of or administrative tivo tive provisions to prevent tax dodging Including a provision for a board of ot twenty eight tax appraisers to act as asa ft n court of appeals in disputed cases and makes detailed provision for tor the I tax reductions advocated b by the secretary A fight tig-ht for publicity for tor the tho measure measure measure meas meas- ure was conducted In a subcommittee sub commit tee meeting b by Representative Garner of at Texas the th ranking Democratic member Chairman Green and other majority members insisted then that the text should be bo held In confidence as a courtesy courtes to Mr Mellon Inasmuch Inasmuch Inasmuch Inas Inas- much as the principal provisions already already already al al- al- al ready have been published however Mr lr Green decided Friday that there thero was no necessity for tor further withholding withholding with with- holding publication Tho recessed after Fridays Friday's session until after atter the first of or the tike year when the full committee again will take up consideration atthe of at the measure The bill was made public In the form torm of or a reprint of or the voluminous ren revenue nue act of or 1 1021 21 with scores of or interlineations interlineations in in- and other amendments indicated Detailed outlines of or these amendments were made mado public by Secretary Mellon lellon on November 11 and andon andon andon on December 10 and were printed throughout the country In many cases the language employed employed em em- to carry these changes into effect is 18 so highly technical as to be unintelligible except on the basis of or explanations by the experts attached to tho the committee and to the treasury for tor that purpose The Tho normal Income tax sections of the existing law are left undisturbed except that the present 4 per cent rate Is reduced to 3 per cent and the present 8 per cent is reduced to 0 G per cent |