Ogden Standard-Examiner | 1924-05-20 | Page 4 | Reduction In Income Taxes

REDUCTION IN INCOME TAXES The announcement anno Is made nude that Secretary Mellon Menon will not mend mend a veto eto of ot the th ta tax bill in older to meet the possibility of or a a deficit with lib the passage ot the bonus The secretary favors the imposing mg ing of special taxes to make mak up the additional bUlden of the th bonus Mr Mellon would reduce taxes now as in the pending bill and then boost taxes two t 0 or three scars cars hence it if necessary to meet a def def- def deficit cit Whatever the fate at of ot the ta Lax reduction bill bIn taxpayers ers may rest assured Mr 1011 Mellons Mellon's opinion that their ta taxes es this 3 vear ear on 1923 3 In Income come will III be reduced 25 per cent before this session of ot congress ad adjourns Et E Even Een en it if the tax tac reduction bin bill should fail raIl to become a a law ess h he belle ed would pas pass a resolution reducing this years yearl taxes That being beine true big ble business should once mole begin to speedup speedup speed up the wheels heels of Industry and give ore oft more optimism than Iban hab hi ha emu emu- omi irom that source In the last three months