Show BLOC PLANNING TAX ism WWW REfORMS Progressives Going After Exempt Issues and Corporate Profits April 2 A 2 A pro pro- program program pro program gram for tax lax l legislation In the next congress tentatively agreed upon by the progressive bloc of the house was as made public Sun Sun- Sunday Sunday Sun Sunday day by Frear rear Ito Ito- publican Ile-publican of ot who de- de deI decia de declared I cia red several measures ha haI ha e 0 eI I been drawn to meet weaknesses of the 1921 1021 revenue law I Ill rii bloc he said ald in a still III urge adoption of a constitutional I amendment lC m to bring invest insert investments ments In tax tree free e securities and stOck dividends dh within the taxing po er of ot the federal government an Increase In lii tho the tax and enactment of ot a gift girt tax a ret ret- ret retroactive profits reactive tax on undistributed prof prot- its and an excess profits tax PUBLIC III RJ COEDS Legislation which would require the treasury to make mke tax records public also will be sponsored said Mr I r Commenting on the need for tor a constitutional amendment to to reach tax tree free or stock the Wisconsin in aho ho Is a member of ot the house ways tays ay and means said Bald that single Individuals often orten hold millions of ot dollars tax tree whereas many professional men are paying far larger ta taws s 's on their personal I service sei Income alone I I A gift girt tax he declared red still III be beI I urged as 08 serviceable In presenting pre slate estate h tu evasions lons Il BIG J COIPA S I By Dy making the undistributed profits tax retroactive tho the friends ot of such sueh legislation would hope Mr I I stated to to reach corporate I surpluses laid aside annually and afterward distributed in stock dh D Declaring th that t profiteering Is unlimited the statement advocat advocat- advocated advocated ed an excess ce s profits profit tax upon the enormous corporate pro profits tits that are escaping an ani excess pro profits tits t x today |