Show SIGNING OF I REVENUE BILL With the signing of the revenue bill by the president a a big big cut In In taxes Is 18 made r The Income tax will wUl be reduced but the tha th Income tax will 1 continuo continue to be a big part or of orthe the revenue of the federal govern govern- government government ment which will receive from that source OO That I Is a great sum of ot money to to collect from the producers and In th years eara gone cone by would have been looked upon as aa a tax so great as asto asto asto to be destructive Taxes Taxes w which has hu been done away with are Gift GUt tax W auto trucks tires Ures patti and accessories cameras and lenses photographers films and plates firearms and ammunition smokers articles automobile slot elot machines mali mah man Jonge jong sets works ot of art art jewelry brokers tax tn bowl bowling ing tag alleys pool and billiard tables shooting galleries riding acad academies emles aut autos s for hire tobacco manufacturers use uso of yachts opium dispensers deeds and con Admissions and dues are cut cutI though In conference the 10 per perI percent percent I tent cent Is retained on admissions I ot of 75 cents cente and over The total estimated reduction will be which Is Ia far above the tho cut planned by the treasury department and advocated advocated by the administration The reduction Is so large that President President dent Coolidge fears tears a treasury def def- defIcit def def- deficit ici of The people generally are In fa- fa favor fa favor vor of ot the largest possible cutting oft off of taxes Now It Is 15 for con con- co gress gross to within the figures set as the Ibe total ot of revenue The have at dis dis- disposal disposal disposal which should be sufficient to take care of the necessary ex- ex expenditures expenditures ex expenditures of government plus a liberal allowance for tor the pork bar bar- bartel barrel tel rel s |