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Show J uu M TAXES IE 1CKF1 All Above $200,000 Advanced, Ad-vanced, With Maximum of 75 Per Cent. WASHINGTON, Aug. 5. Surtaxes on all incomes above $200,000 were increased in-creased wth a maximum of 75 per cent on all above ?5,000,000 by the house wavs and means committee today in its consideration of the S,000,000,000 revenue bill. Incomes between $200,000 and $300,000 will pay 55 per cent surtax, sur-tax, Instead of the 52 per cent heretofore hereto-fore planned; incomes of $500,000 to $500,000, 60 per cent Instead of 5S; $500,000 to $1,000,000, 65 per cent in- litl stead of 63; $1,000,000 to $5,000,000 60 ! per cent and all above $5,000,000 75 i H per cent instead of 65 percent and alJ. j above $5,000,000, 75 per cent instead oi j 65 per cent as at present. f Speaking for the treasury depart- ' ment, R. C. LefTingwell, assistant sec- J ilH retary in charge of the internal reve- ; nue, advised the committco in favor of j Pl the English system of both excess inH profits and alternative war profits 1 taxes, tho treasurer to apply which- i ever plan promises the greater reve- . nuo in each case. He proposed leaving 5 f tho excess profits plan as tentatively j agreed upon and adding the provision ifcl for the alternative plan to reach war HfH profits. T. S. Adams, a treasury tax H expert, gave similar views. 1 IH Tho luxuries report submitted today hi lists two groups of articles, ono alto- i ffl gether luxuries and the other in part I RH luxuries. As to the first group, the I'H committee recommended a 10 per cent ! HI tax on retail sales and on the other it j M suggested that the sub-committee tiM should havo several weeks to deter- Dill mine its final recommendations. lill The full committee today took no Ipll final action on the first group. It re- H f erred to the sub -committee the qucs- 111 tion as to method of levying the lux- Iffl ury taxes and final recommendations Ii fH on the whole subject, indicating some v H sentiment that jewelry ought to be f H subjected to a manufacturers' tax in- ;H stead of a retail sales tax. The sub- q H committee will make a final report ( |