Show I 1 EER washington D C april uth the house ot of representatives had to have first crac crack k at the new tax bill under the provision of the federal constitution that all bills lor in raisin raising 9 bevenue must originate in the lower house what the new tax bill will look like when the senate gets through with it Is something else again there Is no doubt whatever that the fight tor for the general gal sales es tax will be resumed in the senate and the probability babi lity Is that some of the estimates of revenue made by the house will be changed when the tha bill gets into conference there Is a difference ot of opinion between the treasury department and the low lower r house of congress as to whether the tax bill as adopted by the tha house will raise as much revenue as house leaders c laim claim it will the house says that it has cut 2 off from the appropriations for the me next fiscal year which begins july the treasury says the cuts amount to only tl so 0 there Is a difference ot of between them right here and the secretary ot of t the he treasury tress u ry says ys that the house Is at least out ot of the way in its estimate of what the new taxes will pro all of those things will be ironed out it if n not 0 t in the senate then to in the conference fere n ce on the bill between of 0 th the two houses one certain certai I thing that when when they are all i we have a federal tax bill ahl which 9 i enough money to keep the government running tor for another year without a deficit the biggest single item ot of revenue the new tax bill Is the individual income tax which has been raised to point where anybody whose income Is over a year will have to pay 40 out ot of each to the federal government as a surtax above the normal tax but even when we add state income taxes which are in effect in most ot of the states where the people with large incomes live any american with an income ot of less than a year will pay in income taxes less than similar incomes are taxed in great britain in england the income taxes begin on incomes of 2000 on which the tax Is anyone earning a year in england pays in taxes v while hile in the united states the highest combination ot of federal and state taxes on a net income Is only 52 the individual with an income ot of a quarter of 0 a million dollars in england pays more than halt half ot of it or in income tax under the new federal law he would pay in income tax on a income the house did leave a lot ot of sales taxes in the revenue bill they are taxes on r sales ales of produce admissions to places ot of amusement on lubricating oil telegraph and telephone messages cosmetics furs jewelry sporting goods and cameras beverages matches chewing gum radios and phonographs mechanical refrigerators aut automobiles i and accessories candy motor boats firearms and shells and numerous other items this list may be increased by the senate but there Is one point upon which there seems to be a little difference ot of opinion that point la is letter postage it Is on the cards very definitely that the two cent stamp will be retired to the shelf and the three cent stamp substituted as in war times letter posts postage 19 e was reduced forty nine years ago from three cents to two and it has been increased only twice since then once during the spanish american war for a short time and then during the world war politically 0 1 1 ly speaking only two men mea have gain atlea out ot of the rows and gained e d any n y prestige discussions in congress so EO lar far one ot these is representative lagua laguardia adla ardla republican of 0 new york who demonstrated an unsuspected ability at leadership in organizing and conducting the revolt against the sales tax the other la Is speaker john N X garner democrat of 0 texas who pulled his shattered forces together and rallied them to the battle cry of balance the budget at a moment nent when it looked as if party discipline in the house had bad been completely wrecked garner Is going to have a lot of votes in the democratic national convention for the presidential nomination while governor roosevelt of new york Is still in the lead and gaining he has no stranglehold strangle hold on the nomination as yet there Is a considerable revival ot of the talk of a roosevelt and garner ticket that is all interesting speculation but nobody Is in a position to make any definite predictions up to now the proposed tax on beer accompanied by the proposal to permit the selling and brewing ot of beer with a content ol of 4 per cent died borning a but u unless the senate changes it the new ta tax bill will provide tor for a 35 per cent tax on malt and other items used in the manufacture anil ot of home br brew ew and on grape co concentrate maybe those taxes will raise a lot of revenue maybe not at any rate they will give a key to the actual consumption of home br brewed e wed v beer and ale and homemade w wines jnes in the united states the wets think there Is an awful lot of those commod commodities atlea being manufactured the drys think that the volume Is greatly exaggerated ag putting a tax on those things will furnish some exact statistics for the first time since prohibition went into effect i see the beautiful virgin pines yeah and I 1 know what ashes pining lor for ja jaa i A 41 aw aw proud mother yes tea iles hes a year old now and hes been walking sin since e he was eight months bored visitor really he must be awfully tied |