Show tax reduction bill in sight washington dial the ll 11 p democrats Dem are aie getting redd ready for it a tax r reduction duo tion fight nl at tile the approaching short session of congress on Kress was wal given when tile the ranking democratic members niom bera of the senate and house committees which shape tax bills agreed on a basic plan of action out of a meeting between sen sell ator furnifold simmons of the senate finance committee t nad add representative jorn garner of the house ways and means committee came a concrete proposal tor for a permanent to tax x rea I 1 c lion of which may ile be in creased to it would IN mild cur tall the he corporation income tax ail front from 1312 13 vt per rent cent to I 1 per cent or even loss less would wipe out file lie exi ellse ISO taxes ais I 1 and d per perlian liap slightly in modify tit hie to I 1 bacco tax anil and lonor all on 1 in cornea comes between und 10 |