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Show Senator Proposes Tax Reduction Washington Tax reduction of even more than $300,000,000 was advocated by Senator Edge of New Jersey, a Republican Re-publican member of the senate finance committee, os a conference with President Pres-ident Coolidge. Senator Edge would raise the $300,000,000 limit suggested by other Republican leaders, and would consume all of the Jiropspective surplus in the reductions program, contrary to the policy of the treasury in saving a margin with which to work on. "I believe large surpluses," the New Jersoy senator said, "are too inviting of congressional experiment." He proposed that the 13 per cent corporation tax be cut at least 1 per cent or more. He believed the national na-tional surtax of 20 per cent should bo ret'dc-ert and nuisance taxes re- I pealed, but he favored retention of the levy on automobile pleasure cars. |