Tulsa daily world. [volume] (Tulsa, Indian Territory [Okla.]) 1905-1919, 1913-06-25
RADICAL CHANGES
IN INCOME TAX
VI INCOMES OVER $4,000 WILL
BIt TNNED UNDER TIlI,
NIM rLNN.
WOOL AND SUGAR DEBATE
Caucus VIII Vote ON The Two Fight
lug schedules Late This NJ
icTnoOn sure


NASIINGTON. Junc ei.-Eadical
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oi the Administrative features "l lh'
measure {" overcome most of the OBJ
jccIions raised 10y foreign movements
we're agreed upon In a tentative way
today hy the democratic members of
tho senate finance committee.
Tho Income tax under the new plan
would apply to Individual Incomes
over $4,000 but would make import
ant exemptions for individuals, munl-
dpalitios. civic bodies ana mutual in
7uiancr companies
Changes In the administrative Sec
tons include new provision giving
the president authority to- Increase
duties against certain foreign articles
coming from countries that dis'rlm-
nate against the United states.
Protested Provisions Killed.
rno n,..n,.,d fi., NOR cont ,,,rc.s,
T.. a.. t.,ri,r .,, o,,5s i.r,n,,ht In
Au,.ric..n .ni,,y. u,o anti du,,pir,
clans. and the nrovisiou piyng INIT.
ed states authorities "inquisltorial
powers to examine books Of foreign
manufacturers when the valuation of
goods is in dispute, were stricken out.
These provisions brought protests
! from many of the foreign nations.
Democrats of the committee made
1t clear today that some further
/ changes might be made in the income
/ tax and administrative sections before
/ they were reported to the senate
| caucus, but the revised sections as
! made public today are expected 10
stand With but little alteration until
the caucus reaches them.
Senate democrats in caucus on the
bin spent the entire day ON wool ana
sugar Just before adjournment to-
night Chairman Simmons Of the fin
arcc committee secured AN agreement
t. vote upon both not later than four
O'Clock tooirow No amendment to
| the free wool provision has been Of
/ fcrcd, but the majority senators Will
/ have AN opportunity to express their
| opinions on two sugar amendments.
Two Sugar Amendments.
o.,,o,., ch,sro,t, ofror,d g. g,v tho
r,to ot r,o ord 90 thr,o ,.,rs -
oIo,t ana hoIr c,,, no,,rd n,g,o,d
80 ,ho froo I,st nro,.igi,,, rnn. in ,ho
hin Thon senator Tborr,on offorod
the second amendment to provide
that rates remain as they are In the
Tayne-Aldrich act
1t was regarded as probable that
the anti-frees ugar men would get to-
gether tomorrow before the vote is
taken and decide to concentrate their
support behind one amendment, II
the other is beaten Leaders Of the
majority were confident that despite
| the oratory against free sugar It
would be retained in the bill and that
only the two Louisiana senators
would be found opposed to 1t when
the measure reached the senate.
Under the proposed new form OF
| the income tax, an additional cxcmp-
tion of $1,000 would be allowed TO
married men or married women with
| dependent wives and husbands, not
taxable under this law and $500
would be added for each dependent
child living with and dependent upon
the taxable parent In case Of both
parties being taxable however, no ex-
emptlon for children would apply
Exer,ni Jnsur,nca Inmn,nIns
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