Bisbee daily review., 1917-07-29
MAY INCREASE
 WAR TAX BILL
 10. Z BILLION
Largest Part of Proposed Raise in Revenue Measure Will Come From Higher Income Taxes During War.
(By Review Leased wire.)

| W finance committee reported Il " tentative agreement late today
 to revise the present $1.670,- COG, 900 war tax bill so as to raise at least s1,943, 100000. the larger part of the increase to come from higher in- come taxes.
 Members of the committee said to- night it is possible the total of the bill before it gets to the senate will be s2,- OOO. O.000. 900. According to the present plan about s230,O0O. 900 of the increase will be obtained through higher in- come tax rates-$70, ,000.0 900 from in- dividuals and the rest from corpora tions. The committee fixed an in crease in the normal rate on individ- uals from two to five per cent and on corporations to six per cent The rest of the increase may be obtained by in- creasing the excess profits tax and by consumption taxes on sugar, tea, coffee and cocoa.
 Under the program s1.062, 700 GOO WOuAu OC lnC lOtdl iCfs liilo year upOl incomes. The present law yields s3OO,- O00. 900, the pending bill originally was designed to increase this by s532, ,70O.- 0O6 and the s23O.0O0.OoO additional it is now proposed to levy would raise 1t over the billion mark.
 The senate committee will confine its work for the present to the present war tax bill and will leave to the house the task of raising the rest of the s7,000, 100000 the. administration believes it must have to prosecute the war this year. Ma. .Pri'y. Leader Kitcii- in, of the house, was in conference with the senate committee today, and this decision was reached as a result of his contention that the house might resent any senatorial infringement on it's constitutional prerogative of insti- tuting revenue legislation. Whether the house will prefer to authorize $5,- O0,000,000 in bonds or treasury cer- tificates to supplement the $2.OO0, ,O0O,- 900 the senate is providing. will not be determined until next week.
 The decision today to leave the house the task of providing s5,OO0, ,OO0,- 900 additional promised greatly to ex- pedite senate action on the pending revenue bill. Senator Simmons said the committee plans to complete It's revision Tuesday and report the bill to the senate for beginning of debate the latter part of next week.
 Senator Simmons said tonight there is no immediate necessity for the sen ate to consider revenue questions be- yond the bill, there being ample funds to meet all calls until December.
 The committees agreement to in- crease income taxes by $230, 0,O00. .000 in increasing the pending tax bill from s1,67O,000,000 to at least $1,943. .000,- 900 was said to be based upon belief that the bulk of the increase had come from incomes rather than war profits already heavily taxed in the bill.
 The committee gave much time to discussing reconsideration of the amendment. already written into the bill, levying a tax of fifteen per cent upon corporations undivided or un- disturbed surplus. This is known as the amendment of Senator Jones of New Mexico. and has been vigorously opposed by corporations. There was much opposition to changing this sec tion.