The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1917-08-23
SOAK BIG INCOMES
FOR $72,oo0,0O0 IN
ACTION BY| SENATE
STILL TO ACT ON
LA FOLLETTE'S PLAN
Bitter Fight Coming on War
Profits Section Of the.
Taxation Bill.

| WASHINGTON, Aug. 22.-Senste SEN
timent for higher taxation OF Incomes
and war profits was given initial expres-
sion today by rejection OF finance co"-
mittee recommendations and tentative
adoption Of provisions adding @72.ooo'-
900 to the war tax bills levy on indiVio-
uals' incomes subject to sur-tax
After three days spirited discussion
! of tax increases. the senate returned "
! consideration Of committee anenu-
ments. and voted - to for Senator
Garry's amendment to greatly raise sur
taxes on incomes exceeding 16ooooo'
estIrnatcd TO secure $46,226.00O moro
revenue. 1t quickly followed by Vot-
ing with small majorities. to retain the
house sur-taxes on incomes from soo'-
| 900 to $4,000 including the. so-called
Lenroot amendments. This Is estimated
to add s26.175, 900 in revenue.
LaTouetts's Substitute
As the revised house bill formerly
stood. II was designed to raise from IN
dividual incomes $4l7.764.o00 in addition
70 the amount collected under the pres
ent law. When the senate recessed
tonight, there was pending Senator La
Follette's substitute. which would In
crease the additional levy on Individual
! incomes to $f33.6l6.00o. The Wisconsin
! senator also has two other tentative
amendments in allegiance proposing lev
les. aggregating respectively S65S.fS1.-
/ 00n and s505.82S.ooo. as compared with
s4l7,764,0O0 under the finance commit
tees revision.
That the senate's decisive stand for
increasing income rates may be the
! forerunner of further material Increases
was admitted tonight by leaders oppos-
! ing drastic advances. They predicted
defeat Of Senator LaFollette's amend
ments tomorrow. but admitted that they
would get a large vote. The sentiment
! for tax increases is expected to result
; In a bitter contest over the war profits
section, to be taken up next.
Lodges Speech
Preliminary to the initial voting on
tho income tax section today. Senator
! Lodge. Republican member OF the nm
ance committee. made a two-hour speech
! in opposition to increasing the oils
! levies Senator Townsend. another
| Republican committee member. however
advocated an Increase to s3,0on, oOo, 900
to be secured by much higher rates on
war profits. incomes and also from llo-
uor. tobacco and few other articles
including automobiles. The Michigan
senator urged taking 80 per cent Of war
proflts.
Rates Arc Boosted.
The individual income sur-tax rate
increases. as tentatively approved to-
day range from one per cent on incomes
from $4,000 to $500 to so per cent on
those over S50000O. Senator LaFol-
| lettes first amendment. now under con-
sideration. proposes the same minimum
and maximum rates. but also for many
more taxable suh-divisions-tor about
one per cent additional on each $1,000
over $1,000.
The Lenroot amendments retained by
the senate on test votes of 35 to 80 and
| 81 to 26, make q flat increase Of 25 per
cent on the sur-taxes on incomes over
$50, 900. After the two test votes. Ser
ator Simmons. chairman Of the finance
committee. ceased further opposition
| and said the senate had amply man.
tested It's determination to retain the
Lenroot rates
Prospects Of final vote on the tax
bill being delayed until next week today
caused house leaders to revise their
tentative arrangements TO have the
house resume its regular sessions next
Monday They will begin following
passage Of the revenue bill