Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1917-08-23
Those Who Receive Annually
More Than S500,0OO
Must Pay Heavily Toward
Support of War,
LA TOILETTE PLANS TO =.
MAKE CLEAN SWEEP
Wisconsin Statesman Has
Substitute for Bill That
Would Increase Levy on
individuals $723,616,OOO.

Washington, Aug. Senate sem
ument for higher taxation of incomes
and war profits was given initial eX-
preston today by rejection of finance
committee recommendation and ten
tative adoption Of provisions adding
$72,0O0,O00 to the war tax bills on
individuals incomes subjeCI to sur
tax.
After three days spirited discussion
of tax increases, the senate returned
to consideration of committee amend
ments and voted "a to for Senator
Gerry's amendment to greatly raise
surtaxes on incomes exceeding $780,
0Oo, estimated to secure $i6255, 900
more revenue. 1t was quickly follow
ed by voting with small majorities to
retain the house surtaxes on incomes
from $4,000 to $500, 900 including
the so-called Lenroot amendments.
This is estimated to add $26,l75, 600
in revenue.
La FOllette's Substitute.
As the revised house bill formerly
stood it was designed to raise from
individual 1ncoIres $417, 764, 900 in ad-
dition to the amount collected under
the present law When the senate
recessed tonight, there was pending
Senator La Follette's substitute, which
would increase the additional levy on
individual incomes to $723,616,000
The Wisconsin senator also has two
other tentative amendments in abey-
ance proposing levies aggregating re-
spectively $685. 900 and $505, $685.
900 as compared with $417,764,000
under the finance committees revis-
ion.
That the senates decisive stand for
increasing income rates may be the
forerunner of further material in
creases was admitted tonight by lead
ers opposing the drastic advances.
They predicted defeat of Senator La
Follettes amendments tomorrow, but
admitted that they would get large
vote. The sentiment for tax increases
is expected to result in bitter con-
Itot ONti tHc wal pIpIilS SSClibi.
Lodge Opposes Raises.
Preliminary to the initial voting on
the income tax section today, Senator
Lodge, republican member of the fl
nance committee, made a two-hour
speech in opposing increasing the
bills levies. Senator Townsend, an
other republican committee member,
however advocated an increase of $3,-
O00, 100000 to be secured by much
higher rates on war profits, incomes
and also from liquor, tobacco and a
few other articles including automo-
biles. The Michigan senator urged
taking eighty per cent of war profits.
Senator Lodge insisted that the bill
provides an ample proportion--over
thirty per cent-of this years war ex-
penses by taxation and should not be
increased so as 10 injure business.
= Lewis Charges Frauds.
Senator Lewis charged that the
frauds by wealthy persons defraud
ng the government of 10000, 900.
The individual income surtax rate
increases as tentatively approved to-
day range from one per cent on in
comes from $4,000 to $1,000 to fifty
per cent on those over 100000. Sen
itor La Follette's first amendment,
now under consideration proposes the
same minimum and maximum rates,
divisions for about one per cent addi-
.ional on each $1,000 over $1,000.