The Washington herald., 1918-05-28

sumption taxes, should be included
in the bill. and that there should
not ben concentration upon the taxa
ton Of wealth. The Utah Senator
and Senator Simmons, too. feel that
/ every person in the country should
bear some part OF the war burden,
rather than that the larger propor-
ton should be placed upon wealth.
Senator Hiram w. johnson. of
California. taxes the stand that exr
cess profits must be taxed heavily.
1T is perfectly obvious, said he
yesterday" that the new bill will
impose on the excess profitE' Of
business q tax modelled along the
lines We fought for last fall. We
were defeated then. But the exi-
gencies of the war have brought our
opponents around to our view OF
the situation"
Senator Boies Penrose Of Penn
sylvania said:
II am going to look into the
financial situation, and Of course
/ shall attach great Importance to-
what the President has said. But
II Is odd to me that, while three
weeks ago II was said that there
would be no revenue legislation at
this session, the Secretary OF thet
Treasury and the Congressional
Committees have now decided a bill
lis. after all, necessary"
Lewis supports Wilson.
Qualification was expressed by Sem
ator Lewis of Illinois. the democratic
whip. that the President recommended
immediate legislation. The Senator be-
lieves that business might become un-
settled IL the matter were postponed.
''One can well imagine" said he.
that serious damage would be done.
not only to business interests, but to
the morale of the people as a whole,
by any indecision. or lack OF under
standing on the purposes and demands
of the new taxation.
81 am also pleased with the Presi- |
dents announcement that excess pro-
fits should be taxed. believe that /
revenue legislation should establish |
a fixed ratio of profits and everything |
above that margin should be taken"
'Vice-President Marshall, Senator |
Martin, the Democratic leader, and ]
Senator Pomerene Of Ohio all con-
tented themselves with saying they
expected to spend the summer here"
Senator Gallinger, the Republican |
leader said there is nothing TO do |
except to get the bill under way"
kItehIn q Good Soldier.
"The Commander in Chief has
spoken" said Chairman Kitchin, of
the House Ways and Means Com |
mittee. 81 approve entirely of his
desire for the heavy burden to fall !
on incomes and excess profits. Our
duty is to draw the bill as speedily |
as possible. and to give the Presi- |
dent the financial aid he deems nee
essary."
Representative GfIIett. Of Massa-
chusetts. acting Republican leader, !
said:
II am in agreement with the three
main propositions advanced by the
President. The chief burden GER
tainly should be on big incomes and
prof1ts. Republicans will give un-
hesitating and non-partisan support |
to the bill. and we hope the Demo-
Gratis will be equally free of par
tisanship and sectionalism."
Will Prevent Imitation.
Representative Hull, of Tennes-
see, author of the income tax: The
taxation plan will help prevent in
fation. will enforce economies, and |
permit a general tax-hxing policyI
which will put the nation on a.
strictly war basis. The keynote of
the message was fairness in taxa
ton"
Representative Longworth, oil
Ohio. Republican member of the
Ways and Means Committee: Il do
not like the idea of having a tax
bill drawn just before election.
when inevitably there must be
thoughts of reelection. / should
have preferred legislation when the
air was clear. But the President
has pointed the way. and we will
cooperate"
Representative Rainey, OF Illi-l
nois. Democratic member of the
ways and means Committee: Taxes
on incomes. luXuries and excess
profits will go as high as in all