Norwich bulletin., 1921-09-15
SENATE TAX BILL WILL DIFFER
 WIDELY FROM THAT OF HOUSE

Washington, Sept. 14-Many house proposals for tax changes were re- jected or sharply modified today by the senate finance committee. Proba bly, the most far reaching decision of the committee was that to restore all transportation taxes, but with those on freight, passenger and Pullman ac- commodations in force only for 1922 and at half the present rates. The house bill provided for repeal of all of these levies on next January l. While agreeing to the house plan to repeal stamp taxes on perfumes, cosmetics, toilet preparations and pro- prietary medicines, the committee vot- i ed to impost manufacturers tax of per cent on toilet articles and per cent on proprietary medicines, and to i restore the three per cent tax on l toilet soaps and powders which the | house bill proposed to repeal
 Five per cent reductions in the tax
 es on fur articles motor boats and ! yachts, portable electric fans and works of art agreed upon by the pre-
 sent rate of 10 per cent in each case.
 The section of the house bill reduc- ing the tax on candy from per. cent
 to 3 per cent was amended to pro-
 vide that candy sold at wholesale for | IIlOIG tIldu 1OIly CGulS d puma SlOulQ
 bear a tax of 10 per cent
 In accepting the house reduction
 from 10 per cent to 5 per cent in the
 tax on sporting goods, the committee
 decided to make taxable skates, snow
 shoes, skis, toboggans, and baseball
 football and basket ball equipmen
 which were eliminated by the house
 Under new section added to the
 house bill, the committee proposed that
 the tax on chewing gum be reduced
 from three per cent to two per cent The house measure made no change in this levy.
 The house provision repeating al | of the so-called luxury taxes was ac. cepted, but the committee deferred ac l tion on the proposal to impose a man. !, ufacturers tax on a number of tn, articles on which a, retail tax is nov T imposed
 T Sections of the house bill accepted
 without change included those relat g ing to taxes on cereal beverages an, e soft drinks; repeating the tax on ey . glasses and spectacles; eliminating tn : Incense levieS on yachts and moto - boats of not more than five tons o t not over g feet in length, and impos e ing tax of ten per cent on camer l. lenses. The beverage tax changes wer
 accepted, however, subject to possibl d amendment after further informa tio r on this subject has been furnished b II treasury experts.
 Nhlie the senate committee was re 't Vlslng the house mea sure, representa- d tives. of manufa curing interests i u conference here decided to suppor g and work for a tax revision program 7r substantially the same as that whic $ Senator Shoot, of Utah, a republj IS can member of the finance committe p- has announced he will offer as a sui u stitute for the pending measure. Tn 'e main features of this programe are III Enactment of a new general manu X. lecturers tax:
 v Retention of present income taxes c individuals, with revision of sur-taxe
 detention of the present income ts ,v of 10 per cent on corporations, y Retention of existing taxes OH tobat IL co. narcotics and oleomargarine,
 Retention of existing inheritan, a. taxes. nt Revised estimates as to savings pr, oa missed by the several departments f. - this fiscal year were submitted to il ar committee by Director Dawes inc il ms dlcated savings being reduced fro ,st S35O,0O0, 900 to $305, 900 OO0
 Cnder the revised estimates the w nt department would spend S39O 900 n n- ends @ tlscal year, the shipping boa ,al $4VO,oOO,0OO and the outgo for the raj
 roads would be $456, 900 O0O
 ow NO estimates was made of a redn a tlon Tor the navy department whi iIk MT. Dawes said was still under advis a,A arN ment. ''-'104 AoF 4S