The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1921-10-06
TO UNITE PARTY
Republican Senators Propose
Compromise ON Tax Bill.
Leaders Meet With Senator
Capper to Draw Plans.
LODGE CONFERS WITH HARDING
Declares Manufacturers Sales
Tax May Have To Be Adopted.
Will Be Substitute for the Meas
ure Already Drawn.
LODGE CONFERS WITH HARDING

washington OCT. o."RepuDnCaI
leaders of the senate accepted today
the compromise tax revision program
agreed on at last nights meeting of a
group OF Republican senators, which
included Senator Lodge. Republican
leader of the upper chamber.
AT conference held today before
Senators Lodge, Penrose, Watson of
Indiana, Curtis of Kansas. Lenroot
and Mccormick. it was decided to
substitute the new Republican tax
program for the, pending revenue re.
Vision bill.
Washington, Oct. GA concerted
effort is being made by the Republican
leadership of the senate to bring about
an agreement on the tax revision bill,
Senator Lodge today advised President
Harding in conference which lasted
more than an hour.
Senator Lodge advised the president
that in order to consolidate the ma
jority membership of the senate on
the matter of tax revision. that COM
promises will have to be introduced in
the pending tax bill, and he predicted
that the manufacturers or sales tax
plan might have to be adopted. Sena-
tor Lodge refused to discuss various
proposals which he took up with the
president.
Compromise Is Proposed.
A compromise tax revision plan
which is expected to. solidify the di-
vided Republican majority of the SEN
ate win be submitted to President
Harding today by Senator Lodge, Re
publican leader.
The compromise, which will also
be presented to the senate finance
committee today as a substitute for
the pending tax bill. was worked oUt
and agreed to at a meeting late last
night of ten Republican senator's.
BESIDES Senator Lodge, there were
present most of the agricultural
bloc" Senator Capper of Kansas; Nc
Nary of Oregon, Mccormick of Illi-
nois, Kellogg of Minnesota. Lenroot
of Wisconsin, Stirling of South Da-
kota, Willis of Ohio. Harreld of Okla
homa. and eddie of Nevada.
The meeting was held at Senator
Capper's residence and lasted until a
late hour.
Details Are Agreed Upon.
Tho compromise agreed to embraces
the following essential provisions:
1. Retention of the higher income sur
taxes from 80 per cent downward. which
would impose maximum tax of IS per
cent on large incomes; the pending bill
provides for the abolition of all income
sur taxes above 81 per cent
2. Reduction of the lower sur-taxes from
% per cent downward. with sliding scale
that would permit the greatest reductions
to be made in those sur-taxes imposed
upon small incomes.
3. Repeal of the socalled nuisance taxes,
including candy, furs, jewelry, ice cream,
eyeglasses, sporting goods, etc.
4. Adoption Of the proposal of Senator
Calder, Republican, of New York. for a
tax of Sc 4 barrel on whistles withdrawn
from warehouses or bond.
8. Repeal of the excess profits tax as of
January 1, 1922. as provided by the pend
ing bill.
6. Retention of the capital stock instead
of its repeal as provided by the pending
bill.
Z. Repeal of the transportation taxes on
the Pullman. freight and passenger rates
instead of the retention of 80 per cent of
them provided by the pending bill.
S. Retention Of the 10 per cent tax on
corporations as provided in the peAding
bill The house bill fixed this tax at 1217
per cent.