The Birmingham age-herald., 1921-08-14
HOUSE COMMITTEE COMPLETES REVISE
 OF 1918 TAX LAW
(Continued From Page one.)

(Continued From Page one.)
 uals from investments in building and loan associations, effective Jar . uary 1, 1921.
 Repeal of the tax on fountain drinks and ice cream and the substi- tuition of a flat tax of 10 cents a gallon on all fountain syrups, to tc paid direct by the manufacturer or
 maker, effective upon enactment of the bill
 Repeal of the stamp taxes-on per fumes, extracts, tooth paste and other toilet preparations. and pro prietary medicines and the substitu- ton of q manufacturers tax of per cent on the sale prices. effective on the enactment Of the bill. Grape Juice Tax Substitution of q manufacturera'
 tax of 2 cents gallon for the pres ent 10 per cent on the sale price of unfermented juice beverages, and carbonated waters or beverages or other soft drinks sold in containers. effective on the enactment of the biil. Reduction in the manufacturers tax on candy from to 3 per cent. the manufacturers taxes on furs from l.1O to 5 per cent. and on sportir g goods from 10 to 5 per cent, and the levy on art and art works from 10 to , per cent, effective on the enact- ment of the bill.
 Imposition of manufacturers tax of cents a gallon on certain classes of grape juice and 2 cents a gallon on other classes, in lieu of the pres ent tax of 10 per cent on the manu- facturers selling prices, effective on enactment of the bill
 The levying of cents a pound on carbonic acid gas sold to manufac- turers of carbonated gases, effective on enactment of the bill Numerous changes also were made in the administration features of the present law on recommendation of treasury experts. They included in- sertion of a provision authorizing the secretary of the treasury to settle disputes over back taxes with resort to the courts. In effect there would be set up q tribunal to pass on such clai ms and the time for their settle ment would be reduced from to 2, years except that the secretary of 1.-the treA sury should extend the time within his discretion.
 Will Simplify Collection
 Treasury experts and members of the committee believe that this pro !, vision will greatly simplify the task | of collecting the taxes now in dis | pute estimated to total approximately
 s1,500 900, 900.
 II Another change in the administra- tive features would give the secre- tary authority to call in represen
 tatives of the tax payers In framing new tax return forms in an effort to simplify these.
 Il In passing finally upon the various changes in levies the majority men- bers of the committee rejected all oi trfe treasury suggestions for new
 taxes and also the proposal that tne income surtax rates be reduced to -l
 per cent effective next January : The republican committeeman als1
 went further in revising levies than
 was suggested at the White House
 conference.
 The bill as drawn will be subject
 to change by the republican confer I ence which is to decide upon rule l Monday for it's consideration by the
 House, but members of the commit
 tee do not anticipate any material alterations. The measure will be coa-
 sidered by the full ways and means
 committee. that is, with the dem
 ocrats present, on Tuesday, and put
 in final shape for House considera-
 ton, which will begin on Wednesday, l probably at II a. m.