The Dawson news. (Dawson, Ga.) 1889-current, 1921-08-09
FEW CHANGES IN
NEW REVENUE ACT
,or Turns DEAF EAR TO
fFlosoTIEs AND LUXURY DEAL
MUS AS TO TAX ACT.

,r,cHTNGTON, D. .C.-President
wa n"r having taken over the lead
, IT, IN congress, is now faced with
f'' problem OF breaking down ,Ia, the o. op-
O'"D lives Of agriculture and labor.
esSI ras SUCCESSFULLY undertaken this
~ connection with the farm group
~ senate, by ordering the Norris
ny ~ aid farmers amended SO as to
~ the functions of making loans
ts,mers in the war finance corpora
e Tt. real test of his courage and lead
l liz will come during August when
sFsnlp w." and means committee, acting
N wG 5;s suggestions, reports the rev.
Rpaei Iii III This measure will eliminate
sPue .' ur profits tax and reduce the
"a sN incomes from II per cent to
'Snt 40 per cent.
Cause for Worry.
r.,rino that the farm group in the
.rss mi numbering 80, and the labor
e sso If Is members will combine to
| oup changes in the war revenue
p0' President Harding has been in
e,od that his influence must be ex-
ad d' N ameliorate these discontinued
g,6ons II there should be a solid
smbination of these two groups in the
a n,PI party, with the democrats
the bopse who intend to vote solid
, anainst the revenue bill, trouble in
L4;ng quick action and bill in ac-
hi with the administrators views
i L pretty we'll settled that there
In he no shifting OF the tax burden
The bill upon which the ways and
.ans committee will discontinue pub
4 hearings and begin the actual prep
E.ton thereof this week. The excess
Fofts tax will be eliminated and the
h which should come from corpora
In in lieu of this elimination will be
Faced upon the net incomes OF corpor-
Enns. The present tax will be lncreas-
4 rom 10 to Is per cent and the ex-
|mtion of $1,000 now allowed remov-
A The surtaxes will be reduced.
Drop Soda Tax.
There will be slight changes in the
|ssportation taxes and the soda tax
IN be dropped. No attempt will be
bsde TO find new taxes other than the
Ireasing Of the corporation tax. The
Dmmittee does not look with favor
bon an increase in the postage rates
That is, to increase letter postage
pm 2 to 3 cents. In order to prevent
pposing new taxes and repeating 9th
4 the bill will not raise as much
pney as required by the secretary OF
4 treasury.
Everyone wants to, have the tax
sirden shifted from his shoulders to-
bose of others. That IS the tenor OF
he testimony which is beng per-
Encoriy offered before the ways and
beans committee. Jacob R. Hoffman,
presenting the national committee
the fur industry, on Friday urged
bat the 10 per cent tax on furs be
lpeaed, and A. Brady and Saul +.
logers, of New York, and others in
Erested in the movie picture business
bid it could not longer afford to pay
be federal taxes. They wanted the fed
raj tax OF S per cent on film sales, a
per cent admission tax and a levy
rom $50 to $3.50 on seating capacity
theatres repealed.
Theatres Hit Hard.
-Four thousand movie houses
hroughout the country have closed
Ieir doors during the last year." said
IT. Rogers. Legitimate theatres real
exist in only six of the largest cities
the country. Only one-third OF the
bowie studios are operating"
Ninety per cent of the actors OF
be country now are walking the
EleetS, said Mr.. Brady. Only one
Eovie producer was able to pay div
f'nd last year. High salaries have. dis
Fpeared The days of the Pickford-
'abanks-C Chaplin salaries have pass
Mr.. Rogers revealed that Chaplin's
parry in one year was $1,20O,000, in
hiding royalties, while the producers
lade $l,500,000 selling the films.