The Bennington evening banner. (Bennington, Vt.) 19??-1961, 1921-08-09
SOME BURDENS
OF TAXATION To
Be TAKEN AWAY
List Includes Taxes on Ice Cream
and Soda Water
also THE LUXURIEs TAXES
Proposed to Also Reduce Taxes
On Sporting Goods and a
Few Other Articles

Washington, Aug. s. Agreement to
eliminate the taxes on fountain drinks
and ice cream and the so cal ed luxury
taxes on wearing apparel is under
stood to have been reached today by
Republican members of the House
Ways and Means Committee, sitting
in executive session. A reduction Of
one-half in the ten per cent. levy on
sporting goods also is said to have
been agreed upon.
The total loss OF revenue from these
proosed chaneIs won d be slightly
less than $50,000,00O, and the reduc
tions are the first to be passed upon
by the majority members in their eff
fort to carry out the announced pro
gram Of Republican House leaders to
cut half billion dollars from the ma
ton $ tax bill
The wearing apparel levies pro
posed for repeal are ten per cent. OF
the amount by which the cost of.
Womens and misses hats, bonnets
and hoods exceed SIS each; womens
and misses silk stockings or hose
exceed So per pair: mems, womens.
misses and boys boots, shoes. pumps
and slippers exceed $40 per pair;
mems and boys silk stockings or
hose exceed 81 per par; mems shirts
exceed SO each; mems and boys hats
exceed So each; mems and boys caps
exceed 81 each. mems aud boys
neckties and neckwear exceed 81
each; mems women's, misses and
boys pajamas, nightgOwns and pun
derwear exceed s5 each; kimons,
petticoats and waists exceed ISLE
each: mems waistcoats. sold separate
lly from suits, exceed SIS each; and
house or smoking coats or jackets
and bathrobes or lounging robes ex
coed $500 each.
Repeal of the fal per cent. tax
on carbonated bottled beverages
which II collected and paid by the
manufacturer monthly asso was dis
cussed at the meeting. and favor
able action was predicted by some
members Of the committee, who ar
gued that it was not fair to remove
the tax on drinks at fountains in the
cities and retain the levy on the bot
tied goods sold largely in the rural
districts.
The big problem is to be
determination of the cuts to be made
in present taxes There are almost
as many views, at least, on some
parts of the subject as there are
members OF the committee, and it
Is beieved that the harmonizing OF
these will require some little time
One d ference reyolves around
the transportation tax. Some com
mitteemen favor immediate repeal
of all of this levy, while others be-
lieve it will be the part OF wis
dom to follow the treasury sugges
tion that one.half be cut off now
and the remainder next year.
Treasury suggestions for new
taxes, except possibly an increased
levy on cigarettes and tobacco pro
duets. appear to have few supporters,
II has been explained. however that
to revise or repeal some of the taxes
regarded as particu arly Objectionable
or burdensome II might be necessary
to impose some new or additional lev.
les
These questions together with
that of whether the excess profit
tax is to be repealed as of last Jan
uary /, or next January 7, remain to
be worked out Irrespective of the
effective. date of the excess profits
repeal and the substitution of an ad-
ditional five per cent tax on corpor.
alton income. treasury experts have
estimated that the proporat ons will
pay approximately $3.50 100000 less
than during the next fiscal year un-
der this revision than they would
under the present law. Allowing
for the expected shrinkage in cor
poration returns as a result of bus
mess depression, treasury officials
have figured that the corporations
would pay S9OO,OOO,0OO in the fiscal
year 1928. under the present law
and approximately $3.50 100000 under
the proposed revision With the re-
vision effective as of last January
1. IL Is estimated that the return
would be S74S,OOO,OO0 as income tax
and with it effective as of next Jan
nary /. Il would be $754.000000 of
which $552 10000 would be income
tax.