The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1921-07-25
Big Problem
In Taxation
Hope For TaA Reduction
By Federal Government
Now Abandoned
BY DAVID LAWRENCE.
NIoPYr. sh. b. Tae Iatel!sencscD

VashsnstoH. July :l-TaNeS - 'Ha
'ra- 1927. wh.Ha mus - 7a,d rex
March. W.. &c :cduced >.sA;.v. =: a,
a.
ras PAINFUL ruth ,ha: at,-- a. N.
,-!H aaog, econnrrv ~ American tax
paye- ~Ii. no, oe I'd 81 -. ca burden.
: i: .ast helas Admitted = 'raIsrs of
tHe Republican, party So'-"'Ir' Mellon.
GO re treasury :tia-':r,"'. ~ ne one
hard haS tod he "g'. AL :'sarS co7,-
w.,rCt q, - H~gsr ~, iuiE:rS by
pha: has happened thu Ia .uMv 'or-
h....o:- dollars n -SverV" wi De needed
20 run the government. a2t Sera;o-
serrcSe hAs lG,!n,a:ed. or the other
rAnG. that &c had LIKE hope 81 Seeins
axes reduced. u viii be rcmsmhertd
TIA: Secretary Houston. 0: ms Dem g.
cat Administration. tcld the country
!as, wear tha, h" did cot believe GOV
eminent expenses could Be CT. below
.nur o!.Mon. and ,hat. therefore. al.
promises ot lover taxation were IL
warranted
NO Lower TAxAHcr.
So Republican Secreca.v 81 re
treasury row aEras5 With Deraocrat!c
secretary OF the treasury n narias
:ou- billion dol!Ars as the government
budget. and all hopes or lower taxation
are Eo:nS asl!ame-IHs. NJ. Mellon has
Sone a step further BY re!i!ag the Re
publican ways and means committee
another pa!nfu! fact. namely. that the
,ay.r BIZ. about which thers has been
- much controversy and which has JUS;
PASSED re house. Will not weld more
,ra- tour hundred and htty million do:-
.a-s annually. and perhaps less. Org
.na.!v :; has been estimated that the
rev tar,H would furnish six hundred
rn.!!!oa dollars. Thus he For d
,a.:R rlll bring only about one tenth o.
The ,ota! revenue needed 70 run the
government There vas time when
tariff bill would yleld about hall the
-evtnue o. tho government but that
was when the United States sovernnen,
could be managed with a single billion
dollars
Secretary Nelon's statement tha:
,he now tariT would yield only one tenth
Ct the revenue asked is gentle hint
% congress that means must stIl oe
provided 20 ra.se the other nine 'entAS'
~arsly. three and a hall bilhcn dollars.
10 Definite Plans.
u7u. the excess proht tax will be re-
oea,ed the truth Is that particular pro
,.,s.o, Of the excess revenue Law has
bee, automaticall repealed ey business
conditions. and the only adSantaSe IN
ac..ally taking I OF the statute noo@S
u,k IN stimulating American business
N,.arpr,S- wh.rh NaS hitherto oeen re-
s,-ained .. Lhe excess pro1tS ,aA. TIM :.
.. Nas Been -sa,}Zed FOR some tTe ina
- p,ace Of the excess p-oh.> An even
O., ro, repealed some better means %
-..s,nx money vas necessary. No d.
tnt,a pAn has a. ye: been worked ou'
rsA ois fac. however. = that. lNStead
~ ta1 redu, Ton. there WILL De tax re-
adjustment This means that the our
G.r or the tax payers as 4 "no'e vi.
,.ra., the same. bu. that the taxes WILL
ha c,rrersntiv distributed The question
- whether this distribution VII! tat'
,sss heavily on ,hs biz corporations ana
,,ors heavily on the smaller incomes -
i ~,ru,, 20 >e;tis. because congress 5
{ ,o,,,ical body and the congressional!
,,e..ors are ~ot so far away the he
nuhl,cans would ike % repeal IN" 'aAe@
~ So. d-lnks ard uTcn trans nscort"ton'
,rL,,e a, the SAINT tIrre. increasing some
.. ,As ,aAss m BUSINESS aid product'"H'
-, rhrv are ror'-on'ef. On the one
sar4 =. the GeS!rH - rSle'e me Snn"''
,ar revsr. and o2 tho other Nand. oy
40 LroU,eGre ,ha. er"Horri" conditions
Inns, be much improved. or Hnom1'"F'
,,e,, t.:r,rlsrt4. unless Nmt-'ra3 ouS'-
,ss ,-cc from me restraints - "'sT
raXa::cn.