Norwich bulletin., 1921-11-17
Sur-Tax Rate Comes
Before House Today
With a Vote on the Senate
Amendment Fixing Maxi
mum Rate at SO Per Cent.

Washington, Nov. 16.-The big issue
in the tax revision bill-the senate
amendment fixing the maximum sur
tax rate at so per CENTS to come to
a vote tomorrow in he house.
Spokesman for the ''insurgent'' re-
publican and the democratic minority
expressed confidence that they could
muster the necessary votes to keep the
high rates in the bill.
Chairman Campbell of the rules
committee said tonight that the vote
would be under rule Inning debate o
wo hours an dsinuring decision de-
cision on the straight out issue of ac-
cepting the senate amendment. This
was requested by he leaders of 'in-
surgent' groups, who said they did not
want the issue confused with motion
first in instruct the conferees to agree
on a maximum other than the fifty per
cent
Should the proposition TO accepS
the senate be voted down, the house
then could agree on a compromise t1g-
ure or permit the conferees to resume
negotiations with the senate managers
without ufrther Instructions.
After the house has expressed Itself
on the sur tax amendment, the con-
ferees will proceed to dispose of the
other high spots" in the bill, which
include the corporation income tax; the
increased estate tax; the tax on gifts
of property, the levies on medicinal
beer, wine and whiskey, he repeal OF
| the $1,000 normal exemption to corpor-
ations except where the capital sock
| is SIS, 600 or less, he treatment of in
surance companies oher than life and
the amendments defining capital gain
| and loss.
AT their sessions today the confereeS
agreed to senate amend striking oui
original house provisions for the eX-
emption from the income tax of income
received by foreign traders and foreign
trade corporations from sources out
side the United States.
The managers also agreed on thu
senate amendment repeating the tai
on parcelpost packages and on bond
of indemnity and surety. Another sen
ate amendment accepted provides tina
if corporations issue capital stock a
a value of less than $100 a share, tn
| tax shall be one cent on each $40 of tn
actual value or fraction thereof. TIL
present law imposes a tax of five cent
on each $1O0 or stock, irrespectiv
of the par value of the shares ISSUED
Other senate amendments accepte
included those re-enacting provision
OF the eisting law imposing taes at tn
present rates on:
Capital stock of corporations.
Brokers, proprietors ofstheatres, cir
cuses, bowling alleys, billiard rooms
shooting galleries, riding academic
persons operating or renting passenge
automobiles for hire, brewers, dis
tillers and whole sale and retail liquc
. dealers.
Manufacturers of tobacco. cigars an
cigarettes.
Dealers in narcotics.
On the employment Of child labo
and license levies on owners of yacht
and other pleasure craft.
! The house managers also accepte
the senate amendment striking oil
an original .houae ptovision whicl
I would have have required a single re
f turn from families in the eight ives
t ern communities and southern state
t having laws recognizing the marit
/ community and divided the communit
/ property equally between husband al
wife.
e Agreement also was reached on Il
f general administrative provisions
. tho hill. near features of which incluC
prohibition of unnecessary examination
----. .-,-,,4,s7 u -,al pa Yes, the paymel
= BY the government of interest at Il
rate of one-half of one per cent
month on refunds made to taxpayer
: and the establishment of tax simplil
= cation board, which will be charg
" with the simplificatiol9 of the forr
q used by the internal revenue bureau
collecting taxes.