The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1921-09-28
AMENDMENTS TO
BE OFFERED BY
THE DEMOCRATS
Objections to Specific Sections of
the Bill Also Come From
Republicans.
HORRIBLE AND UNJUST
TAXATION PROPOSITION
Is Description Senator Simmons,
Minority Member of Com
mittee, Describes It.
ny The Associated Prsasl

WASHINGTON Sept. 27.-Tax re-
vision legislation was put under way
today in the senate with indications
more important provisions OF the
measure reported by the finance COM
mittee.
Notice was given by Senator Sim
mons of North Carolina, ranking mi
nority member Of the committee, that
sweeping and radical amendments"
would be offered by the democrats,
and he added that If the sponsor for
the manufacturers sales tax would ac-
cept these amendments, serious con-
sideration would be given to such a
sales tax as a part of the democratic
scheme provided such q. levy should
prove necessary in order to raise the
needed revenue.
Objections to specific sections Of the
bin came from the republican as well
as the democratic side of the cham
Der and Senator Lenroot of Wiscon-
sin, republican member of the agri-
cultural bloc" proposed amendments
to the income surtax provision under
which existing rates would be con-
tinued UP to so per cent on incomes
exceeding 100000 with an alternate
proposal OF a so per cent. levy on in
comes Of from 100000 to 100000 and
a sixty per cent rate on those above
$500. .oQ0.
81 taking the bin up under an
agreement to accept uncontested COM
mittee amendments to the original
house measure. the senate made con-
siderable progress on proposed changes
to some Of the administrative features.
None of the levy provisions was
passed upon however, objection being
made in each case. Consideration OF
the bill under this same agreement
will be continued tomorrow and Sem
ator Penrose, of Pennsylvania, in
charge of the measure, gave notice
that he would seek to have the SEN
ate meet an hour earlier each day in
order to expedite consideration Of the
legislation.
In offering objections to some
phases of the bill, Senator Simmons
told the senate that it was his judg-
ment that in enacting peace time tax
laws It would be better for the SEN
ate TO strike out boldly on new lines
instead of tinkering with and trying
to repair a machine that was created
to meet other circumstances and con-
ditions"
He declared that he would vote
against the bill in its present form,
describing 1t as the most horrible
and unjust proposition of taxation
that has ever been presented in this
chamber"
The amendments to be offered by
the democrats. Senator Simmons con-
tinued, would be designed to pro
duce something like uniformity of tax
alton between the different classes
and groups Of tax payers in this coun-
try, and win remedy some of the class
determinations which reek through
out the BILL"
which this bill displays towards the
of the country and
against the partnerships and individ-
uals is so great that most Of the part
nerships will dissolve to incorporate
and every individual in the country
who can, If possible, would like to
convert his operations into corporate
FORM"
There was some discussion today of
a tax on the undivided profits of cor
porations held so as to avoid payment
of revenue to the government Sena-
tor Smoot, republican of Utah, said
be hoped that no effort would be made
to pass law which would force cor
porations TO distribute their profits as
dividends as this would tend to pre-
vent them from laying by sufficient
surplus to meet business slump.
Senators Simmons and King, demo-
crat Of Utah. said there would be no
disposition to enact such a law but
that some means should be found to
prevent corporations from evading
he payment OF taxes. Senator Smoot
-old the senate that he did not think
here would be many concerns which
would make enough in the next sew
sral years to have any considerable
surplus left after paying regular divi-
iends-