Arizona republican., 1921-09-30
DEMOCRATS OPEN SENATE FIGHT ON
 HOUSE TAX BILL
SWEEPING AMENDMENTS OFFERED BY
 MINORITY LEADER; SENATOR LA
 TOILETTE ATTACKS PROVISION EXEMPTING FOREIGN INVESTMENT
IRepubIicsn A. P. Leased wlreJ

WASHINGTON, Sept. 2s.-Senate consideration of the Republican tax revision bill was featured today by the introduction of sweeping amend ments from the Democratic side, a row between Chairman Penrose of the finance committee and Senator Sim mons of North Carolina. ranking Democrat on that committee, and a charge by Senator LaFollette, Re- publican of Wisconsin. that features of the bill, dealing with foreign trade and foreign trade corporations consti- tuted "a device to enable individuals of great wealth to escape taxation"
 Behind the scenes there were some efforts to bring about an agreement among opponents of the committee bill on the more outstanding tax features. but apparently there were no final conclusions. Republican sen- ators in the agricultural bloc" were confident, however, that with the aid of the Democrats they could defeat the committees plan to continue taxes on freight. passenger and Pull man accommodations for another year at half the present rates.
 Repeal of these 1evies was one of several proposals put forward. by minority members of the finance committee. The others included a maximum surtax rate of 52 per cent in place of the proposed 32 per cent. retention of the corporation capital stock tax, which the committee would repeal next year; repeal of the 5000 exemption allowed corporations and of the special taxes on brokers and proprietors of theaters and other places of amusement and on owners of automobiles operated for hire An other amendment would provide that persons having net incomes in excess of s20.000 would not be eligible for the normal exemptions allowed single men, married men and to heads of families on account of dependents.
 LaFotlette Opens Attack
 Under the Simmons amendment to the surtax provision, the rates fixed by the committee up to 31 per cent would stand, but above that the leries would be s2 per cent on in comes from $66.000 to S74.000-
 Senator LaFollette, Republican of Wisconsin. launched, the opening at tack on the bill, assailing the section defining foreign traders and foreign trade corporations. He declared that the proposal to exempt from taxation their income derived outside of the United States was a device to en- able individuals of great wealth to escape taxation-"
 That this proposal should be seri- ously put forward at this time by the peoples representatives" he said only shows how completely the great financial interests of our country control our government.
 'sThe demand for this legislation has come from those captains of in dustry whose wealth has been so largely created or augmented by the war. They have been so fed up on war profits that the field of domestic industries, large though it's returns ico, Russia and other undeveloped or fabulous profits and a chance to es- cape the financial burdens of that war from which they have so largely profited."
 The senator declared that with fac tories closed, farmers in distress and millions unemployed there never was time when the United States stood in such need of capital to develop it's resources
 Opposes English Plan
 aTt is said England by a somewhat similar scheme exempts her foreign ued- 'I do not know whether that | it is true or not But suppose it is true, must we commit every folly and
 crime against the common people of
 this country that England commits
 against her people? If we are to learn anything from the lessons of the great war, it is to avoid imperi- alistic policies of Great Britain and