Arizona republican., 1921-10-06
TAX REVISION TANG[E TAKEN
 TO HARDING TO
 BE UNRAvELED
House and Senate Leaders Hold Series of Confer ences at White House President Keeps Mind Open

WASHINGTON, Oct. The tangle in congress over tax revision legislation was given the attention of the administration today at a succession of conferences between Pr(Gident Harding and senate and house leaders. What position the president may take regarding substi- tuition of a sales tax for the miscei- laneous excises in the pending bill was not dissolved, those who saw MT. Harding declaring he was keeping an open mind on the subject for the present
 Meantime, groups in the senate went forward with conferences on the whole subject and opponents of the pending measure continued their assaults on it. The Democrats on the finance committee put in their mir norfty report which declared the bill neither fulfills the promise of the Republicans for simplification of tax law and procedure. nor satis- fled the demand of the Democratic party for a complete survey of exist ing taxes and their modification and simplification.'
 LaFolIette Opposes Majority
 Senator LaFOllette Of Wisconsin. a Republican member of the finance committee, also filed a minority view, declaring he was in general accord with the Democratic report insofar as it criticised the proposals of the majority to reduce the taxes on large individual incomes, the repeal of the excess profits tax and the capital stock tax, to retain the transportation taxes and to greatly aggravate the existing desparity between corpora tion and individual and partnership taxes" He added, however, that he felt the recommendation of the mi- nority would do little more than pal1iate some of the monstrous ini- quities of this bill without curing any of it's fundamental evils"
 There is nothing to be gained by the forced and inconsiderate enact ment of the present bill" said the minority report "The bill affords nc relief to the country. There will bs no reduction effective this calendar
 nine months after the adven to full power of the party whicf promises immediate relief from op pressive war taxes. Practically ever, change in the rates or repeal 0 present taxes is postponed until Jan uary l. 1922 and the reductions mad after January 1, 1922, are to be ac complished through promisef cuts il expenditures that may not material ize, with contingent borrowings Il that event as well as certain borrow ings to pay the S170. 100000 estimate to meet savings stamps and Pittmal act redemptions and expenditures.
 Object to Surtax Proposals
 "The purpose of the Republica majority seems to have been centere upon the exemption of millionaire from the higher surtaxes and the ex emption of corporate interests an monopolies from the payment c proper taxes upon inordinate profit. Tn pursuit of this purpose the com mittee has divided the income tax payers of the country into two class es: Those who have incomes greate than S66,000 year, and those wh have incomes less than s66.000 a yea
 There are 11,077 millionaires inc first class and 5,321, ,6S3 person in the second class. The committe for solicitation for wealth has ac corded these orr millionaires yer substantial relief by the repeal ( the higher brackets of the Surtaxt while the 5.321,6S3 ordinary taxpay CTS have been given no substanti relief.
 The Democrats gave notice the would offer amendments to the bl largely increasing the surtax rates ( incomes up and above S500.000; r, storing the cofpoi itioti SaPAeoi 9ee,' tax. reducing the normal tax on Il comes below S15,000; limiting the e emptions allowed to heads of fam lies to incomes below s20.000 and r healing the tax on freight, passeng and Pullman car transportation.
 Those signing the minority repo were Senators Simmons of Nor Carolina Williams of Mississip rJones of New Mexico, Gerry of Rho Island. Reed of Missouri and Wal Nfa ssa f.ln1l set ..-....