The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1921-10-24
Senator Gerry Wants Levy on
$4,000 and Less Split.
GASOLINE TAX AS SUBSTITUTE
Senator Lodge Asks for More
Time to Consider.
Night Sessions to Push Tax Bill
Now in Prospect.

defeated today, 46 to 2S, an amend
ment to the tax revision bill proposing
to reduce the normal income tax to
per cent on the first $1,000 of income,
4 per cent on the second $1,000 and to
per cent on the third $1,000. Two
Republicans, Johnson California. nnd
Lafollette, Wisconsin, voted with the
so.llo Democratic membership in fa-
vcr of the amendment.
Washington, Oct. 24.-By holding
the senate in session from early morn
ing until late at night. Republican
leaders planned today determined
drive to force passage of the pending
compromise tax bill by the end of this
or early part of next week.
Sessions from 10 a. m. to midnight,
if necessary, were suggested by Sen
ator Penrose. Republican, Pennsyi-
V3nia, chairman of the senate finance
committee. in charge of the bill to
avoid what he described as needless
and frivolous delays"
Cut Small Income Taxes.
The senate, having voted to reduce
the amount of taxes to be paid after
1922 by individuals having net in
comes ranging from $4,000 to $l.O0o,-
eco or more, had before it today the
question OIL cutting QOHll LAc tS@NCo Va
those whose net incomes are $4,000
| or less.
A reduction of SO per cent for this
| class of taxpayers is sponsored by
Senator Gerry, Democrat, Rhode
| Island, with the approval and support
of the other Democrats on the senate
finance committee. The proposed cut
would be in addition to the slight re-
duction which would result from the
committee recommendation that the
| class of taxpayers who are heads Of
| families be granted an increased ex-
/ emption of $500.
| Senator. Gerry not only would re-
lieve these taxpayers. but also would
/ have further reductions in the taxes
| to be paid by all individuals Spe-
| officially, his amendment to the pend
| ing revision bill would fix the normal
/ income rates at per cent on the first
$4,000 of income, 4 per cent on the
/ second $4,000: 8 per cent on the third
| $1,000 and per cent over $4,000.
The present normal rate is 5 per
cent on all over $4,000 and per cent
on the amount of income below $4,000
] The committee has proposed that
l these rates be retained.
The Gerry amendment was taken up
| Saturday after the senate had adopted
| by an overwhelming vote the compro-
mise income surtax plan, with the
maximum rate at so per cent, but a
vote on it was deferred at the request
| of Senator Lodge. of Massachusetts
! the Republican leader
| Lodge Wants Data.
Senator Lodge explained that he
| wanted to obtain official data from
| the treasury as to the exact amount
| of revenue that would be lost thru the
proposed change and the amount that
would be received from the Gerry plan
to tax gasoline. retain some of the
so-called luxury taxes and increase thG
proposed tax on corporations.
| Meantime leaders on both sides OF
J the chamber are seeking to marshal
| their full forces for the coming tar
revision fights by summoning back tC
! Washington the more han a score OF
senator's majority of them Repub-
| llicans-who have been absent during
| consideration of the revenue measure