The Arvada enterprise. (Arvada, Colo.) 1908-1970, 1921-10-13
Changes in Tax Bill Proposed
BY the Democrats and the
"Agrarian Bloc"
GENERAL WOOD IS RETIRED
President Asks Local Cooperation In
Relieving Unemployment Conditions
-PrsmIsrs BRAND and Lloyd
George May Attend the Great
Conferences In Washington.
BY EDWARD W. PlckARo.


The peril that resides In overwhelm-
ing majOritles. always recognized by
politicians. Is being demonstrated
again to the Republicans In congress
In the case Of the tax bill. The senate
Republicans have been split up into
several groups that no far have been
unable TO agree on the changes to be
made In the measure ns passed by the
house. and the Democratic minority,
consequently. IL hopeful Of carrying
out its program. The main features
Of this are:
A higher surtnx rnte than 20 per
cent to affect incomes In excess Of
100000.
A graduated corporation income tax
In place OF the proposed IS per cent
rate.
Retention Of the corporation capital
stock tax.
Repeal Of the freight. passenger and
Pullman transportation taxes and Of
the 5000 exemption allowed to cor
poratiOns.
Decreased normal income tax rates
On incomes Of $4,000 or less.
Senators Mccormick. Capper. Len
root and others Of the NO called
aErariRn bloc. together with a number
Of other Republicans. have been work
ing hard to devise program that will
he acceptable to q majority Of the
senate. and the one they have drawn
up tentatively includes the following
changes:
A graduated corporation income
tax instead Of fiat tax as n substi-
tute for the excess profits Tux.
Further reduction In the lower eur
tax rntes on Individual incomes. but
an incrcnse from the ~ per cent maxi
mum In the bill I" 20 per cent. which
represents compromise between the
proposed maximum and the rnte of
q yer cent present Inv.
Retention Of the corporation cnp-
ital stock Tux which II repealed In the
senate committee bill.
An Increase In the higher rDtes Of
estate taxes.
Repent Of the tnxcs on freight. pms
sengcr. md express transportation.
senator Smoot Of Utah and II few
others nre advocating n 3 per cent
production or manufacturers snlcs
tax. hut tho group above mentioned
II opposed 20 this. and 20 IN Repre-
sentative Mondcll. Republican lender
OF the house. who. nfter n conference
with President Harding. asserted ther"
was no chance that the house would
accept anything Of the nature Of
general salcs tax.
Last week the President let II be
known that he wished congress to go
nhcad with It's Legislative propTnm
without thought Of nm enriy adjourn
n cnt. There Ind been s"ine anxiety
In Washington lest the deliberations
Of the conference on limitation Of
ar1naments might be disturbed by the
doinxs of congress II II wer" In session
after November II. hut Mr. Harding
In not nj NIL worried by this. The tnx
bill Ia holding NJ all business In the
senhte except the trcniies and the
canal tolls bin. The trenfies are 10
be voted on October u md tho cnnnl
measure comes 10 n vote on October
10. II President Jinrding's preference
II considered, the tar!ff bin will be
taken up before adjournment. though
many members Of congress seem Will.
Ing that II should 90 over tn the next
session.
Maj Gen. Leonard Wood WAS ron.
nrmed by the senate o. governor zen.
srsi NJ tho Philippines and nsxt day
vas placed % the rssirsd list q the