Evening star., 1923-12-28
MELLON TAX BILL
IN ORIGINAL FORM
GIVEN TO PUBLIC
House Committee Breaks
Precedent by Action-Few
Changes Are Noted. I.

Reversing its previous policy, the
House ways and means committee to-
day made public the new revenue bin
IN the form it was sent to the Capitol
by Secretary Mellon.
The text contains few changes from,
the outline OF the bill which has been
publicly announced at the Treasury.
1t follows Mr.. Melons proposals for
a sweeping revision of administrative
provisions to prevent tax lodging, in
cludes a provision for a board Of
twenty eight tax appraisers to act as
a court Of appeals in disputed cases
and makes detailed provision for the
tax reductions advocated by the
Secretary.
fight for publicity for the meas
ure was conducted in a subcommittee
meeting yesterday by Representative
Garner of Texas. the ranking demo-
cratic member. AT that time Chair+
man Green and other majority menu
bers insisted that the text should be
held in confidence as a courtesy to
Mr.. Mellon. Inasmuch as the prinei-
lished. however, Mr.. Green decided
today that there was no necessity for
further withholding publication.
Recess Until New YesR.
, The subcommittee recessed after
yesterdays session until after the
fret OF the year, when the full COM
mittes axain will take up consfdera-
tion of the measure.
The bill was made public in the
form of reprint of the voluminous
revenue act of 1921, with scores of
interlineations and other amend
Inents indicated. Detailed outlines OF
these amendments were made public
by Secretary Mellon on November IL
and on December 16. and were print
ed throughout the country.
In many cases the language en-
ployed to carry these changes into
effect Is so highly technical as to be
unintelligtble except on the basis Of
to the committee and to the Treas
ury for that purpose.
Cuts i'm Income Taxes.
the existing law are left undisturbed
except that the present rate Is re-
duced to 8 per cent and the present
s per cent rate Is reduced to per
cent. The surtaxes provided for are
as follows: stF
which the net income exceeds $1o,-
900 and does not exceed $4,000.
1.-TWO per centumof the amount by
which the net income exceeds IL, 600
and does not exceed $4,000. s.,
Three per centum of the amount
by which the net income exceeds
$4,000 and does not exceed $4,000:
-Four per centum of the amount by
which the net income exceeds $4,000
and does not exceed $4,000;
Five per centum of the amount by
which the net income exceeds 700
and does not exceed $4,000:
Income. Up to $4,000.
six per centum of the amount by
which the net income exceeds $50, 200
and does not exceed $4,000:
Seven per centum of the amount
by, by which the ne. income .s. exceeds s22,-
Eight per centum of the amount
by which the net income exceeds $24,-
600 and does not exceed $2s,ooo. -
Mine per centum Of the amount by
which the net income exceeds $4,000
and doe. not exceed $4,000.
Ten per centum of the amount by
which the net income exceeds s2S,000
and does not exceed $4,000.
Eleven per centum of the amount
by which the net income exceeds $780,
II Per Cent on $4,000.
Twelve per centum of the, amount
by which TIE net income exceeds
S32,0 900 and does not exceed $4,000.
Thirteen per centum of the amount
by which the net income exceeds
$4,000 and does not exceed $4,000.
Fourteen per centum Of the
amount by which the net income ex-
ceeds $4,000 and does not exceed
$4,000.
"Fifteen per centum of the amount
by which the net income exceeds
$4,000 and does not exceed $4,000.
sixteen per centum of the amount
by which the net income exceeds
$4,000 and does not exceed $4,000.
Seventeen per centum of the
amount by which the net Income ex-
ceeds $4,000 and does not exceed
s58,o0o. -
eighteen per centum OF the amount
by which the net income exceeds
S5S.000 and does not exceed s64, 900.
Nineteen per centum of the amount
by which the net income exceeds
$4,000 and does not exceed $4,000. 4
Twenty per centpm OF the amount
by which the net income exceeds
$4,000 and does not exceed $4,000.
N"Twenty-one per ycentum of the
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