The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1924-05-11
ASSES
/. TAX MEASURE
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Sterling, Warren, Weller and Willis;
total, 90.
4, Farmer ,abor: johnson, of Mime
sofa and Shipstead; total, p; combined
total; so.
The opposing votes were cast by
Senator's Ball, Delaware; Cameron,
Arizona; Colt, Rhode Island; Cum
Minis, Iowa; Edge, New Jersey; Tess,
Dhio; Lodge, Massachusetts, ; Mckin-
lev, Illinois; Moses. New Hampshire;
Norpeek, South, Dakota Pepper and
Reed, Pennsylvania Phipps, Colorado;
Wadsworth. New, York and Watson, all
republicans total, Is.
The following pairs were announced:
Stanley, democrat, for Ernst, republic
an, against Owen, democrat, for; Nc
Cormick, republican, against ind
Wheeier, democrat, for; Elkins,s repub.
licafi, against.
OF those absent 1t was announced
the following would have voted for
passage. LaFollette and Lenroot, re-
publicans and Copeland, democrat.
& No announcement was made for the
other Rbsentees, Edwards, democrat and
Conzens and Greene, republicans.
Two of the three hours Of debate
possible today under agreement entered
into previously before voting ON amend
f1snts and The hili were consumed in a
Fight to remove the treasury proposal
from providing for a Limitation on de-
auctions in relation to incomes from
tax exempt securities. It was rejected,
As to 81. This removed from the bill
practically the last part of the pro-
gram recommended by Secretary Mel
lon.
{ Demec46ts Complete schedule
In3 the closing minutes, democrats
completed their income tax schedule, OBJ
tanning an increase in the personal ex-
emptions so. that an heads Of families
would be allowed $500. IN the pres
emit law heads of families with in
comes Of more than 5000 are allowed
but 80, 600 exemption. Republicans
made no fight on the proposal and it
was adopted without a record vote.
As q vote on passage approached, va
riouss amendments offered from both
sides were turned down with a chorus
Of noes and without explanation of
their purpose by the authors, debate
having been shut off.
{ Republicans made no further at
tempt to upset the democratic pro-
visions, republican insurgents having
stood firm in their coalition with the
minority yesterday on two moves by
the organization republicans to knock
out the Simmons income rate sched-
ul3.
Aside from the rate scheduie, which
actually varies but little from that
adopted BY the House on a strict re-
nublican vote, republicans were bitter
~ opposed to the substitute corpora
ton tax providing for a graduated scale
Of rates applicable on undistributed
profits and to the provision opening tax
returns to- public inspection and the
hearings Of the proposed board of
tax appeals to the public.
InsNrgefits Aid Minority
Both Of the later proposals were
adopted with republican insurgents
Joining with a solid democratic vote.
To both OF these President Coolidge
has itidi eAted his opposition.
These and the income rate schedule
will be the principal points Of differellee
to he worked out in conference.
I Chairman Smoot declared on the
floor today, referring to changes made
IN the bill BY the Senate, that he hoped
the measure would be modified in con-
Senator Caraway, Arkansas, re
marked that as head Of the Senate con-
ferses, the finance. committee chairman
would be expected to defend the Senate
changes in conference.
. Principal interest in the bill, until
the publicity mad corporation tax
< has conferred in the income
rate schedule, where party lines again
were drawn. Both the House and SEN
ate, decisiyely rejected Secretary Mel
lon proposal for a change in these
ates, both going farther in the cuts on
the lower incomes and limiting some
Of the proposed reductions on the
higher brackets.
. Calling attention to the expense
which might have to be met by the
government next year and which would
not, be 7protided for by the revenue bill
pa esed to-day. Senator Smoot listed the
following extra appropriation bills
either passed or pending:
Bonus bill. S135; 100000; Bursum
bill, $4,000, 600 re-classificat ton, $10.-
coo, 900 deficiency appropriation, $10,-
coo, 900; veterans bureau re-codifica-
ton, $52, O00, 600 postal clerks salary
increases! SIS, O0O, 900.
The following additional cuts were
ordered BY the Senate, Senator Smoot
SAX, .oyer that proposed in the COM
mittee bills:
Telephone and telegraph message
tax repeal, So, 600, 600; corporation tax
n0dif ication, $10,O00,000; further re-
ducti6n IN automobile parts, IS, 000, 900;
repeal Of tax on drafts and checks, ST.
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