San Antonio light. [volume] (San Antonio, Tex.) 1911-1993, 1925-10-20
TEXANS APPEAR
BEFORE HOUSE
TAX B 0Dy
Satterwhite Says State
Wants Control Over
Inheritance Levy.

WASHINGTON, Oct. 20.-R)-
With the administrations tax reduc-
ton proposal as a starting point, the
House ways and means committee to-
day listened to the advice of various
organizations of citizens on many dis
puted features of the tax legislation
that is to be presented at the next ses-
sion Of Congress.
The National Association of Manu-
facturers, the Retailers National
Council, the Texas Tax Clubs, the
New York Board of Trade, and the
Real Estate Board of New York all
were allotted time to present their
views at today's committee session.
Passing over for the moment Secrc-
tary Melons suggestion for reduc-
ton Of income taxes all along the
line, the committeeman first heard
representatives of the Texas tax clubs
endorse the secretary's proposal for
repeal Of the federal inheritance or
estate tax.
TEXANS APPEAR.
Speaking. for a delegation Of IL,
Ice Satterwhite, of Amarillo, speaker
of the Texas House, said the state OF
Texas felt it should have sole juris-
diction over inheritance taxes within
its borders. Texas not only needs
that source Of revenue, he said, but
the present federal inheritance levy is
proving almost confiscatory.
After several other members Of the
delegation had made similar state
ments, Representative Garner, of Tex
as, ranking Democrat on the commit
Tee, said he never had heard of the
Texas tax clubs until the delegation
came to Washington. and asked sew
eral questions as to its purposes.
Frank kell, one Of the Texans pres
ent, said he had contributed $500 TO
the club "in the interest OF good
business
Several major fighting points are
furnished in the treasury's tax re-
form program as presented yesterday
TO the House ways and means COM
mittee by Secretary Mellon. These
are the principal proposals which are
certain to encounter strong opposition
in Congress
A maximum surtax rate on incomes
of 20 per cent against the present Az
per cent.
Repeal of the inheritance or estate
tax.
Repeal of the publicity provision of
the income tax law.
Is PER CENT MAXIMUM.
Still another major point of diff
ference between the treasury and
Congress is the actual total of the
reduction. Secretary Mellon has
warned that 1t would be inadyisable
TO. go beyond $500, 600 900, sum
entirely too low to suit some Of the
leaders on the Republican as well as
the Democratic side.
Along with the proposal for cutting
the maximum surtax rate in half, tho
Treasury secretary made known TINT
his program called for a smaller re-
duction also in the normal rates ap-
plying on small incomes. He would
reduce TO ] IL per cent the 2 per
cent rate on incomes up to $4,000 I;
make the rate 3 per cent instead of
per cent on incomes between $4,000
aud $4,000 and reduce to 3 per cent
the present q per cent rate on in
comes in excess of $4,000.
Tho joint reductions proposed would
fix 20 per cent as the maximum tax
which would be paid by individual
taxpayers. Mr.. Mellon said this re-
duction would liberate large amounts
of capital for productive enterprise,
would increase prosperity and ulti
mately bring into the Treasury prob
ably as much revenue as could be ex-
pccted in future years under the pres
ont 46 per cent maximum.