Evening star. [volume] (Washington, D.C.) 1854-1972, 1935-06-20
Taxes
Continued From First Page.)

AAG1 4 ofSCJ
say directly he would take the ques-
ton to the President, but asserted to
newspaper men:
IF the President has anything to
say to us on the subject, assume he
will call us down there"
At the same time, Doughton was
asked about the remark Of another
congressional leader, who said pri-
vately that the share-the-wealth
taxes had not "a chance in hell for
passage this session"
That's a separate Jurisdiction"
Doughton added. Maybe they do
have a chance On earth.
MY impression of the Presidents
message is that he laid the matter
before Congress to be dealt with as
early as it can be, consistent with
other things.
IT don't know definitely whether
the President wants the taxes this
session or not. suppose he does"
In a general Endorsement Of the
Presidents suggestions, Doughton
added:
st subscribe neither to the idea
soak the rich nor crush the poor.
The Presidents plan wouldn't do that.
II have no sympathy with those who
advocate extreme tax plans. The way
| to stop those is not to go to the other
| extreme.
"Old Solomon-who was a pretty
wise guy-summed it up when he said:
Give me neither poverty nor riches;
poverty lest be poor and steal, riches
lest say Lord, who art thou"'"
Second Message Expected.
The revived N. R. A. which the
President is said to be considering was
pictured by some Of his advisers as an
| effort to increase mass purchasing
power. Thus, they said, it would be
akin to the tax plan. They foresaw
the possibility that another surprise
message on the subject might be forth
| coming.
There is one major "if' on N. r. A.,
1t was said. The plan may be recon-
mended If the administration can find
1
considers satisfactory and able to stand
the test Of constitutionality. Author
| itative sources said the President had
remarked that he was inclined to
believe Congress could CONSTITUTE onally
define interstate commerce so the
Federal Government could supervise
some things over which the Supreme
Court held the old N. r. A. had nc
power.
The quest, it was said, is for words
to define what the Constitution means
when it says Congress can regulate
commerce among the several States. y
The tax message, it became clear
today, was written and sent to Con-
gress against the advice Of nearly all
the high Democratic advisers on Capt.
toll Hill. After counseling against
such an idea some time ago, some
of them haG been predicting recently
that no new taxes would be recon-
mended. But the President, 1t was
said authoritatively, wrote the mes
sage without their knowledge and sent
it to the Capitol In hurry so pres
sure would not be brought on him to
withhold it.
Numerous Changes Urged.
The message suggested:
1. Inheritance, succession and legacy
taxes in addition to those now levied
ON estates, and suitably higher gift
taxes to prevent avoidance Of the
other levies.
2. A definite increase" in present
taxes on very great individual in
comes.
8. Graduated corporation income
taxes ranging from 1914 to 1874 per
cent instead Of the present nat 1874
per cent.
4. illumination" Of unnecessary
holding companies in all lines Of bust
ness" through taxation.
S. Submission and ratification OF a
constitutional amendment permitting
the Federal Government to tax future
issues of State and local securities and
allowing State and local governments
to tax future Federal securities.
The President pictured the fourth
point as something to be done 'ulti-
mately," not at this session Of Con-
gress. There was some doubt in the
minds of many congressional leaders
as to how pressing the fifth point was
considered. Most agreed, however,
that the inheritance, gift, higher
bracket income and corporate income
taxes were offered as ought" legisla-
ton and probably must"
Chairman O'Connor Of the House
Rules Committee interpreted the tax