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About Roseburg news-review. (Roseburg, Or.) 1920-1948 | View Entire Issue (Dec. 8, 1921)
STRIC1 IN Secretary off la A SAYS HI I. (By Ui 4 WASH INC Chairman house ways 4 mittee, undv port of Seen 4 ury Mellon, I v dlers' bonus WASHINGTO revision of the ductlo'n of the surtax rates to I. and adjustment ness profits and by Secretary W nual report, tr congress. The treasury nounces that tl with respect to c diers' bonus i nrges prompt f billions of dollar "one of the outs present economi Mr. Mellon In the maturity wi teen months of the short-dared peratlve that tl sue a policy of snd avoid new would burden tl barrass the fi with respect to Revenue rcvls Win which the moit stress. He lie tax law vol month "give sul business and Ind some measure tri ness transaction' taxation still r thoughtful cons! proceeds to say revenue resultin tlons in surtax ; gested cannot bi economy In expe met "either by t tain specific artlt general tax nn tides or transacl "It Is of vita Mellon derlnrpa made In our si whereby the bur duly, either dire, any particular cl time Will Tint oar productive Indus prosperity. "It would not necessary to eh ent system nf i untried plans, n creasement tax 'ax rates, which mately should ni Cent. inTnnvnra oulred to contrih! meir ability to certain amonn rtlcles, or clas transactlnn ai.. could readily be j"ry. inn inrpa materially ,lmpl 0,'M be more i ml at the sam revenues would I effects now Present xcesstv Mr. Mellon in "he amount of the suggests rr ot nearlv as g npposed." 'o reduce, tlJ maximum of 25 inereducH "acxet,," Be sa PParent loss of u revenue "A twenty nor " same ba "X.HM- HrllMBin... ""I would pr amount eo.ual t. urtax rates, f bower,.,., vm 'or th. ,,..,-?. "'"''T he prrJ --miethan hi lncr,, ,n Reltntln , of hlch new r.inltl " nd to nri 'ht natural In, h Mr. ,v,7, M' ; In taxln k . 1 "tmw h0 I" to nay tri haterer , would OtJ and th