Washington, Aug. 30.
President Roosevelt to-day signed the "Soak-the-Rich" Bill, which pro-]vides for an increase in the taxes Jon estates, capital stock issues and im individual surtax. and imposes sift taxes, a corporation income tax Jand an excess profits tax.
The measure, as finally passed, has been modified somewhat from ' the form in which it was originally Me troduced on June 19.
New inheritance levies proposed by [President Roosevelt, were eliminated fey the Senate and the House of Representatives in conference committee and, instead. the estate and ift taxes were increased.
The ill increased taxes on incomes of over $50,000, and is cal-Jeulated to raise between $250,000,000 and $270.000,000 additional revenue. Reuter.
Text read from the printed page and cleaned; old type leaves the occasional error.