Pacific Stars and Stripes (Newspaper) - February 20, 1959, Tokyo, Japan                                , Lormi the stars and stripes tax hike Friday february 20, 1959 Washington a the House voted to raise tuxes on life insurance companies despite voiced misgivings thut this might in crease the Cost of insurance poli  Bill was passed and sent to the Senate without a record  final passage members voted Down an attempt by  b. Curtis a to to Send the measure Back to the ways and Means committee to evaluate the economic Impact of the Bill. The Bill provides a Complex new formula for taxing life insurance company earnings. It would in crease 1958 taxes an estimated 70per cent Over taxes due under existing Law and about double the rate of taxes paid on 1957 earn Ings. The new formula replaces Stop Gap legislation in Force the past three years and succeeds a Perma nent 1942 tax Law which has been in Disfavour with both Congress and the Treasury. It is estimated that on 1958 earn Ings life insurance companies will pay $545 million in taxes compare with $319 milll9n which would be due under present Law and $293 million actually collected in 1957. Humphrey May test 60 Hopes in primaries Washington up sen. I enter the democratic primary in Hubert h. Humphrey a Minnis considering entering half a dozen state presidential primaries to test his strength in the 1960 demo cratic presidential race the Sena Tor s friends  reported he probably would liberals labor pushing medical care for aged family conference at murder trial to pass backed Bill Washington up House liberals have kicked off a drive controversial labor that would expand social Security benefits to include medical care for old folks. The legislation would in effect provide the elderly with paid up Hospital and surgical insurance Lor life. Bitterly opposed by the Amer ican medical Assn. As a step to Ward socialized Medicine the measure is almost sure to stir up dad of expelled at Little Rock gets 5 years in death Little Rock