Word: brazer
(lookup in dictionary)
(lookup stats)
Dates: during 1970-1979
Sort By: most recent first
(reverse)
...calls the "disincentive to invest of double taxation of dividends." He means that first the money is taxed as corporate profits. Then it is paid out and taxed again as personal income. One of these should be eliminated, says Simon. Economists like Joseph Pechman and Michigan's Harvey Brazer see no such imperative. Brazer told the House Ways and Means Committee in its June tax reform hearings...
...Brazer says that corporate taxes have been cut and cut again. Pechman calculates that the effective corporate tax rate has been reduced from around 40 per cent in the early 1950's to less than 30 per cent today. "Yet," says Brazer, "we apparently are still suffering from the ills we suffered from...