Word: crediters
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Dates: during 1960-1969
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...Senate voted last Friday to offer an income tax credit to those paying college students' tuition. But the measure, opposed by the Johnson administration and tax policy leaders in the House, has little chance of becoming...
...college expenses of $1500 or more, the proposal, passed by a Senate vote of 53 to 26, provides for a maximum credit of $325 per year...
...credit would be reduced $1 for each $100 of income exceeding $25,000. According to this formula, taxpayers with incomes above $57,500 would not be-eligible for any allowance...
...Finance Department; and John Turner, 37, who will take over a soon-to-be-created department that will handle matters concerning consumers and corporations. Turner will try and press through Parliament such potentially voter-pleasing legislation as greater protection for consumers against false labeling and full disclosure on the credit cost of installment sales. Rich, intelligent and Catholic, he is already being talked of in some Canadian political circles as a north-of-the-border John F. Kennedy. His job is ideal for a man in his stage of career, but he may not have time to grow into national...
...tighten things up. But ever since business turned sluggish last winter, the President and the Reserve Board have been working in tandem. The Federal Reserve sliced required bank reserves to make money more available. The Administration pushed the reinstatement of the 7% investment credit on corporate capital spending, pumped money into a drooping mortgage market, stepped up highway and other construction spending, including $1.14 billion more released last week. Federal Reserve Chairman William McChesney Martin and his governors also took a major step last week. The seven-man board voted unanimously to reduce the discount rate-the interest rate charged...