Word: dividend
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...books. But the Reagan Administration's uneven approach has made regulatory reform a political danger zone, to be avoided at least until after the 1984 elections. Concedes a senior White House aide: "Deregulation doesn't have the same priority for us it used to have. The political dividend aren't very high...
Your story "Voting the Bankers' Way" [May 30] should have been titled "Voting Against the Overburdened Taxpayer." The "estimated $13.4 billion in new revenue" that would be gained by having the banks withhold taxes on income and dividends speaks for itself. Any "new revenue" for Washington is a new tax by definition. The banking industry has reported interest and dividend payments to the IRS on Form 1099 for years. If there is a great deal of "tax chiseling," the problem is one of enforcing the tax laws already on the books...
...July 1, was a key revenue producer in a $98.3 billion tax package Congress passed last summer in an attempt to whittle down growing federal deficits. The measure would generate an estimated $13.4 billion in new revenue through 1988, mostly by reining in tax chiselers who do not report dividend or interest income...
...when it comes to making either tough revenue or spending decisions was illustrated last week when more than 300 House members, following the lead of their Senate counterparts, caved in to the banking industry and signed a petition supporting repeal of a measure to withhold taxes from interest and dividend income. The withholding provision, which will be reconsidered by the full House this week, would have cut down on tax cheating and produced $ 13 billion in revenues over the next three years...
...particularly bitter defeat for Dole, who had assailed the banking lobby for calling the plan a "new tax" when it was really designed to catch tax cheaters and collect some $5.2 billion this year from the 20 million people who fail to report fully their interest and dividend income. Dole had filibustered gamely against the repeal bill, which was sponsored by Republican Bob Kasten, a freshman Senator from Wisconsin. But Dole last week could count only 27 other Senators (including 24 of 54 Republicans) on his side, and three of them were uncertain. "I went down to the White House...