Word: laws
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Dates: during 1960-1969
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Since the U.S. Constitution prescribes that "all Bills for raising Revenue shall originate in the House of Representatives," the key man in writing tax laws is the chairman of the House Committee on Ways and Means, which handles all revenue-raising legislation. He has a pervasive influence on Government spending as well, since he can insist on budget adjustments as the price of any new tax measure. For eleven years that chairman has been Arkansas' Wilbur Daigh Mills, now 59. His economic sophistication and political acumen have made his word law with his committee members and the whole House...
...REFORM. To Mills, the ideal tax law is simple and brief-but the difficulty of writing equitable tax measures under political pressure makes achieving that ideal impossible. "We want to make as many reforms as we think we can pass through the Congress. People are becoming more concerned. As more people enjoy higher incomes and thus pay more taxes, they become more concerned about how they are treated in relation to other people under the law." He calls the present code "patchwork," but he foresees no basic rewrite this year. "We are only looking at some 17 or 18 specific...
Mills continued: "When I talk about tax reform, I am trying to establish greater equity in the law, greater simplification of the law, greater neutrality in its effect upon business decisions. I am trying to make it easier to administer, and, from the taxpayer's point of view, easier to comply with." He added: "Anybody who enjoys some preferential treatment should be required to come to the Congress periodically and make his case before the public...
...sure that our Faculty shares with the students a deep interest in the grading system and its effects upon the learning process at the Law School. I am equally sure that the Faculty shares my willingness to discuss the problems of grading at any convenient time with any group of law students...
...academic year, since the Faculty has not even seen the proposal in question and since the Faculty is already heavily engaged in working out various other proposals and new programs which other groups of students are eager to have resolved. Dean Bok Dean of the Law School...