Word: multer
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Dates: during 1950-1959
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...financial burden has come slowly. Last year an important concession in the income tax law eliminated an unreasonable limit on a student's earnings. This law brought a unique problem of students into perspective, without providing any unfair privileges. A recent and widely heralded bill proposed by Representative Abraham Multer of New York, however, interferes with the benefits from last year's law and gives extensive tax reductions in the wrong place...
...Multer's proposal, on the other hand, would cut deeply into Treasury revenue by allowing parents to deduct from taxable income the total college expenses of their children. The bill also would discourage the very industry that last year's law promotes. Few middleclass students would strain to help pay for college if their efforts only resulted in a smaller deduction for their parents. Not only would the bill make a student question the worth of working a few extra weeks in the summer; it would also encourage extravagance while attending college. Room rents, for example, are certainly a legitimate...
Last year's bill limited deductions to $600 when the bill was finally passed by Congress. This is the present law, but it does not go far enough according to Multer, "No one can maintain children in college for $600," he said. "My bill seeks to extend the arbitrary figure decided upon last year...
...Multer is convinced the bill will pass the House if it ever gets through committee. "It's not a matter of partisanship," he said, "but only of public interest. If the bill gets to the floor, it will pass...
Last week the National Students Association gave active support to the bill in its original form. As an N.S.A. member, the Student Council also supported it. John R. Green '56, this year's Council president, said last night he intended to bring up the Multer bill for Council discussion and possible action a week from Monday...