Word: reliefs
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Dates: during 1970-1979
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...bill passed and themselves home for Christmas, Senators dropped an amendment sponsored by Delaware Republican William Roth to give parents a $250 tax credit for each son or daughter enrolled in college. Roth finally bowed to intense pressure, much to the relief of Republican Leader Howard Baker, Democratic Leader Robert Byrd and Senate Finance Committee Chairman Russell Long. Said Roth: "I fought the good fight, but there will be another...
...relief for property owners, unemployment and elderly services are also issues which Ackermann feels that the current administration has ignored...
...after the press conference, Assistant Treasury Secretary Laurence Woodworth outlined the tax reductions that the White House is expected to request. The package will amount to at least $20 billion a year, and a third of that will go for business tax relief. The 48% corporate tax rate will be reduced-perhaps to 46%. The White House is also considering making the 10% investment tax credit permanent; it is due to revert to 7% beginning...
Woodworth added that there would be some tax relief for "everyone at every income level," though it is estimated low-income groups will get the biggest breaks. The plan to reduce the maximum tax on personal income from 70% all the way down to 50% may be put off. The White House apparently figures the revenue is still needed because there probably will not be steeper taxes on capital gains...
President Bok and the presidents of Johns Hopkins, Stanford and Yale this week issued a joint sigh of relief, in the form of a joint statement their staffs prepared, praising Congress's "reaffirmation of the basic values that have made American universities strong and independent...