Word: repeals
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Dates: during 1960-1969
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...five hours one day last week for pro and con on the bill. But there was so little con that the debate lasted barely three hours, after which the House passed the bill by a vote of 401 to 6.* As whooshed through by the House, the bill would repeal "luxury" taxes in three stages over four years. The first reduction, amounting to $1.7 billion and to become effective July 1, would repeal the 10% retail tax on jewelry, furs, cosmetics and other toiletries, lug gage, handbags and other leather goods, as well as the 10% manufacturer...
...final reduction of about $1.4 billion would occur gradually between Jan. 1, 1966 and Jan. 1, 1969, and would result in the repeal of the already reduced excise levies on cars and telephone and Teletype service...
...Public Responsibility." Those provisions might have fairly easy sailing. But the effort to repeal 14(b) is likely to tax all Johnson's skills. Most Republicans and Southern Democrats will oppose it. So, probably, will some Midwestern and Western legislators of both parties. And even some liberals are disappointed. New York's Republican Senator Jacob Javits, who favors repeal, wrote last week: "The President failed to take into account the public concern over the extension of union authority which will result from 14(b)'s repeal . . . Trade-union activity is heavily responsible for the rising standard...
Obviously, McDonald had finally been convinced that if labor is to achieve all its hopes-including repeal of Taft-Hartley's 14(b)-it must first show that it is responsible not only to the public, but to itself...
...need a strong push. For businessmen and consumers, nonetheless, the cut was a boon that will surely help out just when there are some faint signs of a downturn in consumer interest. The Ways and Means Committee even threw in a bit of extra, early seasonal cheer: it advanced repeal of the 10% tax on cabarets and theater tickets from next Jan. 1 to noon on New Year...