Word: repeals
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Dates: during 1970-1979
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...companies have come in for heavy criticism from Congress, which resounds with cries to roll back surging oil and gasoline prices, repeal special tax benefits that the oil companies get and slap on an excess-profits tax. A few Senators and Representatives are even talking seriously about wholly or partly nationalizing Exxon and other U.S. oil companies...
...permits exemptions only if a state Governor applies to the President on the grounds of undue hardship or energy loss. In the end, the legislature as a whole took no action, but several members of Florida's congressional delegation have introduced bills in the House and Senate to repeal D.S.T...
...aroused Congress will change oil-company taxes this year. The only question is by how much. Except for an excess-profits tax, most of the proposals before Congress would do little to increase the tax liabilities of international oil companies. President Nixon has proposed that Congress repeal the U.S. depletion allowance for oil wells located abroad. The companies, however, generate such huge tax write-offs from other sources-mainly the foreign-tax credit -that they rarely need to use the foreign depletion allowance. More important it is likely that the domestic depletion allowance will be abolished or substantially reduced...
...first step, said Beth D. Jacob '74, chairman of the South House Committee, will be ask the CHUL to repeal its resolution--a step Radcliffe representatives to the advisory group will take when CHUL meets in February. It is possible that CHUL could reverse itself because upcoming elections may bring in committee members opposed to the elimination of sex ratios...
...vote in favor of the resolution was close and representatives from Radcliffe have already said they will bring up the matter again next month when new representatives from most of the House will take office. The new reps should repeal the recommendation to end sex ratios. The consequences of taking away the freedom of choice of close to a thousand Radcliffe residents and of possibly destroying one of the few alternatives Harvard now had to the male-dominated Housing system are serious enough that Dean Rosovsky should refuse to implement the recommendation even it CHUL does not repeal...