Word: surtaxes
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...avoiding serious defeat at the polls on Nov. 5. Their supporters were either apathetic or were deserting to the other side; their candidates lacked funds and ways to escape the crippling legacy of Watergate and the crushing issues of inflation, unemployment and the President's proposed 5% surtax. Said one presidential adviser: "All over the country there is an uneasiness, a feeling that a lot of problems are not being solved, and voters are taking it out on the party in power...
...incredible to watch my Republican Party continue to commit piecemeal suicide, the latest shocker being the proposed 5% surtax on the middle and working classes...
...high-powered thinker or speaker, Carey talks the language of New York City in a genial, gravelly voice. A traditional bread-and-butter liberal, he is taking cautious stands against taxes and busing and a moderate environmentalist position. He promises to block President Ford's surtax proposal from his post on the House Ways and Means Committee. An Irish Catholic widower with twelve children and no trace of limousine liberal snobbery, he is likely to win back much of the ethnic vote that has been deserting to the Republicans. He is aided in this effort by the Democratic candidate...
TAXES. Easily the most contentious proposal is the temporary surtax for 1975. For corporations, it would be 5% of the tax due before taking any tax credits. The surcharge would apply only to individuals whose income was $15,000 or more in the case of married tax payers filing joint returns, or $7,500 in the case of a single person. After subtracting standard deductions and exemptions, this works out to a taxable income of $10,000 for married couples and $5,450 for single people. The surcharge would be levied only on the tax due on income above those...
...across northern Italy. In Milan, protesters are refusing to pay increases in rents, bus fares and schoolbook charges. In nearby Monza last week, Pietro Russolillo, a 50-year-old schoolteacher, dramatically drove up to the police station to turn himself in for not paying the una tantum, or onetime surtax that the Rumor government imposed on 12 million cars. "I am ready to pay ten times the amount," declared Russolillo with a flourish, "but first you must persuade me that the money will be put to proper...