Word: taxing
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Dates: during 1960-1969
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Last summer, however, perhaps feeling overly buoyant about his good national press, Agnew began lobbying clumsily for Administration programs. He started with the ABM, buttonholing members on the Senate floor, then repeated the mistake in an attempt to get the income-tax surcharge extended for a year. As a wheeler-dealer, he failed ingloriously and provoked a curt civics lesson from Majority Leader Mike Mansfield: "A Vice President should not interfere in Senate affairs regardless of his party. He is not a member of the Senate. He's a half-creature of the Senate and a half-creature...
Both Holton and Battle are progressives in Virginia terms. They talked a moderate law-and-order line but sounded sympathetic toward the black's problems. They want the U.S. out of Viet Nam but on "honorable" terms. Those, however, were secondary issues compared with the food-tax dispute-Holton favored offsetting the regressive state levy with a rebate-and the Republicans' argument that it was time to make Virginia a two-party state...
...bought with American aid funds be transported in U.S. flagships-a hidden subsidy to the high-priced U.S. shipping industry that takes an estimated 200 out of every aid dollar. Rockefeller also urges that private U.S. investment, regarded with suspicion through much of Latin America, should be encouraged. U.S. tax rules could be eased, and efforts could be made to protect American investors abroad through private insurance rather than by the threat of U.S. Government sanctions...
HIGHER PRICES. Despite the Government's year-long policies of tax surcharge, budget hold-downs and the tightest money since World War II, the hangover from the previous boom years is proving hard to cure. Economists predict that prices, which have been climbing at an annual rate of more than 5% this year, will be rising at about a 3% or 4% pace around the middle of 1970 (see TIME's Board of Economists, page...
NATHAN: Over the next three to five years, the big issue will be whether we have big tax reductions or whether we use more Government income for a fuller meeting of the nation's huge, unsatisfied social and community needs...