Word: taxing
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Dates: during 1960-1969
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...almost a month, legislation to extend the income tax surcharge has been stalled in the Senate. The delay has produced frustration on the part of Republicans, who have been pushing for passage of the Administration's key anti-inflation program, and satisfaction on the part of Democrats, who were determined to use the bill as a lever to bring about tax reform. The struggle has also caused confusion for employers, who have been puzzled about how much tax to withhold from paychecks, and uncertainty throughout the already troubled economy (see BUSINESS...
Last week this deadlock was broken by a sudden Senate compromise. As the House Ways and Means Committee completed work on a comprehensive tax-reform bill, the Senate approved a measure extending the surtax to December 31. Senate passage of the reform bill is expected by midautumn. If the reform measure does not pass, further extension of the surtax will be in jeopardy...
...move faster to enlighten and encourage industry to keep the problems of the environment uppermost in their minds. I think that responsible business management is trying to keep the problem of environment uppermost, especially in new developments. The Government should encourage measures to prevent air and water pollution through tax incentives or just by showing how a good environment helps make money. This is something I really believe in. Take a factory that's sitting in greenery. It's clean. Its people are happy. They'll make more money than if it were cluttered...
...should tie it more strongly to exploration and research, for example, into new methods of cutting down on pollution. Maybe we could give a similar advantage to other industries and tie it to how they use it. Let's say the automobile industry has some kind of tax incentive to look into other kinds of transportation like steam or electric cars. That might be the best way to solve the problem of auto-exhaust pollution...
...really helped and the extent of their protection remain unclear. It does tend to hurt landlords, though clever speculators can usually find a way over, under, or around such a law, creating a black market in housing. It hampers new construction, and consequently reduces a city's potential tax base (and the amount of money it has to spend)--but the time needed for major damage to new construction is primarily guesswork. On paper, rent control laws are an added weapon for building code enforcement, but they are also a major inducement for increasing deterioation of buildings...