Word: taxing
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Dates: during 1960-1969
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...Will someone please tell me which doddering, bumbling generation, what archaic educational system, and whose capitalistic tax dollars managed to put those men up among the stars...
Congress continues to battle over extension of the $8 billion income-tax surcharge, the Government's prime anti-inflation program. The extension bill has been blocked in the Senate by Democrats who are determined to hold it as a hostage until the Administration agrees to significant tax-reform measures. Senate Majority Leader Mike Mansfield and the members of the Democratic Policy Committee suffered a setback earlier when the Senate Finance Committee reported out the House extension bill intact. But last week they received welcome reinforcements. The help took the form of action by the potent House Ways and Means...
...reform is probably unavoidable. Recently, reports TIME Congressional Correspondent Neil MacNeil, Boggs met secretly in New York City with a number of oil and sulphur executives. He advised them that some reduction in the depletion allowance was necessary in order to prevent even more drastic changes in other tax regulations bearing on their industries...
...House Ways and Means committee had informally discussed the proposal as a potential part of the tax reform package which the committee is now preparing. The committee is reported, however, to have changed its mind about including this provision in the tax reform package...
...think they've about made up their minds that this is not a proper way to attack this tax reform problem," he said. "I would say that we were much happier with the situation at the moment than we thought we'd be a few months...