Word: taxingly
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Dates: during 1970-1979
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Carter tried and failed to persuade Congress to pass a somewhat similar tax two years ago. Now he is planning to ask all over again, but success is by no means assured...
Some officials are already talking about spending the revenues on things that have nothing to do with energy. One Treasury Department idea being examined by staffers on the House Ways and Means Committee is to use the proceeds to cut the size of the huge Social Security tax increases that Congress voted last year to go into effect beginning...
...news amid the Administration's talk of decontrolling crude oil and letting gas prices rise. Yet the presidential push will surely add to gasohol's growing popularity in Washington. Prodded by promoters, Congress last fall passed a law exempting the fuel from the 4?-per-gal. federal tax on gasoline. In January, the Environmental Protection Agency announced that it would permit service stations to sell gasohol instead of unleaded...
...serious problem is gasohol's high price. The pure, 200-proof alcohol used in the mixture costs $1.49 per gal. wholesale, while unleaded gas is about 47?. Even in Iowa, where the state has removed the tax on gasohol, the fuel costs 76.5? at the pump, about 2? more than unleaded. In other states, where the fuel tax is imposed, the spread between gasohol and gasoline can range...
Public agencies, federal, state and local--upon which Harvard extensively relies for both economic and academic purposes--regularly use their economic leverage pursuant to law to enforce political, economic and ethical policies. Affirmative action, tax and student financial aid laws, the conditions imposed upon the grant of research funds, and in the case of public institutions, their basic operating budgets, are among the more obvious examples...