 ... about $500,000,000 for the taxable year 1921. The estimated yield for the year from the surtax rates above 32 per cent would be about $100,000,000. The immediate loss in revenue that would result from the repeal of the higher surtax brackets would...  Revenue Act of 1924 - Page 112by United States. Congress. Senate. Committee on Finance - 1924Full view - About this book
 | United States. Department of the Treasury - 1922 - 1102 pages
...the repeal of the higher surtax brackets would be relatively small, and the ultimate effect should be an increase in the revenues. 3. Retain the miscellaneous...transportation tax, the tobacco taxes, the tax on 70073— FI 1921 23 admissions, and the capital-stock tax, but repeal the minor "nuisance " taxes,... | |
 | United States U.S. Congress. Senate. Committee on finance - 1921 - 802 pages
...the repeal of the higher surtax brackets would be relatively small, and the ultimate effect should be an increase in the revenues. 3. Retain the miscellaneous...are difficult to enforce, relatively unproductive, arid unnecessarily vexatious. The repeal of these miscellaneous special taxes would, it is estimated,... | |
 | United States. Congress. House. Committee on Ways and Means - 1921 - 490 pages
...document, and on page 4, designated as paragraph 3, he states: Retain the miscellaneous specific -sales taxes and excise taxes, including the transportation...relatively unproductive, and unnecessarily vexatious. That is specifically what I am referring to The CHAIRMAN. That did not refer to candy. Mr. FULLER.... | |
 | United States. Congress. House. Committee on Ways and Means - 1924 - 548 pages
...to Hon. Joseph W. Pordney, chairman of your committee, April 30, 1921, in the following language: " Repeal the minor nuisance taxes, such as the taxes...relatively unproductive, and unnecessarily vexatious." It is only necessary to quote the following from Regulations 52, revised December, 1921, relating to... | |
 | 1921 - 1334 pages
...the repeal of the higher surtax brackets would be relatively small, and the ultimate effect should be an increase in the revenues. 3. Retain the miscellaneous...tax, but repeal the minor "nuisance" taxes, such as trie taxes on fountain drinks and the miscellaneous taxes levied under section 904 of the revenue act,... | |
 | 1922 - 776 pages
...surtaxes upon incomes be reduced to about 40 per cent for 1921 and to about 33 per cent thereafter, (3) The miscellaneous specific-sales taxes and excise...taxes, the tax on admissions and the capital-stock tax be retained but that the minor so-called "nuisance" taxes on fountain drinks, etc., be repealed, (4)... | |
 | 1921 - 714 pages
...ultimate effect should be an increase in revenue. 4.- Retention of the miscellaneous1 specific sales taxes and excise taxes, including the transportation...tax, the tobacco taxes, the tax on admissions and the capital stock tax. 5. Repeal of the minor "nuisance" taxes, such as the taxes on fountain drinks and... | |
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