Tax Proposals Contained in the President's New Economic Policy: Hearings, Ninety-second Congress, First Session ...U.S. Government Printing Office, 1971 - 1362 pages |
Common terms and phrases
abroad additional Administration Administration's American assets Association August 15 automobile balance of trade billion border tax adjustments Chairman Mills Committee competitive Congress consumer CORMAN corporations countries dealers deficit depreciation DISC proposal DISC tax dollar domestic economic effect employment enacted Exchange Funds excise tax expansion export of U.S. favor Federal Federated Investors foreign GATT GIBBONS imports incentive income tax increased exports inflation Internal Revenue Code inventory investment credit investment tax credit investors job development credit labor legislation letter dated September machinery and equipment machines ment National percent President's problem profits purchases repeal result revenue loss Section 351 September 17 standard deduction statement stimulate subsidy substantial surcharge tax adjustment tax benefits tax cuts tax deferral tax reduction taxation taxpayers tion Treasury trucks U.S. exports U.S. manufacturers U.S. products U.S. tax United wage Water Company wholesalers WHTC WILBUR D
Popular passages
Page 1300 - Credit available, it should be made clear that this tax credit is not to be passed on to the consumer in the form of lower rates but is to be available to the companies for financing job-producing facilities.
Page 1149 - Section 351 (a) provides, in general, for the nonrecognition of gain or loss upon the transfer by one or more persons of property to a corporation solely in exchange for stock or securities in such corporation...
Page 1270 - Hon. WILBUR D. MILLS, Chairman, House Ways and Means Committee, US House of Representatives, Washington, DC DEAR CONGRESSMAN...
Page 1163 - Nationals and companies of either Party shall be accorded within the territories of the other Party...
Page 1163 - national treatment" means treatment accorded within the territories of a Party upon terms no less favorable than the treatment accorded therein, in like situations, to nationals, companies, products, vecsels or other objects, as the case may be, of such Party. 2. The term "most-favored-nation treatment...
Page 1352 - The liberalization of United States and Canadian automotive trade in respect of tariff barriers and other factors tending to impede it, with a view to enabling the industries of both countries to participate on a fair and equitable basis in the expanding total market of the two countries...
Page 1151 - EXCHANGE FUNDS Both the New York Stock Exchange and the Securities and Exchange Commission have in the past put their enthusiastic stamps of approval on the organization and operation of Exchange Funds, and for very good reasons.
Page 1206 - Mr. Chairman and members of the committee, I wish to express my appreciation for this opportunity to submit some of my views on the Domestic International Sales Corporation (DISC) provisions of HR 105H7.
Page 1147 - Both the New York Stock Exchange and the Securities and Exchange Commission have enthusiastically approved the organization and operation of Exchange Funds. These regulatory agencies look upon these Funds as a highly desirable mechanism for the controlled and regulated release of "locked-in securities...
Page 1160 - ... investment in production for peace. To give that system a powerful new stimulus, I shall ask the Congress, when it reconvenes after its summer recess, to consider as its first priority the enactment of the Job Development Act of 1971. I will propose to provide the strongest short-term incentive in our history to invest in new machinery and equipment that will create new jobs for Americans...