Tax Reform Proposals: Hearing Before the Committee on Finance, United States Senate, Ninety-ninth Congress, First SessionU.S. Government Printing Office, 1985 |
Other editions - View all
Common terms and phrases
AARON alternative minimum tax American appreciated property assets BASELINE bill billion Boskin bracket capital gains Chairman changes charitable contributions charitable deduction charitable giving Clotfelter colleges and universities Congress corporate tax cost of capital current law deduction for nonitemizers deficit depreciation DIFF dollar econometric economic effect elimination Enrolled Agents estimates exemption Federal Foundation Fund Greenspan growth higher education impact income tax increase indexed individuals industries inflation interest rates Internal Revenue Service investment incentives investment tax credit itemize itemized deductions July 9 lower major marginal tax rates minimum tax percent personal tax President's plan President's proposal PRESIDENTS TAX REFORM problems programs provisions raise Reagan reduce repeal result Sacred Heart League sector Senator CHAFEE Senator MOYNIHAN Senator ROTH tax base tax code tax expenditures tax law tax preferences tax reform proposal tax shelters tax system taxation taxpayers Thank tion Treasury proposal United
Popular passages
Page 85 - American Association of community and Junior Colleges American Association of State Colleges and Universities American Council on Education Association of American universities Association of Catholic Colleges and Universities Association of Jesuit Colleges and Universities...
Page 80 - HIGHER EDUCATION NATIONAL ASSOCIATION OF COLLEGE AND UNIVERSITY BUSINESS OFFICERS NATIONAL ASSOCIATION OF INDEPENDENT COLLEGES AND UNIVERSITIES NATIONAL ASSOCIATION OF STATE UNIVERSITIES AND LAND-GRANT COLLEGES...
Page 178 - The impersonal hand of Government can never replace the helping hand of a neighbor." If Congress wishes to reduce spending in human services programs, and at the same time ask American charities to increase services, please do not change the current charitable giving incentives.
Page 89 - During consideration of the Treasury plan, a good deal of concern was focused upon the proposal to tax unrealized appreciation in charitable contributions of property. Although the Administration rejected this approach, it has proposed that the unrealized appreciation element of contributions be treated as a tax preference item for purposes of the alternative minimum tax.
Page 8 - That statement includes the liberalized of depreciation rules included in the White House proposal; the move away from indexing of all capital gains and taxing them in full; and the abandonment of any attempt to index interest income. The reasons why these changes were a move for the worse were stated cogently by Mr. Greenspan. All lead to tax-induced distortions in investment choice away from market indicators. The second point that I would like to make is that I think Congress should look for a...
Page 43 - California Community Foundation Call for Action, Inc. Camp Fire, Inc. Cancer Care, Inc. and The National Cancer Foundation, Inc. CARE Career Training Foundation Carnegie Corporation of New York Carnegie Foundation for the Advancement of Teaching Carter Hawley Hale Stores, Inc. Catalyst for Women, Inc. Caterpillar Foundation CBS Inc. CEIP Fund, Inc. Center for Corporate Public Involvement Center for Creative Leadership Center for Creative Management Center for National Policy Center for Responsive...
Page 43 - Association for International Practical Training Association for Volunteer Administration Association of American Colleges Association of American Universities Association of Art Museum Directors Association of Black Foundation Executives, Inc. Association of Governing Boards of Universities and Colleges Association of Independent Conservatories of Music Association of Jesuit Colleges and Universities Association of Junior Leagues, Inc. Association of Professional Vocal Ensembles Association of Voluntary...
Page 42 - Allstate Foundation American Arts Alliance American Assembly American Association for the Advancement of Science American Association for Higher Education American Association of Fund-Raising Counsel, Inc. American Association of Homes for the Aging American Association of Museums American Association of Retired Persons American Association of University Women American...
Page 43 - Chesebrough-Pond* s Inc. Chevron USA, Inc. Child Care Action Campaign Children's Aid International Christian Church Foundation Christian Ministries Management Association Church Women United CIGNA Foundation Citicorp/Citibank Citizen's Scholarship Foundation of America, Inc.