Hearings, Reports and Prints of the Senate Committee on FinanceU.S. Government Printing Office, 1976 |
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Page 11
... subsidy payment . We have proposed a 30 percent subsidy limited to the first 12 percent of the interest payable on the taxable municipal bond . We think that this is the right subsidy level to provide a needed " safety valve " for the ...
... subsidy payment . We have proposed a 30 percent subsidy limited to the first 12 percent of the interest payable on the taxable municipal bond . We think that this is the right subsidy level to provide a needed " safety valve " for the ...
Page 12
... subsidy paid to municipal issuers of taxable securities , less the addi- tional revenues generated by the higher ... subsidy costs in addition to those of the previous years . With a 30 percent subsidy , the gross subsidy costs are $ 39 ...
... subsidy paid to municipal issuers of taxable securities , less the addi- tional revenues generated by the higher ... subsidy costs in addition to those of the previous years . With a 30 percent subsidy , the gross subsidy costs are $ 39 ...
Page 13
... subsidy would be simple . The subsidy payment would be made to the paying agent immediately before the interest is payable to the holder . The subsidy would not be released for payment to the holder unless and until the issuer paid its ...
... subsidy would be simple . The subsidy payment would be made to the paying agent immediately before the interest is payable to the holder . The subsidy would not be released for payment to the holder unless and until the issuer paid its ...
Page 14
... subsidy is critical . At the 30 percent level , we have suggested , there will be little in the way of new subsidies which must be paid for by Federal taxpayers ; at 40 percent or more , the subsidy cost will be very substantial ...
... subsidy is critical . At the 30 percent level , we have suggested , there will be little in the way of new subsidies which must be paid for by Federal taxpayers ; at 40 percent or more , the subsidy cost will be very substantial ...
Page 36
... subsidy payment . We have proposed a 30 percent subsidy limited to the first 12 percent of the interest payable on the taxable municipal bond . We think that this is the right subsidy level to provide a needed " safety valve " for the ...
... subsidy payment . We have proposed a 30 percent subsidy limited to the first 12 percent of the interest payable on the taxable municipal bond . We think that this is the right subsidy level to provide a needed " safety valve " for the ...
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Common terms and phrases
additional amended amount assets automatic data processing average banks bill billion black lung bond market capital formation Chairman claims coal Committee companies Congress corporate cost debt deduction depreciation dividends and interest dollars economic effect employees equity estimates extended benefits filed financing fixed investment fund growth impact increase individual industry inflation interest and dividends interest rates Internal Revenue Internal Revenue Code Internal Revenue Service investment tax credit investors issue KILCULLEN Labor legislation loan ment miner minimum tax municipal bonds mutual fund obligations operator paid payments payors percent period pneumoconiosis pollution control problems productivity proposal ratio reduce refund savings Secretary DUNLOP sector Senator CURTIS Senator HASKELL subject to withholding subsidy tax rate tax-exempt tax-exempt bonds taxable bond option taxable municipal taxation taxpayers tion Treasury unem unemployment compensation utilities weeks workers
Popular passages
Page 99 - Tell me not, in mournful numbers, Life is but an empty dream! — For the soul is dead that slumbers, And things are not what they seem. Life is real! Life is earnest! And the grave is not its goal; Dust thou art, to dust returnest, Was not spoken of the soul.
Page 9 - Subcommittee on Commerce, Consumer and Monetary Affairs of the House Committee on Government Operations...
Page 109 - The Secretary of the Treasury, prior to audit or settlement by the General Accounting Office, shall make payment to the State in accordance with such certification, by transfers from the extended unemployment compensation account to the account of such State in the Unemployment Trust Fund.
Page 99 - The analysis of chapter 207 of title 18, United States Code, is amended by striking out the last item and inserting in lieu thereof the following : "3146.
Page 38 - ... issue) on all marketable interest-bearing obligations of the United States then forming a part of the public debt which are not due or callable until after the expiration of 4 years from the end of such calendar month...
Page 131 - institution of higher education" means an educational institution in any State which (1) admits as regular students only persons having a certificate of graduation from a school providing secondary education, or the recognized equivalent of such a certificate, (2) is legally authorized within such State to provide a program of education beyond secondary education...
Page 131 - ... substantially all of which consist of participating in sports or athletic events or training or preparing to so participate, for any week which commences during the period between two successive sport seasons (or similar periods...
Page 40 - Currently marking its 31st year of service, NSBA is a federation of State school boards associations, with direct local school board affiliates, constituted to strengthen local lay control of education and to work for the improvement of education. Most of these school board members, like yourselves, are elected public officials.