Excess Profits Tax Extension: Hearings Before the Committee on Ways and Means, House of Representatives, Eighty-third Congress, First Session, on the President's Recommendation to Extend for 6 Months the Excess Profits TaxU.S. Government Printing Office, 1953 - 764 pages |
From inside the book
Results 1-5 of 100
Page 4
... increase in the old - age insurance tax from 1 to 2 percent on both employees and employers , now scheduled to go into effect next January 1 , should be postponed until January 1 , 1955 . The old - age and survivors trust fund has now ...
... increase in the old - age insurance tax from 1 to 2 percent on both employees and employers , now scheduled to go into effect next January 1 , should be postponed until January 1 , 1955 . The old - age and survivors trust fund has now ...
Page 42
... increase . We believe the converse is true , that when cost and economy become a high - level policy issue and are spread throughout the whole governmental machinery , savings multiply and increase . We shall have to scrutinize the ...
... increase . We believe the converse is true , that when cost and economy become a high - level policy issue and are spread throughout the whole governmental machinery , savings multiply and increase . We shall have to scrutinize the ...
Page 48
... increase in taxes ? I mean by an increase in taxes that we are asking people to pay higher rates of taxes , or taxes that they would not have to pay in a given period of time as the law now stands . Now , does the request constitute a ...
... increase in taxes ? I mean by an increase in taxes that we are asking people to pay higher rates of taxes , or taxes that they would not have to pay in a given period of time as the law now stands . Now , does the request constitute a ...
Page 51
... increase in employment in this period . 4. Reductions in planned budgetary expenditures for 1953 have been sufficient to offset increased requirements of about $ 1 billion for mandatory agricultural price - support payments ...
... increase in employment in this period . 4. Reductions in planned budgetary expenditures for 1953 have been sufficient to offset increased requirements of about $ 1 billion for mandatory agricultural price - support payments ...
Page 67
... increase the social - security tax . Actually , that is going to mean that at some time we are going to have to make that up in the way of additional taxes somewhere . Right now it does change our cash picture because it is the ...
... increase the social - security tax . Actually , that is going to mean that at some time we are going to have to make that up in the way of additional taxes somewhere . Right now it does change our cash picture because it is the ...
Common terms and phrases
additional administration amendment amount average balance the budget base period believe BOGGS borrow BYRNES capital cash budget CHAIRMAN committee Congress continue Corp corporate tax CURTIS of Missouri CURTIS of Nebraska debt December 31 defense deficit dividends dollars EBERHARTER economy effect equipment excess excess-profits tax excess-profits-tax law excise taxes expansion expenditures expire extension fact Federal figures finance fiscal FOLSOM gentlemen going Government growth hear HUGHES income taxes increase industry inequitable inequities investment JENKINS June 30 manufacturers MASON MAYTAG MCCABE ment million MILLS months net income normal operations paid percent plant position present president production profits tax question recommendation reduction relief provisions result retained earnings revenue Secretary HUMPHREY SIMPSON small business statement Sylvania Sylvania Electric Products talking tax law tax rate taxable taxation taxpayer television Thank thing THOMSON tion Treasury World War II
Popular passages
Page 282 - No part of the money appropriated by any enactment of Congress shall. in the absence of express authorization by Congress, be used directly or indirectly to pay for any personal service, advertisement, telegram, telephone, letter, printed or written matter, or other device. intended or designed to influence in any manner a Member of Congress, to favor or oppose, by vote or otherwise, any legislation or appropriation by Congress, whether before or after the introduction of any bill or resolution proposing...
Page 161 - Whoever, being an officer or employee of the United States or of any department or agency thereof...
Page 637 - President in the budget of the United States Government for the fiscal year ending June 30, 1969. The bill would authorize appropriations to be made to the National Aeronautics and Space Administration in the sum of $4,370,400,000, as follows: (1) for "Research and development...
Page vii - Mr. Chairman, it is a great pleasure for me to be here and to have the privilege of appearing before you in the presence of Dr.
Page 748 - ... an increase in the gross income of the taxpayer in its base period or a decrease in the amount of some other deduction in its base period, and is not a consequence of a change at any time in the type, manner of operation, size, or condition of the business engaged in by the taxpayer.
Page 326 - Upon such filing, such court shall have exclusive jurisdiction, by order, to determine the amount, if any, of such excessive profits received or accrued by the contractor or subcontractor, and such determination shall not be reviewed or redetermined by any court or agency except as provided in section 108A.
Page 161 - States or of its departments or agencies from communicating to Members of Congress on the request of any Member or to Congress, through the proper official channels, requests for legislation or appropriations which they deem necessary for the efficient conduct of the public business.
Page 273 - Atkins, will you give your name and the capacity in which you appear? Mr.
Page 325 - Within ninety days after such notice is mailed (not counting Saturday, Sunday, or a legal holiday in the District of Columbia as the ninetieth day...
Page 324 - The benefits of this section shall not be allowed unless the taxpayer within the period of time prescribed by section 322 and subject to the limitation as to amount of credit or refund prescribed in such section makes application therefor in accordance with regulations prescribed by the Commissioner with the approval of the Secretary.