Economic Report of the President: Hearings Before the Joint Economic Committee, Congress of the United StatesU.S. Government Printing Office, 1969 |
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Page 97
... ment rate should remain below 4 percent . Real incomes should advance generally , and prosperity should be extended . We should witness a moderation of import demand , a reduction of pressures in financial markets , and gradual ...
... ment rate should remain below 4 percent . Real incomes should advance generally , and prosperity should be extended . We should witness a moderation of import demand , a reduction of pressures in financial markets , and gradual ...
Page 109
... ment Bank , a bank whereby moneys can be raised in the private mar- ket and channeled at lower interest rates to urban areas . So , I think the record is quite clear that there has been a dramatic and important shift to urban areas ...
... ment Bank , a bank whereby moneys can be raised in the private mar- ket and channeled at lower interest rates to urban areas . So , I think the record is quite clear that there has been a dramatic and important shift to urban areas ...
Page 120
... ment , the Secretary of the Treasury , and to the Bank . TAX EXEMPTION SEC . 15. The Bank , its property , its franchise , capital , reserves , surplus , security holdings , and other funds , and its income shall be exempt from all ...
... ment , the Secretary of the Treasury , and to the Bank . TAX EXEMPTION SEC . 15. The Bank , its property , its franchise , capital , reserves , surplus , security holdings , and other funds , and its income shall be exempt from all ...
Page 121
... ment evidencing debt . SEPARABILITY SEC . 22. If any provision of this Act or the application thereof to any person or circumstance , is held invalid , the validity of the remainder of the Act , and the application of such provisions to ...
... ment evidencing debt . SEPARABILITY SEC . 22. If any provision of this Act or the application thereof to any person or circumstance , is held invalid , the validity of the remainder of the Act , and the application of such provisions to ...
Page 132
... ment of $ 2,3001 when the exempt rate relative to the corporate rate is- Marginal tax rate ( in percent ) 70 . 60 48 . 30 70 percent 80 percent 85 percent $ 57 $ 71 43 26 0 -14 201403 57 $ 78 64 47 21 49160 42 20 15 . 1 An investment of ...
... ment of $ 2,3001 when the exempt rate relative to the corporate rate is- Marginal tax rate ( in percent ) 70 . 60 48 . 30 70 percent 80 percent 85 percent $ 57 $ 71 43 26 0 -14 201403 57 $ 78 64 47 21 49160 42 20 15 . 1 An investment of ...
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adjustment administration AFL-CIO American assistance average balance of payments Bank billion bonds border tax adjustments budget outlays capital cent Chairman PATMAN competition Congress continue corporations cost debt deficit dollars domestic effect estimate expansion exports Federal Reserve financing fiscal policy forecast foreign funds GATT going gross national product growth housing impact important income increase industry inflation inflationary interest rates investment Joint Economic Committee Kennedy labor legislation major manpower MARTIN MAYO MCCRACKEN MEANY ment monetary policy money supply negotiations nontariff barriers percent President problem programs projected proposed quarter question reduce Representative REUSS Representative WIDNALL restraint rise Secretary SHULTZ Senator JAVITS Senator MILLER Senator PERCY Senator PROXMIRE spending statement surcharge surplus surtax tariff tax expenditures tion Trade Expansion Act trade policy Treasury U.S. Government unemployment United VOLCKER wage Zwick