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" As indicated above, the credit is available only to those with retirement income — that is, some form of investment or pension income in the taxable year. Elderly individuals who must support themselves by earning modest amounts and who have no investment... "
Budget Issues: Staff Studies for Fiscal 1977 - Page 107
by United States. Congress. Senate. Committee on the Budget - 1976 - 165 pages
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Tax Reform Act of 1975: Hearings Before the Committee on Finance, United ...

United States. Congress. Senate. Committee on Finance - 1976 - 506 pages
...present credit. This feature of present law is unfair. Elderly individuals who rely on earned income should be allowed the same retirement income credit as those who live on investment income. In 1973, we recommended a revision of the retirement income credit. With one exception, HR 10612 follows...
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Annual Report of the Secretary of the Treasury on the State of the Finances

United States. Dept. of the Treasury - 1975 - 1114 pages
...present credit. This feature of present law is unfair. Elderly individuals who rely on earned income should be allowed the same retirement income credit as those who live on investment income In 1 973, we recommended a revision of the retirement income credit. With one exception, HR 10612 follows...
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