Tax Reform Act of 1969: Hearings, Ninety-first Congress, First Session, on H.R. 13270: to Reform the Income Tax Laws. Sept. 4-Oct. 22, 1969, Volumul 4;Volumul 7,Partea 4U.S. Government Printing Office, 1969 - 6777 pagini |
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Pagina 2685
... basis of suggesting that it be taxed as regular income ? Mr. MEANY . That is one of the bases . The general basis is as I stated in my testimony , that the fellow who works with his hands and draws a salary , he has got to pay on his ...
... basis of suggesting that it be taxed as regular income ? Mr. MEANY . That is one of the bases . The general basis is as I stated in my testimony , that the fellow who works with his hands and draws a salary , he has got to pay on his ...
Pagina 2712
... basis . You put in dollars that depreciate or are deductible . You take out capital gains . As in oil exploration , you are better off if you are presently paying high income taxes , say , 60 % or better . This makes every ingoing ...
... basis . You put in dollars that depreciate or are deductible . You take out capital gains . As in oil exploration , you are better off if you are presently paying high income taxes , say , 60 % or better . This makes every ingoing ...
Pagina 2716
... basis accounting system that has been to the benefit of the ordinary legitimate farmer . I do not want to do that . I want only to correct abuses that have grown up , and at the same time , continue the cash basis system for the benefit ...
... basis accounting system that has been to the benefit of the ordinary legitimate farmer . I do not want to do that . I want only to correct abuses that have grown up , and at the same time , continue the cash basis system for the benefit ...
Pagina 2718
... basis accounting , but people who abuse these accounting rules by creating artificial farm losses to offset substantial amounts of nonfarm income , do not . The CHAIRMAN . Senator Gore ? Senator GORE . Are you satisfied with the House ...
... basis accounting , but people who abuse these accounting rules by creating artificial farm losses to offset substantial amounts of nonfarm income , do not . The CHAIRMAN . Senator Gore ? Senator GORE . Are you satisfied with the House ...
Pagina 2720
... basis by limiting the amount of artificial losses that can be used to offset non farm income . Senator GORE . Thank you , Senator . I note you have given a great deal of study to this problem , and you have been a member of this ...
... basis by limiting the amount of artificial losses that can be used to offset non farm income . Senator GORE . Thank you , Senator . I note you have given a great deal of study to this problem , and you have been a member of this ...
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adjusted gross income AFL-CIO agricultural allocation of deductions amendment amount Association average banks basis Bond Buyers bond issues bond market borrowing capital gains cash Chairman City Congress cooperatives corporate bonds County depreciation dollars earnings economic effect exempt farm losses farmers Federal Government Federal income tax financing funds government bonds Governor Hobby Loss horse breeding House bill increase individuals interest costs interest rates Internal Revenue Internal Revenue Code investment investors legislation limit on tax livestock Mayor Means Committee MEANY ment million municipal bond interest municipal bonds National operations ordinary income paid patronage percent Prepared statement present problem profit proposed provisions of H.R. racing result Section 531 securities Senator BYRD Senator CURTIS Senator FANNIN Senator METCALF Senator MILLER Senator WILLIAMS Spindletop subsidy SURREY tax preference tax rate tax reform tax-exempt taxable bonds taxable income taxation taxpayers Thoroughbred tion Treasury U.S. Senator