Tax cut proposals: hearings before the Committee on Finance, United States Senate, Ninety-sixth Congress, second session

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U.S. Government Printing Office, 1980
 

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Stranica 1416 - Real Estate Construction and Rehabilitation Tax Incentives Act of 1980". rt>) AMENDMENT OP 1954 CODE. — Except as otherwise expressly provided, whenever in this Act an amendment or repeal is expressed in terms of an amendment to, or repeal of, a section or other provision, the reference shall be considered to be made to a section or other provision of the Internal Revenue Code of 1954.
Stranica 1417 - In computing the credit under section 38, then the tax under this chapter for such taxable year shall be increased by an amount equal to the aggregate decrease in the credits allowed under section 38 for all prior taxable years...
Stranica 2133 - Associations, and in particular a committee of the Section of Corporation, Banking and Business Law of the American Bar Association, of which Mr.
Stranica 1144 - It is increasingly clear that no matter what party is in power, so long as our national security needs keep rising, an economy hampered by restrictive tax rates will never produce enough revenue to balance the budget — just as it will never produce enough jobs or enough profits.
Stranica 1422 - ... (1) the statutory period for the assessment of any deficiency attributable to any part of such gain shall not expire before the expiration of 3 years from the date...
Stranica 1116 - Caravan survey result does not vary, plus or minus, by more than the indicated number of percentage points from the result that would be obtained if interviews had been conducted with all persons in the universe represented by the sample.
Stranica 1422 - Such deficiency may be assessed before the expiration of such 3-year period notwithstanding the provisions of section 6212 (c) or the provisions of any other law or rule of law which would otherwise prevent such assessment.
Stranica 2124 - ... competing with the major corporations. The US Congress can help restore the American dream by passing legislation facilitating the recovery of capital. But it must be of genuine help for the small business and not a tool for big business to continue to take over and freeze out small business as it has been doing for years. The corporate giants, with their easy access to capital at the lowest rates, would use any legislation to accelerate expansion to the disadvantage of small business if there...
Stranica 2093 - One factor cited in virtually all studies of the productivity slow down as a major or a paramount cause is the low capital stock due to the recent inadequate levels of investment. If the capital stock-labor force ratio is to rise, that investment (gross investment less depreciation) must be sufficiently large so that the capital stock grows more rapidly than the labor force. This was the case until 1974, when the capital stock-labor force ratio peaked at $10,604 (in 1972 dollars) per person.
Stranica 2006 - Beginning in 1979 employers outside the personal service sector have been able to obtain a tax credit of 50 percent of the first $6,000 of wages per employee for the first year of employment and 25 percent of such wages for the second year of employment for the hiring of certain categories of workers.

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