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Summary of administration tax and budget reduction proposals (as announced in the president"s message of February 18, 1981)

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Published by U.S. G.P.O. in Washington .
Written in English

Subjects:

Places:

  • United States.

Subjects:

  • Income tax -- United States,
  • Depreciation allowances -- United States,
  • Investment tax credit -- United States,
  • User charges -- United States

Book details:

Edition Notes

Statementprepared for the Committee on Ways and Means, House of Representatives and the Committee on Finance, United States Senate by the staff of the Joint Committee on Taxation.
ContributionsUnited States. Congress. House. Committee on Ways and Means., United States. Congress. Senate. Committee on Finance., United States. Congress. Joint Committee on Taxation.
Classifications
LC ClassificationsHJ4652 .S93
The Physical Object
Pagination15 p. ;
Number of Pages15
ID Numbers
Open LibraryOL3140343M
LC Control Number82601011

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Summaries of Revenue Raising Proposals. Budget Control Proposals. Congressional Budget Office (CBO) Analysis of August 1 Budget Control Act August 1, Comparison of Updated Budget Control Act Proposals July 29, Congressional Budget Office (CBO) Analysis of the Impact on the Deficit of the Budget Control Act of as Revised in the. Nov 10,  · In the ordinary course the Treasury Department would release in early the new administration’s tax proposals (the “Green Book”); the Congress could introduce a bill embodying either a partial or comprehensive tax reform proposal at any time. Below is a summary of the most important elements of both tax reform proposals. Annexure C: Summary of tax proposals Tax on Companies It is proposed that the rate for gold mines which have elected not to be exempt from the payment of STC be reduced as follows: ♦ Formula tax rate from y = 43 – ( ÷ x) to y = 37 – ( ÷ x), where y equals the tax rate and x equals the profit ratio. An Analysis of the President’s Budget Summary The Congressional Budget Office, in collaboration with the staff of the Joint Committee on Taxation (JCT), examined the proposals that the Administration submit-ted to the Congress on May 23, This analysis is .

Descriptions and revenue estimates of the tax proposals in the Budget are contained in the Treasury Department’s General Explanations of the Administration’s Fiscal Year Revenue Proposals (Treasury Green Book or Green Book) also released on 10 April In total, the Administration’s international tax proposals have been estimated by. A reduction and simplification of the Estate Administration Tax. To make life easier for families, Ontario is proposing to eliminate the Estate Administration Tax on the first $50, of the value of the estate. The Estate Administration Tax would continue to apply to the . Summary of Proposed Tax Reforms. FY Executive Budget. Day Amendments. series of proposals for consideration and comment, all designed to advance four primary goals: first, making $, in wage income would see a federal income tax reduction of . Children’s Health Insurance Program and amendments to the tax code in that law. deficits by $ trillion over the budget window. These proposals encompass an aggressive set of actions to.