Word: repeals
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...federal excise taxes by $4.63 billion over the next 3½ years. Effective the day after the President signs the bill this week will be cuts of some $1.75 billion, including a reduction to 7% of the 10% tax on cars (retroactive to May 15) and total repeal of the 10% tax on the retail price of jewelry, furs, cosmetics, toiletries, luggage, handbags, and the 10% tax on the manufacturer's price of air conditioners (also retroactive), business machines, sporting goods, phonograph records, musical instruments, television sets, radios, phonographs, photographic equipment and film (see U.S. BUSINESS...
...that I cannot do." Stewart's solution: Let Connecticut citizens persuade their legislature to repeal...
...five hours one day last week for pro and con on the bill. But there was so little con that the debate lasted barely three hours, after which the House passed the bill by a vote of 401 to 6.* As whooshed through by the House, the bill would repeal "luxury" taxes in three stages over four years. The first reduction, amounting to $1.7 billion and to become effective July 1, would repeal the 10% retail tax on jewelry, furs, cosmetics and other toiletries, lug gage, handbags and other leather goods, as well as the 10% manufacturer...
...final reduction of about $1.4 billion would occur gradually between Jan. 1, 1966 and Jan. 1, 1969, and would result in the repeal of the already reduced excise levies on cars and telephone and Teletype service...
...trustees in 1951 under continual prodding by the conservative Columbus Dispatch, is under increasing fire from other Ohio newspapers and the university faculty. Some 300 students protested the rule in April through picketing and sit-in demonstrations. More than 400 teachers have signed petitions calling for its repeal...