Hearings, Reports and Prints of the Senate Committee on FinanceU.S. Government Printing Office, 1980 - Finance, Public |
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Page 6
... tion of such person's allocation under subpara- graph ( A ) shall be made by reference to the related group which results in the smallest alloca- tion for such person . " . 20 SEC . 2. EFFECTIVE DATE . 21 The amendments made by section ...
... tion of such person's allocation under subpara- graph ( A ) shall be made by reference to the related group which results in the smallest alloca- tion for such person . " . 20 SEC . 2. EFFECTIVE DATE . 21 The amendments made by section ...
Page 34
... tion which is a must for the national security of our country . Mr. Chairman , you and Senator Dole and I and others have fought at every turn to prevent the windfall profit tax from passing . Unfortunately , we didn't have the votes ...
... tion which is a must for the national security of our country . Mr. Chairman , you and Senator Dole and I and others have fought at every turn to prevent the windfall profit tax from passing . Unfortunately , we didn't have the votes ...
Page 37
... on the energy sector of this country . Of course I would like to see the entire piece of legislation repealed , but as an alternative the least we could do is allow a 25 - barrel exemp- tion on a per lease basis . This would greatly 37.
... on the energy sector of this country . Of course I would like to see the entire piece of legislation repealed , but as an alternative the least we could do is allow a 25 - barrel exemp- tion on a per lease basis . This would greatly 37.
Page 38
... tion in the face of continuing crises , then it represents an abdication of that responsibility . It is in the popular vernacular a copout . In short this tax is living proof of the inability of our leaders to please all the people all ...
... tion in the face of continuing crises , then it represents an abdication of that responsibility . It is in the popular vernacular a copout . In short this tax is living proof of the inability of our leaders to please all the people all ...
Page 41
... tion , economic sanity or human consideration for applying this tax to the royalty owners . Secondly , I urge an examination of special relief for marginal stripper wells . Surely there is no logic in shutting down , through an overly ...
... tion , economic sanity or human consideration for applying this tax to the royalty owners . Secondly , I urge an examination of special relief for marginal stripper wells . Surely there is no logic in shutting down , through an overly ...
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Common terms and phrases
amended average barrels believe beneficiaries bill borrowing Chairman Congress cost crude oil disability insurance disabled person disabled workers drilling economic effect eligibility employment energy estimated family benefits farm farmers Federal Finance Committee fiscal going Government hearing income tax increase independent producers individual inflation Kansas lease legislation major Medicaid Medicare million month monthly National OASI oil companies oil produced Oklahoma payments payroll tax percent problem Profit Tax Act projected proposal receive recommendations reduce rehabilitation revenue Robert Dole royalty check royalty income royalty interest security financing Senator BENTSEN Senator Boren Senator DOLE Senator NELSON small royalty owners Social Security Act Social Security Administration social security benefits social security disability social security system statement stripper Subcommittee Supplemental Security Income tax rate Texas Thank Tier tion trust fund U.S. Senate wage windfall profit tax windfall tax