Revenue Act of 1940: Hearings Before the Committee on Finance, United States Senate, Seventy-sixth Congress, Third Session, on H. R. 10039 |
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Common terms and phrases
30 cents abnormal profits additional revenue additional tax agriculture alcohol ALVORD American amount annual approximately BAILEY BELL BERKSHIRE billion blended whisky bonds Budget cents per pound CHAIRMAN cigar industry commodities Congress consumption corporation cost crop debt limit deficit distilled spirits earmarked estimated excise taxes exemption expenditures expenses export Federal Government Federal tax fiscal year 1941 fund gasoline going imposed income taxes increase in tax Internal Revenue June 13 Kentucky LANIER levied liquor manufacturers national defense PAT HARRISON percent present proposed increase raise rectification tax rectifier reduced retail Secretary MORGENTHAU Senate Finance Committee Senator BARKLEY Senator BROWN Senator BYRD Senator CLARK Senator CONNALLY Senator GEORGE Senator KING Senator LA FOLLETTE Senator VANDENBERG statement straight whisky SULLIVAN supertax surtax tax bill tax burden tax on tobacco tax rate taxation tobacco farmers tobacco growers tobacco products tobacco taxes UNITED STATES SENATE
Popular passages
Page 113 - Congress, to employ such experts, and such clerical, stenographic, and other assistants, to require by subpena or otherwise the attendance of such witnesses and the production of such correspondence, books, papers, and documents, to administer such oaths, to take such testimony, and to make such expenditures, as it deems advisable.
Page 113 - Vacancies in the membership of the joint committee shall not affect the power of the remaining members to execute the functions of the joint committee, and shall be filled in the same manner as in the case of the original selection. The joint committee shall select a chairman and a vice chairman from among its members.
Page 113 - Congress who are members of the Commission shall serve without compensation in addition to that received for their services as Members of Congress; but they shall be reimbursed for travel, subsistence, and other necessary expenses incurred by them in the performance of the duties vested in the Commission.
Page 113 - ... and to make such expenditures, as it deems advisable. The cost of stenographic services to report such hearings shall not be in excess of 25 cents per hundred words. The expenses of the committee, which shall not exceed $5,000, shall be paid from the contingent fund of the Senate upon vouchers approved by the chairman.
Page 113 - Any vacancy in the Commission shall not affect its powers, but shall be filled in the same manner in which the original appointment was made.
Page 113 - Finance, and to submit any relevant or useful information thus obtained to the Senate, the House of Representatives, the Committee on Ways and Means, or the Committee on Finance.
Page 112 - Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled. That it is hereby declared to be the policy of the Congress...
Page 151 - In the case of — (1) A lease, (2) A contract for the sale of an article wherein it Is provided that the price shall be paid by Installments and title to the article sold does not pass until a future date notwithstanding partial payment by installments...
Page 113 - The committee is authorized to utilize the services, information, facilities, and personnel of the various departments and agencies of the Government...
Page 74 - ... distribution, sale, export, and use of alcohol which may be necessary, advisable, or proper, to secure the revenue, to prevent diversion of the alcohol to illegal uses, and to place the nonbeverage alcohol industry and other industries using such alcohol as a chemical raw material or for other lawful purposes upon the highest possible plane of scientific and commercial efficiency consistent with the interests of the Government, and which shall insure an ample supply of such alcohol and promote...