Taxation in the District of Columbia: Hearings Before the Subcommittee on Fiscal Affairs of the Committee on the District of Columbia, House of Representatives, Seventy-sixth Congress, First Session, March 7,9,15,21, and 28, 1939

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Page 35 - ... (a) For each year ending June 30, beginning with the year ending June 30, 1936, there is hereby imposed upon every domestic corporation with respect to carrying on or doing business for any part of such year an excise tax of $1 for each $1,000 of the adjusted declared value of its capital stock.
Page 103 - I am simply trying to point out that it is veryhard for us to know to what we should give credence or withhold it. Mr. WOOD. Mr. Katz appeared before you as secretary of the Washington Industrial Union Council of the Congress of Industrial Organizations. Mr. NICHOLS. If there is nothing further this morning, the subcommittee will adjourn, to meet at 10 am next Tuesday. (Thereupon, at 12:30 pm Wednesday, March 15, 1939, the subcommittee adjourned, to meet at 10 am Tuesday, March 21, 1939.) TAXATION...
Page 27 - January 1 7 that recent Bureau of Labor statistics figures show that three-quarters of the total family expenditures in the lowest income groups goes for food and housing combined. On the basis of these figures it has been estimated that a $1,000 income would pay less than $5 in retail sales taxes spread over an entire year. People with earned income over $14,000 or investment income over $500 will pay both the sales tax and the personal income tax, the combination resulting in effective progressive...
Page 43 - Statistics' figures show that three-quarters of the total family expenditures in the lowest income groups goes for food and housing combined. On the basis of these figures, it has been estimated that a $1,000 income would pay less than $5 in retail sales taxes, spread over an entire year. People with earned income over $14,000 or investment income over $500 will pay both the sales tax and the personal income tax, the combination resulting in effective progressive taxation. 6 The combined personal...
Page 82 - Committee for Fair Taxation. I should like to say that I do not hold myself to be a tax expert. We should like to state at the outset, Mr. Chairman, that we have no intention of rehashing in detail all the arguments that have been offered against the sales tax by this citizens' committee during the past three sessions of Congress. Aside from the fact that this subcommittee is familiar with most of the arguments for and against it, the sales tax is wholly unnecessary from the standpoint of revenue...
Page 21 - Columbia as to the fact and the law in those cases in which there is no absolute right of appeal, and the solution of the matter is left to the discretion and judgment of the Commissioners.
Page 105 - ... least approximately, before it can be determined how much revenue must be raised through taxing the District residents and their property. Therefore, the Federation of Citizens' Associations believes that, before any special types of additional taxes are considered, consideration should be given to the amount of the Federal payment toward the expenses of the District. In the opinion of the Federation, the present payment of $5,000,000 a year does not truly represent the real obligation of the...
Page 1 - Mississippi JOE B. BATES, Kentucky WILLIAM D. BYRON, Maryland PIUS L. SCHWERT, New York JOSEPH A. McARDLE, Pennsylvania FRANK W. FRIES, Illinois HERMAN P. EBERHARTER, Pennsylvania RUDOLPH Q.
Page 42 - ... time. The increase in governmental costs is not in direct proportion to the increase in population. I have learned that the maintenance and operating costs of the Government have increased at the rate of 4 percent a year over the past 18 years. In dollars this increase has been from $17,378,359 in 1920 to $40,064,883 in 1938, an increase for the 18-year period of $22,686,524, or more than doubled. There is also increased expenditure for capital outlay with a constantly increasing population....
Page 43 - ... An income tax on all salaries except Federal salaries would be grossly unfair. Instead, a sales tax will reach all according to their expenditures without discrimination as to the sources of their income. The transient, the lobbyist, the rootless resident, and the seasonal sojourner, all these will contribute something toward maintaining the costly, ornamental features of the District, for which they are in part responsible. 15. There are a few incomes of Federal employees in the District which...

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