Incentives for Economic Growth: Hearings Before the Subcommittee on Taxation and Debt Management Generally of the Committee on Finance, United States Senate, Ninety-fifth Congress, First Session

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169. lappuse - For the purpose of this study, a subsidy is defined as the provision of Federal economic assistance, at the expense of others in the economy, to the private sector producers or consumers of a particular good, service or factor of production. The Government receives no equivalent compensation in return, but conditions the assistance on a particular performance by the recipient - a quid pro quo - that has the effect of altering the price or costs of the particular good, service, or factor to the subsidy...
411. lappuse - ... 50 percent of the excess of net long-term capital gains over net short-term capital losses.
487. lappuse - Any national secondary ambient air quality standard prescribed under subsection (a) shall specify a level of air quality the attainment and maintenance of which in the judgment of the Administrator, based on such criteria, is requisite to protect the public welfare from any known or anticipated adverse effects associated with the presence of such air pollutant in the ambient air.
55. lappuse - ... subsidiary assets first placed in service during the taxable year of election in an asset guideline class, provided that — (a) the unadjusted basis of eligible subsidiary assets first placed in service during the taxable year in the class is as much as 3 percent of the unadjusted basis of all eligible property first placed in service during the taxable year in the class, and (b) such subsidiary assets are first placed in service by the taxpayer before the earlier of...
496. lappuse - certified pollution control facility" means a new identifiable treatment facility which is used, in connection with a plant or other property in operation before January 1, 1969, to abate or control water or atmospheric pollution or contamination by removing, altering, disposing, or storing of pollutants, contaminants, wastes, or heat and which...
487. lappuse - ... which will result in reasonable further progress toward the national goal of eliminating the discharge of all pollutants, as determined in accordance with regulations issued by the Administrator pursuant to section 304(b)(2) of the Act.
305. lappuse - We used to think you could just spend your way out of a recession and increase employment by cutting taxes and boosting Government spending. I tell you, in all candour, that that option no longer exists, and insofar as it ever did exist it only worked by injecting a bigger dose of inflation followed by a higher level of unemployment.
151. lappuse - Stanley S. Surrey and William F. Hellmuth, "The Tax Expenditure Budget — Response to Professor Bittker,
329. lappuse - For the first time, we have large and growing numbers of people simultaneously espousing the Democrat philosophy of low interest rates and the Republican doctrine of a balanced budget. In connection with this — I include this very unnoticed quote. We used to think you could just spend your way out of a recession and increase employment by cutting taxes and boosting Government spending. I tell you, in all candour, that that option no longer exists...
169. lappuse - ... factor of production. The Government receives no equivalent compensation in return, but conditions the assistance on a particular performance by the recipient — a quid pro quo — that has the effect of altering the price or costs of the particular good, service, or factor to the subsidy recipient, so as to encourage or discourage the output, supply, or use of these items and the related economic...

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