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Telephone Tax Reform Debate Backs Gas and Phone Firms
In Washington supporters of accelerated depreciation and flow through for utilities, notably telephone and natural gas pipelines, push to limit regulator powers. Officials of AT&T and others argue fast depreciation lowers taxes and could raise rates, while critics warn of inflation and higher consumer costs. The Senate Finance Committee adds provisions in the tax reform bill to allow some flow through for existing users and to extend relief to new property under regulatory approval.
MENTIONED IN THIS ARTICLE
Washington
A. L. Sto
Vivo
American ‘Telephoto and Telegraph Co
Miral
Ways and Neans Committee
Snemocth
Teleshmie
Tuni
Senate
Simrey
Miltee
Ways and
Tops
Richard Ful
Jackson EB. Betts
O. Harman T. Sehteceli
hPa
Joel T. Broyhil
Riva
Wal
Streight
House
ATKT
Stott
Telemore
Pecsie
Congress
Gybich
Federal Power Commission
Power Commission
Lee C. White
Ways and Means
Regulatory
Utili Fies
California
Publc Utiilies Commission
Sx Advantages. the Abilities Reply That They Can't Guarantee — Continued Browth
Stoh
Stolt
Devnard Strassurg
Common Carrier Bureau
FCC
At&t
Bell
Ubility
Walter Rogers
Texas
Independent Natural Gas Association of Ameriica