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Surcharge Extension Agreement Reached in Congress
Senate and House leaders reached a five month extension of the 10 percent income surcharge. The plan extends the tax until November 3 while tying passage to a broader tax reform package. The compromise involves Senate Finance Committee action and a House extension vote, with negotiations led by Senator Mansfield and Senator Long.
MENTIONED IN THIS ARTICLE
Washington
Senate
Asi
Mike Mansfield
House
Ways and Means Committee
Nixon
Poland
Watil Kage
Thurst Mieasure
Senate Finance Committee
Sen
Russell
Long
D-La