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Tax committee suspends Kennedy tax plan amid vote doubts
The House Ways and Means Committee abruptly halted work on President Kennedy's tax program amid speculation that Democrats may lack votes to raise taxes on dividend income. A compromise proposal would give relief to small stockholders and aim for a broader reform, with progress unclear but some sources hopeful for a Thursday agreement. The session also touched on SEC reform, tariffs, factory orders, and a fatal trucking crash in Indiana.
MENTIONED IN THIS ARTICLE
House
Ways & Means Comrmittee
Kennedy
Com
Mittee
SEC
Wall Street
Senate Banking
Securities and Exchange Commission
Commerce Department
Fowler
Pittsburgh
Loretta A. Gick
Annetta
Marine Ee Ba Gick
Donna Inbens Cofnupe
Thane Wastel Oor
St. Elizabeth’s Hospital
Lafayette
Nick Gick
James’ Gick
Thomas F. Goodman