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IRS clarifies prices and wages rules under Stabilization Program
The column explains how the Price Commission and Pay Board set standards for prices and wages, with three control tiers and advance notices for large firms. It notes no dividend or interest restraints are mandatory, outlines post freeze goals, and states retailers must display base prices by January 1, 1972 with no increases before posting.
MENTIONED IN THIS ARTICLE
Price Commission
Pay Board
Sion
Board of Commission
Congress