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Slim chance of Senate action on travel tax in 1868
Washington AP reports President Johnson's proposed travel tax faces slim odds in the Senate after the House rejected the tax last month. The bill would tax some overseas spending while preserving a 5 percent levy on international air tickets and lowering duty-free allowances. Senate hearings begin May 22 with Treasury officials questioned and debate over reducing travel expenditures.
MENTIONED IN THIS ARTICLE
Washington
Johnson
Western Hemisphere
Senate
House
Treasury
Senate Finance Committee
Secretary of the Treasury
Henry H. Fowler
Senate Okay
George A. Smathers
Florida
Russell B. Long
D-La
Long
U.S
Caribbean
Smathers
Europe
Eee
Caperstate