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Newspaper
Monahans News
Location
Monahans, Texas, United States of America
Date
Aug 09, 1981
Page
3
A member voice recalls last week’s improved Whitebill as a taxpayers victory. He credits a dozen congressmen and collaboration with the Administration and the House Ways and Means Committee for shaping the tax proposal.
Texas lawmakers recount pressuring for windfall profits tax relief for small independent oil and gas producers and royalty owners. They credit oil industry with Texas tax structure and education funding while noting administration proposals added oil provisions and $48 billion in tax relief, including marriage penalty relief and IRA Keogh liberalization, extended credits, and fringe benefit freezes.
Letter praises timely News Release from Congressman Richard C. White as essential reading and commends the Monahans News for publishing it. Also thanks participants and organizers for the successful Monahans Quarter Horse Show and looks forward to another strong show circuit next July. Signed by James King and Pearson Cooper.
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