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Williams Attacks Oil Depletion and Dividends Tax
Washington Senator John J. Williams of Delaware urges cutting the oil depletion allowance from 27.5 percent to 15 percent and seeks to strike a dividends tax relief provision from the Eisenhower tax bill. He argues revenue must be preserved while Republicans debate tax policy amid House and Senate hearings.
MENTIONED IN THIS ARTICLE
Washington
John J. Williams
Delaware
Internal Revenue Bureau
Eisenhower
George D. Aiken
Congress
Williams
Senate Finance Committee
House