Record #:

31048

Author(s):

Not Given

Abstract:

One of the bills before Congress this spring is HR 7640. Introduced in 1961, the bills seeks to make permanent the temporary tax rate of 0.4 percent. The temporary increase was estimated to cost North Carolina $19 million with the majority of benefits going to northern industrial states. The bill would also seek to make permanent a 50 percent increase in the number of weeks for which benefits are paid, and increase the benefits to a maximum of two-thirds the average weekly wage.

Source:

We the People of North Carolina (NoCar F 251 W4), Vol. 19 Issue 8, January 1962, p18, 28, por

Subject(s):

Taxation--Laws and legislation