Summary of Senate Finance Committee Staff Option For Comprehensive Tax Reform [and memo from Samuel D. Chilcote, Jr.]SAMUEL D. CHILCOTE JR.
Missing Attachments; Memo from Samuel D. Chilcote, Jr. to the Executive Committee regarding excise taxes. Identifies two main issues of concern with attached Senate Finance Committee Staff Option for Comprehensive Tax Reform. Expresses concern with eliminating deductibility of federal excise taxes for income tax purposes and the adjustment of excise tax rates for alcohol, tobacco, and motor fuel. ... read more