Energy tax passed
NZPA Washington The United States Senate, in a stunning reversal for the pro-industry “juggei naut,” has voted to impose a heat v tax on industries using oil and gas while capable of switching to coal. Since the House of Repre sentatives has passed a sfrni lar tax, it was all but assured that such a levy would be included in any final energy tax bill that emerges from a •House-Senate conference. The 51-37 vote was an un expected triumph for liberals already bracing for a series of defeats on a S4O billton programme of tax credits and incentives for industry Earlier, Senator Edward Kennedy (Democrat. Massa chussetts) bemoaned the fact that opponents were un able to garner enough sup port from Republicans who traditionally want to hold down spending. “So basically, it's those senators from the oilproducing states combining with the Republicans who are part of the juggernaut to undercut the President's pro gramme.” Mr Kennedy said.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/CHP19771029.2.66
Bibliographic details
Press, 29 October 1977, Page 10
Word Count
160Energy tax passed Press, 29 October 1977, Page 10
Using This Item
Stuff Ltd is the copyright owner for the Press. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Copyright in all Footrot Flats cartoons is owned by Diogenes Designs Ltd. The National Library has been granted permission to digitise these cartoons and make them available online as part of this digitised version of the Press. You can search, browse, and print Footrot Flats cartoons for research and personal study only. Permission must be obtained from Diogenes Designs Ltd for any other use.
Acknowledgements
This newspaper was digitised in partnership with Christchurch City Libraries.