Amending the Railroad Retirement Act of 1937: Hearing, 89-1, June 29, 19651965 - 34 pages |
From inside the book
Results 1-5 of 12
Page 1
... tax base would be in- creased , beginning January 1966 from the present $ 4,800 a year to $ 6,600 . The maximum taxable monthly compensation under the Railroad Retirement Tax Act is now $ 450 or $ 5,400 a year . If the $ 6,600 a year ...
... tax base would be in- creased , beginning January 1966 from the present $ 4,800 a year to $ 6,600 . The maximum taxable monthly compensation under the Railroad Retirement Tax Act is now $ 450 or $ 5,400 a year . If the $ 6,600 a year ...
Page 2
... base of $ 450 a month to an amount equal at least to one - twelfth of the maximum annual wages taxable under the ... tax base has always equaled or exceeded the social security equivalent monthly taxable wages . In fact , the maximum ...
... base of $ 450 a month to an amount equal at least to one - twelfth of the maximum annual wages taxable under the ... tax base has always equaled or exceeded the social security equivalent monthly taxable wages . In fact , the maximum ...
Page 12
... taxes on railroad employers and employees . At the present time the tax rate on each is 8 % percent , applicable to ... base is in- creased to $ 6,600 a year effective as of the beginning of 1966 , in accordance with the Senate Finance ...
... taxes on railroad employers and employees . At the present time the tax rate on each is 8 % percent , applicable to ... base is in- creased to $ 6,600 a year effective as of the beginning of 1966 , in accordance with the Senate Finance ...
Page 13
... base their objection to the reduction of the spouse's annuity by the amount of certain other benefits on a mistaken belief that they have purchased a full spouse's annuity through their railroad retirement taxes ... tax burden of the majority ...
... base their objection to the reduction of the spouse's annuity by the amount of certain other benefits on a mistaken belief that they have purchased a full spouse's annuity through their railroad retirement taxes ... tax burden of the majority ...
Page 14
... tax base under social security is higher than ours , we have to compute and credit to the social security system taxes on compensation which is not taxable by us . If our base is not kept in line , the effect on our system is very ...
... tax base under social security is higher than ours , we have to compute and credit to the social security system taxes on compensation which is not taxable by us . If our base is not kept in line , the effect on our system is very ...
Common terms and phrases
$14 million 1951 amendments 89th Congress actuarial deficit additional taxes amend the Railroad AMERICAN RAILROADS amount equal annual taxable wages BEATTIE bill H.R. calendar month Chairman CLAIBORNE PELL current maximum annual defined in section dual benefits enactment of H.R. entitled equal to one-twelfth financing FINNEY FINNIGAN HABERMEYER income increased taxes Internal Revenue Code level basis maximum annual taxable ment monthly National Railroad Pension paid payments payroll assumption percent of taxable Railroad Pension Forum railroad retirement account Railroad Retirement Act railroad retirement annuity Railroad Retirement Board railroad retirement system Railroad Retirement Tax railroad system Railway Labor record reduce the deficit restrictions section 2(e Senator FANNIN Senator PELL Social Security Act social security benefit social security pension social security system social security taxes spouse's benefit Subcommittee on Railroad Subsection tax base tax rate taxable payroll taxable wage base U.S. SENATOR WAYNE MORSE whichever is greater wife wife's benefit