CONGRESSIONAL RECORD-APPENDIX

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP75-00001R000100360034-1
• Release Decision: RIPPUB
• Original Classification: K
• Document Page Count: 1
• Document Creation Date: November 11, 2016
• Document Release Date: January 4, 1999
• Sequence Number: 34
• Publication Date: August 7, 1963
• Content Type: OPEN

Sanitized - Approved For Release : CIA-RDP75-000AR1O0360034-1
AU G 7 1963
1963
A Tat Gimmick To Shan
SKTENSION OF REMARKS
HON. STROM THURMOND
or eoVTH CAROLINA
IN TILE SENATE OP Tidy UNITED STATES
Wednesday, August 7,1963
Mr. THURMOND. Mr. President, the
Nashville Banner, of Nashville, Tenn.,
has printed in its July 22, 1963. Issue an
editorial elaborating on a point I made In
one of my recent newsletters, This edi-
torial is entitled "Senator THuRMDNn
Points Out a Tax Gimmick To Shun."
I ask unanimous consent, Mr. President,
that this editorial be printed in the Ap-
pendix to the RECORD.
There being no objection, the editorial
was ordered to be printed in the Rscosa,
as follows :
bxxATOa THUSMOND POINTS OUT A Tax
Orwsrcx To SHUN
Churches, charities, private Institutions
of higher learning, and such like, are the
beneficiaries of generous giving. Through
It they are able to maintain the vital serv-
?.teMs they render; and, justly enough, -the
Federal tax laws have been drawn-through
the years,-sespecttul of that generosity;
yea. Implementing It by provision for iau'ftil
deductions.
'These laws until now also have exempted
from Federal taxation the Interest paid by
taxpaying eltlsene, on their homes, or other
transactions.
Under existing law, taxpayers may deduct
from the amount of their 'Income, subject
to tax, all of the Interest paid and the
amount of contributions to churches and
charities which does not exceed 30 percent
of their adjusted gross Income.
The Kennedy administration doesn't like
that. It now proposes that only the amounts
of contributions and interest which exceed
b percent of adjusted gross Income be do-
ducttbie. That Is Its suggestion for a major
change via Its -highly-touted tax "reform"
bill.
Who would suffer under that arrange-
ment? Well, the taxpayers, of course; and
churches, charitable .agencies, and other In-
stitutions deriving their support in large
messure from generous contributors. Its a
peculiar, yea eccentric, suggestion, on the
part of an administration which _proposes-
OOpaidegtu? that Uncle Sam's own InW'eet
those now runs- to more than a tenth of
It Is not enough to Ruggest?tbat under
these arrangements. normallyr of individual
x pondbftty the Government would just
take over.,
Political gimmicks are dangerous.
The House of Representatives has the con-
stitutional authority to originate all tai
legislation--responsible exclusively to the
people it represents. When Congress exer-
cises that authority - - - that assignment
of trust, only then will the Nation be safe
from the political ldiosyncracies of the ad-
ministration in power.
Kennedy Atmospheric Treaty Not the
Eisenhower Proposal
EXTENSION OP REMARKS
HON. CRAIG HOSMER
OP CAIIPOa1RA
IN THE HOUSE OF REPflESEZSTATIVES
Wednesday, Au9'Ist 7,1063
Mr. ROSMER. Mr. Speaker, former
President Eisenhower on April 13, 1959,
proposed a treaty banning atmospheric
tests. Some people are arguing that this
is equivalent to President Kennedy's pro-
posal today. Nothing, could be more
Irrational. In 1959 the Soviets clearly
were behind in all phases of nuclear
weapons development. Since that time
they have conducted extensive series of
tests, many more than the United States.
It is now admitted they are ahead in
high yield-. weapons and. they claim to
have solved the nuclear anti-missile-mis-
sile problems at a time when we are un-
able to make `such a claim. Since the
Eisenhower proposal, the Soviets have
made a quantum jump ahead in areas
which require testing In the atmosphere
for the United States to catch up.
Whereas the Eisenhower proposal would
have frozen the United States in a lead-
ership position, the ultimate effect of the
Kennedy proposal is to freeze the
U.S.S.R. In a leadership position. This
1a discussed in the following article by
Cohmtnista Evans and Novak in appear-
ing In many newspapers on August 6:
INssiit Ramer` Rome AND Tlsoaxs
(Dy Rowland Evans And Robert Novak)
All is not roses for President Kennedy's
test ban treaty. -
Certainly the odds right now are. over-
whelmingf In favor : of Senate ratif-cation.
jut mares ii a thorn or two-such as former
Prosidentlttsenhower's refusal, to endorse.the
treaty.
If General Eisenhotrer's Water dvubte were
known, they would cone down to this:
AOcordtnd to the Internal l6tevenue - Serv We,
qtr 1963 returns, only on 19 percent
pt We retul!na flied were interest deductions
,In e*aase'bf this "first 5 percent- clalpied.
Also. of iy of 15 percent of returns flied were
deductions for contributions in excess of this
A tatpa7er who'baa an income of $8,000,
oaa now deduct all the contributions be
!bakes up ate $2A00, and all the Interest he
pays, Under the ![ennedy proposal, he could
not deduct the'first ii0o in contributions,
'nor the first'$400-12i interest which he pays.
In truth. "under this proposal, the.txx0eyer
would not only have less incentive to make
contributions to his church and charities,
and to own his own home, but he would also
have leas money with which to do these
things."
series of giant bombe In the high-mtaton
range. Furthermore, the former PtWdent
would pointedly note that his 1960 pro-
posal-which, of course, Moscow rejected-
did not ben testing in outer spare.
Accordingly General Eisenhower would
assert that conditions are vastly different
than they wars in 1939.
' This lauds to the second thorn-the refusal
-of Senator Bdulatrs Hwnioorsti of rows,
senior Rdpubliiwn -en the Foreign Relations
Committee, to to to Moscow for the treaty
signing. He was not specifically Invited.
No President or Secretary of State will risk
an invitation of this kind unless its accept-
ance Is certain. HZCNZNLOOrss made It clear,
sects!, ~~ ? ;::
er Ew[swfa0Orswa, atafitsap*.OeiU: a Io4, about
the ausossnatto political Tnspaswe f the con-
servative Repubitoane to the new treaty. At
$be weekly GOP policy committal, luncheon
1ast,.Ttrawday he surprised soma of .his col-
leagues with l6 minutes of formates to 10111011
he seemed to.cballastge all 3> *n l}nv adi-
ate series of tests in the atmwph8le...,~44~~rr
much time would elapse before tt~,e Uaitel
states could match the Russians snd.reaRWe
atmospheric testing? six Mon"? One
you? Itickenlooper' 1lepubtlea ha v e
The no tb-
tentloh of oonsutittina themsely s. un$,U they
know whether the answers toetscl~.t.obnn~lc
questions might give them a awl! pgi~rI Of
attack on rho treaty. ,
Liberal Republicans condemn Iii .
dog-In-the-manger attitude. As O.o tI M
said: "You can't bent peace with a aotbhig
policy." Another remarkrA that :0adads
Amax, of Vermont, and Lsv EPz.34f.1Os-
STALL, of 3dsseschusetts,,:the tw4A0p{tbltcan4
who agreed to go to Moscow d*il&llXol m-
Looryx'a challenge, went. not 4A, il" t
of the treaty but as Witnesses W-t i$ signing.
In a purely political ca~al:Olct, biopsies', :the
correct postttoi for the. op op er ty. Y
be Htckenloovers: Skeb ii,' CrltlCal. K1 ti
mittee; also declined a $lriferid hrOftiion
to go to Moscow. If Rvssusr.slrelutd oppowe
the treaty, hit greet, lliiluence woulgfind
These then are the reasons for the admtn-
Istratlon's elaborate - pions itr' build ?ita' Ir-
reatstible case toT the treaty. -In fiat, abed.
Republicans complain that thew-maU has
,,the sermAr'ks'of a peepiigapds dalmyeilgrt "
In the end, the thortiisaa 1100" ttt!'1?S9oro
'than' nattilyhtttatlois,.' 't t
itcans ago able to Ideate t1iI, ibiId pbbWVf
attack. N tht*y'do not.'It'Win i!e? it to
?ote ? against the "mothdr ,:k " !Shilydl'eu
lobby.' s'rt is''not tnooaablvlslrlid tiwW ea'S t
"rio" 'without 5edSs/ d 41a
]dwater presidental'eiad111siyy'i
US, Deal WA V4&0 Iawedsd by +a
EXTENSION OP REMARKS
-
HON. EDWARD .li. MOO
IN TIID HOUSE OP Riff KTATwas
WedfeeaBa>r',A~IjtasC,~.l08? '
Mr. GURNEY. Sassier. nay,
able colleague and good friend, the gen-
tleman from Florida (Mr. CsxN=I. re-
Sanitized - Approved For Release : CIA-RDP75-00001 R000100360034-1