| Surcharge: President Asks Additional Taxes | ||
|---|---|---|
| This clip is not available for streaming at this time. Please contact WPA. | Tape Master: | 1756 |
| Catalog #: | 425614 | |
| Clip Number: | 425614-1 | |
| Orginal Film: | 040-005-01 | |
| Timecode: | ||
| Location: | Washington, DC | |
| Year Shot: | 1967 (Actual Year) | |
| Audio: | Yes | |
| Color: | No | |
| Headings: | CROWDS: Misc. GOVERNMENT: Legislation GOVERNMENT: United States, Congress LOCATIONS/NORTH AMERICA: USA, Washington D.C. POLITICS: Political Party, USA, Democrat POLITICS: United States | |
| Description: | President Johnson, in his "State of the Union" message, proposes a surcharge of six percent on corporate and personal income taxes. The money would be used in support of poverty programs at home and to finance the war in Vietnam for an estimated two years. Establishing shot - President Johnson getting a standing ovation from Congress. MS - President Johnson steps up to the podium to give his State of the Union message. The Congress and the audience is standing and clapping. President Johnson addressing the nation: "I have come tonight to ask this congress and this nation to resolve their issues. To meet our commitment at home and abroad. To continue to build a better America, and to reaffirm this nation's allegiance to freedom. I recommend to the Congress a Surcharge of 6% on both corporate and individual income taxes to last for 2-years are; for so long as the unusual expenditures are associated in Vietnam continues. I will promptly recommend an earlier termination date. If a reduction in these expenditures permit it. This surcharge will raise revenues by some 4-billion, 500-million dollars, in the first year". | |
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