"Windfall" Or Excess Profits Tax: Hearings, Ninety-third Congress, Second Session ...
U.S. Government Printing Office, 1974 - Excess profits tax - 855 pages
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activities additional allowance American amount average barrel base basis believe capital cents Chairman coal Committee companies Congress consumer continue corporations cost crude oil December deduction demand depletion depletion allowance determined dollars domestic drilling earnings economic effect energy excess profits existing exploration fact Federal figure foreign tax credit fuel gasoline going higher important imposed incentives income tax increase independent industry interest investment January less limitation major means million months natural gas oil and gas oil companies operations paid percent percentage period petroleum present problem production profits tax proposal question reason reduce refineries refining reserves result royalty Secretary shortage situation sources statement supply taxable Thank tion United windfall profits