Report of the Joint Committee of the Senate And House of Representatives of Th
Report of the Joint Committee of the Senate And House of Representatives of Th
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Over a million dollars.
Q. And the State turning this law into a revenue raiser, as you term it A. Yes.
Q. I say if a new law, such as you propose, on the 1 per cent, basis were to go into effect, would the revenue be approximately the same as at present?
A. I have stated that it would be, if you make it apply to all companies.
Q. Fraternal organizations as well?
A. Everything; not discriminate between them.
Q. Do you think that could be easily accomplished?
A. That is another question. That is... up to you gentle- men.
Q. Do you recall a fraternal organization measure that was before the Senate and House at the last session?
A. I believe they will oppose any legislation that imposes a burden upon them. So far as that is concerned, I think that goes without saying, but when you consider a nominal premium tax and the method of doing business that they pursue, it will be so small comparatively that 30 578 th^y will not look upon it as they would the 2 per cent, which now obtains and which has to be paid by all companies of other States in Pennsylvania, and we have to pay outside of Pennsylvania because Pennsylvania imposes that upon the other companies.
What to read after Report of the Joint Committee of the Senate And House of Representatives of Th?
You can find similar books in the "Read Also" column, or choose other free books by Pennsylvania General Assembly Joint Committee On to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
Over a million dollars.
Q. And the State turning this law into a revenue raiser, as you term it A. Yes.
Q. I say if a new law, such as you propose, on the 1 per cent, basis were to go into effect, would the revenue be approximately the same as at present?
A. I have stated that it would be, if you make it apply to all companies.
Q. Fraternal organizations as well?
A. Everything; not discriminate between them.
Q. Do you think that could be easily accomplished?
A. That is another question. That is... up to you gentle- men.
Q. Do you recall a fraternal organization measure that was before the Senate and House at the last session?
A. I believe they will oppose any legislation that imposes a burden upon them. So far as that is concerned, I think that goes without saying, but when you consider a nominal premium tax and the method of doing business that they pursue, it will be so small comparatively that 30 578 th^y will not look upon it as they would the 2 per cent, which now obtains and which has to be paid by all companies of other States in Pennsylvania, and we have to pay outside of Pennsylvania because Pennsylvania imposes that upon the other companies.
What to read after Report of the Joint Committee of the Senate And House of Representatives of Th?
You can find similar books in the "Read Also" column, or choose other free books by Pennsylvania General Assembly Joint Committee On to read onlineMoreLess
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