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TAX WRITERS TARGET AIRLINE INDUSTRY NERVOUS INVESTORS REACT WITH SHARP STOCK SELL-OFF.(Business)
From:
Seattle Post-Intelligencer (Seattle, WA)
| Date:
June 11, 1997
| COPYRIGHT 1997 Seattle Post-Intelligencer. All rights reserved. Reproduced with the permission of the Dialog Corporation by Gale Group. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group.Copyright information
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The airline industry, which only a few years ago was in dire financial straits, now has the reverse problem: Many people seem to think it makes too much money.
That was evident this week when the chairman of the House Ways and Means Committee, Rep. Bill Archer, proposed increasing the fees and taxes on airlines and their passengers to help offset $135 billion in tax cuts.
Some also see the airlines as a convenient source of new government revenue. Sen. Willia...
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TAX WRITERS TARGET AIRLINE INDUSTRY NERVOUS INVESTORS REACT WITH SHARP STOCK SELL-OFF.(Business)
Seattle Post-Intelligencer (Seattle, WA)
; The airline industry, which only a few years ago was in dire financial straits, now has the reverse problem: Many people seem to think it makes too much money. That was evident this week when the chairman of the House Ways and Means Committee, Rep. Bill Archer, proposed increasing the fees and
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