Active income deferred, passive income was not supposed to be deferred. Is that correct?
Carl Levin: “Active income deferred, passive income was not supposed to be deferred. Is that correct?”
Editor's note · Context
Levin emphasizes the distinction between deferred active income and non-deferred passive income.
Share
More from Carl Levin
I want to thank Chairman Pallone for his tremendous work on this bill and all the staff of the Energy and Commerce Committee who worked on this. My amendment modifies H.R. 2's pilot program to improve lab infrastructure, ensuring grants…
I include in the Record a letter of support for the bill from the AFL-CIO. Legislative Alert AFL-CIO, Washington, DC, March 8, 2021. Dear Representative: On January 26, we wrote in support of the Protecting the Right to Organize (PRO) Act…
I have an amendment at the desk. The CHAIR. The Clerk will designate the amendment. The text of the amendment is as follows: Page 12, line 18, after the dollar amount, insert ``(reduced by $1,000,000)(increased by $1,000,000)''. The CHAIR…
This amendment is truly amazing to me as a longtime union organizer. It seeks to undermine the freedom of contract, the ability of employers and unions to agree on how to handle a situation freely together. The shock of giving the…





