On the recordSeptember 7, 1966
I recommend that the Congress suspend until January 1, 1968, the use of accelerated depreciation on all buildings and structures started or transferred on or after September 1, 1966.
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presidency.ucsb.eduLyndon Johnson: “I recommend that the Congress suspend until January 1, 1968, the use of accelerated depreciation on all buildings and…”
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Special Message to the Congress on Fiscal Policy.
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