CAPITAL GAINS TAX revision, now under study by the Treasury Department, will probably call for a lower rate on gains that are made over a long period of time (ten years or more). However, the Treasury will probably balance any cut by also asking Congress to keep the overall corporate tax rate at 52%, even though it is scheduled by law to drop to 47 % next April.
APPLIANCE SALES will hit 428 million units (eight more a home) within the next five years, an increase of 90 million units over 1949-53, predicts Westinghouse...
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