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118571198
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[California A-BEK]
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118571198
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document
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[California A-BEK]
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28
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Records of the Office of the Chief of Staff (Reagan Administration)
James Baker's Unanswered Correspondence Files
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118571198
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1985-12-31
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1985
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1981-01-01
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1981
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Ronald Reagan Presidential Library
Digital Library Collections
This is a PDF of a folder from our textual collections.
Collection: Baker, James A.: Files
Folder Title: [California A-BEK]
Box: 12
To see more digitized collections
visit: https://reaganlibrary.gov/archives/digital-library
To see all Ronald Reagan Presidential Library inventories visit:
https://reaganlibrary.gov/document-collection
Contact a reference archivist at: [email protected]
Citation Guidelines: https://reaganlibrary.gov/citing
National Archives Catalogue: https://catalog.archives.gov/
Mary L. Culp
4110 N. Jim Bowie Road
Agoura, California 91301
December 31, 1984
James A. Baker, III
Chief Of Staff
The White House
Washington, D.C. 20500
Dear Mr. Baker:
I strongly oppose the proposed changes to tax laws made by the
U.S. Treasury Department. It is my belief that should these
changes be made, it would be devastating to the oil and gas
industry.
I believe that exploration for and development of oil and gas
wells are integral to the economy and wellbeing of the United
States of America. By inacting the proposed changes, the
industry would be severely hurt, as much of the funds for
exploration and drilling are from investors relying on the tax
advantages. These monies would not be available under the
proposed changes and, therefore, exploration and development
would be dramatically cut back.
In that I am employed by an independent oil producing company,
my family would personally suffer, as it would be highly likely
that I would become unemployed should these laws be put into
effect.
The company I work for relies considerably on investor funds. If
the investors could not deduct intangible drilling expenses and
would not have the percentage depletion allowance, we would not
be able to compete in the investment marketplace for that
funding. My employer is a small company and almost all of the
wells are stripper wells. Because of the depletion allowance,
these wells are still profitable to operate. If depletion
allowance was to be abolished, my employer could not afford to
continue to operate these wells.
I urge you to make careful consideration and encourage you to
vote against these proposed changes.
Sincerely,
MLC:grh
31 Eugenia Avenue
Aptos, Ca 95003
December 12, 1984
James A Baker, III
Chief of Staff and Assistant to the President
The White House
1600 Pennsylvania, N.W.
Washington, D.C. 20500
Re:
Treaury Department Tax Reform Proposals
Dear Mr. Baker:
I urge you to take a strong position against the Treasury
Department Tax Reform Proposals.
As it now stands, these proposals would greatly damage the
economy of the United States. Millions of jobs will be lost
in the construction and development industry, casuing a
severe housing shortage and result in higher rents, across
the United States.
Very truly yours,
William Greggans
icicy, CITY western union
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013518M347 1940EST
02012 MGM BEVERLY HILLS CA 100 12-12 0340P PST
ZIP
PRESIDENT RONALD REAGAN
WHITE HOUSE
WASHINGTON D.C. 20001
DECEMBER 12,1984
MR. PRESIDENT,
I ASSUME YOU ARE STILL INTERESTED IN A STRONG NATIONAL
DEFENSE AND, THEREFORE, KNOW THAT YOU WOULD NEVER SUPPORT
FURTHER BURDENING THE PETROLEUM INDUSTRY WITH TAXES SUCH AS
CONTAINED IN SECRETARY REGAN'S TAX REFORM DOCUMENT. ENERGY
" MIN western union
SELF-SMFFICIENCY MAY BE EQUALLY IMPORTANT, IN AN EMERGENCY,
TO THE B-1 OR THE MX.
JAMES C. WINNETT
9172 CRANFORD AVENUE
ARLETA CA 91331
(JAMES WINNETT/9172 CRANFORD AVENUE/ARLETA CA 91331/CS/407/0).
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HURST
FINANCIAL CORPORATION
December 26, 1984
James A. Baker III
1600 Pennsylvania Ave., N.W.
Washington, D.C. 20500
Re: Treasury Department Tax Reform Proposals
Dear Chief of Staff Baker,
I urge you to immediately take a strong position against the tax reform proposals
recently issued by the U.S. Department of Treasury. The uncertainty of future
legislation is causing havoc in the investment community. This uncertainty is
likely to result in an acceleration of the recessionary pressures already building
in the present economic climate.
I believe that if inacted, certain provisions contained in the Treasury proposal
would create a disincentive for capital formation, thus greatly damaging the
economy of the United States. This in turn will cripple the construction and
development industries resulting in the loss of millions of jobs, and ultimately
creating a severe housing shortage and higher rents for millions of tenants
across the United States. The proposal is economically damaging and ineffectual
and conflicts with the underlying philosophy of the Reagan administration and
re-election. I, therefore, urge you, in the strongest terms, to publicly oppose
the recent Treasury proposal.
Charles Very Charles CEF: sm truly E. yours, Fletcher E.
4450 El Camino Real
Mail: P.O. Box 2191
Atascadero, CA 93423
805 / 466-1776 805 / 544-8754
REAL ESTATE LOANS and INVESTMENTS
December 10, 1984
James A. Baker, III
Chief of Staff and Assistant to the President
The White House
1600 Pennsylvania Avenue, N.W.
Washington, D.C. 20500
Re: Treasury Department Tax Reform Proposals
Dear Sir:
We are aware that the Treasury Department has recently made certain
tax reform proposals. We urge you to immediately take a strong position
against these proposals since the uncertainty of future legislation is
causing havoc in the investment community. This uncertainty is likely
to result in a worsening of recessionary pressures already building in
the present economic climate.
We believe that the matters set forth in this report would, if enacted
in substantially its present form, result in a disincentive for capital
formation, thus greatly damaging the economy of the United States.
This in turn will cripple the construction and development industry.
resulting in the loss of millions of jobs, and, with respect to real
estate, cause a severe housing shortage and result in higher rents for
many millions of tenants all across the United States. This, in turn,
will worsen recessionary pressures on the economy and greatly increase
the existing federal budget deficity.
Sincerely,
mr. are Mrs. allen I. late
Mr. and Mrs. Allen J. Tate
266 Country Club Drive
Avila Beach, CA 93424
113 Cherry Blossom Lane
Aptos, Ca 95003
December 12, 1984
James A. Baker, III
Chief of Staff and Assistant to the President
The White House
1600 Pennsylvania, N.W.
Washington, D.C. 20500
Re:
Treasury Department Tax Reform Proposals
Dear Mr. Baker:
I am aware that the Treasury Department has recently made certain
tax reform proposals.
I urge you to immediately take a strong position against these
proposals.
This tax reform proposal, as it now stands, will worsen recessionary
pressures on the economy and greatly increase the existing federal
budget deficit.
Very truly yours,
Barbara Lamothe
Barbara Lamothe
December 17, 1984
Mr. James Baker, Chief of Staff
The White House
1600 Pennsylvania Avenue
Washington, D.C. 20500
Re: Treasury Department Tax Reform Proposals
Dear Mr. Baker:
I am aware that the Treasury Department has recently made cer-
tain tax reform proposals. I urge you to immediately take a
strong position against these proposals since the uncertainty
of future legislation is causing havoc in the investment com-
munity. This uncertainty is likely to result in a worsening
of recessionary pressures already building in the present econ-
omic climate.
I believe that the matters set forth in this report would, if
enacted in substantially its present form, result in a disin-
centive for capital formation, thus greatly damaging the economy
of the United States. This, in turn, will cripple the construc-
tion and development industry resulting in the loss of millions
of jobs, and, with respect to real estate, cause a severe housing
shortage and result in higher rents for many millions of tenants
all across the United States. This, in turn, will worsen reces-
sionary pressures on the economy and greatly increase the exis-
ting federal budget deficit.
Very truly yours,
andrew K seet
Andy Gedo
6658 W. 82nd Street
Los Angeles, CA 90045