Word: kemp
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Bringing up the tax cut proposal sponsored by Sen. William J. Roth (R-Del.) and Rep. Jack F. Kemp (R-N.Y.), Feldstine argued that "in a society like ours where inflation is inherent," a tax cut should be, in some way, linked to the inflation rate...
Boschwitz has designated much of his $1.3 million campaign budget for a TV blitz pressing the issues of inflation and high taxes. He supports the Kemp-Roth proposal for a 30% cut in federal income tax rates. Boschwitz has won support from environmentalists by backing strong restrictions on motorboats in northern Minnesota's Boundary Waters Canoe Area. He has gained favor among right-to-lifers by offering to introduce a constitutional amendment prohibiting abortion except in the case of rape or incest or when necessary to save the mother's life. These are issues on which Anderson...
When the Minnesota poll gave Boschwitz a 23-point lead in August, a worried Anderson began to hit back hard, insisting that Kemp-Roth would require a 20% cut in federal spending and cause an "inflationary explosion." His name for his foe: "Big Business Boschwitz." One Anderson TV ad portrays Boschwitz as a cigar-smoking, pin-striped fat cat riding in a careering black limousine, forcing pedestrians to leap out of the way. Anderson also does not hesitate to remind voters that Boschwitz was state chairman for Nixon-Agnew in 1968. Complains Boschwitz: "Guilt by association. I thought that went...
...potential candidate who might catch on fast is New York Congressman Jack Kemp, co-sponsor of the Roth-Kemp bill, which would cut personal income taxes by 33% over a three-year period. He has been traveling around the country to test the political waters and has found them agreeable. "Kemp makes a striking appearance," says John Simms, executive director of the Mississippi G.O.P. "Even though he uses words like macroeconomics, his examples hit home. Besides, he has the hottest issue going...
Before returning to Washington, Carter attended a Democratic fund-raising luncheon where he predicted Congress will approve a $25 billion tax cut this year. He also attacked the Republican Kemp-Roth plan that would slash income taxes by one-third...