Word: kempe
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Dates: during 1970-1979
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...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...
...William V. Roth (R-Del.), who with Rep. Jack F. Kemp (R-N.Y.) wrote the bill, called it overdue tax relief for working Americans...
...contrast, the Roth-Kemp measure would make one cut in 1979, another in 1980 and a third...
...Roth-Kemp plan, if instituted, would mean a $501 tax cut for a typical single person earning $10,000 a year who has deductions of 23 per cent of income once the plan reached full effectiveness (after 3 years); a family of four under the same conditions would get a $228 cut; the four-member family earning $25,000 would...