Word: mclure
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Dates: during 1980-1989
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...setting industrial policy. "Investments were being based on tax considerations," explains Egger. "Prices in real estate became of no concern. Tax benefits were being sold." Decisions in business, Egger points out, "should be based on economics, not on taxes." The overhaul proposed by Treasury, says Tax Scholar Charles McLure, who was a principal draftsman, is "a free-market manifesto." Ronald Reagan is a client...