Word: reform
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Dates: during 1970-1979
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...Public Citizen forum in Washington, at which the nominee endorsed many of the ideas Nader has pushed for a decade: stronger antitrust enforcement, an end to the "sweetheart" arrangement whereby many federal appointees come to Government agencies from the very industries they are supposed to regulate, tax reform, and the need for a consumer protection agency...
...upper-income taxpayers and, in several cases, individual companies. There is, for example, an employee stock-ownership provision written to specifications of American Telephone & Telegraph Co. Another part, liberalizing investment tax credits, would mainly benefit airlines and utilities. So finely tailored are some provisions that Senator Edward Kennedy, a reform leader, likens them to legislation for a "one-eyed, bearded man with a limp...
...dips to $15.5 billion by 1981, as provisions of the law are phased in. The largest part of such losses seems inevitable; both Congress and the White House favor sustaining the tax cut and are likely to have their way in an election year. If further debate on tax reform threatens extension of the tax cut -it is scheduled to expire at the end of September-lawmakers probably will do what they have done in the past: separate the tax cut extension from tax reform and pass it as a bill unto itself...
Even if that happens, however, the central question of genuine tax reform will remain. Critics say that reforms should result in fairness, efficiency and simplicity. But the traditional piecemeal approach seems to be, as Maine's Edmund Muskie noted during the Senate's debate, that "every good loophole deserves another." What may be emerging, nonetheless, is an encouraging feeling that the existing tax code simply cannot be revised to any significant extent -that the current system will have to be scrapped entirely and another one started from scratch...
...newcomers, the best is George F. Will, who thinks cleanly and writes with irony. Others stand out for special qualities and interests, though these assets become debits when they get Johnny One Note about them, as Tom Wicker does with his angry Southern passion for civil liberties and prison reform, or Anthony Lewis with his affinity for the law and the opinions of the Harvard law faculty. Dave S. Broder ranks as the best political reporter in town. Peter Lisagor is admired for his wry sanity. Mary McGrory, a hard-working reporter, is experienced but not cynical, which...