Word: reform
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Dates: during 1970-1979
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...press conference, Carter said that "in 1978, there will be substantial tax reductions and combined with that will be an adequate proposal for tax reform." Unfortunately, he felt compelled to add that the tax reform would be "comprehensive." That only muddied the waters, for many a businessman concluded that meant the President would persist in his hopes to eliminate or sharply reduce preferential tax treatment for capital gains, and a number of other benefits...
...also by Democratic leaders in Congress to alter his tax plans. Al Ullman, the House Ways and Means chairman, has been pleading with Carter for a "minimalist" rather than a "maximalist" tax bill. He warned the President not to heed the arguments of White House hard-liners on reform. House Speaker Tip O'Neill was equally emphatic. The only way to get a tax bill through Congress, he insisted, was to put tax reduction ahead of reform-and separate them. If the two elements were joined, O'Neill said, a bill would not be passed for at least...
Burns, who is 73, has made clear he wants to keep his job, and lately he has gone out of his way to speak well of the President. Though he has criticized Carter's energy, Social Security and tax-reform proposals, he gave the President a cordial pat on the back in a speech last week. Carter, said Burns, "fully appreciates the importance of substantially lessening the psychological and financial obstacles to business investment. I anticipate that decisions in Washington will at last reduce uncertainty, improve the state of business confidence and encourage capital formation...
...only western nation that has taken no constructive steps to cut domestic oil consumption since the 1973 oil embargo can no longer afford to put off reform. While the energy proposal now emerging from Congress is weak in many ways, it is certainly better than nothing; the important thing now is not to let past losses stand in the way of working to see that the strongest possible energy bill is passed...
Several House committees voted last week to postpone a decision on whether to begin nominating representatives to the body again until the Faculty acts on these latest reform suggestions