Word: roth
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
Dismissing the president's decontrol and deregulation plans as misleading, Tsongas zeroes in on his favorite topic--the Kemp-Roth tax cut proposals. Tsongas has only scorn for the 30-per-cent three-year reduction plan; he calls it "very inflationary and economically unjust." He adds that in Washington "everyone knows that Kemp-Roth is a dog, and they're going to kill it in the Congress." What really makes the 39-year-old first-term senator angry is that in the short run, Reagan "can say he was for it without suffering any of the political ramifications...
...your story "The Biggest Challenge" [Jan. 19], Lester C. Thurow, a member of the TIME Board of Economists, criticizes the Kemp-Roth tax cuts. He says "the average American saves 4% of his income and consumes 96%." He doesn't mention that the Government takes 30% of the middle-class income, leaving the remainder to be consumed by the banks for mortgages, the oilman for heat, the utilities, not to mention the grocery store, clothes, doctor or dentist. We have federal tax, state tax, Social Security tax, school tax, town tax, gas tax, sales tax. Wouldn...
...doubt he was chosen less for his physique than for his professional credentials: in the years since he got his 1962 B.S. in communications and political science at the University of Illinois, Brady has worked for the late Illinois Senator Everett Dirksen, the OMB, the Pentagon, Delaware Senator William Roth and, most recently, Texas' John Connally...
Some economists, in addition, scoff at the Kemp-Roth tax cuts as bad supply-side economics. In their view, the reductions in personal income taxes will pump up demand far more than they will encourage savings. Says Lester...
...Cuts. Reagan is committed to the so-called Kemp-Roth formula for cutting personal income tax rates by 10% in each of the next three years. There will be some more direct incentives to savings and investment too. New York Congressman Jack Kemp, co-author of the Kemp-Roth plan and newly elected leader of the House Republican Conference, argues for a 40% acceleration in the tax write-offs that businessmen can take on investments in new plant and machinery and for a reduction in the maximum capital gains tax rate from 28% to 20%. Others are pushing for further...