Word: roth
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When the arguing abated, the Republicans had a platform that supported Reagan's principal views. It endorsed the Kemp-Roth bill for a 30% tax cut over three years; called for more nuclear power and complete decontrol of oil prices; denounced the SALT II treaty as "fatally flawed" and demanded "military superiority" over the Soviets; urged the restoration of capital punishment; and appealed for the return of voluntary, nondenominational prayer in schools. All in all, said Platform Committee Chairman John Tower, the document represents "a rightward move" in keeping with the increasing conservatism...
...moral issues. The same people who are disturbed about the impotence of national power are also highly worried about abortion. There is a common thread here." Republicans have found that working people are no less interested in tax reduction than any other group. In addition to the Kemp-Roth federal income tax cut of 30% over three years, Kemp has proposed creating free enterprise zones in decaying parts of cities. Patterned after the well-received British experiments, the plan would permit sharp tax reductions and minimal Government regulations for companies that are willing to relocate and provide jobs...
...friendly confines of the N.E.A. convention, Carter launched his most serious and bitter attack yet on the policies of Ronald Reagan, the all-but-crowned nominee of the G.O.P. The President denounced the Kemp-Roth tax cut, which Reagan supports, as "sheer deception . . . the kind of hasty offer that can only be called by one word, and that is 'irresponsible.' " Concluded Carter: "It is a classic offer in a political year of a free lunch, something for nothing. The American people know there is nothing for nothing any longer...
...legislation after election heat has subsided, vowing that he would not be tempted by the potential vote-getting power of a reduction in taxes. After all, the call for a tax cut has long been heard from certain senate Republican circles, Dole offering a prime example. And the Kemp-Roth proposal for balancing the budget, which includes a massive tax cut, has been the object of flirtation for many politicos. Martin Feldstein, professor of Economics, has characterized the Kemp-Roth proposal as something "politicians can digest in thirty seconds and discuss for months...
That tactic enabled middle-of-the-road Republicans to join in. Announced New York's Jacob Javits, who had opposed Kemp-Roth: "I can go along." Added Illinois' Chuck Percy, who had taken little part in the negotiations: "We have jointly worked out a tax program." Gloated Conable: "This all happened while Jimmy Carter was in Portugal. It shows how relevant...