Word: taxingly
(lookup in dictionary)
(lookup stats)
Dates: during 1970-1979
Sort By: most recent first
(reverse)
George Bush advocates a $20 billion tax cut in 1981. Teddy Kennedy thinks a pump-priming cut may be necessary in 1980, but is not yet sure. John Connally wants a crowd-pleasing $50 billion to $100 billion tax reduction spread over three to five years, while Howard Baker figures a four-year time frame is about right. Both Jerry Brown and Ronald Reagan would like lower taxes and a balanced budget (who wouldn't?), but want the cuts linked to a constitutional limit on the growth of federal spending...
...knows how much his proposed National Health Insurance plan would cost; estimates range from $28 billion to $45 billion a year. For many years he urged Robin Hood-style tax "reform" and a closing of capital gains benefits, but he has not lately repeated that theme...
...Republican front runner is trying to smooth the edges of his earlier right-wing stridency. His chief economic adviser: Martin Anderson, who was a member of Richard Nixon's White House staff. Like Brown, Reagan calls for a constitutional limit on unrestrained spending. He also urges an income tax cut, perhaps as much as 33%, arguing that the boost to business would quickly result in more productivity. That, in theory, would generate increased tax receipts and cut the budget deficit. Reagan advocates the indexing of income tax rates-that is, people would pay taxes on the real, not inflation...
John Connally: The business community's favorite candidate has put together the most comprehensive program. About a dozen right-leaning economists, including Charls Walker, Murray Weidenbaum and Albert Cox, are threshing out positions for him on everything from a value added tax (he sees merit in the idea but thinks it falls too harshly on those who earn the least) to a constitutional limit on spending (only "as a last resort"). Connally favors faster write-offs for capital investment, proposes large new jolts of defense spending and wants deep, budget-wide cuts in just about everything else, basically...
...fails to outline a strategy for D-day beyond a vague "supply-oriented" program that features a watered-down windfall profits tax to finance drilling and synthetic fuels development. Bush calls for limits on federal spending but rules out a constitutional yoke. His $20 billion tax cut would be split fifty-fifty between business and individuals...