Word: taxreform
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...They include Senator Bill Bradley of New Jersey and Congressman Richard Gephardt of Missouri, both moderate Democrats, Senator Bob Kasten of Wisconsin and Congressman Jack Kemp of New York, both conservative Republicans. In the Senate last week, Finance Committee Chairman Bob Packwood began hearings on at least three different taxreform packages, predicting flatly, "There will be a tax-reform bill this year." If there is not, declared Delaware Republican William Roth, the committee's first witness, "we will have in this country the tax equivalent of the Boston Tea Party, except that it will be the politicians instead...
...every era there are a few issues that redefine the nation's purpose. In past decades they have been matters of war, race and poverty. The idea that a taxreform program could become a struggle that would touch the American soul seemed a fanciful fiction of accountants. But something odd is happening in Washington...
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