Word: withe
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Dates: during 1960-1969
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THOUGH Viet Nam has been his specialty since 1961, Sir Robert Thompson was never influential with either John Kennedy or Lyndon Johnson. It was Richard Nixon who embraced his views wholeheartedly-most likely because they coincide with his own.
Thompson's perspective has brought him alternately in and out of phase with the prevailing U.S. strategies in Viet Nam. He still subscribes to the domino theory that a Communist success in Viet Nam would jeopardize other shaky governments in Southeast Asia and even as far away as Latin...
In the short run, the bill will increase federal revenues. Eventually, however, as tax reductions take effect, federal intake will decline sharply, creating what one Treasury man calls "the revenue crunch of the '70s." The bill represents a Democratic attempt to win the affections of Nixon's middle...
> A three-step rise in the standard tax deduction-now $1,000 or 10% of income, whichever is less-to $2,000 or 15% by 1973. The feature is designed to aid lower-and middle-income groups. > An additional $1,100 income exemption for those with annual earnings of $3...
As finally worked out, the bill was far more sober than the free-spending "Christmas tree" measure conjured up by the Senate, with its $800 personal tax exemption. While it is more inflationary than President Nixon would like, the bill does postpone most of the giveaway provisions for two years...