TITLE

Tax reform tossup

AUTHOR(S)
Allen, Jodie T.
PUB. DATE
November 2004
SOURCE
U.S. News & World Report;11/29/2004, Vol. 137 Issue 19, p37
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
Discusses President George W. Bush's plan to reform the tax system. Concern that the administration's incremental approach might end up transforming the income tax from a progressive, relatively broad-based tax into a "consumption" tax that hits only wages and salaries; Desire of some conservatives to get rid of the income tax and impose a national sales tax; Concern that such a tax would land even more heavily on the working classes; Other possibilities.
ACCESSION #
15140237

 

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