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Publication Date: July 1978
Publisher: Heritage Foundation (Washington, D.C.)
Author(s): David A. Williams
Research Area: Banking and finance
Keywords: Taxes
Type: Report
Abstract:
On Saturday, January 21, 1978, President Carter released a proposal that called for a $25 billion income tax reduction for individuals and businesses while eliminating $9 billion in tax shelters for upper-income and middle-income taxpayers.