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Publication Date: August 1982
Publisher: Heritage Foundation (Washington, D.C.)
Author(s): Thomas M. Humbert
Research Area: Banking and finance
Keywords: Taxes
Type: Report
Abstract:
A victory for the Senate Finance Committee's package will set in motion the tax-and-tax, spend-and-spend cycle that Reagan has come so close to breaking. Congress still has the chance to keep its faith with the American people and reject the Senate tax package. If it does not, it is up to the White House. To fail to veto the tax hike is to breach faith with Ronald Reagan's America.