TITLE

Raising Taxes: No Fun

AUTHOR(S)
REESE, THOMAS J.
PUB. DATE
May 1982
SOURCE
America;5/8/1982, Vol. 146 Issue 18, p353
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article focuses on tax increase which, in the author's opinion, is the perception in the U.S. government where the President and Congress are looking for revenues to cut the huge deficits that are being projected for the next three years, from the period of 1983-1985. It cites that such deficits and fear of inflation are keeping long-term interest rates very high. It notes that high interest rates are forcing politicians to consider tax hikes. It relates that the government has introduced the idea of raising taxes on tobacco and alcohol.
ACCESSION #
35497342

 

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