Hope on the Tax Front

March 1979
National Review;3/16/1979, Vol. 31 Issue 11, p341
The article comments on tax bills introduced in the U.S. Congress to deal with inflation that is eroding the nation's capital. Representative Clarence Brown of Ohio and Senator James McClure of Idaho have proposed a tax credit of up to 50 per cent for additions to personal savings. Another bill proposed by Senators Robert Dole and Gaylord Nelson aims to allow employees to take a tax deduction for money put into private pension plans and individual retirement accounts.


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