Doleful Notes

August 1982
National Review;8/20/1982, Vol. 34 Issue 16, p997
The article focuses on the U.S. Senate Finance Committee's tax hike package called the taxpayer compliance which derived from legislation filed earlier by Senators Bob Dole and Charles Grassley. The package would let the Internal Revenue Service (IRS) grab another $4 billion to $9 billion a year, not by raising taxes openly. Assistant Treasury Secretary John Chapeton supported the measure. Chapeton says that the measure would be more convenient for the retirees because the IRS would help figure out their withholding rates.


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