Lott says GOP considering national consumption tax

Barrett, Joyce; Ostroff, Jim
November 1996
WWD: Women's Wear Daily;11/7/1996, Vol. 172 Issue 88, p2
Trade Publication
Reports on Senate Majority Leader Trent Lott's announcement that the US Congress is considering a national sales tax or a consumption tax as part of a proposed tax reform package. Objection of retailers to the tax proposal for fear that it will discourage consumer spending; Retailers' support for a proposal to cut the capital gains tax rate and change the estate tax; Other tax issues pertinent to the retail trade.


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