Tax Cut Debate: Study Questions Reagan Plan's Stimulus
A Data Resources study for the Securities Industry Association questions the Reagan tax cut's ability to boost savings and investment. It urges targeted cuts in capital gains and investment income taxes, noting recent revenue gains from profits and contrasting broader personal cuts. The piece links fiscal policy to inflation, productivity, and long term growth while recounting Hawaii’s 1959 statehood history.
MENTIONED IN THIS ARTICLE
Treasury
U.S
Cattle Egrets Arrive, Spread Across U S From Eurasia
A county observer recounts the arrival of cattle egrets in 1952 and their spread from Florida to Maine and Kansas. The birds, natives of southern Eurasia and northern Africa, now breed in the state and are seen with cattle and horses, sometimes perching on cattle backs.
MENTIONED IN THIS ARTICLE
U.S
Aikien
South Carolina
New Jersey
Texas
Maine
Kansas
Eurasia
Africa
South Atlantic
British Guiana
Computers say tax cut yields small gains under loss
A series of tests by the DRI study for the SIA concludes the president’s basic tax proposal would return well under a dollar of economic activity per dollar of revenue lost, not only next year but through 1984. The study favors capital gains cuts, reducing investment income tax to 50 percent, and argues for eliminating earned versus unearned income distinctions.
MENTIONED IN THIS ARTICLE
DRI
SIA
Senate Finance Committee
Carter
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Louis Rukeyser
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Securities Industry Association
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Paradise of the Pacific
Union
Helen Mary Fenninger
Florida
West Indies
Totae
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eLy
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Taylor ST. Tail
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Sal. & Sun
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Sal & Sum
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MacPherson
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