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Newspaper
Aiken Standard
Location
Aiken, South Carolina, United States of America
Date
Sep 06, 1985
Page
3
AP reports President Reagan appeals to NC State audience by pitching a bold tax plan to overhaul the code. He frames the proposal as pro growth and job creation while casting rivals as cynics and special interests. He urges Wolfpack spirit to push the plan in Washington.
President Reagan’s plan to tighten tax-exempt bond rules could hinder funding for airports, sewage plants, and low income housing. The National League of Cities warns that ending federal tax exemptions may end new low income housing projects as cities rely on revenue bonds amid aid cuts.
President Reagan spoke at North Carolina State University Raleigh to support his tax overhaul plan drawing about 13 000 students. He faced questions on free trade Nicaragua and South Africa with signs urging more loans textile aid and sanctions. Reagan warned sanctions could hurt U S business while black students urged tougher action and a debate over ethics versus economics.
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