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Hellers Tax Policy Still Influences Debate
New York AP reports Walter Heller, economist and former Council of Economic Advisers chair, remains influential in tax policy debates. Once a proponent of tax cuts to spur growth, he now urges a 10 percent surtax to curb inflation and preserve monetary policy space, arguing Congress should act despite shifting political climates. Heller’s career includes guiding tax cuts in the early 1960s and later advising on fiscal measures amid Vietnam war funding and rising deficits.
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