Reagan Tax Cut Proposal Sparks Political Debate
Reagan’s push for a 10 percent across the board income tax cut draws scorn from Democrats who warn it paired with higher defense spending could threaten the economy. Analysts note inflation taxes have eroded past relief, and even with a cut the effective rate remains above 1980 levels, barring broader spending changes.
MENTIONED IN THIS ARTICLE
Ronald Reagan
Washington
GOP
Senate
Byrd
Powell
Reagan
U.S
Congress
Tax Foundation
Court upholds free speech in corporate political comments
Supreme Court rulings in a New York case defend corporate free speech against a government ban on airing opinions in mailings. Justices say content cannot justify limits on speech, warning that government control over debate would threaten liberty of speech and press.
MENTIONED IN THIS ARTICLE
New York State
The
Natural Resources Defense Council
Supreme Court
Voltaire
New York
High Court
America
Kissinger advised as Reagan tactic shield
Henry Kissinger, back from Europe, delivers a sharp defense of his role and warns Reagan against excluding him from any future administration. He argues Kissinger’s global grasp and cautions that foreign policy missteps could invite a dangerous retreat amid crises.
MENTIONED IN THIS ARTICLE
Washington
Ronald Reagan
Kissinger
Reagan
Persian Gulf
Henry Kissinger
Nicaragua
Lugar emerges as Reagan’s VP choice amid jockeying
The discussion weighs prospects for a running mate who adds votes without baggage. Richard Lugar of Indiana stands out for experience, Senate clout, and broad appeal. He would balance the ticket with foreign policy credibility and Indiana roots, while Lane Laxalt coordinates briefers and Baker backs Lugar’s candidacy amid GOP dynamic.
MENTIONED IN THIS ARTICLE
Paul Laxalt
Reagan
Treasury
William Simon
Jack Kemp
Don Rumsfeld
Laxalt
Lugar
Nevada
Howard Baker
Panama
Tiny slips big flips in word meaning and usage
A Washington Journalism Center director mocks errors in print showing how changing letters creates new meanings. Examples include adapt vs adopt, demur versus demure, compliment vs complement, lose vs loose, and none vs known. The piece lampoons phonetic spelling and editorial slips.
Smoot Hawley lessons for today’s distress in industry
The piece argues half a century since Smoot Hawley tariffs sparked downturns, urging protectionism would export distress rather than fix causes. It notes postwar trade liberalization, a 270 billion export value in 1979, and rising protectionist sentiment amid auto and steel pains, inflation, and jobs fears.
MENTIONED IN THIS ARTICLE
Washington
Smoot-Hawley
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