Iowa Senators Back Tax Bill Amid Calls for Revisions
Iowa senators voted for the tax bill with caveats as President Reagan pushes it for final passage. Grassley and Harkin voiced concerns about changes ahead while Boren criticized the bill as flawed. The measure would cut individual rates, raise exemptions, and alter itemizing rules, with effects on millions of taxpayers and corporate shares.
MENTIONED IN THIS ARTICLE
David Boren
Okla
Iowa
Charles Grassley
Tom Harkin
Congress
Harkin
Reagan
Americans Win Some Lose Some Under New Tax Law
Analysis of the taxing changes shows broad effects on spending, saving, borrowing and investing. Individuals may gain cash but lose deductibility and subsidies, affecting homes, cars, education and entertainment. Investors and executives shift strategies to defer income and adapt to lower corporate rates.
MENTIONED IN THIS ARTICLE
Washington
America
Hall
Cleanup volunteers aid statewide toxic waste effort
Volunteers in Chico assist a local company by sorting and packaging toxic materials for transport to a waste dump site in the coastal Santa Barbara foothills. Osterberg eyes the next legislative session, predicting funding for groundwater quality and toxic waste disposal programs.
MENTIONED IN THIS ARTICLE
Hawkeye Downs
Chico
Calif
Santa Barbara
Osterberg
Linn
Dubuque
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