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Consumers Break With Excise Tax Cuts In Johnson Push
New York AP report notes President Johnson signed the excise tax cut amid a wary economy. Most merchants passed savings to buyers while some manufacturers warned of base price rises. Tax cuts for autos and many consumer goods took effect, boosting reflections on future inflation and jobs.
MENTIONED IN THIS ARTICLE
New York
Johnson
Tun
Accu
Associated Press
David L. Yunich
Macy’s
R. H. Macy & Co
Commerce Department
Congress
Gardner Ackley
General Motors Corp
Ford Motor Co
Chrysler Co
Consid