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Bank Association Executive Urges Cut in Corporate Tax
Bankers and manufacturers urge Congress to cut corporate income tax to 42-45 percent arguing a long term boost in investment and growth will raise revenues. NAM and ABA push corporate cuts while labor calls for lower income tax relief. President’s plan sits between these positions as Congress considers options.
MENTIONED IN THIS ARTICLE
Bank Association
Sam Dawson
AP Business News
NEW York
Business and Finance
National Association of Manufacturers
American Bankers Association
Congress
ABA
Charles E. Walker
House and Means Committee
Treasury
Labor
Walker
NAM
W.P. Gallander
Gallander