Tax Reform Sparks Constituent Debate in Congress
Washington reports that tax reform plans gain support in the House Ways and Means Committee. Many members now hear from constituents harmed by proposed changes as reform is defined to require the rich to pay more, though details remain complicated.
MENTIONED IN THIS ARTICLE
Edwin L. Dale JR
New York Times
Washington
Congress
Tax reform faces sharp opposition from diverse interest groups
A speaker outlines that bankers, mayors, stockbrokers, real estate, oil, farmers, savings institutions, rich individuals, churches, and charities may oppose a tax reform bill. He argues middle class sentiment pushes toward closing loopholes, while many groups believe current advantages are deserved. The issue: whether Congress can enact broader tax reform with cross‑group opposition.
MENTIONED IN THIS ARTICLE
Savings and Loan
Congress
Mansfield insists surtax extension may aid tax reform
Gen. Mike Mansfield told reporters that Democrats would risk the political hit from Republican charges of inflation if needed to win tax reforms. He opposes a move to delay a House approved extension of the 10 percent surtax as the Safeguard missile dispute clouds the military authorization bill and Congress may not reconvene until after Sept 3. He urged closing tax loopholes to ease middle income burdens while stressing long term recovery requires trimming government spending.
MENTIONED IN THIS ARTICLE
Washington
Mike Mansfield
Montana
Senate
Hugh Scott
Pennsylvania
Mansfield
William Proxmire
D-Wis
Edward M. Kennedy
Scott
The Fearful Trader and the Mask of Reality
A behavioral view on traders shows how fear greed and selective perception shape risk. It details defense mechanisms misreading reality and the danger of stubbornly holding losing positions while praising plan adherence and discipline under market pressure.
MENTIONED IN THIS ARTICLE
Animal Kingdom
Quik Fix Promises Easy Repairs for Broken Dishes and Teeth
In a bold claim the ad touts simple at home fixes for broken plates and dental repairs. The promotional copy emphasizes ease of use and a money back guarantee.
Possible To Shrink Painful Hemorrhoids Now Possible
A New York report describes a scientific institute showing case after case where sufferers gain prompt relief from hemorrhoid pain. The article highlights Preparation H as soothing irritated tissue and easing bowel movements while helping prevent further distress.
MENTIONED IN THIS ARTICLE
New York, N. Y
Also Mentioned on This Page
Commoditib
Charles Harlow
Venture Research Co
Pine Avenue
Long Beach
California
Charles F
Jim Gray
Atlantic
DoOley
Dooley’s Arima i
Blvd
U. S
del Bunch Corporation
Byay
Jamilee Corporatiot
Alondra
Bellflower