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IRS Worried Over Taxpayers Using Deductions
Washington AP report notes IRS officials wary of taxpayer backlash from Nixon tax controversy. Analysts warn potential revenue drop in 1974, with estimates up to 10 percent. Experts cite moral concerns and broader push for legal deductions amid public scrutiny.
MENTIONED IN THIS ARTICLE
IRS
Washington
Internal Revenue Service
Nixon
Johnnie M. Walters
Charles Vanik
Ohio
House
Ways and Means
Vanik
New York
National Archives
John J. Olszewski
H. & R. Block