White House Plants Tax Revolt Ahead Of Debate
The White House pushes for a public push for President Carter's tax cuts amid a divided Congress. Mondale vows to lead the charge and challenges Republicans to defend their stance in the campaigns. Polls show a tight race on who can best lower taxes. Rhodes blasts the plan as a phony cut though capital gains relief gains traction. Carter threatens a veto on any final bill including capital gains cuts. The administration aims for a $15 billion income tax reduction without Carter’s reform revisions.