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Tax Cut Recommended by Rockefeller Panel
A Rockefeller Brothers Fund panel urged broad tax cuts as the quickest antidote to recession. It favored immediate tax relief and monetary expansion, with targeted public works and unemployment supplements, and recommended smoothing income tax rates to better balance earnings over multiple years.
MENTIONED IN THIS ARTICLE
Rockefeller Brothers Fund
Federal Reserve System
Congress
Rockefellers
Nelson A
Rockefeller
Gub Fund
Busilie