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Tax cut plan near equal treatment say officials
Washington ap Reagan administration defends its tax cut as close to equal for all income levels. Treasury expert Bruce Thompson says the system’s structure causes bigger boosts for some middle income earners, but the plan remains fair within the tax framework. The proposal cuts personal rates about 3 percent over three years, with the largest benefits going to higher income groups while marginal rates on additional income are emphasized.
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Washington
Treasury Department
Bruce Thompson
Thompson
Reagan
Congress
Paul Craig Roberts
Treasury
Reagan Administration
Roberts
Associated Press