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Democrats clash with Reagan plan over tax relief
Senate Finance Committee backed Reagan tax plan with broad cuts while House Democrats unveiled a targeted approach favoring low and middle income groups. Both proposals take effect Oct. 1 and promise the largest tax cut in history. Proposals differ on who benefits most and how inflation and Social Security taxes are offset.
MENTIONED IN THIS ARTICLE
Jim Luther
Associated Press
Washington
Senate
Reagan
House Democrats
Senate Finance Committee
Los Angeles
Finance Committee
White House
Larry Speakes
Dan Rostenkowski
D-Iii
House
Ways and Means Committee
Democratic Party
Rostenkowski
Sen
George Mitchell
Maine
Bill Armstrong
R Corp