Long proposes optional simpler tax plan for millions
Senate discussion centers on Senator Russell Long plan offering a tax option for middle and high income earners. It would raise the standard deduction for some and cap capital gains treatment, with a 20 percent rate to 50 percent top bracket and five year commitment for adopters.
MENTIONED IN THIS ARTICLE
Washington
Russell B. Long
Congress
Treasury
Senator Long
Long
Also Mentioned on This Page
Main Street, U.S.A
Bert Mills
Clifton N. Foster
Nebraska
Friends of Foster
A iNibods
PORK
Ata
Srind Coop
COOP
Farmers Coop Grain Ass’n
Polk, Nebraska
The
Nebraska State Chamber of Commerc
Ralph F. Beermann
Ats
U.S. Representative