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Gray backs Reagan tax reform with caveats in Southern Illinois
U S Rep Ken Gray praises Reagan tax reform aims as steps to cut the deficit and shift burden to corporations while opposing elimination of property tax exemptions for local homeowners. He supports fewer brackets, a minimum corporate tax, and targeted oil industry exemptions, aiming for relief to middle and low income earners and reform by October if spending is cut.
MENTIONED IN THIS ARTICLE
Tim Landis
U.S
Ken Gray
West
Frankfort
Reagan
Gray
Illinois
Congress
Secretary of the Treasury
Donald Regan
House
Senate