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Bipartisan Support for Middle Income Tax Cut Gains Steam
The House Ways and Means Committee backs a middle income tax cut with date and depth unsettled. Leaders forecast a 10 to 20 percent reduction over two years, favoring married couples and savers, with July to January timing options and a likely end to the marriage penalty.
MENTIONED IN THIS ARTICLE
Leonard Curry
Newhouse
Washington
House
Ways and Means
Congress
Committee
Dan Rostenkowski
D-Ill
Barber Conable
New York
Rostenkowski
Reagan
Treasury
Donald T. Regan
Perent
Conable