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Tax Bill / House #238426

CBS Evening News for Thursday, Dec 04, 1975
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(Studio) House passes 257-168 tax bill.
REPORTER: Roger Mudd

(DC) Representative Fortney H. Stark wins amendment to keep wealthy taxpayers from writing off losses to reduce taxes. H. Ross Perot would have received $15 million benefit. Representative Edward Foreman wins amendment to tighten loopholes for tax-exempt Americans Reform package to bring in $1.5 billion as amended. [Republican leader John RHODES - says Ford called from Peking and will veto bill without government expenditure limit.] [Chairperson Ways and Means Committee Al ULLMAN - can't understand how Ford could veto bill.] Bill goes to Senator Finance Committee
REPORTER: George Herman Artist: Aggie Whelan

Herman, George;
Mudd, Roger

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