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Industry / Taxes #274982

CBS Evening News for Tuesday, Dec 22, 1981
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(Studio) Reagan campaign talk with regard to awakening industry by tax reductions recalled. Failure of industry to respond to reduced taxes noted.
REPORTER: Dan Rather

(Quinnesec, Michigan) Upper Michigan papermill, halted mid-construction, cited. Scenes shown. Tax relief said inadequate in depression times. [Champion International Gerald BEISER - says there's no market for product.] Figures showing decline in new industry under Reagan, as compared to Jimmy Carter, shown on screen. [Tom MARISINI - faults Reagan.] Marisini case detailed. [MARISINI - talks about his layoff from job at paper mill site.] [Citizens for Tax Justice Robert McINTIRE - calls present situation biggest tax heist in history.] [Secretary Commerce Malcolm BALDRIGE - says Reagan program too new to judge.] Addl. tax decreases anticipated, as benefit to industry but questionable benefit to workers& economy generally.

Brady, Ray;
Rather, Dan

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