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Economy / Possible Tax Incr. #27709

ABC Evening News for Thursday, Sep 13, 1973
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(Studio) White House proposes possible increase in taxes to slow inflation.
REPORTER: Howard K. Smith

(White House) [President cnsl. Melvin LAIRD - explains tax increase plan and reasons behind increase consideration.]
REPORTER: Tom Jarriel

(Capitol Hill) Senate Democrats oppose proposed tax hike. [Senator Henry JACKSON - believes tax increase would be inflationary.] [Chairperson Fin. Committee Senator Russell LONG - thinks government wouldn't repay borrowed money to average taxpayer.] [Senator William PROXMIRE - insists spending cuts would be better anti-inflation measure than tax increases] [Senator George McGOVERN - charges tax increase hurts little man in American]

Clark, Bob;
Jarriel, Tom;
Smith, Howard K.

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