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Tax Reform #310138

CBS Evening News for Wednesday, May 07, 1986
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(Studio: Dan Rather) Report introduced.

(DC: Phil Jones) Senator Fin. Committee approval of radical tax reform bill examined. [Senator Robert PACKWOOD - claims middle America is winner with bill.] [Banker's Committee for Tax Equity spokesperson Edward DELANEY - criticizes proposed elimination of deduction for individual retirement accts. (IRAs).] [PACKWOOD - cites elimination of some tax shelters.] [Balcor Company spokesperson Robert JUDELSON - criticizes such approach.] [Senator Bill BRADLEY - explains oil and gas shelters.] [Senator Russell LONG - defs. helping special ints.]

(NYC: Ray Brady) Proposed legislature' implications for average taxpayer examined. [Econ. Walter DOLDE - notes relationship between individual and corporation taxes under plan.] Details of bill outlined on screen, discussed. [MAN - opposes eliminating deductions for IRAs.]

Brady, Ray;
Jones, Phil;
Rather, Dan

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