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Tax Reform #311536

CBS Evening News for Monday, Aug 18, 1986
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(Studio: Dan Rather) Report introduced.

(DC: Eric Engberg) Expected impact on business of tax reform bill approved by House-Senator conferees discussed; scenes shown. [Senator John DANFORTH - expects greater unemployment as result of bill.] [Chamber of Commerce economy Richard RAHN - predicts slowed economy] [National Apt. Association spokesperson Colleen FISHER - anticipates higher rents.] [DANFORTH - notes Missouri's largest employer will be hurt.] [Representative Dan ROSTENKOWSKI - responds.] [Ireland's Restaurant Corporation president Mike EBSTEIN - fears major impact on restaurants' bus. clientele.]

(Studio: Dan Rather) Tax reforms expected to begin January 1987 and phased-in schedule of other changes outlined on screen, explained.

(Los Angeles, California: Jerry Bowen) Taxpayers' effort to understand specifics of proposed bill examined; details given, scenes shown. [BROKER - comments.] [Tax accountant Don TOTH - notes lower income will benefit most.] [Designer Barry LLOYD - expects to pay more taxes.]

Reporter(s):
Bowen, Jerry;
Engberg, Eric;
Rather, Dan
Duration:
00:06:00

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