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Tax Reform / Exemption Raise / Nixon / Gore #3574

ABC Evening News for Wednesday, Dec 03, 1969
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(Studio) Senator votes to raise personal tax exemption to $700 next year and $800 in 1971. Vote victory for Senator Albert Gore and setback for administration
REPORTER: Frank Reynolds

(DC) Senator passes 58-37 Senator Gore's plan over administration favored 1. Admin. refuses to back Republican plan. Senator Hugh Scott says administration chose "glorious defeat." 48 Democrats and 10 Republicans vote for plan. [Senator GORE - says White House, Treasury Department and Senator played pols. with it. Think President Nixon will forget veto threat.] Veto threat will help force compromise with House

(DC) President Nixon finds Gore amendment unacceptable. He'll try to get compromise in Congress meeting Rptd. President will veto raise.

(Studio) Whatever occurs won't affect this year's tax returns.
REPORTER: Frank Reynolds

Clark, Bob;
Gill, Bill;
Reynolds, Frank

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