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Tax Reform Proposals #87894

ABC Evening News for Tuesday, Nov 27, 1984
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(Studio) Report introduced
REPORTER: Peter Jennings

(DC) Treasury Department's proposed reform of tax system, presented by Treasury Secretary Don. Regan, examined. [REGAN - thinks tax simplification and reform is necessary.] Basic tenets of plan outlined on screen, discussed. [REGAN - anticipates opposition by special interest groups working to protect tax breaks.] Impact on average taxpayer illustrated on screen, explained. [Senator Robert DOLE, Representative James JONES - think it's too early to anticipate reaction in Congress] [President REAGAN - denies decision has been made.] President's final proposal said coming in State of Union address.
REPORTER: Charles Gibson

(NYC) Anticipated impact of proposals on upper income married couple with various luxuries explained; effect on business considered.
REPORTER: Dan Cordtz

(Studio) [REGAN - tax simplification recommendations juxtaposed against President Reagan's campaign promise of no tax increases discussed.]
REPORTER: Peter Jennings

Reporter(s):
Cordtz, Dan;
Gibson, Charles;
Jennings, Peter
Duration:
00:06:30

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