PUBLIC EDUCATION ON TAX-CUT NEEDED?

Document Type: 
Collection: 
Document Number (FOIA) /ESDN (CREST): 
CIA-RDP75-00149R000100640014-9
Release Decision: 
RIPPUB
Original Classification: 
K
Document Page Count: 
1
Document Creation Date: 
November 11, 2016
Document Release Date: 
February 12, 1999
Sequence Number: 
14
Case Number: 
Publication Date: 
January 29, 1963
Content Type: 
NSPR
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PDF icon CIA-RDP75-00149R000100640014-9.pdf145.53 KB
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CPYRGHT a iz ' A roved For Re.U ftd 9CL RDP75 KNOXVILLE, TENN. NEW >SE 3TIIIEL EVENING 104,997 SU DAy 141.507 1964 Cress Rounu rub11c education o Tax-Cut Needed? CatrcpEted From press Despatches t~Lrd.5i1731iC '0N, Jan Q~ ni R adviser said that some taxpayer "puritanical effort" to deny then selves a tax cut. He said this must be overcom by et ucstton, because a tax cu is the only way the nation's econ level It should be. The statements wete made h the Council of Economic Advisers, in testimony yesterday before the opening session of the Joint Can. gressional Economic Committee hearings of Mr. Kennedy's plan to cut taxes a net of $10,200,000, 000 over the next three years, Heller was questioned closely by several committe members about the budget deficit which would be incurred under. the Ad. ministration program and t he possibility it would lead to in. flation. `Don't Bother,' one Say It w a s questio by Pep. Martha W. Grif (D., Mich.) that le( to H is admission reduction The congresswoman said the President's pre,nsal s o u s d e e good in theory, "but the individ ual taxpayer b ? a theory of h ir only about a year but survey she onducted, showe that 82 per sent of those ques d tinned ?alt. t tat "if it's not gain to be more than that, don' bother. Helier agreed there were some m "It remarkabfp that their d puritan,:,-al effort should be that fe they v ant to deny themselves a th ax reruction," he said. "There is a need for public aid, the nation has been "in the ip of economic lethargy" which ould hest be broken by a tax eforms Hard To Get 'ome from greater spending by~ trat *s,proposals for new incefl~ fives ease investments in businessaa.ns ale needed. Sens Claiborne Pell (D., R.I.), asi d why the President did npix econizfiend itiere tax reforms eceup rriord lrthe revenue whi ould be lost through the redo - "Even as a liberal Democr-t, ell said, ` ve doubts abo he etSnitinurfic3t."" n greign junketing by nfhfmber f 1)e House; It agreed urt`animott.lyto a pro ()sal by chairman Howard W ith, .fl ., Va.), to put a ceiling use of counterpart funds b aveling legislators, to require a e of the funds to committee: t specifically authorized to tray abroad. unterpart funds are foreigrllo t e s and generally obtained ! is gh forefgn-aid prograris,!11 tified fa""RftfteT po- E. t pressure nor friendship in- him to extend a costly de- stockpuu7g program during isenhower Adm.inistr;lion, ascribed to the sub- a~tr ant Secretary of the Interior ~ rh Wormser suspected that political pressure caused a "flip flo " i hi ,h p n w f rormser in 1956 fitat;, opposed. 0,000 tons of chromite ore by fhe Gov rnment of prices described in n , ,+r.,, ., nmq also testlfif11 "very cate? oricaiiy," as he put_;!f, that a fetter 'dr, ma nor aV a In gqr1'r~lvln at, Y dtdsion, ta' a fhe'6~ffirnm s Defense Mobdizafion Director in the cried 7953-;957 before 1came a mer, e y of the Eisentiowe Mt as 5err m It 7t n d i Welfa rt AIR COYER-T Ef fhe fanned air rikes for an 1 on of n'"rn 19e' canceled by stdent Kthne@y. 5c c -ia~ppnr.(p., Kos I, ~d a meet( -.. ufilfcl4ri` women to t 6ka Ka ev~+ Carlson stressed, haw s sir a ct,, ,.._. __...__t that the ice ftaency silo' Deparf i 'ii pt+e" naliy' pioirt three tier ikes. One strike, against qubnn plates the ground, was carrieB.ouf, but the -man aireCrlan of Govt ent acfinn the Cuban showdown e" "rsiar+i-w ?? was nor critical, , thi- `e.'itiat takeover nor of th0 results vd in forein?? the withetra,ual no nuclear Missiles and bombers 'tuba. more at many reason{ for a 1 e6 7 overhaul of present Govern- cson feels is danperousiy nimbi-. e, u wieldy antl Inadequafe For icoi- with `he swiftly dcvrlnntnn i , ..i ww Proposed in Congress by Rep " 'hlt en ((1. Miss.), ntroduced a !flit which w,,,d4 "E" bond in eases' whe a the he paid for the bond nliie 11w CPYRGHT FOIAb5 CPYRGHT Sanitized - Approved For Release : CIA-RDP75-00149R000100640014-9