PUBLIC EDUCATION ON TAX-CUT NEEDED?

• Document Type: CREST
• Collection: General CIA Records
• 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
• Publication Date: January 29, 1963
• Content Type: NSPR

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