In Washington last week Robert L. ("Muley") Doughton, chairman of the Ways & Means Committee, pulled his black slouch hat down over his gimlet eyes, picked up his grips in his ham-sized hands, and took train for his North Carolina tobacco-farming district.
Behind him he left one of the worst tax fiascos in Congressional history. With a clear mandate from the President to raise by any sensible means $16 billion in additional tax revenues, Congress had for weeks wasted its time in partisan debate over a proposal that was originally nonpolitical: the...
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