NIXON'S TAX PACKAGE: A MODEST START ON REFORM

FOR an Administration that prides itself on careful deliberation, last week's tax proposals were put together with rather uncomfortable haste. Presenting the Nixon program to the tax-writing House Ways and Means Committee, Treasury Under Secretary Charls E. Walker sounded almost apologetic when Chairman Wilbur Mills complained that the plan touched only a few tax inequities. "We have tried to meet some of these things head-on," Walker conceded. "But after all, we have had less than 100 days."

Despite its 19-item brevity, the Nixon package calls for changes of considerable social—and perhaps political —consequence....

Want the full story?

Subscribe Now

Subscribe
Subscribe

Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!