TAXES: Calling for Raises

When asked their stand on taxes, all too many presidential candidates have refused to say much more than that they ought to go down. Not some of this year's Democratic hopefuls. Edmund Muskie, George McGovern and Hubert Humphrey have either proposed or endorsed surprisingly detailed tax reforms that would cancel many benefits now enjoyed by U.S. companies, sew up loopholes used by the rich, and probably increase the tax bill of almost everyone with an income above $12,500. The Democrats are making tax reform a big, sharp campaign issue.

In a position paper, Muskie proposed reforms aimed at increasing...

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