Cutting taxes and the budget
Long before Reagan's landslide victory, his task forces were digging into the biggest problem that would face the new President: coping with the battered economy. The various panels put together their findings and last week presented a unanimous 20-page report to Reagan for his expected approval. Among their recommendations:
> Sticking to the Kemp-Roth tax cut timetable, which would trim personal income levies by 10% a year for three years. While some of Reagan's more cautious advisers had earlier urged him to spread the reductions over five years, he insisted on the original proposal. But Reagan...
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