Business: Then Along Came Jones

Democrats who urge tax breaks for business used to be as rare as Southern supporters of memorials to Ulysses S. Grant, but that was before Oklahoma Congressman James Robert Jones started working the corridors. As the party's primary advocate of liberalized depreciation rules, Jones is at the fore of a neoconservative fiscal bandwagon that is straining the old free-spending coalitions of the New Deal and the Great Society. He is also one of the most effective and fastest rising members of Congress.

The son of a Muskogee potato chip maker who went broke in...

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