Business: The Candidates' Me-Too Ideas

Don't spend and spend, but cut, trim and hope for the best

George Bush advocates a $20 billion tax cut in 1981. Teddy Kennedy thinks a pump-priming cut may be necessary in 1980, but is not yet sure. John Connally wants a crowd-pleasing $50 billion to $100 billion tax reduction spread over three to five years, while Howard Baker figures a four-year time frame is about right. Both Jerry Brown and Ronald Reagan would like lower taxes and a balanced budget (who wouldn't?), but want the cuts linked to a constitutional limit on the...

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