TAX CUTS: WHO WILL GET THE BREAKS?

IN THE BUDGET ENDGAME, TAXES ARE ON THE TABLE. REPUBLICANS WANT BOUNTEOUS CUTS. CLINTON SAYS THEY WILL GO MOSTLY TO THE RICH BUT IS TEMPTED TO GO ALONG WITH SOME. IS THIS GOOD

SLASH IT, CUT IT, SHUT IT DOWN. The raging rhetoric in Washington's budget battle has revolved mostly around government spending cuts: who must take the pain, and how much of it. But as the dealing moves into what may be the final stages, the other side of the balance sheet--taxes, specifically tax cuts--has become just as contentious a battleground: who will get the payoff, and how much of it. With both sides closing the gap between their spending plans, the focus will turn to the proposed $245 billion G.O.P. tax reduction and Bill Clinton's $98 billion counter.

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