THE CONGRESS: Ten Percent down the Line

Cutting taxes for the first time in 16 years was too urgent a job for the House Ways & Means Committee to share it with the public. Last week it took Treasury Secretary Vinson's tax-reduction program behind closed doors, came out in a record-breaking four days with a tax bill which would 1) give individual taxpayers at least a 10% reduction in income taxes, and 2) take 12,000,000 lower-bracket Americans off the tax rolls altogether.

The finished product was not exactly what onetime Ways & Means Committee member Vinson had asked, but it was close. The bill provided for a total...

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