In an Administration that has performed one about-face after another on economic policies, one of the few irreversible forward-march orders left standing has been to oppose any thought or mention of a tax increase. In fact, part of President Nixon's Phase I economic program was a sizable tax decrease, and one of his most frequently repeated campaign promises in 1972 was that he would stand firm against any new tax bites. At his most recent press conference, Nixon said that the present Congress could not possibly pass a "responsible" tax-reform bill, and...
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