Slow Fade: Tax reform dies away

Tax reform dies away

With much fanfare, Ronald Reagan unveiled a bold tax-reform plan nearly five months ago and predicted that it would bring on "a second American revolution." Urged the President: "America, go for it!" But as Reagan wound up a nationwide series of rallies to promote his proposal, it was apparent that America was not going for it. Preaching his tax- simplification gospel in Boise last week, the President won the same enthusiastic applause he had received at other barnstorming stops. Yet as Republican Senator Steve Symms observed, "They were cheering, but it was for him, not for tax reform." Various polls indicate...

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