$16 Billion Tax Cut Advances

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$16 Billion Tax Cut Advances
Panel Clears Bill as It Ignores Veto Threat PANEL'S TAX CUT VOTE



Los Angeles Times (1886-Current File) - Los Angeles, Calif.
Author:	WILLIAM J EATON
Date:	Jul 28, 1978
Start Page:	1
Pages:	2
Section:	PART ONE
Text Word Count:	936



Abstract (Document Summary)



Ignoring a veto threat from President Carter, the House Ways and Means Committee Thursday approved a $16.2 billion tax cut, including a big tax break for homeowners and $2 billion worth of reductions in capital-gains taxes that Carter strongly opposed. Reproduced with permission of the copyright owner. Further reproduction or distribution is prohibited without permission.



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