|
|
Article: GOP may hit retailers where it hurts; Rep. Lott says national sales tax being considered.(Senate Majority Leader Trent Lott)
- Article from:
- Daily News Record
- Article date:
- November 7, 1996
- Author:
CopyrightCOPYRIGHT 1996 Conde Nast Publications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
WASHINGTON (FNS) -- Before retailers had the chance to truly savor the results of Tuesday's elections and the continued Republican majorities in Congress, Senate Majority Leader Trent Lott (R., Miss.), dropped a bombshell Wednesday morning.
Outlining options Republicans are considering in tax reform, which tops their legislative agenda, Lott said a national sales tax or a consumption tax was being considered.
"Is a single flat rate the way to go, or is a consumption tax or a national sales tax a better way to go?" Lott told reporters in a Capitol Hill press conference. "Let's begin the dialogue. Let's talk to the American people and then do it."
The ...