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Article: ...Assisted by Gingrich. (Newt Gingrich's tax policy )
- Article from:
- National Review
- Article date:
- September 17, 1990
CopyrightCOPYRIGHT 1990 National Review, 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)
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AFTER MONTHS of watching President Bush and his fellow GOP summiteers make one domestic mistake after another-including the abandonment of the winning no-tax theme of the last decade-conservatives finally have a reason to cheer. Minority Whip Newt Gingrich came back to Washington early from the summer recess and, addressing the Heritage Foundation, pre-empted everyone (including the White House) by offering his own pro-growth package of tax cuts. The Minority Whip proposed five separate measures-among them a reduction of the capital-gains tax rate to 15 per cent, a substantial increase in the $2,000-per-dependent deduction, and a revival in individual retirement ...
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