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Article: PROPOSALS TO REDUCE TAXES:MARK BLOOMFIELD
- Article from:
- Congressional Testimony
- Article date:
- February 12, 1998
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Statement of Mark Bloomfield
President, American Council for Capital Formation
Before the Committee on Ways and Means
Of the U.S. House of Representatives
February 12, 1998
Executive Summary
1. OVERVIEW. The ACCF strongly supports the emphasis Ways
and Means Committee Chairman Bill Archer has placed on the
significance of saving and investment for economic growth. Tax policy
should be supportive of capital formation if real wages for U.S.
workers are to increase, living standards are to advance at a faster
pace, and the United States is to maintain the economic strength
necessary to sustain its leading role in world affairs.
2. IMPACT ...
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