With House- and Senate-passed tax-cut bills on the table, President Clinton came to the table with his opening bid in what could be a summer of deal-and-swap. Clinton's plan largely goes along with Republican proposals for cutting capital-gains levies but tries to retarget other cuts to the working poor and to those saddled with high college tuition payments.
Tax Response
With House- and Senate-passed tax-cut bills on the table, President Clinton came to the table with his opening bid in what could be a summer of deal-and-swap. Clinton's plan largely goes along with Republican proposals for cutting capital-gains levies but tries to retarget other cuts to the working poor and to those saddled with high college tuition payments.
