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February 27, 1978: This AEI Public Policy Forum examines President Jimmy Carter's proposed income tax reductions and tax reforms. While many people acknowledge the need for tax reform, several of the changes that have been proposed are highly controversial. Some argue that the proposed tax cut is too large because it would lead to an inflationary budget deficit, or because higher taxes are needed to pay for expanded social and employment programs. Others say that too much or too little of the tax cut would go to business. Still others maintain that the middle class deserves a better tax break than it would receive under these proposals. Panelists: Robert Carswell – Deputy Secretary of the Treasury and Former Special Assistant to the Secretary of the Treasury Barber B. Conable, Jr. – Representative (R-New York) Herbert Stein – AEI Adjunct Scholar Al Ullman – Representative (D-Oregon) Moderator: John Charles Daly Host: Peter Hackes In 1978, transcripts were available by mail for a small fee. Today, they're available to you for free at this link: https://goo.gl/4iydGi Subscribe to AEI's YouTube Channel https://www.youtube.com/user/AEIVideo... Like us on Facebook / aeionline Follow us on Twitter / aei For more information http://www.aei.org Third-party photos, graphics, and video clips in this video may have been cropped or reframed. Music in this video may have been recut from its original arrangement and timing. In the event this video uses Creative Commons assets: If not noted in the description, titles for Creative Commons assets used in this video can be found at the link provided after each asset. The use of third-party photos, graphics, video clips, and/or music in this video does not constitute an endorsement from the artists and producers licensing those materials. AEI operates independently of any political party and does not take institutional positions on any issues. AEI scholars, fellows, and their guests frequently take positions on policy and other issues. When they do, they speak for themselves and not for AEI or its trustees or other scholars or employees. More information on AEI research integrity can be found here: http://www.aei.org/about/ #aei #news #politics #government #education #tax #taxes #economy #economics #money