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$4,000 to $10,000 income brackets claiming standard deductions would receive tax cuts ranging from $78 to$354.
Tax reductions would be generally lower within this income range for workers who submit theii1 tax returns with itemized deductions.
The Kennedy Administration’s proposal for tax reductions and reforms has been before the House Ways and Means Committee for the past several weeks. For it to become ' law it must still be acted on by the whole House and the Senate, and be signed by the President.
The tax proposal is designed to stimulate economic growth and reduce the nation’s high level of unemployment. In a speech to the 46th Convention of the International Association of Governmental Labor
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