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	Jack Kemp - Wikipedia, the free encyclopedia
		Kemp was born, raised and educated in Los Angeles, California.
		Jack Kemp began his professional football career in 1957 when he was selected by the Detroit Lions in the 17th round of the NFL Draft.
		Kemp represented the Buffalo, New York region in the United States House of Representatives from 1971 to 1989.
	en.wikipedia.org /wiki/Jack_Kemp (449 words)

	Kemp-Roth Tax Cut - Wikipedia, the free encyclopedia
		Critics blame the tax cuts for the deficits in the budget of the United States government in the 1980s and early 1990s.
		Supporters of the tax cuts also argue, using the Laffer curve, that the tax cuts increased government revenue.
		Controversy still remains as to whether the tax cuts of 1981 increased revenues.
	en.wikipedia.org /wiki/Kemp-Roth_Tax_Cut (205 words)

	Encyclopedia: Kemp-Roth Tax Cut (Site not responding. Last check: 2007-10-13)
		A tax cut is a reduction in the rate of tax charged by a government, for example on personal or corporate income.
		The United States Revenue Act of 1924 cut federal tax rates and established the U.S. Board of Tax Appeals, which was later renamed the Tax Court of the United States in 1942.
		The Tax Reform Act of 1976 was passed by the United States Congress in September of 1976, and signed into law by President Gerald Ford on October 4, 1976, becoming public law 94-455.
	www.nationmaster.com /encyclopedia/Kemp_Roth-Tax-Cut (1896 words)

	William V. Roth, Jr. - Wikipedia, the free encyclopedia
		Born in Great Falls, Montana, Roth attended public schools in Helena and graduated from the University of Oregon in 1943 and Harvard Business School in 1947.
		Roth is best remembered as a strong advocate of tax cuts, and he co-authored the Kemp-Roth Tax Cut in 1981 with Jack Kemp.
		Roth was also the legislative sponsor of the individual retirement account plan that bears his name, the Roth IRA, and was known as a fiscal conservative.
	en.wikipedia.org /wiki/William_Roth (267 words)

	Kemp-Roth Tax Cut (Site not responding. Last check: 2007-10-13)
		The Kemp-Roth Tax Cut (officially the Economic Recovery Tax Act, or ERTA) of 1981 reduced marginal income tax rates by 25% over three years and indexed them for inflation.
		These cuts are widely blamed for the deficits in the budget of the United States government in the 1980s and early 1990s, although deficits had been around since 1969.
		The theory underlying the tax cut, the Laffer Curve suggested that there was a revenue maximizing tax rate, tax too much, and output (and tax revenue) decrease, tax too little and though output increases, tax revenue still falls.
	www.webstercc.com /encyclopedia/en/wikipedia/k/ke/kemp_roth_tax_cut.html (150 words)

	Bruce Bartlett on Kemp-Roth Anniversary on NRO Financial
		According to the Treasury Department, the average federal income-tax rate on a family with the median income rose from 7.09% in 1965, after the Kennedy tax cut was fully-phased-in, to 10.42% in 1977, when the Kemp-Roth bill was introduced.
		Kemp and Roth thought that this sharp rise in tax rates was largely responsible for the stagnation of the American economy in the 1970s.
		Kaza: The Cruelest Tax in Clinton’s Arkansas 10/18 8:27 a.m.
	www.nationalreview.com /nrof_bartlett/bartlett071502.asp (885 words)

	Newhouse B1
		Tax Cut, both nationally and here in a state where business interests are dominant and tax cuts are the coin of the realm.
		Nevertheless, Roth, 79 and seeking his sixth six-year term, is running no better than neck and neck in the stretch with the state's two-term Democratic governor, Tom Carper, 53, a formidable candidate with a winning streak of 10 elections for state treasurer, congressman and governor.
		In a sense, Roth is a one-man metaphor for the overall condition of the GOP in its struggle to preserve its four-seat majority in the Senate.
	www.newhousenews.com /archive/story1b102500.html (1350 words)

	SSU Lesson 17: The Politics of Surplus
		Kemp would use another $200 billion of that to restore the tax rates that obtained in the last year of the Reagan administration, before Presidents Bush and Clinton passed their totally unnecessary tax increases, which only slowed the process by which we now arrive at these huge surpluses.
		Kemp -- with the assistance of the most experienced Reaganauts in the budget field -- is firing a broadside at the budget balancers in the GOP who are trying to avoid tax cutting in order to pay down the national debt.
		Kemp goes to the trouble of disclosing the giant surpluses that are emerging as the result of the Reaganaut tax cuts, the 1997 tax cuts, and the Greenspan Fed, and his fellow Republicans are silent, lest anyone pay attention to him.
	www.polyconomics.com /searchbase/sp98l17.html (2730 words)

	Townhall.com :: Columns :: Selling tax-cuts by Bruce Bartlett (Site not responding. Last check: 2007-10-13)
		In fact, he would never even allow me to say the words "tax cut." He always insisted that we were not offering a "tax cut," but a "permanent tax rate reduction." The difference may sound like a matter of semantics, but in fact it conveys a profound difference in terms of economics.
		If we had a tax system in which there were a single tax rate and no exemptions, exclusions, deductions or credits, then the average tax rate and the marginal rate would be the same.
		And because the highest tax rates apply to those who least need to work, save or invest to maintain their lifestyles -- i.e., the rich -- they are especially sensitive to even small changes in tax rates and the after-tax rate of return.
	www.townhall.com /columnists/brucebartlett/bb20010214.shtml (1228 words)

	Jack Kemp - Wikipedia, the free encyclopedia (Site not responding. Last check: 2007-10-13)
		Jack French Kemp (born July 13, 1935) is an American politician and former professional American football player.
		Kemp did, however, decline to run in 2000, endorsing Governor of Texas George W. Bush instead.
		Kemp has been floated as a potential Republican nominee for President of the United States in 2008.
	www.bucyrus.us /project/wikipedia/index.php/Jack_Kemp (495 words)

	Encyclopedia: Tax Reform Act of 1986 (Site not responding. Last check: 2007-10-13)
		While often referred to as the second of the two "Reagan tax cuts" (the Kemp-Roth Tax Cut of 1981 being the first), the official sponsors of the bill were actually two liberal Democrats, Richard Gephardt of Missouri in the House of Representatives and Bill Bradley of New Jersey in the Senate.
		The Tax Reform Act of 1986 also increased incentives favoring investment in owner-occupied housing relative to rental housing by increasing the Home Mortgage Interest Deduction.
		The Low-Income Housing Tax Credit was hastily added to TRA86 to provide some balance and encourage investment in multifamily housing for the poor.
	www.nationmaster.com /encyclopedia/Tax-Reform-Act-of-1986 (339 words)

	National Review Online's Washington Bulletin
		Another common argument is that the tax cuts would "overheat" the economy, forcing the Fed to raise interest rates to cool it down.
		Tax cuts don't raise interest rates; they bring interest rates down, because lower taxes mean that a lower interest rate will yield the same after-tax return on savings.
		Tax cuts raise the temperature, interest-rate hikes lower it, and the thermometer's left in the same place-but taxpayers have gotten back some money the government was holding.
	www.nationalreview.com /daily/nr073099.html (602 words)

	MacroWeb - A Project from Dave Tufte's Macroeconomics for Business Decisions Class (Site not responding. Last check: 2007-10-13)
		Tax cuts were backed by a new breed of economic thought that became prevalent at the time called supply-side economics, which reasoned that high tax rates were stifling the economy by decreasing incentives for people to earn, invest, and save more.
		The tax bill involved cutting the maximum marginal income tax rate from 70% to 50% effective January 1, 1982.
		The Reagan Kemp-Roth tax rate cut along with contractionary monetary policy utilized to combat inflation sparked a boom in the economy that lasted throughout the rest of the decade.
	www.suu.edu /faculty/tufte/MacroWeb/Reagan_Kemp_Roth_Tax_Cuts.html (314 words)

	Former Senator Bill Roth Dies (Site not responding. Last check: 2007-10-13)
		Roth, a Republican who lost the U.S. Senate seat he held for five terms to former Delaware Governor Thomas R. Carper, a Democrat, in 2000, was 82 years old.
		Born on July 22, 1921, Roth rose to prominence in the U.S. Senate and eventually served as chairman of the Senate Finance Committee.
		He co-authored the Kemp-Roth tax cut of 1981 and introduced a retirement savings plan that bears his name: The Roth IRA tax-free savings account.
	www.sussexcountyonline.com /artman/publish/state/printer_271.shtml (258 words)

	Tax Reform Act of 1986
		The Congress of the USA passed the Tax Reform Act (TRA) of 1986 to reduce tax rates, broaden the tax base and eliminate many tax shelters and other preferences.
		The top tax rate was lowered to 28%.
		As a result, capital gains[?] faced the same tax rate as ordinary income.
	www.ebroadcast.com.au /lookup/encyclopedia/ta/Tax_Reform_Act.html (103 words)

	Confessions Of A Supply-Side Deficit Hawk - W. James Antle III
		By raising taxes to balance the budget without regard for the counterproductive impact on economic growth, Republican deficit hawks are actually emulating the fiscal policies of such liberal Democrats as Michael Dukakis, Mario Cuomo, Jim Florio and Gray Davis.
		Jack Kemp used to decry aggressive attempts to cut spending as "root canal politics." Lawrence Kudlow has suggested that efforts to shrink government would be politically detrimental to cutting taxes.
		While deficits are often preferable to tax increases and their impact on interest rates in the context of the entire economy and world borrowing can be overstated, they are not a positive good.
	www.americandaily.com /article/1528 (1175 words)

	Bill Roth takes on the I.R.S. (Site not responding. Last check: 2007-10-13)
		Roth said he wrote the book in part because of a desire to get across the message that I.R.S. abuse targets "the little guy." Rich folk and the corporations have their high-ticket tax lawyers.
		Roth said he is pleased with the early record of I.R.S. Commissioner Charles Rossotti, who pledged reform when he was appointed after the abuses hearings.
		Barring a significant change in tax philosophy – reverting to a national sales tax, for instance – Roth said that he agrees with the idea of using the tax law to encourage worthwhile practices.
	www.delaforum.com /2000/abouttown/articles/roth.htm (604 words)

	National Retail Sales Tax Alliance - Bruce Bartlett Commentary
		Kemp first began talking about marginal tax rates, almost all economic analysis of taxes dealt only with average or effective tax rates.
		And because the highest tax rates apply to those who least need to work, save or invest to maintain their lifestyles — i.e., the rich — they are especially sensitive to even small changes in tax rates and the after-tax rate of return.
		Bush would be wise to use the same sales strategy, starting with abolition of the words "tax cut" from his vocabulary, replaced with "permanent tax rate reduction," as Mr.
	www.salestax.org /library/bartlett_2-14-01.html (1196 words)

	Kemp, Jack French on Encyclopedia.com (Site not responding. Last check: 2007-10-13)
		Kemp was elected a U.S. representative from New York in 1970, serving in the House until 1989.
		He also cowrote the 1981 Kemp-Roth tax cut bill and ran unsuccessfully for the 1988 Republican presidential nomination.
		From 1989 to 1993 Kemp was secretary of housing and urban development under President George H. Bush.
	www.encyclopedia.com /html/K/KempJ1ackF1.asp (256 words)

	2003 Tax Cut (Site not responding. Last check: 2007-10-13)
		Supply-siders argue that tax cuts for corporations and wealthy individuals provide them an incentive for investments which stimulate so much economic activity that even at the lower rate more net tax revenue will be collected.
		Some economists argue that even in the short term cutting some taxes, for example capital gains tax, may raise government income immediately due to long-postponed sales of securities being made at the lower rate.
		The longer term macroeconomic effects of a tax cut are not predictable in general, since they will depend on what the taxpayers whose rate has been cut do with their additional income, and how the government adjusts to its reduced income.
	www.wwwtln.com /finance/0/2003-tax-cut.html (934 words)

	Tax Reform Act of 1986 (Site not responding. Last check: 2007-10-13)
		The Congress of the USA passed the Tax Reform Act (TRA) of 1986 to reduce tax rates broaden the tax base and many tax shelters and other preferences.
		Moreover interest on consumer loans and and local sales taxes was no longer The law increased the personal exemption and deduction.
		Low-Income Housing Tax Credit was hastily added to TRA86 to some balance and encourage investment in multifamily for the poor.
	www.freeglossary.com /Tax_Reform_Act (281 words)

	William Roth (Site not responding. Last check: 2007-10-13)
		A member of the Republican Party, he served in the House from 1967 to 1970 and in the Senate from 1971 to2001.
		Born in Great Falls, Montana, Roth attended public schools in Helena andgraduated from the University of Oregon in 1943 and Harvard Business School in 1947.
		Roth moved toDelaware in 1954 and made it his adopted state.
	www.therfcc.org /william-roth-50229.html (164 words)

	Congressman's Report, Vol. XIX, No. 2: June, 1981 -- Staring Down Reality (Site not responding. Last check: 2007-10-13)
		And prominent economists identified with both major political parties have written lengthy and scholarly pieces for newspapers and magazines and their message has been the same: this is not the time for an across-the-board tax cut.
		If we are to cut taxes, let's cut in favor of equity: reduce the "marriage penalty," cut the rate on investment income, reduce estate and gift taxes and increase tax incentives for retirement savings.
		Cuts in some federal programs could worsen the situation, and shifting a tax burden from one level of government to another is not cutting spending.
	dizzy.library.arizona.edu /branches/spc/udall/congrept/97th/8106.html (1938 words)

	Kemp Roth Bill (Site not responding. Last check: 2007-10-13)
		As workers got cost-of-living raises, they got pushed up into higher and higher tax brackets as if their real income had increased.
		Kemp and Roth responded that inflation resulted from the Federal Reserve creating too much money, not deficits, and that a tight monetary policy, which they supported, would reduce inflation regardless of how large the deficit was.
		CBO Director Alice Rivlin said that output would fall if tax rates were cut, because workers could work less and still get the same after-tax income.
	members.shaw.ca /supplysider/kemprothbill.htm (776 words)

	Former U.S. Sen. William Roth Dies (Site not responding. Last check: 2007-10-13)
		Roth collapsed late Saturday at his daughter's house in Washington, said U.S. Sen. Joseph Biden, who said he was notified shortly after midnight Sunday by Roth's longtime secretary.
		Roth was a relentless champion of tax cuts during his time in Washington and also oversaw high-profile inquiries into both alleged taxpayer abuses by the Internal Revenue Service (news - web sites) and Pentagon (news - web sites) overspending that uncovered the famous $9,600 wrench and $640 toilet seat.
		Roth was a native of Montana and became a political icon in his adopted state of Delaware, where he moved in 1954.
	www.freerepublic.com /focus/fr/1040170/posts (2713 words)

	NCPA - Opinion Editorial - Kemp-Roth Changed American Economic Policy
		On that day in 1977--25 years ago-- then-Congressman Jack Kemp, Republican of New York, and then- Senator William Roth, Republican of Delaware, introduced what came to be called the Kemp-Roth tax bill.
		Over the same period, the marginal tax rate--the tax on each additional dollar earned--went up from 17 percent to 22 percent.
		And as he, Kemp and Roth knew would happen, the economy not only recovered, but inflation collapsed to about 4 percent throughout the 1980s.
	www.ncpa.org /edo/bb/2002/bb071502.html (862 words)

	Insight on the News: Is Jack Kemp a team player? - Republican vice-presidential candidate - Cover Story (Site not responding. Last check: 2007-10-13)
		Since the late 1970s, when Kemp was half of the Kemp-Roth tax-cut plan, he has been coach, quarterback and cheerleader for the tax-cut wing of the GOP.
		During the two weeks before the selection, the old Kemp associates within the Dole campaign strongly supported their old chief, though many GOP professionals associated with the campaign remained highly dubious.
		Kemp's strongly held opinions and passionate advocacy led columnist David Broder to approvingly describe him as the GOP Hubert Humphrey -- but this goes down poorly with critics such as the caustic Rockwell.
	www.findarticles.com /p/articles/mi_m1571/is_n33_v12/ai_18625315/pg_2 (514 words)

	Townhall.com :: Columns :: Kennedy's tax cuts by Bruce Bartlett (Site not responding. Last check: 2007-10-13)
		I know because I was on Kemp's staff and had the job of drafting the Kemp-Roth Bill, which later formed the basis of Ronald Reagan's 1981 tax cut.
		Among those advising Kemp in this regard was Norman Ture, one of the fathers of supply-side economics and a key player in the development of the Kennedy tax cut.
		Ture's role in the Kennedy tax cut is detailed a recent book, "Taxing America: Wilbur D. Mills, Congress and the State, 1945-1975" by historian Julian Zelizer.
	www.townhall.com /columnists/brucebartlett/bb20040127.shtml (939 words)

	Townhall.com :: Columns :: 25 years after Kemp-Roth by Bruce Bartlett (Site not responding. Last check: 2007-10-13)
		This Sunday is an important anniversary in the history of tax policy.
		According to the Treasury Department, the average federal income tax rate on a family with the median income rose from 7.09 percent in 1965, after the Kennedy tax cut was fully phased-in, to 10.42 percent in 1977, when the Kemp-Roth bill was introduced.
		Over the same period, the marginal tax rate -- the tax on each additional dollar earned -- went up from 17 percent to 22 percent.
	www.townhall.com /columnists/brucebartlett/bb20020711.shtml (961 words)

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