On September 26, 1985 tax reform proposals for use in mark up in the Committee on Ways and Means were announced. The Administration has also proposed some changes in its May 28, 1985 tax reform, including the elimination of indexing of inventories. This report updates effective tax rates in "Effects of Business Tax Provisions in the Administration's Tax Proposal," Congressional Research Service Report No. 85-783 E, June 6, 1985 to incorporate these proposals.
Jane G. Gravelle, Specialist in Industry Analysis and Finance, Economics Division
CRS 85-1006E
"October 17, 1985."
SuDoc # 14. 18/3
