Showdown at Gucci Gulch: Lawmakers, Lobbyists, and the Unlikely Triumph of Tax ReformBirnbaum and Murray describe the passage of the 1986 tax reform act as the product of personal victories by Washington officials over the usually triumphant lobbyists of "Gucci Gulch'' the hallways outside the congressional meeting rooms where expensive suits and shoes prevail. The authors, Washington correspondents for the Wall Street Journal, explain how liberals' and supply-siders' discontents combined to produce the key concepts. They skillfully portray the five main actors bill Bradley, James Packwood, Dan Rostenkowski, James Baker, and Baker's deputy Richard Darman who succeeded against massive opposition with surprisingly little public support.Mark K. Jones, Cincinnati, Ohio Copyright 1987 Cahners Business Information. |
Contents
Showdown | 3 |
The Beginnings | 23 |
The Horse You Rode in On | 42 |
Copyright | |
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administration aides amendment American asked Baker and Darman began benefits Bob Packwood Bradley Brockway CALIFORNIA/SANTA CRUZ called campaign capital-gains Capitol chairman coalition conference Congress congressional corporate taxes CRUZ The University Dan Rostenkowski debate deduction Democrats Diefenderfer Dole effort eliminate favored Finance Committee floor Gephardt going income tax industry investment issue Jack Kemp Kemp knew lawmakers legislation lobbyists loopholes major markup McLure Means Committee meeting Mondale Packwood Pearlman percent political President Reagan president's problem proposal provision raised repeal Representative Republican Richard Darman Ronald Reagan Rostenkowski Senate special interests staff supply-side tax bill tax breaks tax code tax cuts tax overhaul tax plan tax rates tax reform tax shelters tax system tax-free tax-reform bill tax-writing taxpayers thought Tip O'Neill told top rate transition rules Treasury officials Treasury Secretary UNIVERSITY OF CALIFORNIA/SANTA vote wanted Washington White House write-offs