BUSINESSWEEK ONLINE : JUNE 12, 2000 ISSUE
GOVERNMENT What Rangel Wants If Rangel becomes chairman of the House Ways & Means Committee, he is likely to focus on: PAYROLL TAXES He sees them as a burden on workers and small biz, so expect him to try paring them back. ECONOMIC DEVELOPMENT He has backed tax breaks for economic development in poor areas his entire career. Look for more. HEALTH CARE He'll push a Medicare drug benefit and expanded health care for kids. TAX SHELTERS He'll try to bar individuals from ducking taxes by becoming residents of foreign countries. TAX SIMPLIFICATION Rangel is no flat-taxer, but he would move to simplify the code. DATA: Business Week _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _					RELATED ITEMS Should Business Fear Charlie Rangel? TABLE: What Rangel Wants INTERACT E-Mail to Business Week Online

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