THE GOP'S TAX SCAM.

Argues against the plan of Republicans to cut the capital gains tax in 1994. Analysis of the effect of the tax code on economic decisions based on the position of free market advocates; Reason for the need for the administration of U.S. President Bill Clinton to encourage capital gains tax; Ways in which capital gains are favored; Implications of the adjustment of capital gains for inflation; Analysis of the consequences of lowered capital gains rate.