Date: September 26, 1972

Time: 10:11 am – 10:53 am

Location: Oval Office

The President met with John D. Ehrlichman and Stephen B Bull.

The President’s forthcoming meeting with Robert E. Merriam

7

NIXON PRESIDENTIAL MATERIALS STAFF

Tape Subject Log

(rev. Nov-03)

-Tax credits to elderly

Bull left at unknown time before 10:15 am.

-Report

-Timing

-Property taxes

-Relationship between Federal, state, local taxation

-Realignment

-Timing

-1972 election

-Property taxes

-Advisory Commission on Intergovernmental Relations [ACIR]

-1972 election

Defense cuts

-Caspar W. (“Cap”) Weinberger

-George P. Shultz

-Public relations

-Weinberger

-Melvin R. Laird

-George S. McGovern

-Shultz’s appearance before the House of Representatives Ways and Means

Committee

-Weinberger’s subsequent appearance

Merriam and Lewis A. Engman entered at 10:15 am; the White House photographer was present

at the beginning of the meeting.

Greetings

ACIR Study

-School financing

-Property tax

-Staff numbers

– ACIR

-Financing

-Congressional appropriations

-States

-Staff

-Role

-Communications

-Financing

8

NIXON PRESIDENTIAL MATERIALS STAFF

Tape Subject Log

(rev. Nov-03)

-Domestic Council

-Department of Housing and Urban Development [HUD]

-Department of Health, Education, and Welfare [HEW]

-Department of Transportation special studies

-Cities

-Foundations

-Organization

-Three phases

-School financing

-Court decisions

-Property taxes

-Value added tax [VAT]

-Discussion

-Timing

-December 1972

-National fiscal policy

-Federal taxes

-Chart

-State and local taxes

-Impact

-1972 tax burden on family of four

-Compared to 1953 tax burden

-Chart

-Taxes

-As percentage of income

-Federal tax

-Social Security

-Property taxes

-State and local tax

-Income tax reform

-Need for balance

-Congressional focus

-Implementation

-Commission responsibility

-Quantity of work

-Election period activities of members

-Richard B. Ogilvie

-Specific areas

-School financing

-Courts

-State responsibility

-Property taxes

-Recommendations

9

NIXON PRESIDENTIAL MATERIALS STAFF

Tape Subject Log

(rev. Nov-03)

-Modest federal aid

-Neil H. McElroy Commission

-Self destruct mechanism

-Revenue sharing

-Welfare

-Welfare

-Federal funding

-ACIR perspective

-Staff

-Governors, mayors

-Benefit payments

-Property taxes

-Preliminary study

-Popularity

-Public opinion poll

-Gerald R. Ford

-John J. Rhodes Platform Committee

-Canvas of selected Republicans

-Roger Freeman’s view

-Milton Friedman’s view

-Fairness

-Visibility

-Number that pay

-Two installments

-Compared to mortgage payments

-Sales tax

-Compared to income tax

-Reform

-Variation of use

-Chart

-Northeast, Midwest, West

-South, Southwest

-State constitutions

-Classification of property

-Residential exemption

-Constitutional Amendment

-16 to 24 states

-Rate requirements

-Local governments

-Congressional workload

-Deductions

-Tax payment

-Loophole

10

NIXON PRESIDENTIAL MATERIALS STAFF

Tape Subject Log

(rev. Nov-03)

-[George S. McGovern]

-Itemization

-Use by upper income people

-Compared to lower and middle income people

-Standard deduction

-Tax credits

-Private schools

-Dwight D. Eisenhower administration

-Arthur S. Fleming

-Treasury department concern

-State and local taxes

-Cost in federal money

-Elderly

-Chart

-Numbers of home owners with low income

-Payments

-As percentage of income

-Welfare

-McGovern’s plan

-Income tax

-Northeast

-Vermont, Maine, Massachusetts

-Social Security

-Number

-Compared to Florida and California

-Recommendations

-Chart

-Circuit breaker legislation

-Minnesota, Illinois

-State payments

-Minnesota example

-Rate of payment

-Federal circuit breaker legislation

-State payments

-Federal matching fund

-Proportion

-Cost

-Tax credits

-Individual payment

-Affidavit filing

-Welfare

-Receipt

-Options

11

NIXON PRESIDENTIAL MATERIALS STAFF

Tape Subject Log

(rev. Nov-03)

-Welfare

-Tax credits

-Income taxes

-Standard decuctions

-Cash rebates

-Short form

-Withholding refund

-Social Security receipts

-Tax credits

-Compared to circuit breaker plan

-Circuit breaker plan

-Checks to individual from states

-Compared to tax credits

-Merriam’s view

-Adoption by states

-ACIR view

-Bills in Congress

-Paul Findley

-Direct federal payment to individuals

-Joint federal and state participation

-ACIR support

-National scandal

-Medicare

-South

-Northeast

-Vermont, Maine

-Welfare

-Food stamps

-Thelma C. (“Pat”) Nixon’s involvement

-Effect of program

-Charity

-“Project fund”

-VAT

-Speculation

-Administration strategy

-ACIR recommendations

-Post-1972 election

-Sales tax

-Options kept for use

-Regressivity

-Administration

-Form

-Brown [First name unknown] of New Jersey

12

NIXON PRESIDENTIAL MATERIALS STAFF

Tape Subject Log

(rev. Nov-03)

-Special interests

-Railroads

-Banks

-Utilities

-Small farmers

-Rates

-Europeans

-Diversity

-Recommendations

-Tone

-Political issue

-Budget

-ACIR staff poll

-Treasury Department

-Parallel study

-Response

-Elderly

-Circuit breaker legislation

-Confidentiality of study

-ACIR schedule

-December 1972

-Study

-Shultz

-Cooperation

-Engman

Presentation of Presidential gifts

-Cuff links

-Pin

Ehrlichman, Merriam and Engman left at 10:53 am.