But the bank planned to lower the rate to 6.80 percent as of tomorrow.

Corporate and personal taxes are to be lowered over three years to 20 percent.

The administration wants to lower the allowable tax rate to 3 percent.

That will effectively lower the raise this year to 4 percent.

The new Bush administration policy will lower the ceiling to 100 percent.

For 1988, the top tax rate has been lowered to 33 percent.

Mr. Bush would lower the rate to around 20 percent in most cases.

The ownership level might be lowered to between 5 and 10 percent, he said.

Then in 1982, they were lowered again, to 3 percent.

This would lower taxes to 6.75 percent for all taxpayers by 1989.