PACKWOOD RULES OUT A TAX RISE
Zaking issue with Representative Dan Rostenkowski, Senator Bob Packwood said today that following enactment of a new income tax system this year, tax rates would not be raised ''in the foreseeable future.'' ''As far as I'm concerned, we ought to leave this code as it is, including the rates, for a long enough period of time so that everyone can get used to it, invest under it and see how it works out,'' Senator Packwood, chairman of the Finance Committee, told a group of business executives. Last week Mr. Rostenkowski, chairman of the House Ways and Means Committee, said that a tax increase in the near future was inevitable to reduce the Federal budget deficit. The Illinois Democrat said the fairest way to increase revenues would be to raise tax rates above the new levels set by Congressional conferees in the tax revision measure they approved last month.