Word: cent
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
Richard Manley, president of Massachusetts Taxpayers Foundation, a business lobbying group, said the measure--which would limit property taxes to 2 1/2 per cent of assessed property values--is "poor tax policy...
Although he predicted the proposition would pass with a 60-per-cent majority, Manley outlined its faults, saying it would reduce tax revenues, bankrupt several cities, force cities to lay off hundreds of municipal employees, and discourage municipal bond investment...
Nevertheless, both Manley and Kuttner agreed that the state needs tax reform. Massachusetts property taxes, twice as large as the national average, take up "as much as 10 to 13 per cent of (a taxpayer's) gross income," Manley said...
Kuttner criticized the present system, in which 70 per cent of the Commonwealth's revenues come from property taxes, as highly regressive. To generate enough revenue, poorer communities have to set higher tax rates because property taxes are lower, Kuttner said. The current tax system "punishes poor people for being poor," he added...
...conversation, make them admit that the liberties of the individual are paramount ("Ah, so you're saying the liberties of the individual are paramount?" "Exactly!"). Then ask them how they could possibly consider voting in a presidential election. I mean, after all, is the tyranny of 50 per cent plus one any better than the tyranny of one? How can a group of people impose their will on any individual? Don't you think it's incredibly hypocritical of you to vote and give your support to a system that imposes its authority on individuals? Libertarians would rather be stolen...