Word: furcolos
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Massachusetts. Democrat Foster Furcolo shocked his tradition-bound state by banning the usual inauguration ball, holding not one but three swearing-in ceremonies, in which he eschewed customary platitudes and struck at Massachusetts' cash situation (needed to meet current costs: $25 million in new revenue). Further cause for alarm among the old regulars: plenty of Furcolo affability, no Furcolo promises...
Soloway said later that he considered Furcolo's proposed state revenue of $130 million a "ballooned budget, of a magnitude greater than is prudent or necessary at this time...
Arnold M. Soloway, assistant professor of Economics, registered vigorous opposition yesterday to Governor Fostor Furcolo's recent proposal for a state sales tax of three per cent...
...other University economists disagreed with Soloway on the governor's plan. Seymour E. Harris '20, professor of Economics, said that such a move has been almost forced on Furcolo by the urgent need for increased state revenue...
...budget message on Wednesday, Furcolo estimated that the proposed tax would enable him to allot $75 million to the cities and towns of the state to be used in reducing local tax rates, especially the property...