Word: gann
(lookup in dictionary)
(lookup stats)
Dates: during 1970-1979
Sort By: most recent first
(reverse)
...Friedman, now teaching at Stanford, made TV commercials free of charge to back 13. Claims Friedman: "If we continue the growth of government and its involvement in our lives, it will destroy us." Former Governor Ronald Reagan has rallied behind Jarvis. All but invisible in the campaign is Paul Gann, 65, a retired real estate salesman who heads a Sacramento-area anti-tax lobby, People's Advocate, and shares billing on the ballot (Proposition 13 is also known as the "Jarvis-Gann initiative...
...most dramatic protest is in California, where 1.5 million people have signed petitions and forced a statewide vote to be held June 6 on Proposition 13, the so-called Jarvis-Gann initiative. If approved, Jarvis-Gann would force all property to be reassessed at the market value that prevailed in 1975-76 and prevent local authorities from increasing the assessments in the future by more than 2% a year, at least until the property is sold. After that, the rate would be based on what the new owner paid. The amendment would produce an immediate cut of as much...
...battle in California over the Jarvis-Gann initiative to reduce property taxes has reached an almost religious intensity. Reports TIME Correspondent Joseph Kane: "Reason and logic seem to have been put to flight, and taxpayers want revenge. The real propulsion behind the amendment is the need for people to send a message to government that enough is enough...
Critics of the initiative, who include most leaders of state politics, business, labor and California's 1.5 million-member state and local bureaucracy, contend that it would lead to mass layoffs of teachers, police and firemen. Backers of Jarvis-Gann say that the warnings are preposterous and that the state is already running a $3.5 billion surplus that would soften the actual cutbacks to little more than moderate retrenchments...
Polls show the outcome uncertain, with nearly half the electorate still undecided. In a desperate effort to defeat Jarvis-Gann and appease homeowners, Governor Jerry Brown is backing a more modest Behr amendment. It uses a complex valuation formula to prevent local governments from increasing property taxes for homeowners by much more than the inflation rate. That is part way to a good idea. The solution is not holding down any one tax, but holding them all down, and the best way to achieve that is to curb spending by government itself...