Word: keverian
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...move was a tacit admission he did not have the votes for the original, retroactive capital gains tax increase, and the defeat indicated Keverian was in trouble with other key provisions...
...Massachusetts House handed Speaker George Keverian '53 a personal defeat yesterday and struck a potentially fatal blow to a deficit-reducing tax package by voting against a 50 percent increase in the capital gains...
...Keverian (D-Everett) had taken to the floor and promised to back amendments to make the capital gains increase effective Jan. 1, 1990, instead of retroactive from Jan. l, 1989. He also promised to support an investment tax credit and a capital gains exemption for owner-occupied single-and multi-family homes, up to four families...
...Keverian's promise to support the elimination of retroactivity came a day after he told reporters the move would be "silly" because it would cost the state $100 million in new revenue for this deficit-ridden fiscal year...
Earlier this week, Rep. Robert A. Cerasoli (D-Quincy) left his position as chair of the Post Audit and Oversight Committee, saying that Keverian wanted his resignation if he would not support the bill...