Word: pers
(lookup in dictionary)
(lookup stats)
Dates: during 1980-1989
Sort By: most recent first
(reverse)
Still, supporters of a gas-tax increase say it has emerged as the best option for cutting the deficit. Each 1 cents per gal. would bring in $1 billion in annual revenue, according to a widely used rule of thumb. Rostenkowski last month suggested a 15 cents-per-gal. increase but would probably settle for less. To ease the burden on low-income motorists, Rostenkowski would provide them with income tax credits. Says Rostenkowski: "I don't think it's as regressive as people make it out to be." Advocates of the tax also point out that by throttling back...
Some economists point out that costlier fuel would slow down the economy and boost inflation somewhat. According to a study by the WEFA Group, a Pennsylvania-based forecasting firm, a 10 cents-per-gal. increase would accelerate inflation by about one-third of 1% and cut GNP by $10 billion, or one-fifth of 1%. The firm estimated that the slowdown in growth would lead to 80,000 layoffs in the first year of the tax increase...
State legislators maintain that federal fuel taxes should be used only to pay for roads and bridges, as they mostly are now, and not to cut the deficit. Besides, with taxes already ranging from Georgia's 7.5 cents per gal. to Wisconsin's 20.9 cents, state leaders are worried that a higher U.S. levy would restrict their ability to increase their own rates. Georgia Governor Joe Frank Harris has proposed a 6 cents raise in his state's 7.5 cents tax, and last week Governor Michael Dukakis asked for a 6 cents increase in Massachusetts' 11 cents levy to help...
...General Motors and 26.6 for Ford. GM Chairman Roger Smith has denounced a higher gas tax as "cruel" and "unfair" and argued that it would dampen auto sales. Ford has straddled the fence. Vice Chairman Harold Poling said his company would support a phased increase of 15 cents per gal. over three years, but only as a last resort for cutting the deficit...
...per employee, handwriting analysts will assess at least 20 different cursive characteristics and advise the prospective employer about the chances of a person's being a future embezzler or goldbrick. Ruth Brayer, president of Graphological Services International of New York, sees signs of dishonesty in illegible handwriting and retraced lines. Brayer, who counts Citibank among her clients, also hears warning bells "when a signature looks different from the rest of a person's handwriting...