Word: reformations
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Dates: during 1960-1969
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...point in his budgetary address the President did mention that tax reform would help the economy toward its goal of "full employment" (a level which he, like Eisenhower, before him, defined as a 4 percent unemployment rate). The Administration has thus taken a third-hand role in trying to reach a fairly conservative employment level...
Tougher on Taxes. There is also evidence of a new spirit of fiscal responsibility by individual governments. Chile, for the first time in its history, is prosecuting a tax evasion case and has a tax reform bill pending in its Congress. Democratic and long-stable Uruguay instituted a personal income tax. increased its corporate tax two years ago. saw its revenues jump 22% last year. Argentina has added 200,000 residents to its tax rolls. Brazil's leftist President Joao Goulart not only is prodding his tax collectors, too, but is trying seriously to cut his federal budget...
...Land reform is making progress, however slowly. Some 55,000 families have been given 3,900,000 acres in Venezuela. In Chile, where about 70% of all productive land is held by 5% of the landowners, an agrarian reform law has been enacted, is gradually being enforced. Bolivia has distributed some 6,500.000 acres to 58,000 families. Even Paraguay's Dictator General Alfredo Stroessner has granted land titles to more than 10,000 squatters...
...America has been halted by both U.S. and Latin American governments' excessive bureaucracy, by anti-U.S. suspicion aroused by the U.S. use of government-to-government grants as a "political weapon," and by too little money spread too thinly. Above all, he complains about the lack of reform, and for that he blames the wealthy classes...
...rich in Latin America." said the archbishop, "talk much about basic reforms but call Communists those who decide to carry them out. They continue to hold 80% of the land; in many cases, they control Congress and have their degree of idealism and faith in the future measured by their deposits in U.S. and European banks." Until there is drastic reform, he concluded, pouring money into Latin America "is the same as throwing it in the ocean...