Word: reformations
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Dates: during 1960-1969
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...timing, President Kennedy recommended that the reduction be stretched out over three years. He asked the Congress to begin applying the cuts this year. But he did not repeat his earlier contention that a tax reduction should be retroactive to Jan. 1, 1963. Recognizing the legislative tempest that tax reform inevitably raises, he suggested that reforms need not go into effect until next year...
...often referred to as one of the leaders of the liberal group during the Ecumenical Council in matters of Church reform. His views on Christian unity were generally regarded as highly liberal before the Council was convoked, but won popularity in moderate circles in the course of Council discussions...
With or without the personal exemption, a no-deduction, no-discrimination, low-rate, mild-progression tax structure could be only a gem of simplicity and justice compared to the present structure. Such a sweeping reform would bring a great release of energies. All of the effort and imagination now devoted to tax avoidance could be devoted instead to more economically constructive purposes. The misallocated resources now deflected by tax considerations could flow into more productive channels. The advantages now accruing to the ingenious tax avoider and the outright cheat would largely disappear. The corrosive fog of sordidness and pettiness that...
...Society of Law. Thoroughgoing tax reform requires two interlocking transformations in the minds of men. The great mass of citizens with low and moderate incomes, and the politicians and labor leaders who speak for them, must be willing to get rid of punitive rates. As sources of revenue, they are virtually hollow. In the present structure, all of the rates above 50% produce $900 million a year in revenue, less than 2% of the Treasury's total personal-income-tax take. The rates above 65% account for only about $250 million a year. The confiscatory rates are relics of past...
BETTER TEACHING: $3,500,000 to reform teaching in all the public schools of Oregon; similar grants went to the schools of Newton, Mass., and Norwalk, Conn...