Word: reformations
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Dates: during 1960-1969
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...this rewarding assignment, Associate Editor Gurney Breckenfeld, who wrote this week's Business story, "Why Tax Reform Is So Urgent and So Unlikely," brings more enthusiasm and experience than most. About a decade ago, Breckenfeld's involvement in the murky problems of housing finance, real estate taxes, urban renewal, planning and zoning convinced him that taxes do more than anything else to shape man's environment. "I'm more than upset," he says, "at how badly real estate taxes have been misused over the years. It's like peeling an onion-you take away layer...
...crusade had been integration of schools and public facilities, voting rights and new civil rights laws. Yet the brutal circumstances of life remained. Frustration grew. King's following soured. He was hooted in Watts when he preached nonviolence a day after the riots in 1965. His open-occupancy reform campaign in Chicago failed. The Memphis garbage strike seemed his last hope to redeem his philosophy...
...Menninger and others propose, not to testify but to advise the court on how to control dangerous offenders and how to treat and rehabilitate the rest. This solution would end courtroom squabbles over the question of responsibility, but could raise a host of new problems and require a drastic reform in present legal processes. It might, for instance, lead to further disputes about whether to send a man to a prison or to a mental hospital for rehabilitation. Ultimately it might require doing away with the distinction between prisons and asylums altogether. It might also tuck away in an administrative...
Clearly, the system cries out for reform. It not only distributes the load unfairly, but also has unintended economic and social side effects, ranging from the ridiculous to the calamitous. Ever since federal income tax rates soared during World War II, the opportunity to grow wealthy through hard work has been largely denied to salaried people. Instead, the road to riches twists through the thickets of tax avoidance. As a result, an inordinate number of man hours are spent in figuring out ways to outwit the collector. Because of its sheer intricacy, the tax code is one law that many...
Given the ignorance and inertia of many state and local legislative bodies, the un happy fact is that few cities are likely to copy the Southfield formula. Chances for significant tax reform in Congress look only slightly better...