Word: reformations
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...movie that turns out to be a box-office flop, the polite euphemism is: "The film didn't find an audience". California governor Arnold Schwarzenegger had a similar problem finding his audience in the state's special election yesterday. The former Hollywood star had backed four government reform propositions; by Wednesday morning it was clear that all four were voted down in a crushing rejection of the governor's program for change...
...really less an issue. There’s nothing to exacerbate the voters’ fears, concerns, or anything like that.”Many of the challengers, ranging from self-described “progressive” Jesse Gordon to libertarian candidate Bill Hees, have made property tax reform the centerpiece of their campaigns. The candidates point to local anger over a 2004 property tax reassessment that sent some homeowners’ taxes skyrocketing. But the City Council moved in September to lessen the burden on homeowners by tapping into the city’s budget surplus. And incumbents...
...from a broader economic perspective, dropping mortgage-interest deductions has a certain appeal. For starters, it's only one part of a program that would reform the tax code without changing the burden on the average American. It would raise some taxes only as much as it cuts others. The real target is the alternative minimum tax (AMT), designed years ago to prevent millionaires from avoiding tax, but now increasingly encroaching upon the middle class. Next year the AMT will raise the burden of 21 million taxpayers earning as little as $75,000. But to replace the $1.2 trillion that...
...special election in California: The ebbing political strength of Gov. Arnold Schwarzenegger-who is up for reelection next year-will be tested in the results of four ballot initiatives that pit his government-reform agenda against organized labor. He wanted the special election, which will cost the state more than $50 million, but Republicans now think it may have been a mistake. On Saturday, a Schwarzenegger aide blocked perhaps his two most famous critics-liberal actor Warren Beatty and his wife, Annette Bening-from crashing a gubernatorial event at an airport hangar in San Diego...
...confirmed, Alito would one day have an opportunity to weigh in on other much disputed issues, from affirmative action and campaign-finance reform to gay rights and state's rights. The last one may become an especially sensitive topic during his hearings. Since 1995 the Rehnquist Court has struck down, in whole or in part, more than 30 federal statutes, essentially arguing that Congress had overreached and such legislation should be left to the states. Alito's controversial dissent arguing to invalidate a federal law banning machine guns nationwide leads many Senators to suspect that he would try to further...