Word: repeals
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When Michael Parkhurst, president of the 30,000-member Independent Truckers Association (ITA), announced a truckers strike two weeks ago, his goals were ambitious: repeal of new federal taxes on diesel fuel and highway use, a curb on state trucking taxes and regulations, and a "meaningful discussion" of the 55-m.p.h. speed limit. What he got eleven days later was a page-long "Expression of Concern" signed by some 35 Congressmen that promised little more than a review of the federal tax hikes called for in the Surface Transportation Assistance Act of 1982, enacted by last year's lameduck...
...billion tax cut passed in 1981. Other lawmakers, including Howard Baker, have suggested scrapping the indexing provision that, starting in 1985, will prevent tax rates from rising with inflation. Finance Committee Chairman Dole, however, defends indexing as "the best idea" of the 1981 Congress, and he could make its repeal very difficult. Nor is there a realistic chance for a tax increase this year if Reagan opposes it. Indeed, the only shred of bipartisan agreement is over Reagan's plan for a stand-by tax increase: almost everyone agrees it will not fly. Said Louisiana Senator Russell Long, ranking...
Reagan was expected to leave himself another out: the tax boosts would take effect only if Congress in the next two years fails to enact a tax simplification plan. The President intends to pledge that he will study and eventually submit a proposal that would trade wholesale repeal of exemptions and deductions for a lower and narrower range of income tax rates than the present 14% to 50%. That would be a variation of the flat-tax idea that many reformers, both conservative and liberal, urge on grounds of both simplicity and equity (since everyone with approximately the same income...
...Francis found the grave without a search. He stood over it and reconstructed the moment when the child was slipping through his ringers into death. He prayed for a repeal of time so that he might hang himself in the coal bin before picking up the child to change his diaper. Denied that, he prayed for his son's eternal peace in the grave. It was true the boy had not suffered at all in his short life, and he had died too quickly of a cracked neckbone to have felt pain: a sudden twist and it was over...
Deukmejian has also vowed to repeal some measures designed to protect consumers and the environment, contending that they retard business growth. But the legislature will oppose such plans. Another big problem for Deukmejian: five of the six elected officials in his administration are Democrats...