Word: slash
(lookup in dictionary)
(lookup stats)
Dates: during 1970-1979
Sort By: most recent first
(reverse)
...called, not without reason, "a disgrace to mankind." When the House Ways and Means Committee last week began a final writing session on the bill, the cut had been reduced to $15 billion and all the reforms had been removed. Instead there will almost certainly be a slash in the capital gains tax, which the President opposes as a benefit primarily to the well...
...Jarvis strutted around Washington and U.S. mayors fretted in Atlanta about how his tax-cutting crusade might hurt them, California struggled with a more immediate problem. On July 1, the end of this week, Jarvis' triumphantly successful Proposition 13 goes into effect, with its more than $7 billion slash in revenues from property taxes. As a select committee of six of the state legislature's most powerful members worked feverishly on a rescue plan, thousands of lobbyists flocked to Sacramento to apply pressure...
What the nation's most populous state last week refused to accept was the soaring, inflation-fueled rise in its property taxes. In the most radical slash in property taxes since Depression days, Californians voted themselves a 57% cut?more than $7 billion?in the levy that hurts them most, the tax on the rising value of their homes. Ignoring warnings that schools may not be able to educate, libraries may close and crime rates may climb, the voters further decreed that any local tax hereafter may increase no more than 2% a year?substantially less than the anticipated hikes...
Such conflicting claims and expectations raised broader questions about the Jarvis measure. Indeed, the entire nationwide drive to slash taxes arbitrarily and force public officials to cope with the consequences poses anew some of the most basic of political questions. At what point does the voters' laudable intention to eliminate waste and increase governmental efficiency act instead to destroy the very services a democratic society demands? Is society really expecting too much
IOWA. Another conservative Republican proposing a slash in taxes, Roger Jepsen, 49, won a startling Landslide victory for the opportunity to take on liberal Democratic Incumbent Dick Clark, 48. Jepsen, who billed himself as "the right Republican," will have a tough time against Clark, who claims to have visited 1,100 Iowa communities during his first term. Jerry Fitzgerald, 37, Democratic leader of the state house, earned the tough job of trying to prevent Republican Bob Ray, 49, from winning a fifth term as Governor. Concedes Fitzgerald: "He's very popular...