Word: slashings
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...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...
Conservatives tried another offensive last week with an amendment proposed by Virginia's Joseph Fisher to slash 2% from the budget resolution. O'Neill, Wright and Democratic Whip John Brademas of Indiana again grabbed wavering Democrats and persuaded them to support the party's leadership. O'Neill jokingly described the arm twisting as "strictly an appeal to reason." Said Wright: "After they had already gone over the brink, we threw over a rope and pulled them back." The leaders changed a dozen votes, and the Fisher amendment was beaten...