Word: soloway
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Dates: during 1950-1959
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Arnold M. Soloway, assistant professor of Economics, said Monday night that a revised, graduated income tax would be the fairest and most effective way to solve Massachusetts' financial dilemma...
Also discussed at the convention was a proposal for state tax reform, announced Friday by Arnold M. Soloway, assistant professor of Economics. Samuel H. Beer, professor of Government, state chairman of the ADA, has asserted that both fiscal and educational fields of state government are "in desperately bad shape...
...Soloway opposes a sales tax, even as a stop-gap, fund-raising measure. He attacks it for the increased costs of administrating a new tax as well as unfairness to taxpayers and denies that any sales tax is necessary, since a "properly revised income tax can produce as much tax revenue as we need...
Since the adoption of a constitutional amendment takes four years, increased money would be needed in the interim, Soloway says. In addition to some of the above proposals, Soloway urges lowering of personal exemptions, perhaps to the Federal level, as a means of obtaining the extra revenue. This move alone would bring in $60 million in increased annual receipts, he estimates...
...bulk of these recommendations is followed, particularly state aid to cities, Soloway maintains, the high property taxes, which now prevent new construction, could be substantially reduced