Word: surtax
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...many Democrats by last week were giving it a wary, and sometimes hostile, second look. Speaker of the House Tom Foley expressed "reservations" about the idea. Ways and Means Chairman Dan Rostenkowski, a Chicago Democrat who has felt the wrath of senior-citizens groups over the catastrophic-health-care surtax, dubbed the proposal a "disaster." Democrats feared that the budget squeeze on other domestic programs, already harsh, would be still worse if the Government had to go hunting for billions to replace the lost Social Security revenue...
...catastrophic-health-care program, which lobbying groups for the elderly hailed at its passage, imposed an annual surtax of up to $800 on well-heeled Medicare beneficiaries, who balked at having to pay for benefits that were often duplicated by their private insurance. Last summer they began an intense, well-organized campaign for repeal, even though it could mean eliminating the entire program and leaving millions of needy seniors uncovered. The House voted overwhelmingly to do just that on Oct. 4, but the Senate, while inclined to eliminate the surtax, is trying to keep some parts of the program...
Washington is one of the few states with a comprehensive cleanup program. Three years ago, the Puget Sound water-quality authority developed a master plan for cleaning up the heavily polluted, 3,200-sq.-mi. body of water. The state legislature has levied an 8 cents-a-pack surtax on cigarettes to help pay the bill; this year the tax will contribute an estimated $25 million to the cleanup. The Puget Sound authority and other state agencies closely monitor discharge of industrial waste and are working with companies on ways to reduce effluent...
...Senate (86 to 11) as it had through the House (328 to 72) the week before, largely because of its self- financing mechanism. The program is to be paid for by Medicare's 32 million beneficiaries, who will be charged an additional $4 monthly premium plus an income-based surtax. Among the provisions to be phased in during the next three years is the cost of respite care for up to 80 hours a year, which will allow many like Anna Price to hire occasional help. But the bill has little effect on the big-ticket item for 1.5 million...
...When he first ran for Governor in 1974, he made his famous "lead pipe" promise not to raise taxes. During his first administration, he implemented a wonderful device known as a surtax--i.e., a tax on your taxes. During his 1986 campaign for reelection, he conveniently decided to repeal the surtax, which allowed him to claim on the presidential campaign trail that he had cut taxes...