Word: taxed
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Dates: during 1980-1989
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George Bush pocketed a labor endorsement yesterday and said his drive for the White House was "all about creating jobs and opportunity." Underdog Michael Dukakis retorted that Bush's plan to slash the capital gains tax was a treat for the rich "and a trick for the rest...
...most successful tactic of the pro-repeal campaign has been to argue that eliminating the wage would contribute to lower construction costs and help create lower municipal tax rates. But according to the pro-wage Committee for Quality of Life, the average cost of labor on a construction bid is only 15 to 20 percent. If the prevailing wage were repealed, they claim, and wages were cut by as much as 20 percent, the overall decrease in the price of the project to a community would be as little as 2 to 3 percent...
Although only tenuous evidence can be presented that repealing the prevailing wage would result in lower taxes, repeal advocates have continually stressed this as a major campaign issue. As Mark Erlich of the Committee for Quality of Life said, "the phrase `tax savings' is a code word that people accept on faith. Our feeling is that we need to educate the public on a fairly complicated issue. In an age where simplistic arguments are winning, it is gratifying to have won so much support for this issue...
...deficit, Bush and Dukakis clung to the fig leaf provided by their dubious budget nostrums. The Vice President escaped serious challenge on his implausible insistence that his so-called flexible freeze of 4% budget growth can accommodate new domestic proposals like $1,000 child-care grants, special-interest tax cuts and muscular military spending. Dukakis, however, was hammered as he repeated his lame argument from the primaries that up to $100 billion can be recovered by vigorous enforcement of existing tax laws. Challenged as to what taxes he would raise as a last resort, Dukakis asked haplessly, "May I disagree...
...gift to Mrs. Reagan must be listed on annual financial disclosure forms required of federal officials under the 1978 Ethics in Government Act. President Reagan would be required to list any such gifts to his wife. Their value may also have to be reported on federal income tax returns. Furthermore, White House lawyers agreed in 1982 that any of the First Lady's dresses that she considered loans, not gifts, would be reported annually under the ethics law. Neither the disclosure forms nor the Reagan tax returns for the years 1982 through 1987 list loans or gifts of dresses...