Word: taxed
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Dates: during 1980-1989
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...measure increasing the tax exemption for city residents who own their own homes may lead to slightly lower tax bills for middle-class city residents, but could hurt wealthy homeowners and poorer renters, City Councillors said yesterday...
...balance that deduction, the council increased the overall tax rate on residential property...
According to a report issued by City Manager Robert W. Healy, the exemption would lower the tax bills for people who live in their own three-family houses, but raise them slightly for people who own and live in of one- and two-family units...
Because the increase in the residential exemption will require a corresponding rise in tax rates, Sullivan said, owners of low-income, rent-controlled housing will face a significant tax increase, which will they will eventually pass along to their tenants...
Whether or not one agrees with the controversial laws Congress knocked down, the legislative threat to withhold tax money actually raised by the citizens for the day-to-day administration of their own elected government negates the principle of local self-government. Unfortunately, such principles mean little to congressmen who believe that anti-abortion and anti-gay votes will bolster their reelection prospects...