Word: taxed
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Dates: during 1980-1989
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Wall told the committee that his agency rescued 75 institutions in December at a cost of $15.5 billion to be spread out over 10 years. Tax benefits arising from the deals will cost the government an additional $4 billion...
When Governor Michael S. Dukakis tomorrow announces tax increases intended to prevent budget cuts in social programs, he will continue the agressively defensive tone initiated during the State of the State address last week...
Dukakis announced last week that he would not seek reelection in 1990, a move observers say will make it necessary for him to aggressively defend the policies of the last six years. The governor has decided that a tax increase is necessary to preserve his administration's social programs, State House sources...
...revenue increase of an estimated $500-600 million dollars will probably come from "sin" taxes on alcohol and possibly cigarettes, as well as an increased gasoline tax and a cut in capital gains deduction. Administration officials say the hike would fund programs like employment training, aid to cities and towns and universal health insurance...
Since Dukakis returned to Massachusetts after his defeat in the November presidential elections, he has been considering spending cuts, which many legislative leaders have called for, and the political risk of requesting a tax increase...