Word: taxing
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Dates: during 1980-1989
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...when neighbors demonstrated against a proposed drug treatment center in California's San Fernando Valley. While many worries may be unfounded, experts believe planners and politicians must address the emotions people develop in such situations. Perry Norton, an emeritus professor of urban planning at New York University, advocates tax abatements for homeowners who live near an undesirable public facility, or a guarantee on the resale value of their homes...
Congress was more inclined to think about the cost, which Pepper proposed to cover by lifting the $45,000 cap on income subject to the 1.45% Medicare payroll tax. Projections showed that this tax hike would cost $9 billion by 1993, a prospect that brought out thousands of small businesses and the U.S. Chamber of Commerce in opposition. They were joined by the health-insurance industry, looking to protect its lucrative stake in private medigap insurance...
...manning phones to remind Congressmen that the council's 4.5 million members were watching. The 28 million-member American Association of Retired Persons also supported the bill. Far more effective, however, was a letter-writing campaign by one of the House's mightiest chairmen, burly Dan Rostenkowski of the tax-writing Ways and Means Committee. He and Chairman John Dingell of the Energy and Commerce Committee were incensed that Pepper had struck a deal to bypass their committees and take the bill directly to the floor. Rostenkowski sent out a barrage of "Dear Colleague" letters attacking the measure...
...larger issues, Dukakis knows that satisfying Jackson would mean alienating many voters. For instance, Jackson argues for tax increases on the affluent and a significant reduction of Pentagon resources. As Dukakis fends off Republican charges that he is a tax-loving liberal dove, he can hardly embrace those ideas. Nor can he court Jackson too ardently without looking weak or Mondale-like...
...canceling one-third of the debt owed to it by the "poorest countries," many of them former French colonies. For developing countries in general, we will forgive at least 20% of the debt owed to our governments. We will work toward a similar cancellation of private bank loans, offering tax incentives so that the cost of the action will be shared by the financial institutions and our governments...