Word: taxing
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Dates: during 1980-1989
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Reaction on Beacon Hill was mixed yesterday after Gov. Michael S. Dukakis said that he is confident the House will forge a compromise on a new tax package before Christmas...
Dukakis' statement came in the wake of an announcement by Ways and Means Committee Chair Richard A. Voke (D-Chelsea) that the committee will not develop a replacement for Friday's ill-fated tax bill...
...House rejected a proposal that day by Speaker George Keverian '53 for a 50 percent increase in the capital gains tax, even after the speaker agreed not to make the increase retroactive for this fiscal year. After the 94-64 defeat, Keverian (D-Everett) retracted his $1 billion tax package from the floor...
...demanding last month that Congress produce a deficit-trimming budget without resort to accounting gimmickry or tax increases, George Bush knew he might as well have ordered the sun not to rise. Last week, as Congress raced to adjourn before the Thanksgiving holiday, it sent the President a final 1990 budget bill lopping $14.7 billion off the deficit -- thanks, of course, to gimmicks and a $5.6 billion increase in what people outside the Washington Beltway usually call taxes. Without a murmur of protest or the slightest hint of a blush, Bush agreed to sign the measure into...
...Washington, where rhetoric and reality constantly collide, the "stealth budget" will enable the President to continue to spout his well- worn 1988 campaign bromide -- "Read my lips, no new taxes." How can he get away with it? Because that bugaboo of the Republican right, the income tax, was left untouched. Instead, Administration and congressional budgeteers hiked levies on oil and chemicals, advanced the collection dates for various taxes, and increased fees on such items as tickets for international air travel and cruises. Except for a leap in the amount of personal income subject to Social Security taxes from...