Word: tisch
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Dates: during 1980-1989
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...Michigan, voters turned down a similar proposal that would have rolled back property assessments to 1978 levels, then cut taxes in half. The Tisch amendment, named after the Shiawassee County drain commissioner who drew up the proposal, at first had broad support led by homeowners and real estate developers, who believed that a revitalized economy would make up for the lost tax revenues. But Governor William Milliken, who had already cut more than $100 million from the budget this year, estimated that the amendment would cost the state an annual $2 billion. Michigan, Milliken said, would have to fire...