Word: willingly
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Dates: during 1970-1979
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Not only is the VAT regressive--it is also very complicated. In Europe it has earned a reputation for simplicity only because it replaced a vastly more complex system of business turnover taxes. But in the United States experts predict that the VAT will force businessmen to spend much more...
LONG AND ULLMAN correctly calculate that an attack on our falling rate of productivity strikes at the core of America's economic woes. Yet the VAT leads this attack in a painfully misdirected way. There's no reason why the incentives for savings must come from a regressive consumption tax...
Unfortunately, Russell Long cannot see beyond regressive taxation as a means to solve America's economic problems. The Louisiana Senator makes no attempt to hide his disdain for equitable taxes. Asked what he thought of the American income tax system, Long replied: "I think it is progressive to the point...
Cambridge Police Department representatives will meet tomorrow with city bargainers to begin negotiations on a new contract which could cost the city close to $3 million.
Negotiators for the police will ask for cost-of-living raises and increases in fringe benefits which could entitle patrolmen to as much as $36,000 a year.