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Tax Incentives

September 21, 1992
In response to "Bush Hopes to Double Economy to $10 Trillion," Sept. 11: President Bush's newly articulated economic plan gives us hope for the future. By explaining the reasons for the pain that we are experiencing and focusing our attention on the goal of becoming a global trading nation, he has described the sound path we must follow to achieve economic prosperity. Education is foremost if we are to attain a robust economy. Our schools must be changed to help our children compete in this new world.
November 6, 1988
The following candidates declined to participate: 38th--Incumbent Robert K. Dornan (R) 39th--Don E. Marquis (D) 40th--Gretchen J. Farsi (P&F), Roger Bloxham (L) 38TH DISTRICT Frank German Occupation (employer): Retired Teacher Birth date: Sept. 4, 1918 Party affiliation: Peace & Freedom Public offices previously held (dates): None How much do you expect to spend on this campaign?: less than $100 Do you believe an income tax increase is necessary to reduce the deficit?
March 17, 1985 | TOM REDBURN, Times Staff Writer
The Senate Finance Committee's recent confirmation hearing for Secretary of the Treasury James A. Baker III was hardly a good omen for tax reform. One by one, committee members weighed in with ringing defenses of such tax breaks as special incentives for oil and gas drillers and tax-free fringe benefits, among many others. Calling them "incentives for savings investment," Sen. Spark M.
January 12, 2012 | By Matea Gold, Melanie Mason and Tom Hamburger, Washington Bureau
As Mitt Romney defends his record running a private equity firm, he frequently points to a fast-growing Indiana steel company, financed in part by Bain Capital, that now employs 6,000 workers. What Romney doesn't mention is that Steel Dynamics also received generous tax breaks and other subsidies provided by the state of Indiana and the residents of DeKalb County, where the company's first mill was built. The story of Bain and Steel Dynamics illustrates how Romney, during his business career, made avid use of public-private partnerships, something that many conservatives consider to be "corporate welfare.
October 24, 2010 | By Kenneth R. Harney
Could the forthcoming report of a bipartisan presidential deficit-reduction commission ? due Dec. 1 ? lead to fundamental changes in the way that homeownership is treated by the federal tax system? For decades the political rule on Capitol Hill has been that nobody messes with homeowner tax benefits ? mortgage interest deductions, capital gains exclusions, property tax write-offs ? even if they cost the government hundreds of billions of dollars in tax revenue a year and increase the federal deficit.
President Bush is expected to propose new tax incentives for savings to encourage Americans to set aside more money for the future, Administration officials said Friday. Treasury Secretary Nicholas F. Brady announced several months ago that he was looking at ways to increase incentives for savings and investment, but few details of the Administration approach have emerged until now. Several options are under consideration, aides said, and no decision has been made about specifics.
October 2, 1985
Your editorial (Sept. 23), "Tax Reform: a New Beginning," and articles (Opinion, Sept. 22) by Sen. Bill Bradley (D-N.J.) and Rep. Jack Kemp (D-N.Y.) raised numerous issues about President Reagan's tax reform plan. Curiously, media attention on the plan rarely focuses on one significant flaw. The President's plan calls for immediate repeal of a 1981 law extending the charitable contributions deduction to non-itemizers. The law authorizing this deduction is being phased in to ease federal revenue loss and is scheduled to take full effect for the 1986 tax year--after which it sunsets unless extended before December of next year.
The new federal budget agreement gives President Clinton much of what he wanted when he promised to fix some of the most glaring problems he saw in the welfare reform measure he signed into law last year. The bargain struck Friday between the White House and Republican leaders in Congress does not change core features of the welfare law, including its work requirements and time limits on benefits.
May 12, 2010 | By Richard Verrier, Los Angeles Times
Question: How do you pack a theater with jaded movie industry professionals? Answer: Show them the latest hot information on film tax credits. Nearly 200 people crammed into an auditorium at the Landmark Theatre in West Los Angeles recently to learn the latest skinny on the kind of topic that would set an accountant's heart aflutter. The filmmakers, production executives and bankers were attending the Spring Fling Production Incentives Symposium, hosted by the aptly named Incentives Office, a Los Angeles firm that helps filmmakers and lenders navigate the welter of tax credits and rebates.
January 19, 2008 | Maura Reynolds, Times Staff Writer
Stepping out as the standard-bearer for an economic rescue, President Bush called Friday for about $150 billion in tax rebates and other measures designed to be a "shot in the arm" for the flagging economy. The president, who was out of the country for much of the last two weeks as bad news on the economy piled up, returned to the policy forefront by calling for an even larger plan than the $100-billion initiative being discussed in Congress.
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