CALIFORNIA | LOCAL
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 |
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.
December 30, 2013 |
WASHINGTON - Jennifer Tadlock doesn't yet have all the talent lined up for the small-budget dramatic action feature she hopes to film next year, let alone a full crew. But she does have a tax break, and it's expiring, which was enough to get her behind the camera last month. Tadlock spent about $500 to hire a skeletal crew and nonunion talent to film just one scene near her home in Fresno. "We did the makeup ourselves," she said. The scene, involving teenagers plotting to harass an elderly woman, may never appear in the final cut. But by shooting this year, Tadlock hopes to lock in place the tax break that was key for investors who put up the $6 million she'll need to shoot "Shades of Grace" for real next year.
January 10, 2013 |
When President Obama signed the "fiscal cliff" legislation, the middle class wasn't the only group saved from tax hikes. The new law, which rescinded the automatic tax increases and spending cuts that would have gone into effect beginning Jan. 1, includes 52 "extenders," legislative extensions of expired or soon-to-expire laws. And many of the extenders benefit interest groups and specific corporations. The total cost of this package of special giveaways is roughly $64 billion - about $325 for each of the 197 million individual taxpayers in the country.
December 16, 1989 |
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.
CALIFORNIA | LOCAL
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.
May 4, 1997 |
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 |
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 |
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.
November 11, 1990
As the government at various levels dumps more and more payment for social causes on the private sector, will those "1,000 Points of Light" burn brighter or flicker out? The article "Is Philanthropy's Clock Ticking Away?" (Oct. 25) says: " . . . the less affluent are more generous than the wealthy." I think I learned this many years ago while serving as personnel officer of a Naval station. Collections for a major charity were handled through my office. The conclusion was that a far higher percentage of sailors contributed, in spite of their very low incomes, than did the officers.