Wrong Tax Debate on Tax Sharing Proposal
The piece discusses a 1966 conference where Representative Melvin Laird argued for federal income tax revenue sharing with states to curb central government growth. Laird said state and local programs suffer from crime education poverty due to insufficient tax revenues caused by federal usurpation of state tax sources.
MENTIONED IN THIS ARTICLE
Providence Evening Bulletin
National Conference of
Washington
Melvin Laird
Wisconsin
Laird
Rhode Island
State House
John J. Wrenn
House
J A. Bevilacqua
C. George D. DeStefano
Senate
DeStefano
Wrenn
Bevilacqua
Chafee
National Industrial Conference Board
Joint Economic Committee
Federal
Walter Heller
Council of Economic Advisors
Kennedy
Advisory Commission On Inter-Governmental Relations
Rhode Island Leaders Debate Federal Revenue Sharing Impact
Rhode Island lawmakers from both parties discuss a federal revenue sharing plan led by Francis C. Bushell-Chairman. They argue over timing and tax policy while citing figures on Rhode Island’s potential annual return of about 17 million dollars if a 2 percent federal tax share is adopted.
RITAC Decries Rhode Island Personal Income Tax Plan
RITAC voices strong opposition to a proposed Rhode Island personal income tax. They argue it expands easily, targets success, and would require 35 agents costing $250000 yearly, harming privacy and driving skilled workers away while contrasting with Connecticut which rejected an income tax.
MENTIONED IN THIS ARTICLE
Rhode Island
31.6 Percent Of Nation Tax Burden Reaches Record High
The Tax Foundation reports 31.6 percent of 1968 national output will be diverted to government taxes. Local and state taxes have risen from 5.9 percent in 1948 to over 9 percent in 1961, with federal taxes adding to the load. Americans will work 2 hours 26 minutes of an 8 hour day to cover these taxes.
MENTIONED IN THIS ARTICLE
Tax Foundation of
New York
Income Tax Labeled an Open Faucet
Francis C. Bushell, chairman of the Rhode Island Taxpayers Action Committee, compared the proposed Rhode Island income tax to an open faucet that legislators could turn to raise taxes. He argued it is easier to increase than sales tax and unfairly punishes the working man by reducing incentive and penalizing achievement. Bushell believed most Rhode Island workers shared this view.
MENTIONED IN THIS ARTICLE
Rhode Island
Francis C. Bushell
Rhode Island Taxpayers’ Action Committee
Bushell
State tax hike questioned as 21.7 percent rise proposed
Citizens compare a 21.7 percent state tax increase to a 5.5 percent wage rise. Rhode Island population grows 5 percent while expenditures jump from 180 million to 218.415 million, prompting calls to question the burden on taxpayers.
MENTIONED IN THIS ARTICLE
Rhode Island
Also Mentioned on This Page
Rhode Island Public Expenditure Council
Congress
Center
Warwick
R. I. Taxpayers’ Action Committee
Mr. Bushell
George Schofield
Cranston
Agnes McMahon
George Ingram
Donald Dreier
Barrington
RITAC
Connecticut
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