Reagan Tax Hike Sparks Watts Unrest In Los Angeles
Sacramento officials warn spending cuts won’t avert new taxes this year as Gov. Reagan faces opposition in Watts where unrest grows over his inauguration. The legislature returns to tackle a projected $453 million deficit with talks on raising the sales tax and extending it to cover food and shelter, while property tax relief remains a key goal.
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Chamber of Commerce Sees Hike in Income
UPI reports San Francisco business leaders foresee a brighter California economy in 1967 with projections of total personal income at about 70 billion dollars, driven by higher non-residential construction and industrial activity. Nearly one third expect higher personal outlays for new cars, while employment growth is seen as modest amid ongoing wartime construction.
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