Brown Budget Seeks Huge Tax Relief and Prison Build
California Governor Brown unveils a 48.5 billion budget with an 6 percent tax relief plan targeting middle income homeowners and elderly renters. The plan promises 5 percent raises for most state workers, plus 22 new prisons in Southern California to expand capacity, funded by a projected 11.2 percent rise in tax revenues and a 1.2 percent unemployment drop. The budget also increases school funding, targets Serrano school equity, and seeks reforms to tax exemptions and mine deductions.
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California
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Assembly
Ways and Means Committee
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Caliornia
Inc
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Ronald Reagan
Edmund G
Pat” Brown
Reagan
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Senate
James Mills
San di Diego
Mills
Deukmejian
Leo McCarthy
San Francisco
Governor Brown Slashes Budget Message To Brief 169 Words
Sacramento reports Gov. Brown, famed for concise talks, issued an unusually short budget message of about 169 words. Traditionally the annual budget opens with a lengthy message outlining goals and philosophy before extensive department budgets. Brown’s era of limits notes that restraints also create possibilities, with no formal long preface.
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Ronald Reagan
University of California
Brown
Tax loophole closures eyed to boost 1977-78 revenue
Brown urged limiting deductions to cost and ending the capitalizing and depreciating option for expenses. He estimated closing the tax loophole would raise revenue in 1977-78, while a separate provision would repeal the expense capitalization option for various business costs.
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