Higher tax assessment proposal aims at business property in LA County
Los Angeles County Supervisor Ed Edelman urges a statewide split roll to tax income producing business property at a higher ratio than residential property. He argues current 2 1 2 percent base rate colors tax burdens, cites shifts from 56.3 to 51.9 percent of taxes paid by business for 1972–75, and says a 13 percent residential assessment under split roll could cut overall county taxes by about 40 percent for a $60 000 home.
MENTIONED IN THIS ARTICLE
Los Angeles
Ed Edelman
California
Edelman
Kenneth Hahn
State Department of Finance
Los Angeles County
Long Beach Jury Awards 284000 in Truck Crash Case
A Long Beach Superior Court jury awarded Lynon Soils Jr. of Los Angeles 284000 for a back injury from a rear end collision on Harbor Freeway near Carson Street on March 22 1972. The verdict against Oilfields Trucking Co. of Bakersfield follows a five day trial with Soils still suffering a herniated disk.
MENTIONED IN THIS ARTICLE
Harbor Eveay
Long Beach
Lynon Soils Jr
Los Angeles
Soils
Carson Street
Oilfields Trucking Co
Bakersfield
Solls
Woman Held in Fatal Bayonet Stabbing Outside Long Beach Home
Kathy Elizabeth Frogge, 28, of 1640 Sherman Place, was booked for murder after a man, William Edward Ellison, 29, of 181b Cedar Ave, was stabbed with a bayonet outside her Long Beach residence. Witnesses said Ellison harassed residents for two months. detectives cited the incident occurred after he threatened her with a pun. Ellison died at St Mary Medical Center. Officer Robert Wall arrested Frogge following witnesses’ statements.
MENTIONED IN THIS ARTICLE
Long Beach
Kathy Elizabeth Frogge
Sherman Place
William Edward Tligon
Cedar Ave
Logan Wren
William Collette
Ellison
St. Mary Medical Center
Robert Wall
Hayakawa Tax Treaty Row Spurs California Debate
Senator Hayakawa supported a US Britain treaty limiting state taxation of multinationals under a unitary system. California officials warned it could cost the state 120 million dollars in taxes and erode state tax rights. Rep Don Edwards criticized the pact citing Alaska style accounting concerns and potential precedent for other treaties. In Sacramento, the Energy Commission office collapsed under paperwork, trapping a leak case and a large biennial report.
MENTIONED IN THIS ARTICLE
Washington
Hayakawa
Calif
United States
Britain
California
Franchise Tax Board of
Senate Foreign Relations Committee
Kenneth G. Ainsworth
Alaska
State of
Sacranento
California Energy Commission
Bob Moretti
California housing market steadies after boom peak
An AP report from San Francisco notes economist Maurice Mann predicting housing price gains will align with inflation, with supply possibly exceeding demand by year end 1977. He says California has cresting stability ahead, while lenders tighten rules for owner-occupied homes and new housing units reach 20,000 to 25,000 annually amid calls to inventory zoned land and fast track affordable builds.
MENTIONED IN THIS ARTICLE
San Francisco
California
Maurice Mann
Federal Home Loan Bank of
Mann
John Holmdahl
D-Alameda
Bill Leonard
Hofman Construction Co
Concord
Frank
Man arraigned in theft at LBSU
Long Beach State University former Associated Students business manager W Jeffery Lakes, 34, was arraigned Wednesday on grand theft charges accusing him of stealing about $13,000 in student funds. He resigned June 23 and appeared before Long Beach Municipal Court Judge W H Winston Jr with a preliminary hearing slated for August. Lakes remained free on $2,500 bail.
MENTIONED IN THIS ARTICLE
W. Jeffery Lakes
Associated Students
Long Beach State University
Lakes
Long Beach
W. H. Winston Jr
Also Mentioned on This Page
DMV
U.S
Sacramento
Herman Billas
California Department of Motor Vehicles
Alan Cranston
Cranston
Silas
Edwards
Catalina
Salas
Harris
Homs & Frank
Cadi
American Express
Lakewood Center
Stonewood Center
Lakewood Downey
Anthony Frank
California Savings and Loan League
Savings and Loan
Lbsu
Pei
Te Panay
Lew MIx
Neal
Paqtegts Carpets
Onda
DEA
Long Beach Blvd
Mon
Westminster
Beach Blvd
Mon Fri
Bellflower
Lakewood Blvd
Mon Tech, FB
Sun
Cerritos
South ST
Mon Fr
Cowrey
Firestone
Bum
Omar
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