California economy may improve by mid 1972 says council
The Economic Advisory Council of the California Chamber of Commerce says measurable improvement in the state economy could occur before mid 1972 if Nixon's wage-price freeze is temporary. Consumer confidence will not rise substantially in 1971, and consolidation is needed before higher spending. An improved consumer mood is expected by mid 1972, with wage freezes and a 10 percent import tax likely to dampen the year’s outlook. The wage freeze could cut California wages in 1971 by 300 to 600 million dollars from prior forecasts.
MENTIONED IN THIS ARTICLE
Sacramento
UPI
California
Nixon
Economic Advisory Council of the
California Chamber of Commerce
Democrats propose income tax surcharge as alternative to sales tax
In Sacramento Democratic leaders seek a 1 percent tax on taxable income to replace a proposed 1 cent sales tax hike. They say Reagan has not rejected nor accepted the plan, which would raise about $600 million yearly and cut property taxes for homeowners while offering renter relief and tax credits. The plan shifts revenue via payroll withholding, closes loopholes, and funds school and budget needs.
MENTIONED IN THIS ARTICLE
Sacramento
Assembly
Bob Moretti
Senate
James Mills
Reagan
Mills
State Supreme Court
Mills and Morett
Indi
Moretti
Senate OKs Reagan resources plan for environmental department
The California Senate approved Governor Reagan's plan to create a Department of Environmental Protection uniting the State Water Resources Board and Air Resources Board. The move, supported by Sen. John Harmer, advances unless the Assembly rejects it. critics say it ignores noise, waste, land use, and pesticide issues. A separate panel passed a bill banning hazardous waste disposal by industries.
MENTIONED IN THIS ARTICLE
Reagan
State = Water Resources Board
Air Resources Board
Department of
Senate
John Harmer
Glendale
A. Alan Post
Senate passes funeral reform measure to Reagan
A bill advancing funeral reform was passed by the Senate and sent to Gov. Ronald Reagan. It would bar crematories from forcing cremation in a casket and require funeral directors to provide price lists before contracting on services. The bill would also require conspicuous posting of prices on caskets.
MENTIONED IN THIS ARTICLE
Sacramento
UPI
Senate
Ronald Reagan
Also Mentioned on This Page
ROYAL
Remington Office
Demos
Mills and Moretti
Ho Chi
Berkeley
Angul Greenlaw
Swenson
Mike Allen
D- Long Beach
Senate Health and Welfare Committee
Gov
Ed's
Fang Saveese
Sidecones
Ed’s
Garden Grove
Garden Grove Blvd
Brookinuret
Los Angeles
Weatwood Blvd
Ohimpie
Downet
Paramount
Imperial
Ei al
Wurlitzer Organ
Torat Tone
Ores Asic Stor
Pine Ave
Long Beech
Avings
Singer
Electric Scissors
Reg. Price
WTA Sollins
Warewood
Singar
Singer Company
Snger Company
Hunting Torlez
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