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This newspaper page contains 3 articles. Subscribers can read the full text of each article.
Newspaper
Independent
Location
Long Beach, California, United States of America
Date
Sep 19, 1973
Page
8
Sacramento analysts say Governor Reagan's tax limitation plan shifts the tax burden to low income taxpayers. Assembly researchers cite nine economists criticizing the plan and warn of service cuts, higher tuition, reduced admissions, local tax hikes, and loss of economic freedom.
The 65 page Assembly Office of Research report challenges Prop 1 asserting it reduces personal income tax intake, limits services, and shifts burden to local governments. Economists Galbraith Heller Okun Tobin and Samuelson oppose the plan and warn of constant cuts under the limit.
Sacramento reports Secretary of State Edmund G Brown Jr rejected Reagan administration demand to rewrite the ballot analysis of the governor's tax limit initiative. The Legislative Analyst Post predicted a 620 million dollar spending cut next year with possible reduced local services or higher property taxes. Brown defended the analysis as accurate and compliant, while Reagan accused Post of conspiring with Assembly Speaker Moretti to mislead voters.
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