Suit Seeks Statewide Reappraisal of Property in Kansas
A Kansas lawsuit filed in Rice County seeks statewide equalization of property assessments and reappraisal to fix 17 years of unequal valuations. Plaintiff Jack Janssen, joined by Sen. Paul Hess and Rep. Timothy O Sullivan, argues the state must enforce the 30 percent assessment rule and could trigger broader changes in tax policy.
MENTIONED IN THIS ARTICLE
Peka, Kan
Rice County
Lyons
Jack Janssen
Kansas
Paul Hess
Wichita
Timothy O'Sullivan
Hutchinson
Janssen
Senate
Hess
O'Sullivan
Topeka
State of
Interest Rates Move Up as Fed Tight Policy Persists
New York based AP reports the prime lending rate rises to 20.5 percent, just shy of last December’s peak. Banks shifted from 20 to 20.5 percent amid a sluggish economy, with economists accusing the Fed of keeping monetary policy tight. Bond markets rose then fell after Fed reserves injections, signaling no clear easing yet.
MENTIONED IN THIS ARTICLE
Fed
Thomson
Dole Seeks Dialogue on Tax Deal with Democrats
Senate Finance Chair Bob Dole signals readiness to work with House Ways and Means on a compromise tax relief plan. Democrats favor a two year, under $50,000 focus while Dole backs Reagan's three year across the board cut. O Neill says the key issue is tax relief for those earning under 50k.
MENTIONED IN THIS ARTICLE
Washington
Senate Finance Committee
House
Reagan
Ways and Means Committee
Bob Dole
Kan
Dole
CBS Radio
Thomas P. O'Neill
O'Neill
Congressional Joint Committee On Taxation
Dan Rostenkowski
Dill
Ways and Means
Senate
Also Mentioned on This Page
John Carlin
New York
Thomas Thomson
Crocker Bank
San Francisco
Federal Reserve Board
Croucher Abstract & Title Co
Jeanette Croucher
West
Ottawa
Alco Discount Store
Tele
A Nlu S
Bugg
Demolinion Ver Snow
John Houdashelt
J&j Automotive
South
Us50
Hiway
Pete DeWald
Pete
North Main
Mary Burch
West 17Th Street
Franklin County Fair Grounds
South Main
Alco
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