California Democrats push income tax surcharge plan
Democratic leaders in Sacramento propose a modified income tax surcharge to replace a Republican one cent sales tax hike. The plan would tax 1 percent of taxable income to fund property tax relief, school support, and targeted credits while balancing a $330 million deficit. Gov. Reagan has not rejected or accepted the plan, with talks ongoing as lawmakers seek a middle ground between sales tax increase and flat tax concepts.
MENTIONED IN THIS ARTICLE
Sacramento
Assembly
Bob Moretti
Senate
James Mills
Reagan
Mill
State Supreme Court
Mills and Morett Indi
Moretti
Pew
California Economy Expected to Improve by Mid 1972
The Economic Advisory Council of the California Chamber of Commerce says if the Nixon wage-price freeze is temporary, California’s economy should show measurable improvement before mid 1972. Consumer confidence will not rise substantially during 1971, amid severe economic difficulties requiring consolidation before major purchases. By end of Q2 most members foresee a recovery, though the wage freeze and a 10 percent import tax may depress California wages by 500 to 600 million dollars below forecast for 1971.
MENTIONED IN THIS ARTICLE
Sacramento
UPI
California
Nixon
Economic Advisory Council of the
California Chamber of Commerce
Reagan environmental protection plan backed by Senate
The Senate approved Gov. Reagan's plan to create a Department of Environmental Protection merging the State Water Resources Board and the Air Resources Board, a move conservatives call a step backward. The measure heads to the Assembly with potential interim study if rejected, while critics say it ignores pollution, waste disposal, land use, and pesticide contamination. A separate note mentions a waste spill prevention bill advancing in committee.
MENTIONED IN THIS ARTICLE
Sacramento
UPI
Senate
Reagan
State Water Resources Board
Air Resources Board
Department of Environmental Protection
A. Alan Post
Senate Health and Welfare Committee
Funeral reform bill sent to Gov Reagan in California
The California Senate approved a funeral reform measure and sent it to Governor Reagan. It would bar crematories from mandating casket cremations and require funeral directors to disclose prices and fees prior to contracting. The proposal also mandates conspicuous price posting on caskets.
MENTIONED IN THIS ARTICLE
Sacramento
UPY
Senate
Ronald Reagan
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Iam Crane Sae ‘Orr Corea —Sa el