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Money-Bomb - Dec 2015

Money-Bomb - Dec 2015

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Ratliff Details Proposal for Statewide School Tax
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Ratliff Details Proposal for Statewide School Tax

BY Terrence Stutz

AUSTIN - Acting Lt. Gov. Bill Ratliff on Wednesday pitched a plan to retool the state's education funding system by replacing local property taxes for schools with a new statewide property tax. The proposal would initially set a statewide tax rate of $ 1.40 per $ 100 of property valuation for all residential and business property in Texas. Revenues would be distributed among all 1,040 school districts based on enrollment and other factors.

04/04/2002
School Financing Proposal Unveiled
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School Financing Proposal Unveiled

BY R. A. Dyer

AUSTIN - Texas property owners would pay a statewide property tax of $1.40 per $100 assessed value to finance the $24 billion public school system under a plan unveiled Wednesday by acting Lt. Gov. Bill Ratliff. The proposal, which would require passage by the Legislature in 2003 and a statewide vote to amend the Texas Constitution, would abolish the authority of the state's 1,040 local districts to assess some - but not all - property taxes.

04/04/2002
Ratliff Wants Statewide Property Tax In Lieu of Local levy
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Ratliff Wants Statewide Property Tax In Lieu of Local levy

BY Janet Elliot

AUSTIN - Replacing local property taxes with a statewide levy would provide a more equitable means of funding public schools, Lt. Gov. Bill Ratliff said Wednesday. "The reason it becomes more equitable is all taxpayers would pay the same state property tax rate," said Ratliff, author of the 1993 "share-the-wealth" school finance plan. Ratliff would have the Legislature levy a statewide property tax of $ 1.40 per $ 100 of a property's assessed value. The money would be distributed to districts on a per-pupil basis.

04/04/2002
Ralliers Urge State to Cut Spending, Not Raise Taxes
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Ralliers Urge State to Cut Spending, Not Raise Taxes

BY Todd Volkstorf

The idea that North Carolinians are overly and unfairly taxed drew about 65 people to an anti-tax rally Wednesday evening at Wilmington City Hall. "It's not a budget crisis. It's a spending crisis," said Jonathan Hill, director of Citizens for a Sound Economy, referring to why the state has a projected $ 900 million budget deficit. Supporters, armed with anti-tax posters and propaganda, lined the aluminum bleachers in place for the Azalea Festival Parade. Rush hour motorists continuously honked their horns at the crowd, as their posters urged.

04/04/2002
CAGW Press Conference Tomorrow Will Criticize Postal Service Rate Hike, Call for Real Reform
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CAGW Press Conference Tomorrow Will Criticize Postal Service Rate Hike, Call for Real Reform

News Advisory: What: Citizens Against Government Waste (CAGW) will host a press conference on the U.S. Postal Service's latest rate hike, its disturbing financial situation, and its future. Who: Leslie Paige, CAGW -- Rick Merritt, PostalWatch -- Pete Sepp, National Taxpayers Union -- Grover Norquist, Americans for Tax Reform -- Ed Black, Computer & Communications Industry Association -- Fran Smith, Consumer Alert -- Brad Jansen, Free Congress Foundation

04/04/2002
Inside Politics
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Inside Politics

BY Robert Stacy McCain

'Our fight' "Israel's fight against terrorism is our fight," a group of mainly conservative intellectuals declared yesterday in an open letter to President Bush. Issued under the auspices of the nonprofit Project for the New American Century, the letter declares "it can no longer be the policy of the United States to urge, much less to pressure, Israel to continue negotiating with Palestinian leader Yasser Arafat, any more than we would be willing to be pressured to negotiate with Osama bin Laden or Mullah Omar."

04/04/2002
CSE Activists Rally in Maryland to Stop New Taxes
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Press Release

CSE Activists Rally in Maryland to Stop New Taxes

Activists on the capitol steps being filmed by WJZ Channel 13. No New Taxes — CSE activists from across the state converged on the capital to rally against a proposal under consideration in the Maryland General Assembly that would raise taxes on Maryland’s middle-income families. A vocal opponent of tax increases since its inception, CSE opposes House Speaker Casper Taylor’s (D- Allegany) 34-cent tobacco tax increase. CSE Director of Federal and State Campaigns Erick Gustafson, when interviewed by WJZ Channel 13 about why CSE opposed the tax increase, replied that taxes—any taxes—only grow the size government.

04/03/2002
New Statewide Property Tax Proposed for Texas
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Press Release

New Statewide Property Tax Proposed for Texas

Peggy Venable, director of Texas Citizens for a Sound Economy, denounced the new statewide property tax proposed by Lt Gov Bill Ratliff today as tax increase and a new tax. The plan was released at a meeting of the School Finance Committee. Here are Venable’s comments along with an outline of the plan: “In this plan, the State of Texas would be the King of Knottingham while Robin Hood and his Merry Men in Sherwood Forest take more from us all, not just the rich. This plan does not address the disparity of property evaluation.

04/03/2002
State Tax for Schools in New Plan
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State Tax for Schools in New Plan

BY John Moritz

AUSTIN - Acting Lt. Gov. Bill Ratliff will unveil a new school finance plan today that would rely on a statewide property tax to equalize education funding between poor and rich districts. Ratliff's proposal would replace the formula dubbed "Robin Hood" that he guided through the 1993 Legislature. That plan requires wealthy school districts to send money raised from local property taxes to the state, which then redistributes the funds to poorer districts, resulting in the nickname.

04/03/2002
County Thanks Coach
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County Thanks Coach

UNCW Seahawks coach Jerry Wainwright said New Hanover County has been a good home to his team, which continues to enjoy national attention after playing two rounds in the NCAA Tournament. The team has a sense of responsibility to Wilmington and the county, Mr. Wainwright said to the County Commissioners, who presented him with a proclamation congratulating the team on its winning season. "They don't feel like they're away from home," he said. "They feel like they 're home. It's been a great place to play."

04/03/2002

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