Word: rent
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Dates: during 1980-1980
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...their own tax-limitation initiative on November's ballot. Under Proposition 2½, property taxes would be limited to 2½% of actual market value, auto excise taxes would be reduced by 62%, and renters would be able to take a state tax deduction for half their yearly rent. Voters, fired with visions of immediate tax relief, overwhelmingly approved 2½. Now, however, it looks as though the tax was less troublesome than...
...Scioscia, sales manager for junior books at Harper & Row: "The children's book business has enjoyed a consistent increase in sales, even though school funds have dried up, inflation is hurting, and local funds are not available. Prose, poetry and pictures for the young may be paying the rent in many bookstores...
City Councilor David Sullivan, who drafted the ordinance requiring a city permit before rent-controlled housing is removed from the market, termed the decision a "travesty," and added that "the city manager has to consider very carefully now what his obligations are in regard to carrying out the removal ordinance...
City Manager James L. Sullivan appoints the members of the rent control board. He was unavailable for comment last night...
...Rent board members were unavailable for comment yesterday, but some have said in the past they view the body as more of an impartial, quasi-judicial agency designed more to decide cases brought before it than to actively protect tenants...