Word: soloway
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...Soloway said later that he considered Furcolo's proposed state revenue of $130 million a "ballooned budget, of a magnitude greater than is prudent or necessary at this time...
Arnold M. Soloway, assistant professor of Economics, registered vigorous opposition yesterday to Governor Fostor Furcolo's recent proposal for a state sales tax of three per cent...
Speaking at a Boston meeting sponsored by the Massachusetts Federation of Labor, Soloway condemned the sales tax for imposing "an undue financial burden on low income groups." Sen. John E. Powers, the Democratic minority leader of the State Senate, also talked at the meeting, attacking the governor's plan as a betrayal of the Democratic campaign platform...
...Soloway criticized the arbitrariness of the proposed budget. "We don't have a budget request at all, but rather a request for a tremendous blank check," he said. He also predicted that a sales tax would fail to collect the estimated $112 million...
...other University economists disagreed with Soloway on the governor's plan. Seymour E. Harris '20, professor of Economics, said that such a move has been almost forced on Furcolo by the urgent need for increased state revenue...