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California Property Tax Cut Issue #256961

CBS Evening News for Thursday, Mar 02, 1978
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(Studio) California legislature's refusal to use state budget surplus to grant property tax relief in 1977 and recent passage by one house of legislature of bill to cut property taxes noted. Reasons cited.
REPORTER: Walter Cronkite

(Los Angeles, California) Howard Jarvis' success in getting initiative placed on California ballot that, if passed, would cut property taxes by nearly 2/3 noted; pols.' reaction described. [JARVIS - states position on pols.' negative reaction to proposed tax cut.] Details of Jarvis' initiative, its support from suburban homeowners and degree of property tax increases given. [Widow homeowner Deloris McCORMACK - says state is eating up small homes.] Arguments of critics of Jarvis plan outlined. [State superintendent of public instruction Wilson RILES - states objections to initiative.] Effect of initiative's passage on education and other services in Los Angeles cited as example television debates mentioned; film shown. [State assembly speaker Leo McCARTHY - knows people want some control over local government] [JARVIS - is interested in making local government officials unhappy.] State legislature's attempts to reach alternative agreement to Jarvis' initiative detailed; Governor Jerry Brown's stand cited. [BROWN - states policy.]
REPORTER: Terry Drinkwater

Reporter(s):
Cronkite, Walter;
Drinkwater, Terry
Duration:
00:03:50

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