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Show Calvin Rampton Details State Program At Banquet of Democratic Party Here Utah faces its greatest challenge chal-lenge since acquiring statehood, Governor-elect Calvin Rampton stated here Tuesday evening In addressing a five-county Democratic Demo-cratic Victory Dinner. This challenger, or crisis, has been brought about by three significant sig-nificant situations that have all fallen upon the state of Utah at one time and in and of themselves them-selves have compounded the situations sit-uations which each of the three affecting the other. He listed the three areas of challenge as: First, serious fiscal condition of the state; Second, falling behind in meeting the needs of schools and social institutions in-stitutions and Third, a striking downward turn In the economy of the state. In order to meet this challenge the Governor-elect proposed a series of moves that were contrary con-trary to policy of the state In the past. He proposed first that the legislature le-gislature authorize a bonded Indebtedness In-debtedness of 75 million dollars to meet the demands of higher education. He proposed that the bonds be amortized over a 15 year period. He further proposed that sales tax, which has been preferred to meet the building needs of the state only, be deferred to building build-ing only to meet the amortization amortiza-tion of the bonds with the re-mainder re-mainder to be tranfered to the general fund to meet the other demands of the state. Rampton further proposed an increase in Income Tax from 1 to 5 percent to 2 to 7 percent. That would mean, he stated, an increase in-crease of one per cent in each tax bracket and the incorporation incorpora-tion of an additional bracket. The increase would average $35 per family In the state he said. Further revenue was proposed from an Increase In the Corporate Corpor-ate and Franchise tax from four to five percent. Other recommendations that he listed high on his proposals to the legislature was the creation of a commission charged with the responsibility of bringing industry in-dustry into the state. He also stated that he would propose an increase in the appropriation for the development of the Tourist Industry from $350,000 blennium to $2 million. An increase in tourism has the effect of strengthening streng-thening all sections of the state, he said, and not any one central area. The dinner was attended by nearly 200 from throughout the southwestern Utah. The Governor-elect was presented pre-sented a Key to Cedar City by Mayor Kumen S. Gardner and a Key to College of Southern Utah by Dr. Royden C. Braithwaite, director. |