Remove the layout tags.
<layout><\layout>
I just tested all of these and they worked as expected. I added them to the Layout Update XML
section of the CMS page I wanted them removed from, and then cleared the Magento cache.
<reference name="head">
<!-- For a JS in the js folder -->
<action method="removeItem"><type>js</type><name>directory/file.js</name></action>
<!-- For a JS in the skin folder -->
<action method="removeItem"><type>skin_js</type><name>functions.js</name></action>
<!-- For CSS in the skin folder -->
<action method="removeItem"><type>skin_css</type><name>css/local.css</name></action>
<!-- For CSS in the js folder -->
<action method="removeItem"><type>js_css</type><name>local.css</name></action>
</reference>
Credit to @Shadowbob - https://stackoverflow.com/a/19662670