1968 Social Security tax hike and stamp tax repeal set
The 1968 tax changes include higher Social Security taxes for earnings above 6600 to 7800, raising the tax by 52.80 for those at 7800 plus the removal of the 1965 real estate transfer stamp tax of six cents per 100 dollars. The changes take effect Jan 1 while a 10 percent surcharge on income taxes is under consideration.
MENTIONED IN THIS ARTICLE
Washington
Treasury Department
Johnson
Congress
House
Ways and Means Committee
Treasury
New Tupelo Writer Joins ADA WEEKLY News Roster
Thelma Lee Sweat of Tupelo will temporarily write for the ADA WEEKLY News as W B Hokett takes a short leave. Hokett regrets the move but wishes Sweat well and thanks readers for their support.
MENTIONED IN THIS ARTICLE
Thelma Lee Sweat
Rt. 1
Tupelo
W. B. Hokett
Hokett
the Weekly
Sweat
ADA Weekly News
1967 Was Not An Average Farm Year in Oklahoma
Oklahoma farmers faced a year with record yields for pecans soybeans peanuts and grain sorghums amid drought and abandonment in western areas. Wheat fell short yet hay and alfalfa set records while hog cholera eradication progressed and a Swift and Co plant opened in Guymon. Farmers expected about 830 million dollars from crops and livestock sales before subsidies.
MENTIONED IN THIS ARTICLE
Oklahoma
Swift and Co
Guymon
U.S. Department of Agriculture
D. D. Pittman
First Southwest Agricultural Forum
Tulsa
Orville Freeman
National Farmers Union Convention
Oklahoma City
Portugal
Texas
Enid
Weatherford
Federal Reserve Tightens Credit to Pressure Tax Policy
The Federal Reserve Board unanimous ly orders higher reserves on checking accounts to curb inflation and strengthen the dollar. Bankers say the move pressures the Johnson administration and Congress to raise taxes and cut spending, while signaling a shift from easy money in 1967. The rule affects banks with demand deposits over five million dollars.
MENTIONED IN THIS ARTICLE
Washington
Federal Reserve Board
Congress
Martin
William McChesney Martin
Reserve Board
Johnson
Ward C. Krebs
Wells Fargo Bank of San Francisco
Federal Reserve
Krebs
Associated Press
House
Ways and Means Committee
Real Estate Tax Stamps Due Soon in Oklahoma
Oklahoma County court houses will begin selling real estate tax stamps on January 2 for deeds recorded after that date. The stamps, at 59 cents per $500 of value, must be affixed to deeds transferring property over $100. Revenue is projected at about $700,000 yearly, with 95 percent for vocational technical schools and junior colleges.
MENTIONED IN THIS ARTICLE
Oklahoma
Oklahoma Tax Commission
Clarence DeWees
Tax Commission
DeWees
Tax Forms Are In The Mail In Oklahoma 1968
Oklahoma sends 740000 income tax forms by IBM addressed from last year’s returns. Taxpayers missing notices by January should contact the Income Tax Division in Oklahoma City. Delays stem from missing W 2s missing signatures social security numbers and mailing to the wrong office. Checks or money orders are credited if properly remitted.
MENTIONED IN THIS ARTICLE
Oklahoma
Oklahoma Tax Commission
Clarence DeWees
IBM
Post Office Department
Income Tax Division
Oklahoma City
DeWees
The
Tax Commission
Federal Internal Revenue Office
Mel Adams
Mail Division
Adams
Enves
Funeral services for Dr Ed ward Houston Nelson
Dr. Edward Houston Nelson 79 died after a two week illness. He taught at East Central State College for nearly 40 years and chaired the psychology department. Services were held at First Methodist Church Ada with burial in Rosedale Cemetery. Memorials to the Wesley Foundation EC State College c/o First Methodist Church Ada.
MENTIONED IN THIS ARTICLE
Edward Houston Nelson
First Methodist Church
Nelson
East Central State College
The
Methodist Church
E. 6Th
Cauthron
Ark
Waldron
University of Arkansas
Oklahoma University
Harriet Williams
Ada
Spiro
Poteau
Phi Delta Kappa
Psi Chi
Pi Gamma Mu
AAAS
American Association For the Advancement of Science
CFA
East Central District
Herman Ging
Criswell Funeral Home
Rosedale Cemetery
Louis Long
Churchill Thomas
Eugene Hagar
Bill Horne
Charles F. Spencer
Richard Swink
Wesley Foundation
c/o
Oklahoma Quarter Horse Futurity Nominations Open
The Oklahoma Quarter Horse Association opens nominations for the 22nd Oklahoma Futurity with an estimated $100000 purse. Nominations close January 15, 1968 with about 75 early entries. about 650 to 700 horses are expected in initial nomination.
MENTIONED IN THIS ARTICLE
Oklahoma Quarter Horse Association
Oklahoma Race Committee
Harley Hannaford
Tulsa
OQHA
Mark's Dog Duke Reported Lost Near Ada
Mark Bratton of Byng reports his brown Pekingese Duke is missing. He lives two miles north of Ada and asks anyone who sees the dog to call 332-5046 or 332-3341. A reward is offered. the dog is a cherished pet of Mark, son of Mr and Mrs Doyal Bratton, Rt. 3, Ada.
MENTIONED IN THIS ARTICLE
Mark Bratton
Byng
Duke
Mark
Ada
Santa
Mark Is
the Son
Mrs
Doyal Bratton
Rt. 3
Make Ahead Dishes and Tuna Onion Salad Spotlight
A vintage guide to planning meals ahead with refrigerator dishes and two main recipes. It highlights flexible timing for meals and provides detailed steps for Ham and Noodles casserole and Tuna Onion Salad with quantities and garnishes.
Also Mentioned on This Page
Pontotoc County
S.S
Oklahoma Methodist Conference
Epworth Club
Foundation
Holy Land
Gilmer
Muskogee
Harold
Beaumont
Tex
Leland
Doris Swearingen
Bartlesville
Fred W. Johnson
Little Rock
Emmett Johnson
Foy Dacus
Seminole
James Gay
Stillwater
Custom Jet
Bud Warren
Perry
Top Lady Bug
Marvin Barnes
Clary Spencer
Savannah Jr
Ray
J. R. Cates
Mr. Streaky Bar
Vernie Willis
Claremore
Pat’s Tamak
Jesse Powell
Stigler
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