Senate Vote Increases Personal Tax Exemption to $800
The Senate approved the Gore amendment 58 to 37 to raise the personal exemption from 600 to 800 and deliver an average tax cut for families earning 5,000 to 10,000 dollars, signaling a major shift in Nixon’s tax reform bill. The move, backed by 10 Republicans and 48 Democrats, faces a tough path in conference and likely White House resistance. The administration warned the increase would be costly, with projected annual costs rising to about 9 billion by 1973, while next year's cost would be 1.7 billion under the administration plan.
MENTIONED IN THIS ARTICLE
Washington
Senate
Nixon
Albert Gore
Tennessee
Gore
House
Les
Hugh Scott
Pennsylvania
White House
Scott
Treasury Department
Charles H. Perey
Illinois
Perey
Treasury
Jack Miller
Iowa
Administration
Finance Committee
Russell B. Leng
D-La
Maddox to Address Insurancemen in Savannah Meeting
W C Maddox sales manager for Prudential Insur ance Co with Aiken offices is invited to a joint management meeting in Savannah on December 10 to discuss the Insurance Industry s Responsibility to the Public. Since 1965 he has helped develop several million dollar producers and led a manager trainee program. He has ranked as high as No 4 of 3 700 Prudential offices in the U S and Canada. The Maddoxes live at 900 Wheeler Drive with their son Billy.
MENTIONED IN THIS ARTICLE
W. Carlton Maddox
Prudential Insurance Co
Aiken
South Carolina
Central Georgia
Prudential Co
Savannah
Maddox
Insurance Industry
Prudential
United States
Canada
Billy
Wheeler Drive
Gore plan vs committee bill tax change for family income 10000
For the same family earning 10000, the Gore plan would levy 962 in tax while the committee bill would tax 98. This contrasts the GOP plan with the current committee framework on a modest income.
New Books in Demand At Aiken Library
Aiken County Library shelves fill with arrivals as readers snap up new titles in two weeks. Notable works include In This House of Brede by Rumer Godden, A Pocketful of Rye by A. J. Cronin, and Prime Time a biography of Edward R. Murrow by Alexander Kendrick.
MENTIONED IN THIS ARTICLE
Aiken
Rumer Godden
A. J. Cronin
Lawrence Carroll
May. Sarton
New Hampshire
Jamis Allee
New York
Agee
Meory
Tle
James’ Agee
James Agee
Robert Fitegerald
White Mars
Benjamin Capps
Frank O'Rourke
Doc Neely
Paddy Chavefsky
Marty
Primetime
Edward R. Murrow
Alexand Kendrick
Murrow
Prime Times
Also Mentioned on This Page
Mitchell Shopping Cl
Nter
ZY Wong
W.C. Maddox
Madeira
Annridges
Julia Probyn
Julia
John Creasey
Toff
Richard Rollion
Margaret Summerton
Tunisia
Guilford County
N.C
Europe
Hitler
London
Britain
Elliotts Gifts 'N Things
Kalmia Plaza
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