Proposed Two Cent Gas Tax Hike Faces South Carolina Assembly
South Carolina officials urge a two cent increase in the state gasoline tax to fund highway projects, offset budget cuts, and inflation. The plan follows a forecasted revenue drop after consumption slumped, with construction needs and department costs cited as drivers.
MENTIONED IN THIS ARTICLE
Associated Press
South Carolina
State Highway Department
W. T. Brooks
General Assembly
Tax Commission
Greenville
Shell
Roger Pink
Internal Revenue Service
IRS
Charleston
Charleston Evening Post
Poll Predicts Gloom For 1974 Economy
Gallup poll of 1,550 adults nationwide finds 85 percent expect 1974 economic difficulties and 84 percent foresee rising unemployment. Last year 47 percent expected difficulty and 43 percent feared more unemployment. The survey notes regional and age variations with the South most optimistic on employment.
MENTIONED IN THIS ARTICLE
Princeton
N.J
Gallup
Milwaukee
United States
South
South Carolina Leaders Optimistic On Energy Shortage Impact
In Columbia leaders express cautious optimism about energy shortages, predicting a possible $15 million year end surplus and an emergency reserve of about $60 million. State officials cite projected general fund revenues of $735 million for the current year and $804.3 million for 1974-75, with gasoline tax impacts to appear soon and relief seen as more limited locally due to full employment.
MENTIONED IN THIS ARTICLE
Columbia (Ap
South Carolina
House of ‘Representatives
Columbia
Harry M. Lightsey
Henry M. Tecklenburg
Orangeburg Oil Company
F. Earl Ellis
State Development Board
C. Heyward Belser
Terrell L. Glenn
House
Rex L. Carter
General Assembly
Carter
John C. West
State Tax Commission
Robert C. Wasson
Grady Patterson
Wasson
General Fund
Tax Commission
Patterson
Benny's Gift Donation Sparks IRS Tax Battle
Comedian Jack Benny claims his donation of show business memorabilia to UCLA qualifies for a 156000 tax deduction. The IRS says Benny and his wife owe 109081 in back taxes for 1967 and 1968. Benny’s lawyer filed an appeal in U S Tax Court, citing Nixon’s similar deduction.
MENTIONED IN THIS ARTICLE
Washington
Jack Benny
University of California At
Los Angeles
Internal Revenue Service
Benny
Lawrence S. Kartiganer
Beverly Hills
Calif
Nixon
National Archives
Kartiganer
IRS
U.S
Guard Flight Practice Cut Delays Air Defense Proficiency
Washington AP reported fuel shortages curtailing Air National Guard flight practice. Guard pilots may fly only on direct scramble orders from NORAD to investigate suspicious aircraft, halting instrument and night training and raising fears of eroded readiness for 19 Air Guard squadrons defending continental air space.
MENTIONED IN THIS ARTICLE
Washington
Air National Guard
United States
Guard
North American Air Defense Command
Air Guard
Also Mentioned on This Page
Ers
National Weather Service Office
Dick Mitchell
Spartan Petroleum Co
Spartanburg
Mitchell
Sam Bailey
Union Oil Co
Rudy Coward
South Carolina Electric & Gas
Coward
Sce&g
Herman Sheffer
Marathon Oil Co
Findlay
Ohio
Sheffer
Marathon
M&m
Santee and Sumter Petroleum Co
Federal Energy Office
Conti
Nental
Palmetto Federal
Savings & Loan Association of
Aiken
Directors
The
Association
Chesterfield St. So
Aiken, S.C
Carl B. Sanders, Jr
Bankers Trust
Bankers Trust Office
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