Sudden Riches Tax Break Approved in House Panel
Kennedy proposed tax break for sudden high earners like actors authors and athletes won final approval in the House Ways and Means Committee as part of a broader tax revision. The plan would let taxpayers average income over five years to avoid high brackets, with an estimated $40 million annual savings, while limiting gambling and wagering income and trimming other real estate tax advantages. The bill also rejects a $30 million break for high paid executives and notes the government collected over $4.7 billion in automotive taxes last year.
MENTIONED IN THIS ARTICLE
Kennedy
House
Ways & Means Committee
The
Treasury
Congress
Special Tuesday Web Thursday ty Fr Fried Chicken
Advert reads special pricing for fried chicken and beef tenderloin steaks at 99 cents. Limited time offer. Sale appears at a local eatery. Customer urgency implied by brief notice. Offers likely a carryout or dine-in promotion.
Extradition hearing delayed in 1944 Tennessee death case
Indiana hearing for Grover R. Jones charged with second degree murder in a 1944 Moss Tennessee hit and run was postponed after Tennessee authorities were to attend. The case, pursued for years by Newt Lee’s son Welby Lee, centered on evidence raising questions about identity and proper extradition paperwork.
MENTIONED IN THIS ARTICLE
Indianapolis
Tennessee
Jack L. New
Matthew FE. Welsh
Grover R. Jones
Jones
Welby Lee
Tompkinsville
Newt Lee
Moss
Tenn
William S. Mercuri
Harriett Conn
Indiana
New
Mercuri
Scott Camp
5Th
Tennessee Judicial Circuit
Sparta
Camp
James G. Nedeff
Hollis Jones
Isabelle Hatcher
Red Boiling Springs
Lee
Kennedy Lacks Bid To Address Marchers
The White House said no formal request has arrived from Negro leaders to meet President Kennedy about the August 28 civil rights march on Washington. Reports had said Kennedy might address 100,000 marchers at the Lincoln Memorial or meet with leaders at the White House.
MENTIONED IN THIS ARTICLE
Washington
UPI
White House
Kennedy
Lincoln Memorial
Public Schools Defy Ruling On Prayer And Bible Readings
A UPI survey finds many U.S. public schools continue prayer and Bible reading despite the Supreme Court ruling. Defiance is strongest in the South with Alabama’s board embedding Bible reading. New Jersey and Massachusetts show mixed adherence. Authorities note the ruling bans state sponsored exercises even when optional. Many say objective Bible study remains appropriate, while several states maintain current practices or interpret the decision as permitting voluntary observances.
MENTIONED IN THIS ARTICLE
Washington
UPI
U.S
Supreme Court
Pennsylvania
California
America
South
Alabama State Board of Educaton
George Wallace
Alabama
South Carolina
Jesse Anderson
Kentucky Board of Education
Florida
New Jersey
State Department of Education
Arthur J. Sills
Mahwah
N.J
Massachusetts
State Commissioner of Education
Montague
High Court
David P Buckson
Delaware
Buckson
High
Graham Receives Capital Memorial Service Tribute
President Kennedy and national leaders paid final tribute to publishing executive Philip L. Graham at a memorial service in Washington Cathedral. About 2,000 attended the private rite as Graham, 48, died recently by his own hand while a patient at a sanitarium.
MENTIONED IN THIS ARTICLE
Washington
UPI
Kennedy
Philip L. Graham
Washington Cathedral
Mt. St. Alban
Angus Dun
Graham
Washington Post Co
Congress
Diplomatic Corps
Swift Strike III Undergone At Bakalar AF Base
In the southeastern U.S. coast exercise Swift Strike III C 119 Flying Boxcars from Indiana’s 434th Troop Carrier Wing flew from Bakalar Indiana. Stallings Field Kingston North Carolina hosted the Wing during large Army Air Force maneuvers dropping over 2000 paratroopers and 170 tons of Army equipment from Fort Bragg. Colonel John W. Hoff led Stallings forces with about 300 Hoosier airmen at Stallings while the rest trained at Bakalar.
MENTIONED IN THIS ARTICLE
Bakalar Air Force Base
Columbus
Indiana
434Th
U.S
Stallings Field
Kinston
N.C
Army
82Nd Airborne Division
Fort Bragg
Stallings
John W. Hoff
Also Mentioned on This Page
Donald’s Beauty School, Inc
Anderson, Ind
Indiana Business College
Anderson
13Th G Meridian
Mike Janes
Hyman Janes
Chesterfield
Bert Downey
Big Killbuck
Chesterfield Christian Church
Downey
Janes
Douglas Smith
Coca-Cola Company
Coca-Cola Bottling Co
Anderson, Ind. Inc
Jlab
Sost Te Theatre
Wetro Goldwyn Mayer
Cinerama
George Pal
Capital
Bakalar AF Base
Ute
Osame Arena
Steve James
McQueen
Garner
Panavision
Richard Attenborough
Donald Duck
Fabulous Rhythm Rascals
Edgewood Plaza Shopping
Rypencer
Henry Fonda
Maureen Ohara
Bugs Bunny
John F. Kennedy
South Pacific
Cuff Robertson Sie Technicolor
Warner Bros
Ann Blyth
N.Y
Ray Danton
Hilton A. Brown
Boulevard Place
Claypool
Starlight
Gypsy Rose Lee
TVOPL
Mervyn Leroy
Tess Hoice
Technicolor
McDonalds
Bopper
Town
14Th
Jackson
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