Sudden Riches Tax Break Approved in Kennedy Plan
Washington capitalized on a plan by President Kennedy to let winners from TV contests and other sudden earnings average income over five years to curb tax spikes. The Ways and Means Committee endorsed a fluctuating income measure with potential $40 million annual savings, while also filtering real estate gains and wagering rules. The measure aims to broaden across the board tax relief and lower rates, with an emphasis on fairness and targeting high earners. The draft bill also features a ban on using averaging for gambling income and consideration of employer fringe benefits. The last fiscal year saw federal returns from auto taxes exceeding 4.7 billion.
MENTIONED IN THIS ARTICLE
Washington
UPI
Kennedy
House
Ways & Meats Committee
Treasury
Congress
Fisher-L
Red Brick Inn Special Menu Ad Highlights Cheap Fried Chicken
A compact ad promotes special Tuesday through Thursday deals at Red Brick Inn featuring fried chicken and beef tenderloin steaks for 99 cents, suggesting limited time pricing and casual dining.
MENTIONED IN THIS ARTICLE
RED Brick Inn
Extradition hearing for Jones case delayed in Indiana
In Indianapolis the extradition hearing for Grover R. Jones, linked to a 1944 Tennessee hit-and-run death, opened with objections over paper form and lack of authentication. Attorneys argued the indictment and governor’s affidavit were improper while witnesses including family members attended. Jones denied being in Tennessee at the time.
MENTIONED IN THIS ARTICLE
Indianapolis
Jones
Newhen
Tennessee
Harriett Coun
Indiana
New i
Grover QR
Mercut
Jack L. New
Matthew E. Welsh
New
Grover R. Jones
Mercuri
Scott Camp
5Th Tennes
Sparta
Welby Lee
Ux Tompkinsville
Ias
Newt
Moss
Tenn
James G. Nedeff
Isabelle Hatcher
Red Bailing Springs
Lee
Swift Strike III Undergone At Bakalar AF Base
Swift Strike III involved 434th Troop Carrier Wing at Bakalar and Stallings Field in North Carolina. C 119 Flying Boxcars carried out heavy schedule deploying over 2 000 paratroopers and 170 tons of Army equipment for the 82nd Airborne from Fort Bragg. Colonel John W Heff led Stallings forces while about 300 Hoosier airmen remained at Stallings for the exercise.
MENTIONED IN THIS ARTICLE
Bakalar Air Force Base
Columbus
Indiana
U.S
Stallings Field
Kinston
N.C
Army
82Nd Airborne Division
Fort A 3Ragg
Stallings
John W. Heff
Kennedy Lacks Bid To Address Marchers
Washington reports the White House has received no formal request from Negro leaders to meet with President Kennedy for the civil rights march on August 28. Rumors say Kennedy may be asked to address the 100,000 marchers at the Lincoln Memorial or meet with leaders at the White House.
MENTIONED IN THIS ARTICLE
Washington
UPI
White House
Preslie Kennedy
Kennedy
Lincoln Memorial
Schools Defy Court Rulings On Bible Reading And Prayer
A nationwide survey indicates many states defy the Supreme Court ruling on Bible reading and school prayer by continuing or circumvening religious exercises as voluntary activities. Governors and education boards in Alabama South Carolina and Kentucky urged schools to maintain present practices while others studied the matter amid ongoing resistance.
MENTIONED IN THIS ARTICLE
Washington
UPI
Pennsylvania
California
Lre
High
U.S
Supreme Court
David P. Buckson
Atorney Sen
America
Delaware
Alabama State Board of Scuea
South Carolina
Jesse Anderson
Kentucky Board of Education
New Jersey
State Department of Education
Arthur J. Sills
Lo Real
Mahwah
Massachusetts
Educatioion
Montague
Bucksan
Eee
Graham Receives Capital Memorial Service Tribute
President Kennedy and national leaders attended a memorial service for Graham, Washington Post Co. president and CEO, at Washington Cathedral. The private rites followed his suicide at a sanitarium, as Florida debates school religious exercises and court rulings trigger varied local responses nationwide.
MENTIONED IN THIS ARTICLE
Washington
UPI
Kennedy
Philip K
Florida
Graham
Mt. St. Alban
Angus Dun
The
Washington Post Co
Congress
Diplomatic Corps
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Donald’s Beauty School, Inc
W. 12Th
Anderson
Ind
Indiana Business College
Mike Janes
Hyman Janes
Chesterfield
Bert Downey
Big Killbuck
Chesterfield Christian Church
Downey
Janes
Douglas Smith
William
Bakalar AF Base
Coca-Cola Bottling Co
Anderson, Ind. Inc
Coca-Cola Company
Capital
Plaza Room
Edgewood Plaza Shopping Center
Steve
James Richard
McQueen
Pamavision
Donald Duck
Lain Iit
John F. Kennedy
South Pacific
Cuff Robertson
Anderson's
MR. Pizza
Broadway
Grand Ave
the Theatre
Henskoin
the Brothers Grimm
Geist MW
Peecall Resen
Ann Blyth
RTCA
Ray Danton
Hilton
BROWN
Boulevard Place
Claypool
Starlight
Amervin Leroy
Warner Ai
Rae i
Praksio
Warne Bros
McDonalds
Heart of Town
T4th
Jackson
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