Nixon May Seek Temporary 10 Percent Tax Hike
President Nixon may ask Congress for a temporary 10 percent rise in federal income tax rates with the extra revenue held in escrow to be refunded later as an anti inflation measure. Melvin Laird said the plan is not a tax increase and would be studied by economic aides.
MENTIONED IN THIS ARTICLE
Washington
Nixon
Congress
White House
Melvin R. Laird
Laird
Federal Reserve Board
Arthur F. Burns
Wilbur Mills
Tax-Writing House
Ways and Means Committee
Mills
Little Rock
Wilbur D. Mills
D-Ark
House
Little Rock Hospital
al Ullman
Dore
Herman T. Schneebeli
Pennsylvania
Wright Patman
D-Tex
Banking and Currency Committee
Senate Finance Committee
Sen
Rus
Sell B. Long
D-La
Long
Willam Proxmire
D-Wis
Joint Economic Committee
Omar Burleson
Ways and Means
Skepticism Greets Nixon Tax Hike Proposal
Washington AP reports Congress reacted coolly to a White House aide’s hint that President Nixon may seek a refundable income tax increase of 10 percent. Key lawmakers doubt passage this year and warn of recession risks, while some favor evaluation of a flexible investment credit and spending cuts over tax hikes.
Grand Jury Opens Corruption Probe in Maryland
A special federal grand jury resumed in Baltimore as security restrictions tightened amid the probe into alleged political corruption. U.S. Attorney Beall said privacy would be preserved. indictments are expected against local officials linked to the Agnew inquiry, though no testimony against the vice president will occur without clearance.
MENTIONED IN THIS ARTICLE
Baltimore, Md
Maryland
Grand Jury
Court House
United States
Spiro T. Agnew
Agnew
Washington
Justice Department
John W. Hushen
Watergate Grand Jury
Federal Court House
Baltimore
U.S. Atty
George
N. Dale Anderson
Baltimore County
Anderson
James Pecunes
Robert Romadka
Democratic Central Committee
Walter R. Richardson
Beall
Atty
Elliot L. Richardson
Richardson
Chairman to resign in Decatur Adams County unit
Roy L. Price, Adams County Republican chairman, announced Wednesday his resignation due to ill health. The move comes as the party seeks steady leadership and continuity ahead of upcoming local campaigns in Decatur Indiana.
MENTIONED IN THIS ARTICLE
Decatur, Ind
Roy L. Price
Adams County
Republican
Start Life Over With Faith in Jesus Christ
A faith outreach urges readers to accept God's salvation through Jesus Christ. It cites Bible verses to explain sin, judgment, and eternal life, and invites personal confession prayer and contact with A Message For Christ at P.O. Box 522, Anderson Indiana. The text promotes public proclamation and offers literature and counseling.
MENTIONED IN THIS ARTICLE
Jesus Christ
Hell
Christ
God
Lake of Fire
Adam
Jesus
Lord Jesus Christ
P.O
Anderson
Indiana
P.D
Anderson, Ind
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Congressional
Don LaPierre
Anderson Federal Savings Building
First Savings Tower
Delaware St
Anderson Lloyd W. Stuart
J. Sutherland Logan
Singing Grindleys
DR. J. Sutherland Logan
Liberal Furniture
FBI
Serta
Holywood
Meridian Street
Admiral
T.V
Schweiger Speed Que Admiral
Bassett
Broyhill Lane
Serra
Eureka
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