Tax Reduction and Simplification Act reshapes 1977 bills
The 1977 Tax Reduction and Simplification Act changes standard deductions and tax tables, affects nearly all filers, and expands credits. It retroactively adjusts sick pay and overseas income rules, raises filing thresholds, and introduces a 20 percent withholding on large gambling winnings. It broadens elderly and dependent credits and alters marriage penalties.
Helicopter Crash Kills Five At Pan Am Building Rooftop
A New York Airways chopper collapsed on the Pan Am building rooftop near Grand Central killing five on Monday. Eight others injured as blades ripped through passengers and debris struck pedestrians including Anne Barnecott of the Bronx. Investigators and officials suspended the heliport license as they probe gear failure.
MENTIONED IN THIS ARTICLE
New York Airways
Midtown
New York
Pan American Building
Grand Central Terminal
Midtown Manhattan
Biltmore
Madison Avenue
Anne Barnecott
Bronx
National Transportation Safety Board
Federal Aviation Administration
Washington
Abraham Beame
Carter Expected To Sign Tax Bill
Washington AP reports President Carter is poised to sign a tax bill returning to the White House for final consideration. The measure would create a permanent tax cut for about 46 million filers and raise the standard deduction to 3200 for joint returns and 2200 for singles, affecting most taxpayers and simplifying filings for 95 percent. The bill also extends a 35 per person credit and lowers corporate rates through December 31, 1978, with one year extensions and special credits for certain groups.
MENTIONED IN THIS ARTICLE
Carl C. Craft
Associated Press
Washington (Ap
Congress
Carter
Washington
White House
Senate
House
Internal Revenue Service
Geriatric Medicine Programs Ahead In Ohio Legislature
Freshman Rep. John A. Begala expects floor approval for his bill to create geriatric medicine instruction programs at Ohio state supported medical schools. Funds are in the state budget and the timing aligns with a statewide senior health conference at Ohio State University.
MENTIONED IN THIS ARTICLE
Columbus
Ohio
John A. Begala
Ohio State University
Kent
Energy Bill Faces House Split Over Car Tax and Rebates
The Carter energy package draws heavy opposition on the Ways and Means Committee amid plans to tax large fuel-inefficient cars and provide rebates for efficient models. Treasury Secretary Blumenthal warns the package could unravel without concessions, while lawmakers call for broader limits and foreign-trade safeguards.
MENTIONED IN THIS ARTICLE
Washington
House
Ways and Means
William R. Cotter
D-Conn
al Altman
D-Ore
Cyrus Vance
Transportation
Brock Adams
Interior
Cecil D. Andrus
Charles L. Schultze
Council of Economic Advisers
Ullman
Congress
Treasury
W. Blumenthal
Blumenthal
Carter
U.S
Barber Conable
Rn.y
Martha Keys
D-Kan
New Head of Merchants Installed as Association President
John Combs, operations manager at Martings Department Store, has been installed as president of the Athens Retail Merchants Association, announced on Page 2. The ceremony marks a leadership shift for the local business group.
MENTIONED IN THIS ARTICLE
John Combs
Martings Department Store
Athens Retail Merchants Association
Bond Issue Prompts Elementary Rebuild in Athens District
If the Athens City School District approves a $3.8 million bond in November, sixth graders will return to elementary schools and a new Morrison Elementary will be constructed on Route 56. Page 2.
MENTIONED IN THIS ARTICLE
Morrison
Athens City
Median Plan Debated On East State Street Widening
A state highway official calls the decision to add a median or green space on East State Street widening premature halting two hours of City Council debate. Citizens and businessmen voiced concerns during Monday discussion.
DES suit denied claims against drug companies
A Detroit judge ruled that 144 women who allege cervical cancer or birth defects from their mothers use of the DES drug cannot hold 16 pharmaceutical defendants jointly liable. The decision affects coordinated liability in the case.
MENTIONED IN THIS ARTICLE
Detroit
Carter Visits California for Drought Reservoir Inspections
President Carter flew to California to inspect drought depleted reservoirs and to address labor support for his domestic policies. Weather outlook calls for partly cloudy night with lows in the 60s and warm Wednesday with a 10 to 30 percent chance of showers and highs in the 80s.
MENTIONED IN THIS ARTICLE
Washington
Carter
California
Bigfoot Sighting Shakes British Columbia Bus Crew
A Pacific Stage Lines bus driver and passengers along Highway 7 east of Vancouver reported a seven foot tall bearded Sasquatch with dark fur and a pale face. The crew described a strong rotten-meat odor as the creature stood 20 to 25 feet away before retreating into thick brush. RCMP said descriptions were consistent and the sighting is being taken seriously.
MENTIONED IN THIS ARTICLE
Mission, British Columbia
Highway 7
Vancouver
Pacific Stage Lines
Pat Lindquist
Lake Erroch
Harrison Hot Springs
Lindquist
Royal Canadian Mounted Police
RCMP
Robert Byford
Also Mentioned on This Page
Pan Am
John F. Kennedy International Airport
Dick Martinson
Michael Baden
Baden
Kennedy Airport
Enrico Gnaga
Milan
Italy
Bellevue Hospital
David Toomey
Montclair
N.J
Michael Findley
Manhattan
Jean Koski
Neptune Beach
Fla
George
John
Representatives
Harry Meshell
Youngstown
Department of Economic and Community Development
Senate Commerce and Labor Committee
DES
Bigfoot
Beast