Depreciation rules ease tax relief for U.S. industry
AP News analyzes new Treasury depreciation schedules aimed at boosting investment by expanding tax deductions for equipment. The change reduces depreciation life spans, increases deductible amounts, and seeks faster modernization to close the gap with Western Europe and Japan. The measure could cut taxes by about 1.25 billion dollars and spur broader economic growth.
MENTIONED IN THIS ARTICLE
Sam Dawson
AP Business News
NEW York
American Business Today
Treasury
Europe
Japan
United States
Fireman Back on Duty After Weight Loss Condition
Henry J Potoczny a 265 pound Philadelphia firefighter was reinstated on active duty by the Civil Service Commission with a six month condition to shed at least 30 pounds. He must lose five pounds each month to remain employed.
MENTIONED IN THIS ARTICLE
Philadelphia
Henry J .Potoczny
Fire Department
The
Civil Service Commission
Clara Bow Battles Insomnia In Quiet California Life
Hollywood icon Clara Bow struggles with long standing insomnia and emotional health issues after Rex Bell funeral. She lives in West Los Angeles in a semi invalided state with nurse Estella Smith, devours television, swims daily, and tends to her business interests while visiting occasional restaurants. Bow, 56, remains a small, trim figure with lingering star appeal despite years out of public work.
MENTIONED IN THIS ARTICLE
Bob Thomas Lips
Clara Bow
Rex Bell
Hollywood
Los Angeles
Culver City
Clara
Richard Arlen
Rex
Nevada
Fox
Bell
California
Estella Smith
Gravity theory proved in new science studies
Scientists and engineers report on gravity Venus and a system for talking to machines. New studies substantiate a rotating body can generate gravitylike fields that could add to or subtract from Earth's gravity. Probes may reveal Venus secrets including temperature magnetic fields radiation belts and solar wind effects. A parking card proposed to replace meters could show time left and feed instructions to automatons with voice commands.
MENTIONED IN THIS ARTICLE
Associated Press
Venus
Earth
Spineiie
F. T. Fraser
General Pref Eision, Inc
Pleasantville
Einstein
Fraser
Robert Wyckoff
Jet Propulsion Laboraory
Astronautics Magazine
Felix D. Kolben
Chicago
Kolben
Armour , ‘Research Foundation
Dr. L. F.biritz
American Samoa hosts Pacific Conference talks
Delegates from six nations and Pacific dependencies meet in Pago Pago for ten days of talks covering health economy and social issues across more than 3 million Pacific residents. The first Polynesian conference includes Australia France the Netherlands New Zealand Britain and the United States.
MENTIONED IN THIS ARTICLE
American Samoa
Pacific
H. Rex Lee
U.S
Australia
France
Netherlands
New Zealand
Britain
United States
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Defend
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Honeylane
Honey Lane
Capri
Armioad
Sears
West
Texas
Vientiane
Laos
Harry W. Mergler
Case Institute of
Corea
Ieee
Bol
Ravia
Glrdon
Texas Ave
Bor
Marta
Whitcomb
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