Tax Surcharge Could Help Or Hurt Economy
AP analysis notes a proposed six percent tax surcharge on all corporate and personal income taxes, championed by Fed chair William McChesney Martin, as a revenue measure that may curb deficits but could shrink the tax base and slow the economy, risking higher long-term interest rates and consumer borrowing costs.
MENTIONED IN THIS ARTICLE
John Cunnife
New York
Federal Reserve Board
Wiliam McChesney Martin
Martin
Johnson
Federal Reserve
Tax Hike Urged as Necessary to Shield Prosperity
President Johnson's chief economic adviser Gardner Ackley told the Senate House Economic Committee that income taxes must be raised this year to safeguard prosperity amid a sluggish economy and inflation risk. He said unemployment around 3 percent could rise briefly to 4 percent, with a broader push for a six percent surcharge previously proposed by the administration.
MENTIONED IN THIS ARTICLE
Washington
Johnson
Congress
Gardner Ackley
Council of Economic Advis
Sers
Senate House Economic Committee
Ackley
William McChesney Martin Jr
Federal Reserve Board
Martin
Iow
ER&E Promotes Dr. J. R. Griffin
Dr J R Griffin promoted to research associate in Esso Research and Engineering Co Baytown Chemicals Research Laboratory. He directs polymerization research activities. He holds a BS in chemical engineering from Illinois and a PhD from Purdue, with Phi Eta Sigma honors. He is a member of AIChE and Sigma Xi and resides at 1215 Park.
MENTIONED IN THIS ARTICLE
JR. Griffin
Esso Research and Engineering i Co
Baytown
Griffin
University of Illinois
Purdue, University
Phi Eta Sigma
American Institute of Chemical Engineers
Sigma Xi
Park
Two London Buses Bought for Houston Museum
Two red double deck London omnibuses, older than 13 years in Burton upon Trent, England, have been purchased for 270 pounds or 476 dollars to join a Houston, Texas museum collection. The WWII era buses, with half a million miles, were saved from the junkyard and moved to the museum.
MENTIONED IN THIS ARTICLE
Burton-On-Trent
England
Doubledecker
Houston
Tex
Burton
Also Mentioned on This Page
Dake
AMC
Jane
BIS Ideal
Col Boy
Johnny 4A
Loker
B. A. Luker
Vietnam
Bob Smith Road
Fort Polk
Fort Gordon
Tere
Baytown Sun News
Rotary Club’of
Toledo
Ohis
FORD
Er&e
Dr. J. R. Griffin
BR. Griffin
iFor Houston
Volkswagen
Pip You
Daily Facts Automotive Reports
Harris County
Texas Motor Volkswagen, Inc
East Texas Ave
Bay Fame
Many Perma
Famous Brand
Capri
Nous
Oslers
Burlington
Yale
Jamaica
Her Majesty
Val. Re
iFsas
Quitex
Evenflo
Morgan Jones
Raleigh
Val
S.m.li
Carnival
A.B.C
Renee
Ake
A. Sc
A.B. C
S.M.L
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!