Tax loopholes drain revenue in 1971 large losses
The text notes 54 sections of federal income tax law let individuals and corporations cut taxes. In 1971 these loopholes reportedly cost about 59 billion dollars in revenue with corporate profits deductions at 20 billion, state and local tax deductions 8.5 billion, and capital gains at 5 billion.
MENTIONED IN THIS ARTICLE
Newspaper Enterprise Assa
No-ing All Answers Highlights Boss’s Clock Watching
A satirical note from MEWSPAPER ENTERPRISE ASSN. contrasts a boss who avoids answers with the era when watching the clock becomes acceptable as theft of time is implied.
MENTIONED IN THIS ARTICLE
Mewspaper Enterprise Assn
Ambulance Service: How Four Cities Handle It
The Associated Press surveys four cities to compare ambulance systems. Dallas moved to city control with a one–company contract and a 1.2 million annual budget, Houston operates with the fire department, San Antonio plans county takeover with faster response, and Lubbock weighs private subsidies versus fire department takeover costs.
MENTIONED IN THIS ARTICLE
Dallas
Houston
Associated Press
Medical
Martin
Emer
Hicles
Houston Fire Department
San Antonio
Bexar County
Lubbock
Quesion Sas
Keith Mulhem
Frank Faughn
Bexar
Army
Tubbock
C. Brandon Hull
West Texas Health Systems, Inc
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Penn
S.M.L
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