Comparison Tax Table Released
Washington based congressional tax staff experts released a comparison showing how the House passed 1976 income tax reduction would affect typical taxpayers with standard deductions. It notes the bill makes permanent the 1975 increase in minimum and maximum standard deductions for nonitemizers, while excluding two temporary provisions for low income families and child credits that expire December 31.
MENTIONED IN THIS ARTICLE
Washington
Congresssional
Tax Cut Bill Closer To President's Desk
Washington AP says a conference panel works out final tax cut details but Ford is unlikely to approve. If not extended, a married $15,000 earner would pay about $250 more, a single filer about $156 more yearly. Senate support signals likely override attempt, contending with Ford veto.
MENTIONED IN THIS ARTICLE
Washington
Ford
Conference Committee
Internal Revenue Service
Congress
Senate
IRS Help No Good Says Nader Organization
The Ralph Nader organization told a House subcommittee that IRS guidance is more often wrong than right and that taxpayers remain liable for underpayments due to IRS errors. It warned private outfits may provide worse tax advice than IRS help.
MENTIONED IN THIS ARTICLE
Washington
Internal Revenue Service
Ralph Nader
IRS
House
Nader
Saco Councilors To Help Negotiate Police Union Pact
Saco councilors voted four to three to include a three member finance committee in negotiating the city police union pact. The panel will join City Administrator John Dexter City Accountant Raymond Cota and Police Chief Alfred Cote, with Republicans Hjort Foss and Pendleton dissenting. Cassette Boucouvalas and Hobbins indicated they will attend. Hjort may join day sessions. The move follows prior debates over who should bargain labor contracts. The council also approved a three year labor contract with the public works union granting 5 percent wage increases and expanding medical coverage for 1976 and 1977.
MENTIONED IN THIS ARTICLE
Susan Morrison
Saco
John Dexter
Raymond Cota
Alfred Cote
Richard Hjort
Stephen Foss
Charles Pendleton
William Boucouvalas
Robert Cassette
Cota
Dexter
Cassette
Raymond Hobbins
Boucouvalas
Hjort
Wncthe
Public Works Union
Council of City
Ronald Ayotte
Exter
Saco Council
Maine home towed to Nova Scotia amid legal snag
Merit W. Beans summer house moved from Cundy's Harbor to Nova Scotia after a 16 hour Gulf of Maine voyage. A wetlands violation summons was issued for filling coastal wetlands without a permit. Bean plans to land the 50 ton Cape Cod style dwelling at Yar mouth on a 25 acre water view site once the move clears.
MENTIONED IN THIS ARTICLE
Cundy
Harbor
Maine
Merit W. Bean
Nova Scotia
Gulf of Maine
Coast Guard
South Portland
Errol
N.H
Bean
Brunswick District Court
Yarmouth
Alaska Oilfield Hope Fueled by Teshekpuk Project
Barrow Alaska residents and Navy officials announced a two to twenty six well program at Naval Petroleum Reserve No 4 to tap Lake Teshekpuk prospects southeast of Barrow The effort could yield Alaska s largest oilfield with government estimates of 33 billion barrels or more and USGS placing proved reserves around 34 25 billion barrels The field drew comparisons to Kuwait by Senator Henry M Jackson supporting high expectations and potential gas and oil finds.
MENTIONED IN THIS ARTICLE
Barrow
Alaska
Teshekpuk
Sanaet
Here
Naval Petroleum Reserve No
Cmdr
Terrence J. Woods
Navy
Congress approves 2.3 billion emergency NYC loan bill
The Senate approved a 2.3 billion emergency federal loan to rescue New York City from near bankruptcy, with the House earlier defeating a 1 billion cut. Ford is expected to sign. The 10.4 billion appropriations bill funds many agencies and projects. A separate energy bill to temporarily cut fuel prices heads to the Senate for final action amid price controls expiry.
MENTIONED IN THIS ARTICLE
Washington
Congress
Ford
New York City
Senate
House
New York
Senate House
Pentagon official warns of potential SALT radar violation
Dr. James P. Wade told the House committee that Soviet testing of a Kamchatka radar could violate the arms pact by replacing existing systems with advanced ones and allowing tracking of missiles beyond U S capabilities. He also noted possible laser beam tests aimed at blind U S spy satellites.
MENTIONED IN THIS ARTICLE
Washington
Pentagon
James P. Wade
House
Armed Services Committee
Kamchatka
U.S
Wade
Nerves Triggered Moluccans Hijacking Drama
Dutch journalist hostages recount the South Moluccan hijacking of a Northern Holland train. Gunmen described as military planned the assault to the minute and killed two passengers amid failed state promises. Hostages released after surrender. reporter claims nerves caused the violence.
MENTIONED IN THIS ARTICLE
Amsterdam
Netherlands
Wnmen
Holand
Ger Vaders
Vaders
Waders
Politician Sells $100 Dinner Ticket With Inflation Talk
A satirical note argues a politician pushes a pricey dinner of one hundred dollars per plate while delivering a speech about stopping inflation, highlighting the irony of promises versus cost.
Also Mentioned on This Page
Fortunes Rocks
Chriss Karvonides
Liz Whitney
Donald Berthiaume
Berthiaume
Dick Danforth
Tax
Canada
Cundy’s Harbor
Quahog Cove
Kuwait
Husky Oil Npr Operations Inc
U.S. Geological Survey
Henry M. Jackson
Dwash
U.s.world Report
Bobaha
Portland
Walt Disney World
Donald Duck
Bobby
UPI
Nyc
Federal Reserve Board
Fed
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