Rubbing salt in the tax wound
The piece blasts 11 top corporations for paying no federal income tax in 1975, including Ford, Bethlehem Steel, and Lockheed. It argues the tax code allows loopholes like foreign tax credits and investment credits, urging action by the Carter administration to push permanent tax cuts and broad reform.
MENTIONED IN THIS ARTICLE
Uncle Sam
Ford Motor Co
Hanover Bank
Chemical Bank
Delta Air Lines
Northwest Airlines
Western Electric
Bethlehem Steel
Lockheed Aircraft
National Steel
Phelps Dodge
Freeport Minerals
U.S
Treasury
Saudi Arabia
Jimmy Carter
Carter
Plains
Maine
Giscard eyes 1977 as year of Middle East peace
French President Giscard d Estaing argues 1977 could be decisive for Middle East peace and notes Lebanon’s stability, shifting Arab world opinions, and Saudi Arabia playing a positive role. He believes OPEC’s price impact will weigh on Western Europe and comments on communism in Yugoslavia and Italy.
MENTIONED IN THIS ARTICLE
C.L. Sulzberger
New York Times
Paris
Giscard d'Estaing
Middle East
Israel
Henry Kissinger
Lebanon
Syria
Egypt
Saudi Arabia
France
Europe
OPEC
Germany
Giscard d’Estaing
Yugoslavia
Marshal Tito
Belgrade
Tito
Moscow
Rome
China
Peking
E.E.C
West Germany
Britain
Anti-Maoists seek revenge after decade of upheaval
Hong Kong dispatch reports rival factions within China claim Mao Tse-tung's death sparked a Chinese style military coup led by pragmatists. Army arrests four ideologues, with Chen Hsi-lien as key commander. Yeh Chin ying cited but frail. Revenge by those harassed during the Cultural Revolution is blamed for ensuing power shifts.
MENTIONED IN THIS ARTICLE
Jack Anderson
Les Whitten
Hong Kong
Mao Tse-tung
China
Mao
Chiang Ching
Chou En-lai
Teng Hsio-ping
Teng
Hua Kuo-feng
Madam Chiang
Hua
Yeh Chinying
Chen Hsi-lien
Peking
Suan Chang
Less shouting and more listening By James Reston
Washington notes a shift away from dogmatism as 1977 approaches. The Carter team hedges promises, faces untested Cabinet members, and seeks steady progress amid global economic strains. International politics show Europe, Japan, and Communist states rethinking past paths, while domestic calm grows under a more measured administration.
MENTIONED IN THIS ARTICLE
James Reston
New York Times
Washington
Ashington
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Wm. E. Foster
Alta W. Foster
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W. Paul Casavant
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Journal Rt
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Callaghan
Schmidt
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