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Newspaper
Bluefield Daily Telegraph
Location
Bluefield, West Virginia, United States of America
Date
Jun 25, 1986
Page
1
Region B-1 reports Black bears turning up in several Virginia communities over the past weeks while the United States is noted as the world’s largest debtor nation after last year’s government report.
The Senate passed the tax revision bill 97 to 3, setting up a conference with the House to resolve differences. The measure lowers rates and restricts many deductions, affecting nearly all taxpayers and businesses as Congress readies to act by autumn at the latest. President Reagan praised the outcome, calling it a win for taxpayers over special interests.
The day will be mostly sunny and breezy with a high near 72. Tonight will be clear and cool as temperatures drop to around 48 degrees. Weather A-8.
FDA reports cyanide detected in an OTC capsule non Excedrin in Seattle area. Editorial notes President Reagan is deeply disappointed by denied chance to address the House on Contra aid. asserts responsibility lies with him.
Revision will bring fewer deductions and lower rates, shifting incentives away from borrowing for big purchases and charitable giving. The Senate bill's approach, if adopted, would curb tax shelters for wealthier and middle income families and reduce incentives to invest in oil and gas partnerships and timber projects.
A summary of proposed tax changes outlines individual effects, rates, exemptions, standard and itemized deductions, and retirement account treatment. It notes that about 25 million would pay more, 6 million would owe no tax, and most would face a bottom rate of 15 percent with a maximum 32.4 percent on some upper incomes. Exemptions phase out after income thresholds, standard deductions for couples and singles, limits on itemized deductions, removal of charitable deduction for non-itemizers, and changes to IRA deductions for workers with company pensions.
Public schooling for 4 year olds would be offered in Virginia and middle schools revamped under Governor's Commission on Excellence in Education recommendations. Proposals include raised teacher salaries, fewer class restrictions, early childhood programs, remedial sessions for Ds, orientation for board members, and some SOQ revisions. Final report due Nov. 1 to Gov. Baliles.
EPA officials told the Bluefield City Board that PCB and dioxin at the former Joy Manufacturing site are contained with no risk to residents. A 1.2 ppb dioxin reading is marginally above the non hazard threshold, but offsite tests were negative and water is clean. The building is secured and the public is kept away from the area.
University of Maryland basketball star Len Bias died after likely snorting cocaine minutes before collapsing in his dorm. Medical examiner Dr. John Smialek said the drug interrupted brain activity, caused seizures and arrest. Prosecutor Arthur Marshall will probe possible manslaughter charges against the provider.
Mercer County jail opened seven more cells to comply with a federal court order limiting confinement of certain inmates. Sheriff Hare's aide says guidelines are met now but a future single inmate could force reallocation. County Commission ordered use of any usable cells after insurer said police liability covers the expansion. general liability covers only 10 cells. Judge John T. Copenhaver issued the order.
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