Tax relief hopes fade as recession lurches on
New York report notes high corporate and personal tax rates choke reinvestment and risk capital. Depreciation changes, fast amortization, and potential shifts to southern states or Puerto Rico are urged to ease tax burdens. Some firms warn cities to cut taxes or risk losing key plants.
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Covenant Congregational Church Drives Fund for Mortgage
Covenant Congregational Church on Laurel avenue Laurel and Grove street has launched a drive to raise 23800 to retire its mortgage and support the United Conference Advance. The Rev Wilfred J C Hanser says 15008 covers the mortgage and 8808 funds youth ministry expansion. A family fellowship supper is set for Friday at 6 30 p m in the church auditorium. Cambodia has boosted the term of its guaranty against the risk of industry nationalization according to Phnom Penh reports.
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Bridgeport Junior House Meeting On Lawn and Garden Prep
The Junior House and Garden Club of Bridgeport will meet tomorrow at 8 PM in the Garden Exchange, Trumbull. Emil Tramposch will discuss Getting Ready for Spring lawns shrubs and gardens. Machines for manufacturing place were in use by the early 1800s.
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