Most Americans to Gain Under Kennedy Plan
Washington reports President Kennedy’s proposed tax changes could shift 6.5 million Americans from itemizing deductions to the standard 10 percent deduction. The plan would reduce taxes for many in lower brackets while altering deductions for state and local taxes, medical expenses, and other items. About half of U S taxpayers currently itemize, with higher earners more likely to itemize.
MENTIONED IN THIS ARTICLE
Washington
Kennedy
Congress
United States
Proposed and Present Taxes on Individuals
Washington table shows 1963 and 1964 individual income tax payments under Kennedy proposals versus 1962 actuals. The income column reflects taxable income after exemptions and personal deductions for married couples filing jointly, highlighting changes under the two reform plans revealed yesterday.
MENTIONED IN THIS ARTICLE
Washington
Kennedy
Record Cold Breaks Across Nation Shuts Plants
A sweeping Arctic blast from the Rockies to the Atlantic brings deadly cold, snow, and blackouts. Reports from UPI describe towns blocked by storms from New York to Florida, with record lows in Florida, North and South Carolina, Tennessee, and Indiana. Dozens of fires, gas disruptions, school closures, and emergency declarations follow as crews battle extreme conditions and frozen infrastructure.
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Rockies
Atlantic
Florida
Everglades
Cy. Nore
Trenton
Ladelle
S$.d
Mingston
Springs
Mobile
Ala
Pensecolla
Charleston
W.Y
Huntsville
Ale
Chicago
Kennedy Denies Soviet Influx Into Cuba At News Conf
President Kennedy said there has been no military influx into Cuba recently except for one Soviet ship. He noted the best information is that a single ship with military cargo arrived since the Cuban crisis. He pledged continued surveillance and addressed Western unity against communism, saying there was no plan for U.S. air coverage of the Bay of Pigs invasion and urging allied strength amid Cold War tensions.
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Kennedy
Cuba
Hes
Nes
Repacity
U.S
Charles‘de Gaulle
France
Dielot
de Gaulle
Lids Hille
United States
Europe
Colveut
Probe of Yorty Office Ordered Amid City Hall Probe
City council members escalate a probe into Mayor Samuel Yorty s office. Officials pressed by the government efficiency committee question mayoral helicopter trips free liquor and city funded party expenses for a group of women. Karl Rundberg, once a Yorty ally, blamed council delays in merging city and county health departments as the inquiry widened.
MENTIONED IN THIS ARTICLE
Loz-Angéleg
Samuel Yorty Agin
Les
Ant
Ie oRhetitandit Cattitwalien
Dex Ner Itch
Qial
Sohen
Chile
Karl Rundberg
Sai
Rundberg
City Health
Deway
Social reforms stir Tran row in Tehran protest
A 2000-strong mob demonstrated in Tehran in support of reforms tied to Mohammed Reza Pahlavi's liquor bill. City officials and university students faced opposition at cafeterias and public events as government spokesmen claimed the protest was staged and funded by the mayor.
MENTIONED IN THIS ARTICLE
Tehran
Trat
Shan Mohamed Reza Tahlev
Traud
Tehran University
Lians
Yorty
Saidj
Quer
Fog Causes 50 Car Freeway Pileup In Riverside Area
Dense fog shut down a 12 mile Riverside Freeway stretch between Riverside and Corona. A 50 car crash left 27 injured and a dozen motorists hospitalized. Three vehicles burned after a gas tank exploded. heat fused a car and pickup. Edward S. Milligan, 31, Costa Mesa, among the injured. The wrecks halted traffic for over two hours.
MENTIONED IN THIS ARTICLE
Riverside
Usiong
Edward S. Milligan
Costa Mesa
Corona
Revenue Reform Urged by Kennedy to Trim Deductions
President Kennedy urged Congress to cut a fifth of an $11 billion individual tax cut by sharply limiting deductions for mortgage interest and charitable contributions. The plan features a five percent cap on deductions above 5 percent of income, a $300 standard deduction for individuals or married couples plus $100 per dependent, and a total tax cut of $13.6 billion with $2.6 billion for corporations.
MENTIONED IN THIS ARTICLE
Washington
UPI
Kennedy
Congress
Jong
Kent
Avere
Ant
Tme
Also Mentioned on This Page
Ancome
United Press International
Marlene Coleman
Willi
Wis
Tran
Independent Bridge
Marquis Childs
Ss. Ccaee
Vane
Robert C. Ruark
Ruhe Samuelsen
Oclely
William A. Doyle
Dr. Steinerahn
Vinanes
Bill Sinvner
Roe Hendrickson
Virginia Kay
YYV
Lee Merriman
Yage
Culumn
Treasury
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