Tax hike passes Senate House sent to Reagan for signature
Congress approved a 98.3 billion dollar tax increase over three years to curb deficits and rising interest rates. The bill passed 226-207 in the House and 52-47 in the Senate, with VP Bush presiding to break a tie if needed. Reagan expected quick signing.
MENTIONED IN THIS ARTICLE
Reagan
Washington
Congress
Senate
House
George Bush
Sen
Alan Cranston
California
John East
R-N.c
White House
Linn County mulls blocking car plates for unpaid fines
Cedar Rapids and Linn County officials weigh a plan to deny vehicle registrations to drivers with outstanding warrants. The approach mirrors Polk County, targets up to 1,000 people yearly, and would require board approval and computer system updates to link warrants with the treasurer’s records.
MENTIONED IN THIS ARTICLE
Mary Burke
Azette County
Linn County
Cedar Rapids
Polk County
Mel Meyer
Rick Clymer
Clymer
County Board of Supervisors
Weather Bureaus and Truthful Names Debate
A wry note mocks weather bureaus for not living up to their name calling them non prophet organizations. The caption riffs on honesty in forecasts and the pun hints at a copyright remark.
Guilty Plea Precedes Innocent Verdict in Richmond Case
In Richmond a man named Harry Seigler pleaded guilty to first degree murder just minutes before a jury found him innocent of robbery and murder of Douglas Mitchell. Prosecutors say he will serve at least 12 years, with a 60 year sentence and 20 suspended, plus 10 years for robbery.
MENTIONED IN THIS ARTICLE
Richmond
Harry Seigler
Seigler
Douglas Mitchell
Mitchell
Warren von Schuch
John Dodson
William Spain
Tax bill details tighten deductions and raise levies
Congress approved a tax bill to take effect mainly Jan 1 with reduced medical deductions and eliminated health insurance deduction. It doubles cigarette tax to 16 cents a pack then lowers to 8 cents, raises phone tax, expands withholding on interest and dividends, strengthens penalties for tax cheats, and broadens taxes on pensions, airline services, and unemployment. It also broadens Social Security payroll contributions and tightens the 20 percent minimum tax for high earners while reducing oil depletion and expanding depreciation rules.
MENTIONED IN THIS ARTICLE
Congress
IRS
Treasury Department
Israel agrees to US plan for PLO exit from Beirut
Israel approves the U S plan to evacuate the PLO from West Beirut and expects guerrillas to free a captured soldier and a pilot as withdrawal begins. Lebanese sources say the soldier, pilot, and nine Israeli bodies will be handed over today. At the U N the PLO wins a diplomatic vote condemning Israel 120 to 2, with US abstention. Greece breaks ranks as CME members abstain.
MENTIONED IN THIS ARTICLE
Gazette Wire
Israel
U.S
PLO
West Beirut
United States
Security Council
Lebanon
Greece
Amana recalls 40 workers as total year gains reach 560
Amana Refrigeration Inc plans to recall 40 furloughed employees effective Aug 30, lifting the year’s recall to 560 as finished goods sales improve. Current Amana plant employment sits near 2,000 with prior layoffs since April last year reducing total staff from about 3,000. Rockwell-Collins in Cedar Rapids postpones a layoff announced earlier in the week. 140 surplus jobs were posted, with 56 workers finding other positions and a net layoff near 85. A spokesman says the listing is paused and reevaluation set for Sept 1.
MENTIONED IN THIS ARTICLE
Amana Refrigeration Inc
Rockwell-Collins
Cedar Rapids
Amana
Raytheon Co
Lexington
Mass
Iowa
Also Mentioned on This Page
Tokyo
Linn
Abby
Marion
United Nations
Matic
General Assembly
Mideast
Rockwell
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