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Cedar Rapids Gazette in Cedar Rapids, Iowa

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Newspaper

Cedar Rapids Gazette

Location

Cedar Rapids, Iowa, United States of America

Date

Dec 12, 1955

Page

24

Shoppers Baby-Sitter Service tax plan faces changes

The proposed bill would raise the social security tax to two and a half percent each for employees and employers starting January 1 1956, with gradual increases to nine percent by 1975. Self-employed rates would rise to three and three- quarter percent and then six and three- quarter percent. The vote also covers 1954 amendments and filing deadlines for farm operators and clergy seeking coverage.

Congress Richard Neenan YMCA Neenan James Rancy House

Government Opposes Lowering Social Security Retirement Age

The administration is expected to oppose lowering the retirement age for women and disabled persons in the next session. The House passed a bill expanding coverage and lowering ages to 42 for some groups, with hearings planned in the new year and Folsom urging caution on tax impacts.

Jaynes MacFarlan Washington Congress House Senate Falsom Iveta Culp Hobby Folsom Hobby Ways and Means Senate Finance Committees

Also Mentioned on This Page

Harrison Frank Murray Santa Claus Murray Mick States OF America Warren CIA Blales America E. Broughton Tnd Arve Ash Eely Thira A Vance Itt Landie Hanes Fran First Ave Cedar Rapids Simpoons House Swares Toys Penney FBI & Sat Dennis the Menace Menace Rowblight Shee Wtaker Kitometic Boontonware China
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