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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Nov 16, 1956
Page
5
Report details planned debt options for improvements with 44 year bonds and building fee collections. Proposes city sales taxes up to 1 percent and four state aid payments to junior colleges. Calls sweeping changes to income tax aligning with federal rules, withholding by employers, income splits for couples, $400 personal exemptions, and abolition of personal property tax on household items.
The Tax Study Committee urges passage of a state withholding income tax law. Elmer E. Heckinger says Iowa could gain 1.5 million dollars in the first year from previously non taxpayers. Other recommendations include shifting highway funds, tightening school aid formulas, taxing endowment property, and broadening taxes on corporate income and certain utilities.
Des Moines Iowa Rep W J Johannes Ash ton will be the sole Democratic member to return to the Iowa House Tax Study Committee He will handle the committee's report in the lower house Johannes was the only Democratic member on the panel The committee includes four Republicans with three other members defeated in the general election One more Senate member Henry Heiderman was also defeated The 12 member Tax Study Committee was set up by the 1955 g r a n tle chairs.
A bipartisan 18 month study by a 12 member committee proposed uniform state highway assessments and greater state funding. The report, to the governor, covered 45 recommendations and examined tax structure while noting possible no major reforms. University critic Prof Robert Johnson signed with a 15 page supplement urging state tax changes.
A man stopped on the road Thursday to remove a can trapping a small animal's head. The animal, a skunk, slipped free and left a noticeable odor as it fled.
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