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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Oct 10, 1963
Page
4
Sylvia Porter explains potential capital gains tax relief under the 1963 tax bill as it affects profits from stocks securities and real estate. The piece notes current six month rules long term gains at up to 25 percent and outlines changing rules on losses and carryovers if the bill passes into law.
The item notes tax breaks for seniors aged 65 and over and mentions entertainment programming with Maury Wills appearing with Edie Adams on Thursday night at 9 Channel 9. It reads as a mixed local notice combining finance advice and a TV schedule update.
An analysis outlines new capital gains categories Class A and Class B under the 1963 tax bill and explains how holding periods affect taxation. It includes a numerical example showing potential tax savings by timing sales across 1963 and 1964 and notes the possibility of deferring gains to 1964 or discussing short sales with a broker.
Iowa City administrators teachers and scientists from area schools will meet on the Iowa State campus in Ames to assess the Visiting Scientist program now in its fourth year. T R Porter University of Iowa director says the meeting seeks suggestions from participants over the last three years. program funded by the Iowa Academy of Science SUI and National Science Foundation with a 1963 64 grant of 20370 dollars.
The article argues that Soviet scientific progress hinges on allowing freedom of thought in science, noting that true freedom in any field fuels timely breakthroughs and innovation.
The Rebel debuts with Nick Adams in the lead role on Channel 9 at 10 30 p m The program is introduced amid remarks on media health and public figures including Dr Glenn Seaborg and Leland Hayward continuing the week’s entertainment lineup.
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