Plowback Tax Deduction Liked by Small Business
A proposed Plowback Allowance bill H.R. 3482 would let small firms deduct 20 percent of profits reinvested in the business with a $40,000 limit. The National Federation of Independent Business finds broad support, citing 72 percent in favor and 4 percent undecided, while note of Nebraska returns and multiple co sponsors.
MENTIONED IN THIS ARTICLE
Charles £. Chamberlain
Michigan
National Federation of Independent Business
United
Tis
Charles E. Chamberlain
Congress
He Federation
Nebraska
Chamberlain
Federation
Iowa reports over 70 percent crop acreage plowed
Iowa Crop Reporting Service said on Monday that more than 70 percent of the 1971 crop acreage has been plowed, up from last year. Weather earlier in the week favored field work while about 80 percent of seed acreage has been planted. topsoil reports show 55 percent short, 45 percent adequate and 4 percent surplus.
MENTIONED IN THIS ARTICLE
Des Moines
UPH
Iowa Crop Reporting Service
Columbus Junior High Honor Roll Lists 142 Students
The Columbus Junior High School third quarter honor roll names one hundred forty two honorees across ninth, eighth, and seventh grades. Notable lists include Luvie Berner, Celleen Bass, Ani Bremer, Greg Bullingta, and many more with extensive rosters for each grade level.
MENTIONED IN THIS ARTICLE
Columbus Juniar High School
Luvie Berner
Celleen Bass
Ani Bremer
Greg Bullingta
Kenneth Carlson
Sue Carter
Dana Deyke
Jon Ernst
Diane Vluckiger
Mary Fraser
Janell Geling
Stan Gembel
Keith Gilmore
Rena Hall
Debbie Heinrichs
Chancellor Varner Leaves Hospital After Treatment
Chancellor D. B. Varner of the University of Nebraska was discharged from the University Medical Center Monday after treatment for a bladder infection. A light schedule through Thursday and Friday was ordered, with full duties possible next week if he feels well.
MENTIONED IN THIS ARTICLE
Omaha
UPD
D. B. Varner
University of Nebraska
University of Nebraska Medical Center
Varner
Warner
Unicameral to Force Ward Voting in Two Nebraska Cities
Nebraska lawmakers moved to require Omaha and Lincoln to elect city council members by districts. The bill, backed by Sen. Barnett, faced rural opposition but passed a key vote to include Omaha. Critics argued it infringed home rule while supporters cited constitutional concerns.
MENTIONED IN THIS ARTICLE
Omaha, Lincoln
Lincgln
Omaha
Wallace Barnett
Lincoln
Barnett
Lincoln City
Harold Simpson
Urban Affairs Committee
Nebraska
Glenn Gandrich
Snyder
Herbert Duis
Gothenburg
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