Tax Withholding on Interest and Dividends Resisted by Voters
Small town bankers and middle income Americans united to defeat a proposed 15 percent withholding tax on interest and dividends. The plan, pushed by Senator Russell Long as part of a tax reform package to raise 2 billion dollars, failed 55-35 in the Senate. If enacted it would have affected about 50 million investors and imposed new burdens on banks and corporations. The author warns the idea may return after a delay.
MENTIONED IN THIS ARTICLE
IRS
Donald Alexander
Capitol Hill
Senate
Russell Long
Dla
Long
Uncle Sam
Congress
House
Stewart Abel
Columbus
Nebr
the Bankers Life
Des Moines
Iowa
Presidential panel foresees smaller cars post 1980
A Presidential Task Force panel forecast smaller cars with reduced size weight and speed while preserving interior space. Natives of over 20 agencies help eight panels to shape the future car goals beyond 1980 focusing on safety air quality and fuel conservation. The report warns higher land and construction costs may force oil firms to close marginal stations and consolidate.
MENTIONED IN THIS ARTICLE
Presidential Task Force
EPA
World economic summit fails to avert looming inflation crisis
The article argues that the planned gathering of seven major economies America Britain Italy Japan France Germany Canada and others will not solve deeper problems. It highlights higher inflation deficits and unemployment since 1972 and questions the effectiveness of OECD IMF and BIS channels amid a fragile upturn and potential renewed inflation. It notes dollar strength risks and warns against relying on stop go policy.
MENTIONED IN THIS ARTICLE
America
West Germany
Japan
France
Britain
Italy
Canada
IMF
Group of Ten
Bank For International Settlements
Organization For Economic Co-operation and Development
OECD
Gerald Ford
Britain An
Puerto Rico
Germany
Merrill elected chairman of Nebraska IEEE section
William A. Merrill, transmission and distribution chief at Nebraska Public Power District, elected chairman of the Nebraska Section IEEE. Merrill, a 1959 University of Nebraska electrical engineer, has long ties to NPPD and state professional groups. Ron Mortensen named vice chairman. John Lagerstrom becomes secretary treasurer. Jim Hanna Vern Tipton and others named to the board of directors from OPPD and Columbus district.
MENTIONED IN THIS ARTICLE
William A. Merrill
Nebraska Public Power District
NPPD
Columbus
Nebraska
Institute of Electrical and Electronics Engineers, Inc
Merrill
University of Nebraska
Nebraska Public Power System
Professional Engineers of Nebraska
IEEE
Ron Mortensen
Omaha Public Power District
OPPD
John Lagerstrom
Lincoln
Jim Hanna
Vern Tipton
al Spangler
UP expands 1976 locomotive order and other equipment
Union Pacific adds 30 more 3000 horsepower freight diesels at 17.1 million dollars to its 1976 plan bringing total locomotives to 73 plus 43 earlier orders and 1780 freight cars valued at 90 million. Additional items include 123 tri level auto racks 200 ballast cars and 3.6 million in other gear.
MENTIONED IN THIS ARTICLE
Electro-Motive Division
General Motor Corp
Move tips from BBB stress planning for a smooth relocation
The Better Business Bureau advises careful planning when moving to avoid cost overruns and damage. Choose established movers with references, obtain multiple estimates, clarify liability, insure valuable items, and prepare a detailed inventory and delivery plan for local or long distance moves.
MENTIONED IN THIS ARTICLE
Better Business Bureau
United States
Also Mentioned on This Page
Telegram Financial Page
Babson’s Reports Inc
Frank Macomber
Copley News Service
Tooleys
Economist
Big Seven
William Merrill
William J. Fritz
Northwest Electric Motor of Columbus
Electrical Apparatus Service Association
London
England
Mary Lou
The
Roger Modrow
Connie
Honolulu
IDS
Modrow
Tableservice
National Restaurant Association
NRA
Patrick O'Malley
Canteen Corp
Spencer Foods, Inc
Spencer
Schuyler
Frontier Airlines
Frontier
Omaha
Montgomery Ward
Chicago
UPI
Indiana Standard Oil Co
Alfred O. Munk
Platte Center
Coop Oil Company
Platte Center Village Board
Arden Mark
Columbus, Nebraska
Columbus Telegram
New York
UPD
Sperry and Hutchinson Co
E. Geno’ Brink
FIC
P.D. Box
Marvin D. Jensen
Aid Association For Lutherans
Appleton,Wis
Fraternalise Insurance
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!