Senator Scott pushes study on uniform gasoline pricing
In a bid to curb price gouging, Sen. Hugh Scott urged a Federal Energy Office study on uniform gasoline prices. He cites Pennsylvania hardships as gas costs rise past 60 cents a gallon and calls for a fair national allocation, promising continued collaboration with FEO and Sen. Schweiker to lower prices. Amen, brethren.
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What is the Law About Minor Trust Accounts Explained
A bank account opened by an adult as trustee for a minor is not a formal trust. The donor remains the owner and taxpayer, using the donor’s Social Security number. The funds become the minor’s to own on the donor’s death, but taxation and estate treatment flow through the donor.
Washington Globetrotters and Tax Dodging in Congress
Jack Anderson frames a portrait of Richard Hanna and other lawmakers as globe trotting insiders. He notes Hanna's many overseas trips at taxpayer expense, senior officials traveling abroad, and the broader pattern of political travel amid tax scrutiny and diplomacy, with opinions on accountability and public sentiment.
Nixon gestures spark partisan fundraising debate
The White House did not deter a mass gesture and Nixon notes gifts up to 30 dollars are tax permissible but likely to be returned if no return address is provided. He calls the action partly partisan and likens it to a secret ballot while not endorsing it.
Hotel rates to soar by end of the 1970s expert says
An ex Helmsley-Spear executive, Steven Brewer, predicts luxury hotel double rooms in New York and major cities will reach $100 by the late 1970s. He cites rising land and construction costs, high occupancy needs, and shifting demand toward luxury, business, and specialized motels as the market adapts to a four day work week and evolving travelers.
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