Dividend withholding proposal for personal income tax
The article proposes a dividend withholding system where corporations withhold tax in advance on behalf of stockholders, similar to payroll tax. The system would require no itemized dividend payments, with refunds if overwithheld and balances due if underwithheld, plus hardship exceptions. Britain already taxes at source with three rates, and most individuals avoid double taxation on dividends.
MENTIONED IN THIS ARTICLE
Treasury
Great Britain
Two incidents from 1930s paper recall near misses and arrests
Taken from Journal Files April 14 1930 describes Elner Westley of Worth Street narrowly escaping death after his sweater sleeve caught in a lathe. He is hospitalized at Corry with serious injuries but no fractures. A Mohawk Condensed Milk official relocates his offices to a plant in Sherman New York and plans moving his family to Corry.
MENTIONED IN THIS ARTICLE
Elner Westley
Worth Street
Westley
Corry Hospital
Hope 45
C. W. Updegrave
Mohawk Condensed Milk Company
Carnation Mil Company
Sherman
N.Y
Foint
Mr. Updegrave
Corry
Elston
Park Street
Tamessawn
Kane
Alvin
V. Reynolds
Reynolds
Jamestown
Ani East First Street
I Q Quiz and Education Questions From a Vintage Page
A noisy mixed text presents a 10 question IQ style quiz with true false and correctness prompts, followed by a local obituary notice fragment for Mrs Agnes Phillips and family, the Sherman church service details, and a Vermont New York maple syrup production note from the National Geographic Society. The material recalls a period newspaper style with classified page hints.
MENTIONED IN THIS ARTICLE
Port-of-Spain
Bahamas
Trinidad
Spain
U.S
Senaffm
Germany
Chester T
Vermont
New York State
National Geographic Society
Withholding Tax on Corporate Dividends Proposed
House Ways and Means plans a 10 percent withholding on dividends to curb evasion. The move targets tax loopholes and could raise at least 150 million yearly. In 1947 dividends reported totalled 65 billion while individuals listed 4.8 billion in receipts. Some funds went to corporations, tax exempt groups, or low-income filers.
MENTIONED IN THIS ARTICLE
House
Ways and Means Committee
Otter Corporation
Plane crash near Washington kills three aboard
A four passenger private plane crash near Washington yesterday killed three men from Washington. Richard Spencer an machinist and aviation instructor Leroy Couts a 24 year old student pilot and mechanic and Harland Robinson a 28 year old garage operator died as the craft made a rough approach to land at an airport. Cause undetermined though sun glare may have blinded the pilot.
MENTIONED IN THIS ARTICLE
Butler
Spencer
Theat ‘Tri State Aviation School
Coats
Robinson
Itlde
Also Mentioned on This Page
Thorea Ely
Ralph Ely
East Pleasant Street
Miss Ely
Baldwin-Wallace College
W. J. Ryan
Concord School
Spouses Botts Concord Parent Teacher Association
D. A Hillstrom
Corry Jamestown Mfg. Corp
Swedish Chamber of Commerce
Chamber of Commerce of the
United States
Washington, D. C
Knudsen
Detroit
Clara E. Knudsen
William
Cleveland Plain Dealer
S. Knudsen
Bowles
RFC
NRCA
OPA
California
Russia
Phil Ups
Edward's Chapel
Phillips
Leo W. McGaughey
Sherman Cemetery
Spitzer
Keystone, VanCise’s
Pennsylvaia
NEA
Eng
Powell
North Center Street
Stewart’s Hat
Penelec
Pennsylvania Electric Company
E. T. Cherry
Brigham Hardware Store
S. Center
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