Tax relief or tax shift in Shapp plan draws questions
The Milton Shapp tax reform mixes relief and increases. Senior Citizens Property Tax Assistance Act offers up to 200 dollars per home for eligible elderly and disabled owners. Corporate and sales tax changes net mixed outcomes, with industry gaining while individuals face higher net costs. Washington gossip places Humphrey allies in future top posts amid criticism of Nixon appointments and a controversial Surgeon General TV violence report fuel reads.
MENTIONED IN THIS ARTICLE
Milton Shapp
Uniontown Herald-Standard
TV Violence Report and Researcher Critique Sparks Debate
A May 11, 1970 disclosure shows Health, Education and Welfare allowed TV industry veto power over a public advisory committee on violence. Seven scientists critical of TV violence were replaced by industry-linked researchers and network staff. Dr. Monroe Lefkowitz condemns the Surgeon General report as distorted harming children. The program is criticized as tainted from the start with a cavalier stance on TV murder and mayhem.
MENTIONED IN THIS ARTICLE
Monroe Lefkowitz
Health, Education and Welfare Department
TV Industry
No legal required to marry a foreigner in another country
The law allows marrying a foreign person without government permission beyond a standard marriage license. Immigration quotas and entry rules may affect bringing a spouse to the United States, so verify with the U.S. Department before marrying abroad to avoid later separation amid immigration processing.
MENTIONED IN THIS ARTICLE
United States
United States Department
Inflation stretches credit and fuels higher costs
AMA reports warn inflation chills buyers and feeds more inflation as credit burnout lengthens payment times. Dr. Ernest W. Walker notes rising prices erode receivables value, turning buyers into slow payers and sellers into lenders, raising costs and likely prices.
MENTIONED IN THIS ARTICLE
National Association of Credit Management
Ernest W. Walker
Consumers Forecast Stock Markets, Says Sindlinger Study
A 15 year Sindlinger & Co study finds U S consumers forecast stock market direction two months ahead with 88 percent accuracy, suggesting consumer sentiment heavily drives economic outcomes and that professionals may not be best at predicting markets. The piece also touches on inflation, credit costs, and other economic themes of the era.
MENTIONED IN THIS ARTICLE
America
Sindlinger & Co
U.S
Sindlinger
Pryor to 30 By Tim Pryor
Tim Pryor reports on IRS audit fears and deductions including property taxes and car costs. He notes attempts to rally AMA members for a constitutional convention to rebalance medical education funding and criticizes the association’s focus on politics over education. Dr Hall calls for major reforms and faster training to address physician shortages.
MENTIONED IN THIS ARTICLE
Association
AMA
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