Tax Reforms Hit Municipal Bonds and Retirement Income
Washington House Ways and Means Committee advances tax reform tying reform to surtax extension. Proposal would end tax exemption for most state and municipal bond interest, favoring taxable bonds with government subsidies. Protests from National Governors Conference and others follow. Also includes rules to tax stock reimbursements and tighten taxation on deferred compensation and bad debt reserves. Settlement payments totaling 19 million approved in Philadelphia price fixing suit against 13 copper and brass producers with 1,300 claimants.
MENTIONED IN THIS ARTICLE
Washington
House ,Ways and Means
Charles A. Vanik
House Committee
Senate Finance Committee
Congress
Ohio
Senate
House
National Governor’s Conference
National Association of Counties
National League of Cities
Sevier
Philadelphia
Anaconda American Brass Co
Scovill Manufacturing Co
Phelps Dodge Copper Products Corp
Calumet & Hecla Inc
Chass Brass and Copper Co
Lighting Corp. of America
Reading Tube Corp
Revere Copper & Brass, Inc
Triangle Conduit & Cable Co
United States Smelting, Refining and Manufacturing Co
Rocket destroys US center as 9th Division prepares to leave
In Saigon a Soviet built 07mm rocket at a 9th Division processing center killed two and wounded 21 as 8 of the 4th Battalion, 47th Infantry, prepped to fly home Sunday. The attack accompanied ongoing withdrawals aimed to reduce U.S. troop strength by 25,000 by August. U.S. commanders noted some increase in small skirmishes across South Vietnam and reported the rescue of a badly wounded missing American, Spec. 4 Larry D. Aiken, after a firefight southwest of Da Nang.
MENTIONED IN THIS ARTICLE
Saigon
9Th Division
U.S
Dong Tam
47Th Infantry
United States
Nixon
9Th Marine
Demilitarized Zone
Quang Tri
Vietnam
Okinawa
9Th Marines
South Vietnam
Larry D. Aiken
Jamaica
N.Y
da Nang
Tay Ninh
Black Virgin Mountain
Strategic Air Command
Corry Area Faces Delayed State Bonus After Pay Increase
Pennsylvania districts await $85,713 in Act 96 bonuses as Corry jointure and 85 others, including Columbus Township and Wayne Township, see higher starting teacher salaries to $6,000 with some districts adding $300. Budget standoff delays funding, affecting vocational, technical and special education programs amid stalled appropriations.
MENTIONED IN THIS ARTICLE
Pennsylvania
Corry
Corry Jointure
David H. Kurtzman
Harrisburg
Kurtzman
Columbus
Concord Township
Elgin Borough
Spring Creek
Wayne Township
Nerve gas testing exposed by Army locations
Congress members press for suspensions and full reporting after Army admits open air nerve gas tests at Dugway Utah Edgewood Maryland and Fort McClellan Alabama. Reuss Mathias Long urge halt until safety and plans are reviewed amid past Dugway sheep deaths.
MENTIONED IN THIS ARTICLE
Army
Washington
Henry S. Reuss
House
Government Operations
Dugway Proving Ground
Utah
Charles McC. Mathias
R-Md
Clarence D. Long
D-Md
Edgewood
Apollo 11 Crew Resting to Fight Fatigue Before Moon Launch
Apollo 11 astronauts slow training to ensure rest before launch at 9 32 a m EDT Wednesday. Dr Charles Berry notes fatigue was the only concern and praises the pilots for maintaining fitness as Armstrong Aldrin and Collins prepare for moon landing, surface work, and return rendezvous.
MENTIONED IN THIS ARTICLE
Cape Kennedy
Fla
Charles A. Berry
Berry
Neil A. Armstrong
Edwin E. Aldrin Jr
Michael ‘Collins
Nixon
Armstrong
Aldrin
Collins
Moon mission to plant flag and leave space relics
Apollo 11 will plant an American nylon flag on the moon and leave a mission plaque. Neil Armstrong and Edwin Aldrin will document the step with photos as the lunar module’s descent stage and 17 pounds of tools, plus a laser reflector and seismic instrument, remain on the surface.
MENTIONED IN THIS ARTICLE
Moon
Earth
Nixon
Cape Kennedy
Fla
World Watch
Also Mentioned on This Page
Donald Raisley
Robert Fleetwood
Corry State
Licari
Smith
Journal
Johnnston
Oil Creek
Alvin Reynolds
Falconer
Cong Rocket
Edgewood Arsenal
Maryland
Fort McClellan
Ala
Reuss
Dwis
Long
Dugway
Apollo
Columbus Avenue
McMichsel
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