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Newspaper
Corry Evening Journal
Location
Corry, Pennsylvania, United States of America
Date
Mar 20, 1974
Page
2
The piece questions lawmakers’ claim that constituents are disillusioned after a recess. It argues Congress has spent too much, taxed too heavily, acted slowly, bowed to TV pressure, and favored its own perks, causing wide public unease and calls for self examination.
Continental Illinois forecasts for 1985 project GDP growth from 1.3 trillion in 1973 to about 2 trillion in 1985 after inflation. Inflation near 3 percent, rising median income to 12 000, 60 percent of families earning 10 000 plus in 1985, and a shift toward more service sector jobs. The bank expects higher female employment, less federal involvement, higher housing demand, and growing world income inequality as trade accelerates.
Investigators trace 1970 71 cash flows through Bebe Rebozo in Key Biscayne reaching a Swiss link while probing Nixon tax returns. A Paris Geneva trip to follow funds is planned. Rebozo denies wrongdoing. committee aims to determine tax owed and defers fraud claims to IRS. Police style notes highlight petty deductions and Ford’s contrasting approach. Political prosecutions surge nationwide with Rooney aide Kovacs under a DOJ inquiry.
In a personal letter to columnist Jim Bishop, Mrs. Sittig of Canfield Ohio recounts her long cancer ordeal beginning with a frightening tongue biopsy and continuing through multiple surgeries radiation therapy and painful treatments. She describes support from family doctors nurses and her husband and reflects on mortality faith and hope as she remains devoted to teaching and singing. The piece ends noting a negative biopsy followed by implants and extended isolation after radiation treatment.
A reader asks if selling a house to a son for one dollar avoids inheritance taxes. Advice notes state 6 percent state inheritance tax on the estate after exemptions, and federal tax only if the estate exceeds sixty thousand dollars. A deed costs money and ownership would pass, potentially removing the home from the couple’s control.
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