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Newspaper
Corry Evening Journal
Location
Corry, Pennsylvania, United States of America
Date
May 19, 1977
Page
2
Corry, a small town, has received substantial federal funds including $152,000 from Housing and Urban Renewal. The piece questions whether the benefits justify the costs, noting urban renewal’s gains and losses, dependence on subsidies, and the need for prudent, independent planning rather than a perpetual free ride.
Parents with working children gain from the 1977 Tax Simplification Act which raises tax-free earnings for youths. The plan combines the Zero Bracket Amount, personal exemption and a 35 dollar tax credit to wipe out any federal tax, enabling employers to boost take-home pay without raising wages. Parents should ensure their child’s earnings are exempt from income tax withholding to receive the benefit now.
A Prentice Hall guide explains how to use Form W-E for a child with no tax liability and no expected liability in 1977. It covers dependency tests, credits up to 180 dollars, and the employer parent rules, stressing legitimate wages, payroll taxes, and safe use of earnings for college.
A reader laments high National Fuel Gas balanced bills and plans to drop balanced billing, citing a $40 monthly bill rising to $90 for spring months, criticizing monopolies and ad spending. Another letter praises local merchant involvement but urges support for Corry’s shops first, noting price differences and asking clubs to back community projects.
This column argues long term gas supplies exceed a thousand years given coal and gas reserves, cites a 10 year natural gas projection, and critiques price caps while urging higher prices to spur Devonian shale and Gulf region methane development. It highlights U S energy security risks from foreign oil dependence and calls for increased gas production.
The piece warns authorities about a reported KCIA order to assassinate Kang, an exile critic of Park, detailing past abductions and intimidation against Korean dissidents in the United States. It notes Kang’s safety measures and ongoing radio attacks on the Park regime, plus related political intrigue and a separate note on a maritime kickback settlement involving Donald Brunner.
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