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Corry Evening Journal in Corry, Pennsylvania

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Newspaper

Corry Evening Journal

Location

Corry, Pennsylvania, United States of America

Date

Oct 01, 1976

Page

2

Tax credit proposal to aid parochial school tuition in Pennsylvania

Parole: In Pennsylvania a constitutional amendment would allow state income tax credits or deductions for tuition for primary and secondary parochial and other non-public school students. House sponsor Rep. Stephen F Freund notes rising private school costs and argues tax relief could keep children in private schools. prospects unlikely before 1977-78, with final approval possible by 1979-80 and voter ratification by 1979 spring primary.

Pennsylvania General Assembly Pennsylvania State House Pennnsylvania General Assembly United States Supreme Court Stephen F. Freund Delaware County Freind

Candidates of all sorts chase the 1970s presidential dream

The piece catalogs a wild mix of unlikely contenders including Sam Silverstein of New York and Eddie Collins of Sycamore Illinois, outlining their outlandish platforms. It lampoons fringe figures, from practical jokers to self-styled seers, with biting humor about the 1970s campaign scene.

Eddie Collins Sycamore Ilinois Eddie

New capital gains rules and their implications for 1976 77

The Tax Reform Act raises deductible capital gains limits to 2000 in 1977 and 5000 in 1978 and beyond. Transactions from prior years can still use these new limits. Strategies for year end 1976 must consider holding periods, long term versus short term gains, and potential losses under the revised rules. The column previews further explanations on related topics in October. Washington report notes Lockheed’s alleged misallocation of taxpayer funds to civil projects amid large government subsidies and loan guarantees. The company faces investigations and scrutiny over its accounting practices and separation of government and commercial costs.

Shadow of a Scandal Tangles Lockheed Funds and Hartke Case

A long report details alleged Lockheed fund diversions totaling over 45 million dollars in 1972, with the Renegotiation Board under scrutiny and calls for expanded GAO auditing. Separately, Senator Vance Hartke faced questions over his daughter's union employment and pay while Hartke backed legislation aligned with union interests, prompting political controversy and confidential memos about electoral influence.

Hartke Vance Hartka D-Ind Sandra

Also Mentioned on This Page

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