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Newspaper
Corry Evening Journal
Location
Corry, Pennsylvania, United States of America
Date
Oct 14, 1976
Page
2
The House Finance and Local Government Committee examines local taxes and proposes major changes. Occupation tax would be dropped to reduce inequities while funding must come from somewhere. Proposal suggests removing the earned income tax cap and possibly trimming real estate tax, or replacing with a broad income tax.
Paul Harvey critiques vulgar language in politics from Eisenhower to Nixon and highlights the Carter Playboy interview. He notes how crude comments harm public perception, mentions Vice President Rockefeller’s obscene gesture, and laments the spread of ribaldry in society. The piece references political figures and a call for civility amid a media age.
Hundreds of thousands face retroactive loss of home office deductions for 1976 under the 76 Tax Reform Act. Deductions now only allowed if the home is principal place of business or used for client meetings for the employer or business needs, with restrictions for employees.
A 1977 tax note explains new rules requiring regular and exclusive use of a home portion for deductions beyond interest and taxes. It questions if dividing a room with a screen can qualify and notes IRS clarification is awaited before filing Form 1040 due April 16, 1977. Also reports on Navy Trident submarines cracking issues and hints at Speaker Carl Albert's mood after leaving the gavel.
The piece portrays Speaker Albert’s fading grip as pressure from House Leader Tip O’Neill surfaces about his retirement amid talk of sex scandal risks. It lists O’Neill denial, Ford’s appointment of Eugene Girard to Latin American aid, and concerns over Citi bank losses tied to Panama. It includes a reader letter rebuttal about cheerleader bus transportation.
A letter complains about bus crowding on away trips with 53 team affiliates and argues cheerleaders need transport. The writer accuses Mr. Bennell of misrepresenting facts, recounts aiding junior varsity cheerleaders last year, and calls for a public apology to cheerleaders, the football team, and the writer.
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