Middle class under threat from taxes and rising costs
The text argues the middle class pays most taxes yet receives few benefits from welfare, facing high housing, education, and healthcare costs while tax shelters favor the rich. It notes stagnant home sales, inflation, and the burden on families, urging careful tax policy to preserve initiative and opportunity. It also profiles Seattle First National Bank's small business course initiative that grew from a local program to a statewide expansion.
MENTIONED IN THIS ARTICLE
America
Banks seek practical guidance for small businesses in case study program
An old chestnut by John Cunnitt offers banks nationwide the rights to geographic areas to supply concrete, use now financial guidance to small firms. Case studies supplement discussions as students share experience, stressing the need for pro forma income statements and a 12 month cash budget to help firms plan and secure bank funding. In Washington, the Senate Intelligence Committee wrestling with CIA assassination plots questions presidential involvement, with testimony suggesting officials might lie to protect the president and debates over who authorized covert actions.
MENTIONED IN THIS ARTICLE
New York
Seattle First National Bank
Seattle
David Duryee
David Enger
Duryee
Senate Intelligence Committee
CIA
White House
U.S. Officials Tied to Global Assassination Plots
Draft congressional findings outline CIA plots to kill Lumumba Castro Trujillo and Schneider. Witnesses deny direct Presidential approval but suggest plausible deniability and lack of formal records. The report, about 200 pages, is being revised with key witnesses recalled. final release expected month’s end.
MENTIONED IN THIS ARTICLE
CIA
Cuba
Fidel Castro
Castro
U.S
Kennedy
Legal Drama Triggers California Lawsuits and Reform Talk
A broad survey notes California frequent lawsuits over minor injuries and odd claims, including a $1.5 million suit for back pain from a rescue and a $500,000 sex appetite claim after a cable car incident. It cites Rae Adler’s $100,000 suit over a “mean snake” and a poodle rape accusation in San Bernardino, while discussing insurance, employer liability, and rising legal costs. The column then shifts to commentary on inflation, urging expense cutting and budget balance as a remedy.
MENTIONED IN THIS ARTICLE
Rae Adler
Los Angeles
What Can You Do Without Inflation Solving Tips
A reflective column discusses balancing income and expenses to stay solvent amid rising wages. It suggests individuals cut back on luxuries, rethink success beyond possessions, and adopt a new attitude toward consumption to combat inflation, posing the question what one can do without.
MENTIONED IN THIS ARTICLE
Everest
Also Mentioned on This Page
John Cunnitt
Washington
Senate
Dwight Eisenhower
John Kennedy
Lyndon Johnson
Richard Nixon
United States
Committee
Saigon
South Vietnam
Ngo Dien Diem
Nixon
Richard Helms
Chile
Rene Schneider
Helms
Henry Kissinger
Jac
Diem
Schneider
Allen Dulles
Patrice Lumumba
Etter
Carly Anys
Suchi Etderstoniging
Mhat Wiig
Anton
Dominican Republic
Rafael Trujillo
Organization of American States
Venezuela
Romulo Betancourt
OAS
Eisenhower
Trujillo
State Department
Santo Domingo
Henry Cabot Lodge
Ngo Dinh Diem
Salvador Allende
Paul Harvey
Mecca
California
Gloria Sykes
San Francisco
Supreme Court
San Bernardino
Pepsi
Redwood City
Calif
Santa Monica
Victor Cline
Corry
Arm
Chicago
Jackson Blvd
Pulaski
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