Plan to tax fringe benefits under new IRS chief
Washington reports that Jerome Kurtz, named head of the Internal Revenue Service, urges taxation of fringe benefits such as lunches, office parking, and free airline trips for employees. He notes some benefits like health insurance may remain tax free, while others of small value could be taxed. He argues employment benefits are taxable income and says auditing will increase to curb tax avoidance.
MENTIONED IN THIS ARTICLE
Washington
UPE
Carter
Internal Revenue Service
Jerome Kurtz
Kurtz
Kurlz
News & World Report
Philadelphia
IRS Curna
Manhattan
Fremont GM warns of layoffs if Congress adjourns without clean air bill
GM President Elliott Estes warned in Detroit that if Congress adjourns for summer without a new clean air law, Fremont plant and other facilities may halt 1978 model production risking large layoffs for more than 5,300 workers. Executives note delays could push new models to dealer showrooms and disrupt production across half of GM’s U.S. plants.
MENTIONED IN THIS ARTICLE
Fremont
General Motors
Congress
Elliott Estes
Detroit
Stan Maddox
Estes
House
Senate
Theremont
Maddox
Esles
U.S
Autonmive News World Congress
Massive Vault Robbery Nets $1.1 Million In Valuables
In Banta Ana bandits seized two walk in vaults at Swiss Vaults Inc taking bullion coins and currency valued at about 1.1 million. Four or five suspects used a gun to force entry and spent about two hours looting multiple deposit boxes and unsecured valuables. Police pinning names to the crime.
MENTIONED IN THIS ARTICLE
Banta Ana
Carrani
Carano
Carrano
Key arms decisions face President Caster on neutron bomb and MX
The Today’s Review notes President Caster must choose on the neutron bomb and the MX missile still under construction as a major policy fork. Also brief mentions include a store robbery wound and court assignments in Hayward, along with column commentary on world power and Rennie Davis.
MENTIONED IN THIS ARTICLE
Caster
Weather outlook for South County fair with foggy nights
Forecast calls for fair conditions in South County with low clouds and patchy fog mainly at night and morning. Daytime highs in the 70s for most areas and cooler 50s at night. More details on page 4.
MENTIONED IN THIS ARTICLE
South County
Hijackers seize Soviet jet as hostage crisis unfolds
In Helsinki, two armed Russians seized a Tupolev 134 with 29 aboard. Five hostages escaped as negotiations continued. The hijackers freed 41 earlier, including women and children, and threatened to blow up the plane unless fueled and refueled to reach Sweden.
MENTIONED IN THIS ARTICLE
Helsinki
Finland
UPI
Stockhalm
Arlanda
Sweden
Damascus
Syria
UPS
Air Kuwait
Palestinian Liberation Organization
Abu
Repossession Specialist Faces Close Calls in Fremont
Fremont's Ron Truelsen runs Active Auto Recovery and repossesses cars in the Bay Area. He recalls a hearse repossession and notes about a dozen cars await auction or return monthly. Truelsen, ex Marine, says gun threats occurred but he continues with authorization checks to calm confrontations.
MENTIONED IN THIS ARTICLE
Laurie Slothower
Fremont
Ron Truelsen
Can
Truelsen
Also Mentioned on This Page
Richard Green
Hayward
Manuel Marcieo
Castro Valley
Sunny
Vinnce
Bill Delay
Golden Gate
San Leandro Hayward
Hayward Hall of Justice
Rennie
Rennie Davis
Chicago
John Byner
Ray Otrock
Ryner
Pleasanton
Hay
United States
Michael Novak
Ann Landers
Ark Bath
People’s Doctor
Crossword
Women's World
Vey
Petrovskoye
Moscow
Leningrad
Stockholm
Soviet Union
Beirut
Karwait
Kuwait
Lebanon
PLO
South Yemen
al Fatah
Saed
Herman
Larry
Dave
Frermont
San Jose
Oakland
Trelsen
exMarine
OPM
Bank
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