Conferees Agree On Tax Bill To Cut Taxes for Most
Conferees reached final agreement on a two bill tax package for most Americans under President Carter. The measure, headed to Congress for final approval, revises the standard deduction and speeds returns, while preserving an employment credit and limiting investment credits. It excludes the $1 rebates feature and faces a projected multi year cost, with net reductions totaling 2.8 billion this year and rising in subsequent years. The package aims at simplifying filings and encouraging hiring, but drops several preferred tax breaks for business and households.
MENTIONED IN THIS ARTICLE
Washington
House
Senate
Carter
Saillion
Treasury
Bilion
Congress
Laurence Woodworth
Danville council halts bus service amid subsidy debate
Danville officials faced strong public input as council voted on a bus subsidy linked to DTPC, risking city takeover of the system. Supporters urged action, citing mobility needs for workers and seniors, while opponents warned of federal strings and unsustainable costs.
MENTIONED IN THIS ARTICLE
Robert Thompson
Danville Area
Council
Aubrey K. Ferrell
Sampson
Danville
Sam Patterson
Patterson
R. J. Barbour
Charlie Summers
America
Washington
Mrs Carter To Visit Seven Latin Caribbean Nations
President Carter announced that his wife Rosalynn will visit seven Latin American and Caribbean nations in the first two weeks of June to hold talks with leaders and express friendship with southern neighbors. He noted he cannot accompany her this time.
MENTIONED IN THIS ARTICLE
Washington
Carter
Rosalynn
Weather notes for Virginia and North Carolina forecast
Partly cloudy in Virginia with a chance of showers or thunderstorms and highs from mid 50s to mid 70s, plus a mid 50s to mid 60s night. North Carolina sees variable cloudiness with afternoon showers and highs mainly in the 70s, plus mid 50s to mid 60s overnight. Downtown log records calm winds and a trace to light rainfall.
MENTIONED IN THIS ARTICLE
Virginia
North Carolina
Kansas broadcast executive shot dead in Topeka
Thad Mr. Sandstrom, a Kansas broadcast executive and vice president for Stauffer Publications, was shot to death Tuesday in Topeka in what police called a murder and possible suicide attempt. His wife Milda, 53, was hospitalized for an apparent overdose of pills.
MENTIONED IN THIS ARTICLE
Kansas
Thad
Sandstrom
Topeka
Kan
Milda
Stauffer Publications
Judge Craven Dies in Richmond at 59
Judge J Braxton Craven Jr of the Fourth U S Circuit collapsed while playing tennis at the home of Judge Robert Merhige in Richmond and died on arrival at Marys Hospital He was 59 and had been visiting for the monthly appellate session He was born April 2, 1918 in Lenoir North Carolina and rose from Duke to Harvard Law before serving on various North Carolina judgeships and finally the federal appellate bench
MENTIONED IN THIS ARTICLE
Richmond
U. S. Circuit Court of Appeals
J. Braxton Craven Jr
Craven
Asheville
N. C
Robert R. Merhige Jr
1St. Mary's Hospital
Appeals Court
Lyndon B. Johnson
U. S. Senate
Lenoir
Duke University
Harvard
U. S
Charlotte- Asheville
Superior Court of
North Carolina
Susan S$. Craven
Merhige
Alleged Nazi Collaborator Cleared After 36 Years
Margaret Wunderle of Philadelphia endured 36 years of fear and unemployment after being labeled a Nazi sympathizer by the Navy in 1941. She pursued appeals from presidents, generals, and officials, finally vindicated after a Carter administration review and Navy inquiry.
MENTIONED IN THIS ARTICLE
Margaret Wunderie
Philadelphia
Navy
Syear-old
Philadelphia Navy Yard
Margaret Wonderle
Carter
Germany
Miss Wunderle
Miss Wuriderle
Campbell Official To Press Three Manslaughter Charges
Rustburg AP report says Campbell County judge found no probable cause for manslaughter charges in the March 8 school bus crash that killed Linda Davis II Terry Lynn Hale and Melinda Kay Hollie. Commonwealth plans to present to Monday grand jury for involuntary manslaughter indictments against Theodore N Templeton of Winston-Salem NC.
MENTIONED IN THIS ARTICLE
Rustburg
Campbell County General District Court
Commonwealth
James Farmer
Theodore N. Templeton
Winston-Salem
N.C
Adlv
E. Bruce Harvey
Templeton
Linda Davis, II
Terry Lynn Hal
Melinda Kay Hollie
Ardler
Energy plan stirs debate on rebates and funding shifts
Democratic leaders at a Waite House breakfast argued the gas tax proposal could pass if rebates to Americans were dropped and revenues redirected to transportation programs and energy research. Alan Cranston said Carter listened but made no commitment. Federal Reserve chief Burns warned the energy plan could trigger short-term turmoil yet may pay off long term, calling it highly complex.
MENTIONED IN THIS ARTICLE
Carter
Waite House
Alan Cranston
D-Calif
Cranston
Federal Reserve Board
Arthur Burns
Senate Banking Committee
Burns
Tax deadline prompts tax-free long term savings pitch
A dated sales pitch claims April 15 tax deadlines cut interest earnings and urges readers to avoid current income tax on long term savings. It promises safety and liquidity while growing future spendable income and provides a mail coupon and a contact, William M. Ballard, in Tennessee.
MENTIONED IN THIS ARTICLE
William M. Ballard
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Easterwood
College Station
Texas
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Howard McNier
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Womack
W. Ewell Barr
Aud Tion
DICP
Wilson
DTCP
Lindsey
Jdurich Taxpayers
Howard W. “Stony” Bolton
Transportation Committee
Bolton
A. K. Andersen
Anderson
Mrs. Carter
United States
Robert Strauss
Latin America
Pox
Igures
Ugh
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Rhone
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NOAA
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Gen
Douglas MacActhne
Henry al Kissinger
Jack
White House
Campbell
the Register Publishing Co., Inc
Union St
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Empire
Central Park
Weshly Salel Broadway
63Rd Steen, WC
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