Old Age Tax Takes Effect For Social Security Fund
Washington Jan 1 Taxes to fund the social security act became effective today affecting more than 23 million workers. Employers deduct 1 percent of the first 3000 in wages and must match, with first payments due February. About 2.5 million employers had registered and will file monthly returns for checks. Pensions begin in 1942 and range from 10 to 85 dollars monthly based on taxed wages. Some expect rate changes later as legal questions are resolved.
MENTIONED IN THIS ARTICLE
Washington
Treasury
The
Security Board
Internal Revenue Bureau
Congress
John G. Winant
Supreme Court
New Year Observances and Global 1935 Happenings
Reports note Russia joining celebrations as debts rise for New Year. Parties in Moscow and Washington mark arrivals and births while global tensions persist with Madrid bombardment and Japan warning of further difficulties. Philippine pensions and other world events dot the scene as many babies born at 12:01 a.m. across time zones.
MENTIONED IN THIS ARTICLE
Tom
Metropole
Moscow
Globe
Edward G. McLean
Washington
Jock
Spain
Madrid
Japan
Blum
France
Philippine
Riera
United States
Cleveland
Lily Pons Adds Ballet to Talents Night Around Trinity Church
News notes a festive New Year scene with Lily Pons adding ballet to talents and crowds at Trinity church for watch night. Reports of liquor, drunkenness, and hospital cases contrast with admiration from Broadway clubs and Moscow’s hot spots. The era's leaders send New Year messages amid global tensions.
MENTIONED IN THIS ARTICLE
Lily Pons
Ballet
Broadway
Kreen
Moscow
Duke of Windsor
Wallis Warfield
Simpson
Cannes
George
British Empire
Hitler
Germany
Michael Cardinal von
Munich
aEnena
Rimsky+Korsakov
Kietropoitan Opera House
Michael Fokine
New York
Berea Man Visits Father Over Holiday Break
Hollis Sheats from Berea Kentucky is spending the holidays with his father J N Sheats.
MENTIONED IN THIS ARTICLE
Hollis Sheats
Berea, Ky
His
J. N. Sheats
Also Mentioned on This Page
Russia
Joseph
Penney’s
Belle Isle
Els
Foweling
Cretonnes
ITOS
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