Apples and Oranges in Tax Policy Analysis
Editorial notes Congress once exempted first 50 of dividend income from personal tax with a 4 percent credit on the rest, a relief for shareholders taxed twice—by corporate profits tax and then personal dividend tax. It criticizes eliminating these credits, arguing the Chamber says dividend credits spur job creating investments, while new investment credits target firms with depreciation and capital equipment. The piece emphasizes that capital must flow into corporations before equipment investment.
MENTIONED IN THIS ARTICLE
Chamber of Commerce of the United States
House
Ways and Means Committee
Secretary of the Treasury
Ste Mont
Safe Fourth of July Ways to Cut Drownings and Deaths
The National Safety Council urges two clear safeguards for Independence Day safety Learn to swim so no one drowns and use seat belts to reduce injuries in crashes NSC president Howard Pyle promotes these as sane keys to freedom from accident tyranny during the long Fourth.
MENTIONED IN THIS ARTICLE
National Safety Council
Howard Pyle
NSC
Substitute Gardener Solves Mintigolds Mystery by Birds
New York AP story recounts Boyle, an amateur gardener, misplacing mintigolds after transplanting marigolds and others to a tiny front garden. He notices plants vanish bite by bite, suspects cats, but a robin-sized bird is spotted yanking a marigold and flying away with it, solving the mystery.
MENTIONED IN THIS ARTICLE
Franco
Stilley
New York
South Korea fires about twenty thousand government workers
In Seoul, Lt. Gen Chang Do-young, Korea's military premier, announced that about 20,000 of the government’s 240,000 employees had been fired. He added another 20,000 would be set out for draft dodging or other reasons.
MENTIONED IN THIS ARTICLE
Seoul
Korea
South
Chang Do-young
Hungarian born producer defies networks over sex in TV
Ivan Tors, Hungarian born producer, testified before the Senate Juvenile Delinquency Committee that networks demanded more sex and violence to boost ratings. He recounted NBC and CBS pressures shaping his science and underwater shows while advocating wholesome content to protect youth and criticizing profit-driven changes.
MENTIONED IN THIS ARTICLE
Washington
Senate Juvenile Delinquency Committee
America
Ivan Tors
Torsthas
Joe Bailey
Doyle, Dane & Bernbach
Chemstrand
Tors
Senators
NBC
Tori
Eisenhower
Congress
Bailey
Levy David Levy
Levy
Jack Ballard
General Sarnoff
Ballard
CBS
Senate Committee
Dodd
Los Angeles
Malibu
Neg Distaff Lid
After three years of remodeling and upheaval at St. Catherine hospital, Sister Pia prepares to declare order in the home while clearing basement storerooms of misplaced odds and ends. Betty Loucks assists, noting Cat Placement Bureau calls and the hospital staff’s child care quirks as plans to return home begin.
MENTIONED IN THIS ARTICLE
Pia
St. Catherine Hospital
Betty Loucks
Ora
Loucks
Copeland
Childkens
World Today Adlai Finds Conditions Worse in South America
Washington AP reports Adlai Stevenson, back from Latin America, says conditions are worse with increased poverty and discontent. As ambassador to the UN, he notes communism’s appeal to the landless and the urgent need for long term programs in education housing and land reform.
MENTIONED IN THIS ARTICLE
Adlai
South America
Washington
Adlai Stevenson
Latin America
Kennedy
Stevenson
United Nations
Cuba
United States
Congress
Coffeyville Begins Centennial Festival With Pageant
Coffeyville Kansas launches a week long Centennial celebration featuring the pageant The Saga of a Century with more than 500 residents reenacting Coffeyville state and national history. Dalton raid reenactments recall the 1892 bank robbery attempt. The Dalton Defenders Museum moves downtown and a 100 year capsule is buried at the museum entrance.
MENTIONED IN THIS ARTICLE
Coffeyville
Dalton
Dalton Gang
Dalton Defenders Museum
Also Mentioned on This Page
Boyle Substitute
Garden City Telegram
Sunda
Telegram Publishing Company
East Chestnut
Robert Wells
Bill Brown Oy
Martin Smith
Garden City
Cocrte
Avaociated Preas
Associated Presa i
Cere Ashington
Drew Pearson
Will Battle TV Network
Mr. Levy
The
Puerto Rico
Saga
City Loan and Investment. CO
McAllister-Fitzgera Bobulman Hardware
Porter Lory & Reddy
Douglas
Tratefer, Lee & Woolman
Ache
Glaas
Total Amun
Gia
Goodyear
Kansas
Kansans
Fansler Tires, Inc
E. Fulton
City
Garden Spot
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