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Garden City Telegram in Garden City, Kansas

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Newspaper

Garden City Telegram

Location

Garden City, Kansas, United States of America

Date

May 05, 1981

Page

11

Income outpaces inflation as Sun Belt gains lead

A Commerce Department study shows per capita income rose faster than the 93.4 percent inflation over the decade, with Alaska top at 12,406 and Mississippi bottom at 6,508. Northeastern and West Coast states remain high earners, while Southeast and Rocky Mountain states stay lower. The report notes regional shifts and calls for coherent federal policy amid a growing Sun Belt advantage.

Washington America Sun Belt Commerce Department Alaska Connecticut Mississipi Lloyd Bentsen Texas New York City New York State Bentsen Snow Belt West Coast Southeast Rocky Mountain

Reagan era business outlook and risks to growth

New York AP reports that the Reagan era fuels optimism for private enterprise while warning executives against chasing short-term profits. Kenneth Randall of the Conference Board cautions that neglecting long-term investment could erode growth, jobs, and societal prosperity, despite shareholders’ focus on quarterly results.

New York America Ronald Reagan Kenneth A. Randall Conference Board Randall

Barterers clash with the IRS over tax rules

Pitt s burgh Trade Exchange, a four year old bartering club serving 1700 members and 720 companies, faces IRS pressure as it defends barter transactions as non taxable. The group trades up to 10000 goods and services, from clothes to cars, while the IRS targets barter as part of the underground economy.

Pittsburgh Pittsburgh Trade Exchange Internal Revenue Service IRS International Association of Trade Exchanges Joe Weiss Association Federal Weiss

Also Mentioned on This Page

Business Mirror Boards of Directors Diamond Jewelers N. Main Garden City HAM Kansas The Granville Kansas City Joseph Granville Monday Karen Erickson Charles Compton Universal Life Church Prairie Village Jackson County Holly Hill Fla Finney County Health Dept Ue Em Whittier Wood Products Amerock Cash & Carry Fleming & I
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