Tax rebate favors low and middle incomes over high earners
President Ford’s proposed tax cuts would give larger net relief to low and middle income families than to high earners as energy price increases are offset. Estimates show a four person family earning 12 5 to 15 thousand would break even, with a typical 80 dollar minimum payment to adults if they owe no tax.
MENTIONED IN THIS ARTICLE
Gregory Nokes
Associated Press
Washington (Ap
Ford
Frank Zarb
Ford Tax Plan Proposes 1975 Rebate and 1976 Cuts
Treasury officials outline a $28.3 billion 1975 individual tax relief including a 12 percent rebate up to $1,000 and a doubling of the personal exemption to $2,600. The plan would eliminate about five million more taxpayers from the tax rolls for 1975 and cut rates, while a 5 percent cost of living ceiling could reduce Social Security benefits by about $25 billion in 1976.
MENTIONED IN THIS ARTICLE
Treasury Department
Edgar R. Fiedler
Treasury
Ford
State of the Union
Congress
Earnings on reservation not taxable, court rules
The New Mexico Court of Appeals ruled that a Comanche woman living and working on the Navajo Reservation is not liable for state income tax. It reversed a tax bureau decision granting no refund of withholdings from Mary Jo Fox, noting tribal affiliation and residency on a reservation support tax-exemption per federal practice.
MENTIONED IN THIS ARTICLE
Santa FE
New Mexico Court of Appeals
State Bureau of Revenue
Mary Jo Fox
Fox
Oklahoma
Shiprock
Vajo Reservation
Appeals
McClanahan
State Tax Commission of
Arizona
Arizona Tax Commission
Forester cautions Lamm over Ski Area Moratorium
U S Regional Forester William J Lucas says Governor Lamm and the State Land Use Commission were over anxious in seeking a ski area moratorium. He notes two new areas Kawaneeche Valley near Grand Lake and East Fork near Pagosa Springs are under study but cannot be designated for at least a year.
MENTIONED IN THIS ARTICLE
Denver
U.S
William J. Lucas
Richard Lamm
State Land Use Commission
Lucas
Colorado
Beaver Creek
Lamm
Land Use Commission
Vail
John Vanderhool
Kawaneeche Valley
Grand Lake
East Fork
Pagosa Springs
Man Wanted in Denver Held by FBI
Willie L. Dix, wanted on a first degree murder warrant in Denver, was arrested by the FBI in Tampa Florida on a federal unlawful flight to avoid prosecution charge. Dix is accused in the July 8 1972 shooting death of Dorothy Graves of Denver and will be returned to Colorado for prosecution.
MENTIONED IN THIS ARTICLE
Denver
Willie L. Dix
FBI
Tampa
Fla
Ronald Maley
Maley
Dix
Dorothy Graves
Joe Jennings
Colorado
Also Mentioned on This Page
Otal
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Zarb
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By Bil Keane
U.S. Forester
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Perry
Ekirbys
Eurek
Elco
Wrestrom
Ind Ave. Greeley
Calo
HAME
Icanbuyonec J
Johnstown
Colo
Mon.Thurs
Sat
Trenkeab Renmel
12Th Street
Tiss An
Greeley
Sharktooth
Ninth, Avenue
F.D
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