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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Apr 15, 1977
Page
4
A compact pair of maxims tracing timeless wisdom from Ecclesiastes to General Marshall. The quotes urge recognizing patterns, living in the present, and focusing on future objectives without dwelling on the past.
President Carter faces a credibility test as he retreats from a proposed $50 rebate for lower and middle income taxpayers. Treasury Secretary Blumenthal argues underspending requires stimulus, while reports show first quarter growth at 4.5 percent. The reversal and possible tax credit cancellation deepen concerns over monetary policy and public confidence.
Guilford and Forsyth lawmakers with Gov. Hunt and Triad Park Commission head a renewal effort to fund a new state park near the population centers of Guilford and Forsyth. Costs are estimated at 5 to 9 million dollars, with talks of a local bond and state maintenance. A previous 1969 bond defeat looms as a key hurdle.
Americans living overseas protest the Tax Reform Act of 1976 as unfair and costly. The law cuts from 20000 to 15000 the foreign income exempt from tax and ends the foreign tax credit, raising doubts about U.S. firms abroad and pressuring expatriates to return home. Some plan to renounce citizenship while others seek to delay or avoid. The June 15 deadline looms as lawmakers debate long term effects on exports and opportunity.
A conservative view argues against creating the Agency for Consumer Advocacy proposed by President Carter. The piece criticizes adding a new bureaucracy while highlighting recent cost and policy shifts, questioning who truly represents consumers and warning of expanded government reach and delays.
UCLA psychiatrist Dr. L J West and Dr. Margaret Singer say Patty Hearst lacked a fair trial despite her 1974 SLA bank robbery conviction. They describe her as a battered child shaped by torture and fear, with jurors misled by government evidence and missing the full mental condition report.
Washington reports a playful mock plan by Martha's Vineyard and Nantucket residents to secede. A dinner party at William Styron's beach features quotes from Hellman Hersey and Roth about fuel food and aid. Katharine Graham is proposed as prime minister amid mock talks of a Declaration of Independence.
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