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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Aug 08, 1949
Page
3
Washington reports that this year the average American pays 25 cents in federal, state, and local taxes for every dollar earned, with Senator Byrd estimating taxes would rise under proposed cuts. The piece discusses fiscal battles, projected tax totals, and the pace of national production comparing 1941 and 1949.
Senator Byrd warns lower goods production reduces tax receipts as Uncle Sam faces a stagnant $252 billion debt. He notes President proposals for education 414 million and natural resources 1.9 billion surpass 1941 levels, with finance industry protections at 107 million. Over 5 000 NC farmers and homemakers plan to attend Farm and Home Week at State College Raleigh August 8 11.
The Britannica distinguishes Commonwealth from empire, listing the empire’s parts as the United Kingdom the dominions colonies protectorates and protected states plus joint rule areas. Dominion status began with Canada in 1867 New Zealand 1870 Australia 1900 and South Africa 1909.
Kernersville July building permits total 27130, per building inspector Ned R Stuart. We note additions and new dwellings for Sam F Vance Jr Conrad Crutchfield Ed Whitaker J W Corum R J Smith Cash Feed Store Connie Manuel Catherine Jones and others plus repairs and reroofing on several homes. An unrelated Treasury note on daily currency counts and metals byproduct follows.
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