Income tax reform looms amid maze of loopholes debate
Washington observers report tax reform efforts falter as lobby pressure sways amendments. Carter criticized the current system as unfair to the poor and prone to loopholes benefiting the wealthy. The Senate and House edge toward a compromise amid clashes over foreign irrevocable trusts and family oil trusts, with conference to reconcile versions.
MENTIONED IN THIS ARTICLE
NEA
London Economia: News Service
Washington
D.ebs
Jimmy Carter
Carter
Senate
Congress
Joseph Karth
Minnesota
Earth
Ways and Means
Sen
Walter Mondale
Mondale
Finance Committee
Russell Long
House of Representatives
Long
Senate Finance Committee
Kennedy
Senator Long
Senator Kennedy
Bedding Firms See Large First Half Growth in 1976
Bemco Associates reports beddings unit sales up 45 percent in the first six months of 1976 versus 1975 and 1974, and 93 percent higher than 1973. Quiltorama Posture IT and I show 49 percent gains over 1975 and 62 percent over 1974.
MENTIONED IN THIS ARTICLE
Bemco Associates Inc
Quiltorama
Vaughn's Manufacturing Co
Houston
Texas
Bemco
Vaughn's
South Texas
Remeo
Trade Winds Iran Arms Deal Stirs Big Fuss
New York reports Kissinger disclosed a plan to sell 10 to 15 billion in U.S. arms to Iran, with Iran selling billions in oil back to the United States. The piece notes potential job gains, bank lending shifts, and market reactions, plus a Detroit forecast on armored vehicle design involving Chrysler and GM.
MENTIONED IN THIS ARTICLE
New York
Nana
Henry Kissinger
United States
Iran
U.S
Treasury
Associated Press
Assoce
Kenan Treeport
Nc Pass Lane Co
Appromi- Leggett & Platt
Liraie Grau
Lowes CoriMa
Macks Stores
Atu Oy
Acrotten, Inc
American Furniture
Atlantic Pepsi Vaava
Eaumedia A
Oo Bankers Trust
Basset Furniture Jet
NC Natural Gas
Northwest Fin Corp
Black
Cora
Aya Peoples
Brenner
Philips Foscue
Burnup & Sims Mm Pre Corp
Burris Ind Wa Piece Goons
Cannon Mills VM
Piedmont Aviation Ay
Carmine Foods
Eche Carolina Cos Ins
Piedmont
Diamondhead Corp Me SC Nat! Corp
Pia Durham Lise Ins
Sea Natl Corp
Ergrapa the Ee Sa Super Dollar
Ma Fidelity Corp Af Va
Teleroat Leasing
Textiles Inc 1A
FNB
Thaltumer Bros
Forsyth Bak& Trust
UN Cara
Cache Investment L
Ba Wik Corp
Tey Isn
Wright Machinery
Dustin Iner
Figures For Jobless Could Show Increase
AP analysis outlines a seasonal adjustment formula that could add about 2.2 million to unemployment counts in the last five months of the year, potentially lifting the official jobless rate and complicating reductions before and after the November elections.
MENTIONED IN THIS ARTICLE
John Cunniff
New York
Julius Shiskin
Labor Statistics
Albert Sindlinger
Sindlinger & Co
Media
Sindlinger
Jack Bregger
Labor Department
Also Mentioned on This Page
High Point Enterprise
Edward Kennedy
Louisiana
Rose
Huey Long
Bemco Sales
Insurance Service
Rudy Hinnant Insurance Agency Inc
Santa Monica
Calif
College Village
Jerry
Jane Willis
Coppedge Studios
Wills
Cannon Mills
Kannapolis
Cannon Mills Co
Gulf & Western Industries Inc
G&w
Cannon Common
Mary M. Oxendine
W. F. Raleigh Co
Ms. Oxendine
Rawleigh
Staunton
Smith’s Transfer Corp
National Securities & Research Corp
Center For Management Development
Wake Forest University
Winston-Salem
Detroit
Army
Chrysler
General Motors
Lyles Chevrolet
1800 N. Main
Lee
Howard Stutts
Larry Forreste
Siderton Dodge
High Point
William
Bell
Parks Leasing, Inc
Kernersville
Parks
J.thomas
Benbow Parks Leasing Inc
P.O
N.C
Numa F. Reid Lodge
A.F
A.M. Emergent
Michael Rinehardt
Ronald C. Whittington
Vernon Equipment Company, Inc
New St
Eddie Knox
Fleet Lease Manager
North Main
Ie Dian
Parsley
Sage
Rosemary
Zales
BankAmericard
American Express
Diners Club Carte Blanche
Westchester Mall
Illustra
Aaa
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