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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Mar 06, 1974
Page
7
Relief for low income and reduced Social Security benefits exists through allowances and credits. Income averaging lets a taxpayer spread excess income over five years, potentially lowering current tax. You need returns from 1969 onward and can reuse the method with future high earners. Attach a Schedule G to Form 1040.
United States officials push a new plan to grant Moscow MFN trade status tied to Soviet Jewish emigration. Congress could set criteria for credits and investment guarantees, but opposition remains strong. Kissinger targets passage to aid meetings with Senator Jackson as Senate hearings proceed.
The monkey wrench owes its name to Moncke the inventor whose surname became widely mispronounced and popularized as the term for the versatile gripping tool. The anecdote links the device to its creator and a linguistic twist that stuck in common usage.
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