Car Dealer Must Pay Back Taxes
Raleigh automobile dealer and civic leader Bobby L. Murray was fined 30000 dollars and ordered to pay 50000 dollars in back taxes by a federal judge. An IRS agent testified Murray paid personal bills from business accounts and claimed them as business deductions for 1970 1971 and 1972. The potential civil tax liability for those years could exceed 689000 dollars.
MENTIONED IN THIS ARTICLE
Raleigh (Ap
Raleigh
Bobby L. Murray
Internal Revenue Service
U.S
John D. Larkins Jr
Murray
A. Hoyle Troxler
Greensboro
GOP Pushes Permanent Tax Cut Over Carter Rebate
In Washington, House Republicans seek Democratic votes to scrap Carter’s $50 per person rebate in favor of a permanent across the board tax cut. The plan would favor middle and upper income families, with projected boosts for low income earners and delays in rebate delivery potentially undermining quick economic impact.
MENTIONED IN THIS ARTICLE
Washington
House
Carter
GOP
Senate
Finance Committee
House Republican Conference
Couple Pleads Guilty Over Obvious Counterfeit Bill
In Winston-Salem AP report, Matthews residents Joseph E. Frost and Linda Frost pleaded guilty in federal court to passing a phony $10 bill. Frost received three years with all but six months suspended. Mrs. Frost three years suspended. A Kan napolis supermarket manager alerted police.
MENTIONED IN THIS ARTICLE
Winston-Salem
Matthews
Joseph E. Frost
Linda
Frost
Kannapolis
Economic system promises vast savings and vast spending options
The statement frames the economy as offering thousands of saving options and over a million ways to spend, highlighting broad consumer choice and financial activity without detailing specific programs or data.
Mild Wednesday Promises Warm Spell For Carolinas
Weather forecasts for North and South Carolina predict milder temperatures through Saturday. After a Monday low of 27, highs reach the 60s today, near 70 Wednesday, with mostly sunny skies and light winds. Overnight lows dip to the 30s, then upper 50s to mid 50s in the mountains, and lows in the 50s for the extended period.
MENTIONED IN THIS ARTICLE
High Point
North Carolina
South Carolina
Milday Baller
Saturda
Callaghan to press Concorde landings as talks near
British Prime Minister James Callaghan arrives in Washington to urge a 16 month demonstration program for Concorde landings in U S airports. Officials say Britain and France aim to press Kennedy Airport access amid Kennedy ban and evolving Bermuda Air Agreement talks.
MENTIONED IN THIS ARTICLE
Washington
James Callaghan
Carter
U.S
New York
Kennedy
New Jersey
Callaghan
Valery Giscard d’Estaing
Transportation
Brock Adams
California Plots Water Rationing After Drought Warning
Gov. Edmund G Brown Jr warned at a two day conference in Los Angeles that statewide water rationing could be imposed if voluntary conservation fails. He called the drought a disaster of immeasurable magnitude and urged widespread conservation and rationing.
MENTIONED IN THIS ARTICLE
Los Angeles
Edmund G. Brown Jr
California
Agriculture and Industry
Ron Robie
State Dept. of Water Resources
Robie
Man Held In Shooting Of Son
A Mon cure man, Philip Sykes, 40, is jailed in Wake County on 1 million bond after shooting his 8 year old son at his wife’s Apex mobile home. Police say he waited outside the trailer and fired a 16 gauge shotgun injuring Philip Todd Sykes, who remains in critical condition in a Raleigh hospital. Sykes broke down when told he shot his son. two warrants for assault on his wife were noted.
MENTIONED IN THIS ARTICLE
Raleigh
Wake County
Philip Sykes
Apex
Shirley
Sykes
Philip
Todd Sykes
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