State Income Tax Drives Half of North Carolina Revenue
North Carolina relies on its state income tax for about half of the general fund. The fiscal year ending June 30 saw roughly 79 million dollars collected from individuals and earned income taxes, with special classifications reducing the total. Exemptions apply to service members and nonresident military on bases, while civilian employees on bases pay taxes. Retirement income has exemptions, with specific rules for disability, veterans, and war pensions. Dividends from savings and credit unions are fully taxable, while corporation dividends follow state tax share. Deductions include alimony, dependency credits, and varying exemptions for custodial parents and children dependents.
MENTIONED IN THIS ARTICLE
Raleigh
North Carolina
General Fund
National Guard
Building and Loan
Federal Savings and Loan Associations
Tar Heels
The
Revenue Department
False Teeth Get More Comfort with FASTEETH Pasteeth
FASTEETH powder provides firmer denture support without a gummy taste or paste feel. It reduces plate odor and helps with eating and talking, advertised as a pleasant alkaline denture powder available at drug stores.
Johns Hopkins Science Review Proves Popular On TV
The Johns Hopkins Science Review marks its sixth year on television in the United States and Canada. The half hour program, created by Lynn Poole, airs Mondays at 8 30 p.m. Eastern on Du Mont public service. It covers current developments in science from astronomy to zoology with on site medical demonstrations and a factual, tasteful approach.
MENTIONED IN THIS ARTICLE
New York
Johns Hopkins Science Review
United States
Montreal
Toronto
Canada
Lynn Poole
Johns Hopkins University
WAAM
Baltimore
DuMont TV Network
Poole
Science Review
Chicago
Malenkov Tells Russia's Plans at Lenin Mausoleum Funeral
Stalin will be embalmed in the same secret process as Lenin. Leaders from China, Britain, France, Italy, Iran, Belgium, Finland, Czechoslovakia, East and West Germany attend as the coffin is carried from the building to a gun carriage for the funeral in Red Square. The American delegation includes the charge d affaires and military attaches.
MENTIONED IN THIS ARTICLE
Russia
Chopin
Chou En-Lai
China
Harry Pollit
Great Britain
Jacques Duclos
France
Palmiro Togliatti
Italy
Iran
Belgium
Finland
Klement Gottwald
Czechoslovakia
Otto Grotewohl
Communist Party
Max Reimann
Spiro Koleka
Albania
Turkey
Red Square
Moscow
Lenin
Stalin
Jacob Beam
U.S
Stalin Buried Next to Lenin and Mausoleum Funeral
Stalin was buried beside Lenin as generals and admirals followed the gun carriage through Red Square. Malenkov Beria Molotov and other presidium members delivered orations before pallbearers carried the coffin into Lenin's mausoleum amid drums and muted bugle music. American diplomats observed the ceremony as troops stood at attention.
MENTIONED IN THIS ARTICLE
Budenny
Stalin
Order of Socialist Labor
Malenkov
Presidium
Includin L
Lenin
Diplomatic Corps
Jacob D. Bean
Beria
Molotov
Lazar Kaganovich
Anastas Mikoyan
N. S. Khrushchev
N. M. Shvernik
High Noon Tops Film Daily Poll as Best Movie of 1952
Critics and commentators in Film Daily’s annual poll named High Noon the best film of 1952. The western, featuring Gary Cooper Grace Kelly and Katy Jurado, marks the first western in 22 years to win the top rating in the trade publication.
MENTIONED IN THIS ARTICLE
New York
Film Daily
Gary Cooper
Grace Kelly
Katy Jurado
Senator Johnson seeks answer on color TV delay
Sen Ed W Johnson of Colorado asks why the public cannot obtain color television now. He urges the Commerce Committee to summon the FCC and manufacturers to explain the holdback and the public benefits. CBS blames federal action for delaying color sets and notes a potential $60 price target with mass production.
MENTIONED IN THIS ARTICLE
Washington
Edwin C. Johnson
Colorado Democrat
Senate Commerce Committee
Charles W. Tobey
R-N.h
Johnson
Federal Communications Commission
Columbia Broadcasting System
Theovernment
National Reduction Authority
CBS
CBS Fcc
Tobey
Stock Market Snapshot With Many Downgrades and 1933 Remark
A historical note shows stock prices across U S firms at 1 p m EST with numerous percentages for American Can American Sugar Coca Cola General Electric General Motors Bethlehem Steel and others. The document closes with a sentence recalling that for two months in 1933 the U S had no living ex president between Coolidge's death and Hoover's retirement.
MENTIONED IN THIS ARTICLE
New York
Atlantic Coast Line
Baltimore & Ohio
Bendix Aviation
Bethlehem Steel
Chesapeake & Ohio
Coca Cola
General Motors
Goodrich XD
Goodyear See
Gulf Oil
SPP
Central
Interchemical Corp
International Harvester
International Nickel
International T & T
Johns-Manville
Damoore
Monsanto
Packard
Paramount Pictures
Seaboard
Sears Roebuck Ee
Southern Co
Southern Railway
Seee
Standard Oil
P ’ Studebaker
Seesess
EO Cot Ds Ccreeens
Union Carbide
U S Pipe & FF
U Ss Rubber
Eee
Eens
IU Ss Steel Pedeesesceeseeeeses
Warner Bros
Western Union
Westinghouse Air Bke
Westinghouse Electric
Woolworth Ee Eee
Coolidge
Hoover
United States
Supreme Court To Get Racial Issue Again
The Supreme Court opens a term with potential rulings on school segregation in public education. Five cases from December challenge constitutionality of segregation while most opinions are anticipated later this term. The court also weighs a 1951 $50 gambling stamp tax case and Michigan Communist subversion laws.
MENTIONED IN THIS ARTICLE
Supreme Court
Congress
Joseph Kahiiger
Philadelphia
Michigan
Pat McCarran
D-Nev
GOP Leaders Seek to Bar Tax Cut Push on Loyalty
House Republican leaders urge party loyalty to block Rep. Daniel Reed from forcing an early floor vote on his 10 percent income tax cut bill. Reed threatens to bypass the Rules Committee and bring it to the floor as a privileged measure, risking crippling amendments. Leaders aim to delay action until May while Eisenhower-era resistance to tax reductions lingers.
MENTIONED IN THIS ARTICLE
Washington
House
Daniel A. Reed
Reed
House Rules Committee
Ways and Means
Rules Committee
Leo Allen
Allen
Eisenhower
Engineer Finally Gets Around to Marriage
William Cross aged 43 and Meta Gibbs aged 39 married after a 22 year delay. Cross said his engineering work kept him moving so they could not wed earlier, and the couple honeymooned in Falls City Nebraska after the ceremony conducted by County Judge Albert Maust.
MENTIONED IN THIS ARTICLE
Falls City
Neb
William Cross
Meta Gibbs
Cross
Albert Maust
Miss Gibbs
Colchester Linked to Mythic Old King Cole Heritage
In Colchester, Essex, England, locals claim the town as the historic home of the legendary Old King Cole, tying the figure to regional folklore and ancient royal legends.
MENTIONED IN THIS ARTICLE
Colchester
Essex
Eng
Cole
Tragedy at Alabama Crossing Kills Two Children
At a crossing in Moundville Alabama a pickup lunge into a 55 mph freight train killed Benjamin Perry 15 and Jean 16. Engineer H P Hassell 50, who had waved at the youths, could not be blamed. The victims grew up near the track and had a friendly relation with the engineer.
MENTIONED IN THIS ARTICLE
Moundville
Ala
Southern Railway System
Benjamin Perry
Jean
H. Paul Hassell
Gillispie
Hassell
Meridian
Miss
Birmingham
Oldest Civil War Vet Fights for Life in Rochester
In Rochester New York the nation's oldest Civil War veteran James A Hard lay near death as his condition shifted from fair to poor. Doctors note the 110 year old’s battle has surprised caregivers after his right leg was amputated a week earlier and his strength remains stubbornly high despite failing health.
MENTIONED IN THIS ARTICLE
Rochester
N. Y
James A
Hard
Communist radio show fails to move South Korean troops
In Korea, a Sunday night broadcast to South Korean forces opened with loudspeakers playing music and a voice urging soldiers not to fire. The Allied artillery then ceased fire as the show ended without swaying the audience.
MENTIONED IN THIS ARTICLE
Central Front
Korea
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Stang
Mets Cae
India
Elizabeth Bennett
Camden, N. J
U. S
Dehradun
New Delhi
Bennett
Senator
GOP
Industrial Supply CO
S. Main
FLY
Eastern
Atlanta
Miami
Eastern Air Lines
Perry
Bolton Perry
Ellington
Florist
S. Main ST
Mann’s Drug Store
Jack Chancellor
Byrum Cleaners
Carolina Cleaners
Dutch Laundry, Inc, Five Point Cleaners
High Point Laundry Houser Cleaning Coo
Master Cleaners
NEW Service Laundry Quality Dry Cleaning Company
Royal Cleaners
Reliable Cleaners
Sartin
Sunshine Laundry
Superior Dry Cleaners
Vogue Cleaners, Inc, Tucker's Dry Cleaning Company
Shore’s Launderteria
Sponsored BY
High Point Textile Maintenance Club
Wal Chard
Virginian
Thurs
Barter
Spen
Civitans
Incorporated