North Carolina Eyeing Tax Break to Attract Industry
Senate support grows as 43 of 50 NC legislators back a plan to replace the inventory tax with state credits for manufacturers. The bill would let firms receive annual 10 percent credits over a decade, phased in through 1986, while local governments keep tax receipts. Critics warn of immediate revenue losses and uncertain timing for replacing funds.
MENTIONED IN THIS ARTICLE
North Carolina
House of Representatives
House Finance
Senate
South Carolina
Palmetto
Kenneth Royall
Durham
Ways and Means Committee
Carter plan on hospital costs sparks mixed reaction
Hospital leaders including High Point Memorial's David Lopp criticize President Carter's push for a blanket ceiling on hospital cost increases. They warn it could reduce patient care, while Carter and HEW Secretary Califano argue some annual increases are unnecessary and a national standard could curb waste. Local regional agencies like Piedmont Health Systems Agency already scrutinize costly equipment requests, favoring localized solutions over nationwide caps.
MENTIONED IN THIS ARTICLE
Carter
High Point Memorial
David Lopp
Sharps
Joseph Califano
Regional Health Systems Agency
Piedmont Health Systems Agency
High Point Memorial Hospital
Soybeans Face World Shortage Amid Hunger and Markets
World soybean production fell 11 percent last year led by a 18 percent drop in U S output from 42 1 million to 344 4 million tons As harvest nears carryover stocks stand at 65 million bushels amid looming high prices The Hunt brothers face charges for alleged futures manipulation as global demand climbs benefiting Argentina Brazil and Paraguay in building soybean industries.
MENTIONED IN THIS ARTICLE
Hunt Brothers
U.S. Department of Agriculture
Soviet Union
Canada
Philippines
Peru
United States
Tion
Federal
Commodity Trading Futures Commission
Congress
The
Commission
Forbes Business Magazine
Argentina
Brazil
Paraguay
A Conservative View on Califano Rules and Disability Reform
The piece reviews Secretary Califano’s new federal anti discrimination rules under Section 504 of the Rehabilitation Act of 1973. It warns these guidelines will affect many schools hospitals and industries receiving federal funds, imposing costs ranging from 2.4 to 10 billion dollars over three years and demanding widespread architectural and staffing changes.
MENTIONED IN THIS ARTICLE
Joseph A. Califano
Department of Health, Education and Welfare
Griffin Bell
Congress
Califano
Carter Parap entrenched in trivial tasks fueling 80 hour weeks
President Carter tirelessly reviews enormous paperwork including 300 pages daily and handwritten notes from Congress. Officials note his hands on approach with direct contact for messages and speeches while worry grows that he overburdens himself with minor issues.
MENTIONED IN THIS ARTICLE
Washington
Carter
White House
Pentagon
State Dept
Salt Lakety
Kimball
Fillmore
Utah
Congress
Thomas Downey
D.N.Y
Bob Sherman
Aow
Cyrus Vance
al Ie
India
Why Are We All So Lethargic
A Washington discussion argues television reruns dull national life as networks cut new shows, extending rerun seasons. Rademacher links seasonal renewal to TV prominence, noting Cronkite’s hiatus and viewers' sense of déjà vu. The dialogue laments a cultural rut and fading creativity amid constant repeats.
MENTIONED IN THIS ARTICLE
Washington
America
Rademacher
United States
Walter Cronkite
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