Better Tax Break Is Sought in Depreciation Debate
In Washington today Congress heard that business could receive a larger tax deduction for machinery depreciation while increasing long term revenue. Maurice E. Peloubet testified that every $100 spent yields $25,953 in taxes and that one third of depreciation can be financed in early years with higher later revenues. William A. Paton argued current law uses outdated prices, penalizing firms. The Pueblo Indians of the American Southwest raised turkeys for feathers used in religious ceremonies.
MENTIONED IN THIS ARTICLE
Washington
Congress
Maurice E. Peloubet
Peloubet
New York
William A. Paton
University of Michigan
American Southwest
Iranian Boy Slaps U S Girl Friend in Washington
Farhad Adjoodani, 17, an Iranian immigrant, slapped Sandra Bolick, 16, then fired two blank shots from a pistol. He claimed no police action due to immunity and then drove her home. The incident occurred at the Adjoodani home with his sister present.
MENTIONED IN THIS ARTICLE
Farhad Adjoodani
Farhad
Mahmoud Adjoodani
The
Art Ieee
Sandra Bolick
Youngstown
Ohio
Howard E. Campbell
Sandra
Adjoodant
Campbell
Workshops Open Today Train Volun teer Tutors for Illiteracy
Free workshops start today in Durham and Dallas to train volunteers to teach illiterate adults via a television series in the Southeast. May¢s Behrman notes the program aims to reach over one million adults who cannot read or write well with stations in North Carolina and nearby states carrying lessons from January to June.
MENTIONED IN THIS ARTICLE
Charlotte
Durham
Dallas
Southeast
Behrman
Asheeville
Greensboro
Dwinham
Greenville
Wilmington
North Carolina
Charleston
Florence
Columbia
Fire kills three North Carolina children in Carolinas tragedy
Mrs. Ernest Singletary sobbed as a fire destroyed the three room frame home near Southern Pines killing her two sons Herbert four and Clifton three and daughter Hazel sixteen months. The parents escaped and were treated for burns then released. Cause of the blaze remained undetermined.
MENTIONED IN THIS ARTICLE
Southern Pines
N.C
Ernest Singletary
Herbert
Clifton
Hazel
Singletary
Bullfrog grower runs frog farm and child care in California
Malcolm Heisman in San Diego runs a 14 acre frog farm raising bullfrogs to market maturity over four years while also operating a child care service. The piece notes his unusual dual business on the California coast.
MENTIONED IN THIS ARTICLE
San Diego
Calif
Malcolm Heisman
Heisman
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Tia
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Erus
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Electrc
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