Capitol Reaction Mixed on LBJ's Surtax Proposal
In Washington mixed reactions surfaced as President Johnson proposed a 10 percent surtax. Senate figures Long and Dirksen voiced caution or opposition, while Ford urged evidence of spending cuts. In New York business leaders paused for study as Tower called the plan an oppressive tax hike and Mills stopped short of committing.
MENTIONED IN THIS ARTICLE
LBJ
Washington
UPI
Johnson
Russell B. Long
D-La
Senate Finance Committee
House
William Proxmire
D-Wis
Joint
Senate Economic Committee
Gerald Alford
Senate Gop
Everett M. Dirksen
Clinton P. Anderson
Ways and Means
New York
John Tower
Wilbur Mills
D-Ark
Ways and Means Committee
Carl Albert
Dokla
How Tax on Tax Will Hit Incomes
Washington report shows President Johnson's proposed personal income tax changes. The table outlines amounts paid in 1966 and proposed increases for 1967 and 1968, highlighting how a tax on taxes would affect individual incomes and take home pay.
MENTIONED IN THIS ARTICLE
Washington
Johnson
New Tax Proposals Seen To Trim 1967 Deficit
The President urged a 1967 income tax surcharge and excise tax delays through mid 1969 to raise about 74 billion in revenues. Corporate taxes would see a retroactive 0 percent surcharge, more for 1967 income than individuals, with future parity. Exemptions remain for low income groups, while a family of four earning 10,000 would face a notable surcharge.
MENTIONED IN THIS ARTICLE
Vietnam
Loase Ways and Means
Congress
Johnson
Kuchel Leads Fight Over Colorado River Plan
Sen Kuchel of California mounts a valiant bid on a basin wide Colorado River development, challenging Arizona officials and Interior Secretary Udall. The fight pits regional needs against administration backing, with a likely setback in the Senate and a drawn out House battle this year.
MENTIONED IN THIS ARTICLE
Washington
Light Brigade
Thomas H. Kuchel
Senate
Kuchel
Colorado
Congress
Senate Interior Committee
Udall
Arizona
California
Interior Department
Paul J. Fannin
R-Ariz
Grand Canyon
Wyoming
Utah
Balakawa
House
Interior Committee
Family of eight dies in head on winds crash near Highland
Eight members of an Oklahoma family were killed in a head on collision on Interstate 70 near Highland in Southern Windis. The victims include Margaret J Briscoe 43 Nellis A Tl 48 and their children Kimberly Ann 12 Nellis A TH Michele 9 Jacqueline 5 Danielle 3 and Powell 15 months. The truck driver David Adams 23 of Vandalia was not seriously injured.
MENTIONED IN THIS ARTICLE
Highland
Oklahoma
Windis
Margaret J. Briscoe
Nellis A. Tl
Kimberley Ann
Nellis A
Michele
Jacquéline
Danielle
Powell
David Adams
Vandalia
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San Francisco Zoo
Robert Caldwell
Caldwell
Big Red
Linda
MADE
Edward's Rive Furniture
E. Artesia Blvd
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Edward's
Edward
BNE Furniture
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