Stans Sees Tax Cut Hope and Policy Role Under Nixon
Secretary Maurice H. Stans said he hopes the 10 percent income tax surcharge could be cut to 5 percent next July and ended in a year, with Nixon inviting him to join a new economic policy group. He noted Shultz may join and stressed business must marshal its resources to aid urban and social programs without universal tax incentives. He cautioned a significant slowdown is unlikely but expects the surcharge to dampen activity and inflation eventually.
MENTIONED IN THIS ARTICLE
Retary of Commerce
Maurice H. Stans
Nixon
Stans
Secretary of Commerce
Economic Policy Group
Troika
Secretary of the Treasury
President
Council of Economic Advisers
Bureau of the Budget
Wilbur D. Mills
Arkansas
House
Ways and Means Committee
Pentagon proposes new top brass pay and recruit raises
The Pentagon proposes a $50 000 top pay for Joint Chiefs top brass and a broad 9 percent basic pay rise for most service members with a February or March congressional submission. Career soldiers would start at 6189, lieutenants at 8144, three year sergeants at 6883, while recruits would earn about 109.50 monthly. Fire risk areas in Angeles National Forest reopen to the public after summer closures due to heat and dryness.
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the Times
Pentagon
Congress
Angeles National Forest
U.S. Forest Service
Eleven Million Spree Alleged in Rome Family Court Fight
In Rome the wealthy Achille Lauro accuses his son Gianpachino known as Pupetto of a massive 11 million dollar spending spree. The son, once in Parliament, is in a Swiss clinic facing possible incompetency ruling as his father seeks a court investigation. Meanwhile Long Beach police report $170 power tools stolen from Edward Brisson's Granada Avenue garage.
MENTIONED IN THIS ARTICLE
Aly
Achille Lauro
Giapacchino Lauro
Lauro
Pupetto
Baby Face
Edward Brisson
Intimidation Charge Filed in Dixie Vote
The Department of Justice charged 58 year old George Angus Pate of Rowland North Carolina with two counts for threatening two voters during a Robeson County run off primary. He allegedly pointed a gun at Robert L. Cates and assaulted Vera M. Lawry while opposing nondiscriminatory voting. Maximum penalty is two years and $2000 fine.
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Washington
Department of Justice
North Carolina
George Angus Pate
Rowland
N.C
U.S. District Court
Raleigh
Robert L. Cates
Vera M. Lawry
Cates
Robeson
Plane Crash Kills 2 Near Dumagaton Bridge Bay
Two people died when a light plane crashed into San Francisco Bay near the east end of the Dumbarton Bridge on Thursday. Local authorities confirmed the fatalities and launched search operations.
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Newark
Calif
UPI
San Francisco Bay
Dumbarton Bridge
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Hawthorne
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Multitrix
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