Economist urges large tax cut to spur economy
Democratic economist Charles Schultze urges a large federal tax cut to spur growth and fight recession. He warns against deep spending cuts and notes a 26 billion dollar equivalent in today’s dollars would be needed, with a rebated gasoline tax shaping the total package and potential deficits around 40 to 44 billion.
MENTIONED IN THIS ARTICLE
Ford
Treasury
William Simon
Schultze
Brookings Institution
Senate Budget Committee
Congress
Boy Mourns Slain Dad at Moncton Cathedral Funeral
An eleven year old son watches the coffin of his father Corporal Aurele Bourgeois, murdered policeman, carried from Assumption Cathedral Moncton New Brunswick. Bourgeois and Constable Michael O Leary were found Sunday in a shallow grave near the city. Over 3000 mourners including police from Canada and the United States attended.
MENTIONED IN THIS ARTICLE
Guy
Corp
Aurele Bourgeois
Assumption Cathedral
Moncton
N.B
Bourgeois
Michael O'Leary
Canada
U.S
Food makers See 20 Percent Profit Jump in Q3 1974
FTC reports after tax profits of food manufacturers rose 20 percent in the third quarter of 1974 to 1.2 billion dollars. Sector sales climbed from 37.5 billion to 49.8 billion, with nondurable foods firms except textiles posting gains.
MENTIONED IN THIS ARTICLE
FTC
Washington
UPI
Federal Trade Commission
Woman Seized in Mate's Death in San Bernardino
In San Bernardino Leonard Lee 22 year old man was shot to death by his 1 year old wife Norma Jean police say she was arrested and booked for investigation of murder in the shooting death.
MENTIONED IN THIS ARTICLE
Mate
San Bernardino
Leonard Lee
UPI
Lee
Norma Jean
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