Tax Changes Debate by L A C Concludes On Tax Policy
L A C argues federal tax proposals threaten local bonds and charitable giving. Experts seek to tax tax exempt bonds and donations, potentially raising interest costs for Long Beach and state bonds and reducing charitable contributions. A capital gains holding period change is favored to curb speculation while protecting long term investors. The column critiques broader tax hikes if exemptions vanish and urges cautious reform.
MENTIONED IN THIS ARTICLE
Long Beach
Red Cross
Braille Institution
City’s Best Too Polite Official Sentenced in Duisburg
Hans Bumuelier, 39, once voted the most polite official in Duisburg, was sentenced to two years in jail for selling driver's licenses to unqualified applicants last summer.
MENTIONED IN THIS ARTICLE
Duisburg
Germany
UPI
Hans Bumuelier
Bumueller
Yanks Lead Britain Boom in Tourists
London reports 1,899,490 overseas visitors in 1960, up 20 percent from 1959. United States tourists reached 426,640, the highest figure on record, as Britain enjoys a strong tourism year.
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Britain
London
British Travel and Holiday Association
United States
U S Envoy Delayed En Route to Moscow by Jet Strike
U S envoy Llewellyn Thompson faced delays delivering a Kennedy message to Khrushchev as Pan American and Qantas flights were disrupted by a strike and fog at Idlewild. Thompson finally departed at 4 12 p m on a Qantas jet after a switch from initial plans.
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Khrushchev
New York City
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Qantas
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Wealthy oilman Moss signs restraint in Miller divorce suit
Wealthy oilman William P. Moss agrees not to molest or annoy actress Ann Miller or enter her home while her divorce case proceeds. The accord was filed in Santa Monica Superior Court Thursday by Miller’s attorney.
MENTIONED IN THIS ARTICLE
William P. Moss
Ann Miller
Santa Monica Superior Court
Coastal Weather Summary from California Coast
Broad high pressure persists off the California coast producing fair conditions. Moon and tides show sunset around 3:499, high near 94 feet at 63 am. Low water not clearly stated. readings indicate minimal movement with standard diurnal cycles.
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California
Califrnia
Kooy
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