Should You Buy Savings Bonds at 5 Percent Interest
The Treasury seeks a 5 percent cap on U S Savings Bonds, shortening maturity to five years ten months. Payroll savings discipline and tax advantages make them a solid nest egg starter, but inflation and taxes demand diversification into stocks for long term growth.
MENTIONED IN THIS ARTICLE
Treasury
Congress
U.S
U. S
Nixon Quizzed on Tax Dodges By 82 House Democrats
A group of 82 House Democrats urged President Nixon to publicly state views on tax loopholes including the oil depletion allowance and tax free municipal bonds. They referenced reforms and noted the House approval of an extended income surtax, with Senate hearings just beginning and another House vote anticipated.
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Washington
UPI
House Democrats
Nixon
Congress
House
Senate
Senate Finance Committee
Tax implications of U S Treasury bonds and estate tax
A reader asks if buying 4 per cent Treasury bonds at a discount subjects an estate to capital gains tax upon death. The Fed experts say yes, advise consulting a tax lawyer, and note that bonds held for estate tax payments can trigger gains regardless of purchase price. Each estate needs tailored planning to minimize death taxes.
MENTIONED IN THIS ARTICLE
U.S. Treasury
Treasury
Federal Reserve Bank
Vale of Tears
Fed
Ingredients of the successful trader and mutual fund advice
Dr Charles Harlow discusses maximizing returns and risk in trading stressing plan quality and emotional control. He notes the need to analyze trade composition and explains mutual fund accumulation plans while warning about high front end loads and urging individual decision making.
Wage control debate unsettles Nixon circle in Washington
The Kennedy proposal for wage and price controls if tax surcharges fail draws unhappiness in the Nixon administration. Nixon insists on no controls and recalls OPA lessons, while Burns and Kennedy exchange mixed signals about eventual policy, with Congress needing authority.
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Washington
Nixon
Treasury
David M. Kennedy
Congress
OPA
Office of Price Administration
Arthur F. Burns
Burns
Kennedy Leaves Open Question on Gold Price Move
VIEWPOINT questioned whether a rise in gold prices was possible. He did not rule it out, saying all options remained open. Kennedy’s intent remained unclear as officials criticized the open stance and noted Stans cited business support for controls, keeping the issue in the public eye.
MENTIONED IN THIS ARTICLE
U.S. News and World Report
Burns
Congress
Kennedy
Nixon
Commerce
Maurice H. Stans
San Francisco Vice Club Raid Nets 25 Arrests
San Francisco police with 20 State Liquor Authority agents swept four after hours clubs in the Tenderloin arresting 25 people. Authorities issued 58 arrest warrants and said more raids would follow for charges including prostitution and liquor sales without a license. In Lancaster, Kay Marie Piper, 18 months, drowned in a reservoir after falling in while playing with her brother Boyd.
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San Francisco
UPI
State Liquor Authority
San Francisco Tenderloin
Lancaster
Kay Marie Piper
Boyd
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