Editorial: Do tax rebates curb inflation or fuel it
The piece argues President Carter's $50 rebate won t reduce inflation and that genuine relief requires tax cuts and reduced government spending. Milton Friedman is cited saying the real tax burden is government spending, not labeled taxes, and warns inflation is the true hidden tax. A constitutional cap on federal spending is proposed as a remedy.
MENTIONED IN THIS ARTICLE
President Carter
U.S. News & World Report
Milton Friedman
Carter
Friedman
FDR Class Reunion Highlights New Deal's Lasting Echo
In Washington at the Mayflower Hotel about 1000 surviving Roosevelt aides mark the 44th inauguration anniversary. Thomas G. Corcoran, 16, will introduce Ben Cohen, 8, lifelong FDR advisers who helped draft key New Deal measures. The piece weighs New Deal legacy, federal growth, and calls for less government intervention under Carter.
MENTIONED IN THIS ARTICLE
Franklin Delano Roosevelt
Harry Truman
John F. Kennedy
Lyndon B. Johnson
Jimmy Carter
Washington
Mayflower Hotel
Roosevelt
Thomas G. Corcoran
Benjamin V. Cohen
Fdr
Carter
Call it the big shuffle Latest step for L.B. police
Long Beach police shifts draw criticism as intelligence unit dismantled and key officers moved to patrol. Lt Ray Heary, once head of a national Law Enforcement Intelligence Unit, is reassigned amid a broader reorganization under City Manager John Dever. Critics warn the changes hurt crime prevention and traffic safety ahead of major events.
MENTIONED IN THIS ARTICLE
Ray Heary
LBI
Manhattan
Monterey
Long Beach
FBI
Inder Henry
City Hall
J. J. Burtbitt
Los Angeles
Riley Brown
New City
John Dever
Ralph Kurtz
Douglas
Summer Beach
Sunnyvale
Devers
Hughes
First City National Bank of Houston
Bank of the Southwest
Texas Commerce Bank
IRS
Summa
Howard
TRS
Hughes was fugitive from IRS and vanished in 1970
Secret papers reveal Howard Hughes fled the United States in 1970 to dodge the IRS. He allegedly moved through Nassau Nicaragua and Florida using multiple penthouses while aides hid his disappearance. Records show a vast empire and scattered cash, with wills and funds lingering amid investigations.
MENTIONED IN THIS ARTICLE
Washington
Howard Hughes
Internal Revenue Service
Desert Inn
Bil
Lionaire
Nassau
Britannia Beach
Chester
Chester Davis
Hughes
Intercontinental Hotel
Managua
Nicaragua
Miami
Ft. Lauderdale
IRS
G. T. Register
Davis
Internal Revenue
Johnnie Walters
John Hanlon
Nevada
Las Vegas
Summa
Hughes Tool Company
First City National Bank
Houston
Texas Commerce Bank of Houston
Wilshire
Lakeside
Las Angeles
Nadine Henley
Reagan eyes 1980 bid as he builds national reach
Ronald Reagan, age 69, lays groundwork for another presidential run in 1980 aided by a potent fundraising network and a busy staff. He remains highly available for nationwide appearances and strategy, while aides manage hundreds of speaking and commentary contracts totaling about 500000 dollars yearly.
MENTIONED IN THIS ARTICLE
Los Angeles
Ronald Reagan
Reagan
Tial
Pord
Rhode Island
Americo Campanella
Sen
Howard Baker
Tennessee
Senate
John B. Connally
Baker
Connally
Michael Deaver
Peter Hannaford
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Daniel H. Ridder
Samuel C. Cameron
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David Levinson
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Bert, Resnik
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