Ford Signs Bill To Reduce Taxes
President Ford signed a $24.8 billion tax cut into law asserting the need to fight recession. The measure will trigger 1974 tax rebates up to $200 for about 72 million Americans and bring 1975 tax relief via lower withholdings, plus credits for exemptions and a homebuyer credit. The package also repeals the oil depletion allowance and raises the income threshold for tax liability, removing about 5 million people from the tax rolls. Ford outlined deficit limits at $60 billion for 1976 and warned against new spending beyond national security and humanitarian needs.
MENTIONED IN THIS ARTICLE
Washington
Ford
Congress
Cambodia
South Vietnam
Oval
White House
Sweetland
Easter Rabbit visits Fauver Hill School Onalaska stops
Lady Easter Rabbit toured Fauver Hill School in rural Onalaska, charming kindergarteners Kristen Mueller and Douglas Sagehorn, children of local residents, and also surprised youngsters at Onalaska Public Library and Oak Forest Nursing Home.
MENTIONED IN THIS ARTICLE
Fauver Hill School
Onalaska
Easter Rabbit
Kristen Mueller
Steve Mueller
W. Young
Douglas Sagehorn
Rodney Sagehorn
Oak Forest Nursing Home
Lady Rabbit
Rita Netwal
Marcou Road
Tax cut bill seen as boost to economy says UW-L economist
University of Wisconsin La Crosse economist Douglas Sweetland predicts the tax cut signed by President Ford will create several hundred thousand jobs, boost housing, and spur business expansion through a 10 percent investment tax credit. Colleague Joyce Rosso cautions inflation risk but agrees job gains are likely. Congressman Baldus and GOP Chairman Baltz offer mixed views on deficits, oil policy, and future spending vetoes.
MENTIONED IN THIS ARTICLE
U.S
Ford
University of Wisconsin-La Crosse
Douglas Sweetland
UWL Economics Department
Joyce Rosso
Western Wisconsin Technical Institute
Sweetland
Rosso
Alvin Baldus
GOP
Walter Baltz
Baldus
Baltz
Congress
Da Nang Falls to Communist Forces in South Vietnam
Saigon officials report Da Nang, South Vietnam’s second largest city and northern zone last holdout, captured by Communist led troops. They estimate nearly 100000 soldiers lost as four infantry divisions and more were trapped. The fall follows Ford orders for Navy evacuation to assist refugees in the port city 380 miles north of Saigon.
MENTIONED IN THIS ARTICLE
Saigon
South Vietnam
da Nang
South
Vietnam
Ford
Washington
U.S
Ngo Quang Truong
South China Sea
Truong
Demilitarized Zone
Quiet vs. Youth Center Disputes Roil Neighborhood
Neighbors surrounding the Coach House behind First Presbyterian Church at 233 West Ave. S. clash with youths over noise and property damage. Officials say the teen center operates Thursday through Sunday nights with a shoestring budget and volunteer staff, while residents urge better supervision and quieter evenings.
MENTIONED IN THIS ARTICLE
Coach House
First Presbyterian Church
West Ave. S
Earl Kreisa
Center
UCLA Edges Louisville 75 74 In Overtime Semifinal
UCLA defeats Louisville 75 to 74 in overtime to advance in the NCAA semifinal battleground. Louisville fights for rebounds and late rallies as both teams trade momentum in a tense national showcase.
MENTIONED IN THIS ARTICLE
UCLA
Louisville
Brotherhood Billiards Eases Tension for La Crosse Clerics
Brotherhood of St. Pius X members in De Soto Wisconsin use billiards as relaxation. The item appears on page nine noting a diocesan group from La Crosse.
MENTIONED IN THIS ARTICLE
la Crosse
Brothers of St. Pius X
de Soto
Wis
Also Mentioned on This Page
Russell B. Long
Senate Finance Committee
Henry Reuss
D-Wis
House Banking and Currency Committee
Bill
Uw-L
Democratic Congress
Neighbors Vs. Youth Center
Presbyterian Church
Ann Landers
Romer
Campbell
Brotherhood
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