Tax Bill Would Cut Your Taxes Across Most Brackets
The House tax reform plan would shrink overall tax payments for most filers by about 15 to 42 percent, with a complete set of revisions for 1965. It would lift top rates on very high incomes but cut many deductions and alter credit rules, affecting dividends, capital gains, real estate, and fringe benefits while promising relief for seniors on medicine purchases and home sales.
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Washington
Congress
Kennedy
House
Ways and Means Committee
House Rules Committee
Senate
Treasury
Old Trusty
Smith Named District Assessor of Incomes
Daniel G. Smith of Madison is appointed assessor of incomes for the Eau Claire district office of the State Tax Department. He will supervise income and sales tax work in 32 counties. Smith, a Johns Hopkins graduate and former UW graduate assistant, has served since 1956 with the tax department and since 1962 as compliance supervisor in Madison.
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Tax Department
Income and
Madison
Police Probe Forces 13 Officers to Choose Fate
Milwaukee AP report says 13 officers who took money or gifts from a known prostitute must resign, stand trial, or face summary dismissal. Six investigations wrap, with one resigning and one suspended. Police Chief Johnson orders full, thorough inquiry led by Deputy Inspector George Fuhr.
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Milwaukee
Howard O. Wahlen
Wahlen
Howard O. Johnson
Johnson
George Fuhr
Minnesota Reports TB Deaths and New Cases
Minnesota recorded 4 805 new tuberculosis cases and 508 deaths in the five years ending December 31 1962 the State Health Department reported. Dr E P K Fenger TB services director said TB remains a serious infectious disease in the state and immunity does not occur as with measles or polio.
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Minneapolis
Minnesota
State Health Department
E. P. K. Fenger
Republicans push to repeal $2 filing fee test on Reynolds
Milwaukee area Republicans press to repeal the $2 income tax filing fee as a test of Governor Reynolds sincerity. Pommerening Leonard and Soik argue the move aims to force budget concessions and reveal tax philosophy amid a close budget standoff.
MENTIONED IN THIS ARTICLE
Milwaukee
Budg
Blyman
Glen E. Pommerening
R-Wauwatosa
John W. Reynolds
Pommerening
Jerris Leonard
Bayside
Nile Soik
Whitefish Bay
Milwaukee County Republican Voluntary Committee
Joint Finance Committee
GOP
Congress
Reynolds
Leonard
FDA orders antibiotics claims proven for OTC products
The FDA requires drug makers to prove effectiveness for antibiotics in products like throat lozenges and nasal sprays by Sept. 6 under the 1962 act amendments. Industry says many firms cannot meet the deadline and may lack adequate tests to demonstrate efficacy, though safety is not in question.
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Washington
Food and Drug Administration
FDA
Federal Register
Assn
Food, Drug and Cosmetic Act
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