Quirks Of New Tax Law May Help Or Penalize
Washington AP reports the 1976 Tax Reform Act uses income tables for most filers leading to quirks. A married separate return example shows $1 more income can raise tax by $23, while others may pay less or more than prior year for the same income. The article notes widespread use of tables and uneven outcomes across filing categories and warns no taxpayer can predict benefits until computing taxable income. An unrelated item in Mabel, Minnesota outlines an old fashioned Christmas program with town events and a free children’s movie.
MENTIONED IN THIS ARTICLE
Washington
Congress
Congressional Tax Writing Committees
Mabel Mabel
Minn
Town Hall
Marc Prestley
Canton
Lee Hall
Carter Eyes Action On Tax Cut And Economy
President-elect Carter said a tax cut next year is not decided yet and he will consult Congress before acting to stimulate the economy. He aims to reduce unemployment by 1.5 points in his first year, with unemployment at 8.1 percent, while advisers discuss possible tax rebates or investment credits.
MENTIONED IN THIS ARTICLE
Thomas
Bert’ Lance
Carter
Office of Management and Budget
Lance
Los Angeles Times
Cbs-Tv
Ford Administration
Alice M. Rivlin
Congressional Budget Office
Federal Reserve Board
Andrew F. Brimmer
Abc-Tv
The
Times
CBS
Atlanta
Dairymen Meetings Set in Richland Center Wisconsin
Two dairy meetings are planned in Richland Center. The first is AMPI Richland district annual dinner at 8 p.m. at the Black Cat II Supper Club featuring Robert Van Lear of the Mid-State Region. About 250 members and guests are expected. The second is the Richland County Holstein Breeders banquet at noon Wednesday at the same venue with Jim Bates presenting and Pewter Pitcher and Iron Grandma honors to top breeders and lifetime production owners. State Junior Holstein awards will also be given.
MENTIONED IN THIS ARTICLE
Richland Center
Wis
Richland District of Associated Milk Producers
Jim Bates
Sun Prairie
Wisconsin Holstein Breeders Association
Richland County
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