Tax hike pressures grow as governments chase funds
SAM DAWSON reports that state and local governments face a tight budget as they seek new tax sources to fund expanding services. Debt rises from 34 to over 43 billion by 1955 while 28 billion in future building plans loom, with suburbs driving demand and federal competition intensifying.
MENTIONED IN THIS ARTICLE
America
U.S. Census Bureau
Census Bureau
Hame
Tax earmarking limits state budget flexibility, says Tax Foundation
The Tax Foundation reports in 1954 states earmark half of tax receipts, constraining budgets. Delaware and Rhode Island largely fund highways and schools from general revenues, while Colorado Kansas Louisiana New Mexico and Texas earmark over 75 percent of tax take for specific uses. State highway taxes and education rely on varied earmarks amid shifting funding schemes.
MENTIONED IN THIS ARTICLE
The
Tax Foundation
New York
Foundation
Delaware
Rhode Island
Alabama
Colorado
Kansas
Louisiana
New Mexico
Texas
American Petroleum Institute
General Fund
Ward M. Canady Birthday Biographical Note
Ward M. Canady born December 12 1885 in New Castle Indiana is noted as president and board chairman of Overland Motors Corp. He developed the military jeep a key vehicle for Allied war efforts in World War II with his plant first to convert fully to war production.
MENTIONED IN THIS ARTICLE
Ward M. Canady
New Castle
Ind
Overland Motors Corp
Seven Lindstroth Children Escape House Fire in Racine
In Racine county, seven Lindstroth children aged 7 to 14 escaped a midnight blaze that destroyed their home while parents worked overnight. Donald Lindstroth, 13, re-entered smoke to save infant sisters Diane and Debra, with the family dog also saved by Danny, 14. Fire damage estimated at 16 200 dollars. the fire took four hours to control. The rescue was described as miraculous by Fire Chief Peter Mueller of Mount Pleasant.
MENTIONED IN THIS ARTICLE
Racine
Peter Mueller
Mount Pleasant
Donald Lindestroth
Diane
Debra
Donald
Robert Lindstroth
Lindstroth
Danny
Roads Slick In Spots Across Wisconsin Regions
The Wisconsin Motor Vehicle Department reports slick spots on roads in Rhinelander Wausau Antigo Merrill and Chippewa Falls areas. A light snowfall fell at Appleton with generally good road conditions there. Elsewhere highways were in good shape with a low of 12 below at Black River Falls.
MENTIONED IN THIS ARTICLE
Madison
Wisconsin Motor Vehicle Department
Rhinelander
Wausau
Antigo
Merrill
Chippewa Falls
Appleton
Black River Falls
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By Sam Dawson
U. S. Chamber of Commerce
Sunbeam and
Universal Beautiful Copper
Waffle
Sunbeam
Hamilton Beach
Third St
Copeland
Howe
Sport Shop
Unifax
Ward Canady
Simmons
Ross
To Crosse Furniture
Vicki VapoRub
VapoRub
Rae
Vicks
Vicks and
Fon
New Vicks Mzov Raarme
Paris
Brach’s Straight Pack Chocolates
Brach
Brach’s Milk Chocolate
Murphy’s Fancy Peanut Brittle
Harveys
Erickson
Dolly Madison
Borden
Koller’s
Gipps Famous