Withholding on Interest and Dividends Considered in Congress
Congress debates a plan to withhold income taxes from interest and dividend payments to over 50 million households. The IRS cites tax evasion as a reason, estimating up to 2.4 billion dollars yearly in additional federal revenue. The move aims to aid passage of broader tax reforms and preserve parts of earlier tax cuts.
MENTIONED IN THIS ARTICLE
Washington
Congress
Internal Revenue Service
Senate Finance Committee
Russell Long
D-La
IRS
Donald C. Alexander
Treasury Department
Long
Forest Park Construction To Begin
Tax return data from 1974 shows more than half the 29.7 million returns had total income under 15 000. IRS cannot compare bank reports with individual returns under current law. Susdorf chosen among 600 American educators for a summer seminar by IDEA and Kettering Foundation on education for responsible citizenship.
MENTIONED IN THIS ARTICLE
IRS
Alexander
Walter D. Susdorf Jr
la Crosse Central High School
Susdorf
S. 19Th St
Institute For Development of Educational Activities, Inc
Charles F. Kettering Foundation
Dayton
Ohio
Forest Park
Hackner, Schroeder, Roslansky
Envelope Restrictions Eyed for Postal Overhaul
The Postal Service announced a plan to restrict envelope sizes to improve efficiency with an April 15 1978 effective date. Envelopes smaller than the specs will be banned and a surcharge will apply to those larger than the specifications, likely hitting greeting cards.
MENTIONED IN THIS ARTICLE
Washington
Postal Service
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Holmen
Susan Strane
Arthur Strane
Daniel C. Rhyme
Mindoro
Hauser Road
Onalaska
Rhyme
Miss Strane
St. Francis Hospital
Lutheran Hospital
Senate
Forest Park Construction
Hanes
S. 4Th St
Urplus
Lord of the Manor
Rockwell Homecraft
Melvor
Soupiter
Disston
Pearl ST
Deen Othe
Orion
Cutter
Edge
SCU
Windex
Reg
Our
Lacrosse
Main Street
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