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Newspaper
Lancaster Farming
Location
Lancaster, Pennsylvania, United States of America
Date
Aug 23, 1969
Page
11
A View discusses a federal tax plan with a 1200 deduction per person, claiming a family of four paying 5 000 would owe 6 in federal taxes and save 108 annually if enacted. The plan deducts state income tax and local taxes, urging reform though requiring local cooperation and public support.
The Pennsylvania Crop Reporting Service released August 1 crop prospects. Snap beans for fresh market show stable production while processing beans rise to 13 000 tons. Cabbage, sweet corn, and tomatoes face declines or gains tied to July rains and June drought. Acreage drops 40 percent to 7 500 acres, lowest in 30 years. The processing tomato crop stands at 153 600 tons, down 13 percent from last year.
World War II pensions and death benefit payments are projected to peak around 2000 with an annual total cost of about 55 billion dollars. This estimate reflects long term cost growth as beneficiaries age and life spans extend.
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