Oil and Gas Tax Breaks with Broad Reform Looming
The tax picture for oil and gas speculators could change under a pending reform bill. Right now intangible drilling costs offer immediate deductions, depletion allowances, and potential capital gains benefits. The proposed crackdowns would limit deductions and recapture costs as ordinary income, creating risk but still offering timing advantages if deals launch before year-end.
MENTIONED IN THIS ARTICLE
Cabei
Khirst
Warach
Ford Weakness Splits Gop Fund Drive and Auto-Nation Faces Split
The Republican National Committee withholds fundraising services from Ford mirroring neutrality toward Reagan, signaling doubt Ford can win renomination. The piece links domestic woes and rising nationalist movements abroad to broader political fragility and potential GOP realignment.
MENTIONED IN THIS ARTICLE
New York Times News Service
New York
Gerald Ford
Republican National Committee
Ford
Ronald Reagan
Richard Nixon
Dwight Eisenhower
Lyndon Johnson
National Party Committee
National Committee
Reagan
Mark My Words Setting An Example By Jim Fiebig
A columnist criticizes the $50 million seat belt campaign and argues against relying on parental persuasion. He cites President Ford’s Hartford accident and contrasts child development theories with practical guidance. He asserts if Ford were his child, he would wear a seat belt.
MENTIONED IN THIS ARTICLE
Ford
Hartford
Conn
B. J. Campbell
National Motor Vehicle Safety Advisory Council
NMVS
Las Vegas political notes mix reform talk and local disputes
Nevada Senator Paul Laxalt hosted a Las Vegas dinner honoring former Mayor Oran Gragson who will raise funds for President Ford. The column discusses a bill cosponsored by Rep James Santini to slash federal grants and the consolidation debate between Clark County and Las Vegas, plus Oklahoma Senator Mary Helm’s ERAs opposition and Birch Society sponsorship of an anti-effort.
MENTIONED IN THIS ARTICLE
Pollytics
Nevada
Paul Laxalt
Las Vegas
Oran Gragson
Gragson
Gerald Ford
Rockefeller
U.S
James Santini
Congress
Committee On Committees
Clark County
Oklahoma
Mary Helm
John Birch Society
American Opinion Library
Also Mentioned on This Page
Eli Warach
New Jersey
Sylvia Porter
George F. Will
Tom Wicker
Washington
Netherlands
Indonesia
Soviet Union
Yugoslavia
Indian
Madrid
France
Brittany
Breton Revolutionary Army
National
Paris
Occitanie
Rhone
Pyrennees
Savoy
Alsace
Corsica
Department
Var
Italy
Rome
Westminster
United Kingdom
Grand Rapids
George Wallace
Barry Goldwater
George McGovern
White House
China
Goldwater
Pat Buchanan
Wallace Democrats
Kleppes
By Jim Fiebig
Vince
Vegas
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