Compromise Tax Bill Raises Personal Exemption To $750
The measure raises personal exemptions to 750 and expands relief for seven million poor taxpayers and five million near poor. It phases in higher standard deductions from 1971 to 1973, narrows depletion allowances, imposes a 4 percent tax on investment income of foundations, and raises capital gains taxes while boosting Social Security benefits. The bill aims to raise government revenue early while delivering a second largest tax cut in U.S. history, with open debate and White House cautious on veto prospects.
MENTIONED IN THIS ARTICLE
House
Senate
U.S
Albert E. Gore
D-Tenn
Senate Finance Committee
Gore
House- Senate
Nixon
Treasury
Charles E. Walker
Walker
White House
Four youths sought in Las Vegas detective kin slaying case
Las Vegas detectives investigate a slaying linked to a Livingston Texas pursuit and a missing maroon car. Carlisle, a Las Vegas man, was found murdered in his apartment as Lt. Roy Carlisle works from Houston.
MENTIONED IN THIS ARTICLE
Carlisle
Livingston
Texas
Houston
Randy McNeil
U. S. 190
John Carlisle
Roy Carlisle
Las Vegas
Denton
Sheriff's Office
Las Vegas and
Tennessee University
Edwin Albert
Ed” Collins
Collins
McKinney
Tex
Bud Gentle
Indiana
Memphis
Little Rock
Young Collins
Edwin A. Collins
Las Vegas Blvd
South
Frontier
Florida
University of Tennessee
Democrats Rally Behind $1.5 Billion HEW Hike
Congressional leaders push to pass the HEW bill amid Christmas recess plans. Leaders Mansfield and McCormack defend fiscal priorities while criticizing Nixon on school and health funding. The session also advances a $1.97 billion foreign aid measure and confirms Henry Tasca as ambassador to Greece.
MENTIONED IN THIS ARTICLE
Senate
Mike Mansfield
House
John W. McCormack
Nixon
Congress
McCormack
White House
Federal Reserve Board
Greece
Henry J. Tasca
Tasca
Legal Aid For Suspect In Los Angeles Murder Case
Former state and county prosecutor Marvin L. Part, 38, was appointed Friday to defend Leslie Van Houten, 19, in the LaBianca murders linked to the Manson group. He will be county paid as Van Houten appears with Manson and Linda Kasabian for arraignment. Part noted the case's immense public interest and potential venue issues.
MENTIONED IN THIS ARTICLE
Los Angeles
UPI
Leslie van Houten
Marvin L. Part
Superior Court
Wiliam B. Keene
Miss van Houten
Death Valley
Rosemary
Leno LaBianca
Charlies Manson
LaBianca
Sharon Tate
Manson
Linda Kasabian
Part
Los Angeles County
Susan Denise Atkins
Patricia Krenwinkel
Mobile
Ala
Charles D. Watson
Texas
Houston
Donald Barnett
Keene
Barnett
Miss Atkins
Youth Hijacks Chilean Plane
A 25 year old Chilean man hijacked a LAN Airlines Boeing 727 with 98 aboard two hours after departure from Santiago. He forced pilot Joselino Vargas at gunpoint and had a knife at his back while threatening to kill. 74 passengers and 10 crew continued to Havana after a stop at Arica. one passenger disembarked.
MENTIONED IN THIS ARTICLE
Santiago
Chile
YPI
LAN Airlines
Cuba
Western Hemisphere
Arica
Guayaquil
Ecuador
Panama
Caymie
Havana
LAN
Joselino Vargas
Patricio Alarcon Rojas
Molina
Carmen Perez
Humberto Balsa
Christian Democrat Party
Punta Arenas
Antofagasta
Pedro Varas
Patricio Dagach
Newark Mayor and 14 others plead innocent in Mafia extortion case
Newark Mayor Hugh J. Addonizio and 14 others including nine city officials and the reputed mob boss Anthony Boiardo pleaded innocent to a 66 count federal indictment charging extortion and tax evasion. The group faces up to 1300 years in prison if convicted.
MENTIONED IN THIS ARTICLE
Newark
N.J
UPI
Hugh J. Addonizio
New Jersey
Addonizio
Anthony
Tony Boy” Boiardo
Anthony Giuliano
James Coolahan
Boiardo
Coolahan
U.S
Herbert J Sterns
Ruggiero
Richie
Washington
John T. Mitchell
Florida
Internal Revenue Service Irs
IRS
Savings and Loan Associations Get 6 Percent Certificates
Washington officials authorize savings and loan associations to issue new term certificates at six percent for two to five years, but only to existing customers. The move aims to keep funds from shifting to higher yielding investments, with hundreds of millions expected to be converted by year end.
MENTIONED IN THIS ARTICLE
Washington
UPI
Savings and Loan Associations
Federal Home Loan Bank Board
Preston Martin
Martin
Savings and Loans
Turkish Leftists Attack American 6th Fleet Sailors
Turkish leftists shouted Yankee Go Home as they assaulted sailors in Ataturk Square and on the quay in the NATO area. Police arrested seven students distributing a leaflet questioning the fleet’s presence in the Mediterranean.
MENTIONED IN THIS ARTICLE
6Th Fleet
NATO Quay
Ataturk Square
Mediterranean
Woman Arrested After Shell Station Robbery Attempt
Police arrested a 19 year old woman after she allegedly tried to rob the Shell gas station at Bonanza and H Street. She attempted to stab officers with a 12 inch butcher knife and was captured two blocks away at 11 50 a m. A 17 year old boy was held in a separate case tied to a Checker cab driver robbery on McWilliams Street earlier that morning.
MENTIONED IN THIS ARTICLE
Shell
Bonanza
Mary Louise Campbell
William Martin
Martin
Checker
Donald Sherill
McWilliams Street
U.S. Soviet Delegations Reach Nuclear Pact Outline
In Helsinki UPI reports the United States and the Soviet Union draft a common protocol for next year’s SALT talks. The document outlines agreed definitions of target weapon systems and paves the way for a joint communique. Negotiations may specify venue, with Vienna, Helsinki, or Geneva considered.
MENTIONED IN THIS ARTICLE
Helsinki
UPI
United States
Soviet Union
Gerard C. Smith
America
Vladimir S. Semenov
Russia
Vienna
Geneva
Uganda President Obote Shot At Convention
Uganda President A. Milton Obote was shot and wounded as he left the Lugogo Stadium conference hall after addressing the People’s Congress convention. He was taken to Mulago Hospital with non serious injuries. a gunman was arrested outside the auditorium.
MENTIONED IN THIS ARTICLE
Kampala
Uganda
UPS
A. Milton Obote
People’s Congress Party
Obote
Mulago Hospital
Lugogo Stadium
Lake Victoria
Africa
Buganda
Frederick Edward Mutesa
Freddie
Also Mentioned on This Page
Vegas
Sonny Harris
Harris
Maye
Mansfield
Sirhan B. Sirhan
Robert F. Kennedy
Federal Building
Antigua
Constract, Inc
Paul Rigo
Constract
Justice Department
Savings Loan Companies
U. S
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