Don’t Tax Gamblers Fed Study Urges
A federal commission urges exempting legal gambling winnings from income taxes to boost competition with illegal gambling. The 413 page report to President Ford calls for states to set policies, private casino management, and tax changes including excluding legal winnings from losses with proof of legality. It also urges focused enforcement against organized crime bosses while reducing on track takeout to boost revenues for states and bettors.
MENTIONED IN THIS ARTICLE
Washington
UPI
Ford
Congress
Commission On
Commission
Teamsters Chief Probed In Hoffa Disappearance
UPI reports Detroit investigators subpoenaed personal and union records of Frank Fitzsimmons, Hoffa’s hand picked successor and rival, as a grand jury probes the disappearance of James R. Hoffa. Van Dam refused to confirm specifics while noting ongoing progress.
MENTIONED IN THIS ARTICLE
Detroit
UPI
Philip van Dam
James R. Hoffa
Teamsters
Frank Fitzsimmons
van Dam
Fitzsimmons
Jimmy Hoffa
Detroit Free Press
Grand Jury
Hoffa
Free Press
Three Americans Win Nobel Prize in 1976 Awards
Milton Friedman wins the economics prize for his monetary policy theory. Baruch Blumberg and D. Carleton Gajdusek share the medicine prize for discoveries about infectious hepatitis B and a slow virus linked brain disease. Each prize carries 150000 dollars. the peace prize is to be announced Friday.
MENTIONED IN THIS ARTICLE
Stockholm
Sweden
UPI
Milton Friedman
Baruch §. Blumberg
D. Carleton Gajdusek
Blumberg
Africa
Royal Swedish Academy of Sciences
Friedman
University of Chicago
Detroit
Gajdusek
Tunguska blast may be nuclear space craft crash
Soviet scientist Alexei Zolotov suggests the 1908 Tunguska explosion was a nuclear explosion from an artificial object from another world. Tass reported his team found higher radioactivity in 1908 permafrost and tree remnants, supporting an artificial origin hypothesis amid debate over meteorite or comet explanations.
MENTIONED IN THIS ARTICLE
Moscow
UPS
Siberian
Globe
Tass
Alexei Zolotov
Tunguska
Siberia
Earth
Zolotov
Greenspun Grew Debt Amid Hughes Lien Disputes
Deposition of Summa Corp. president Frank Gay testified that Howard Hughes gave no board instructions to record a deed on the property and that the board never passed a formal resolution. Barbara Greenspun described mounting debt tied to the newspaper and real estate ventures, while Mark Fine noted $12 million in land contracts, most now in litigation, with bonds setbacks blamed on a Hughes lien and failed utility work.
MENTIONED IN THIS ARTICLE
Frank Gay
Summa Corp
Gay
Howard Hughes
Hughes
Greenspun
London
Mike O'Callaghan
Board of Directors
Houston
Chester Davis
Davis
Clark County
George Franklin
Harry Reid
Franklin
Summa
Robert Maheu
Nevada
Barbara Greenspun
Mark L. Fine
American Nevada Inc
Corporation
Fine
Waterfield Convicted in Santa Maria Target Shooting Death
Robert J. Waterfield, 20, son of actress Jane Russell and football great Bob Waterfield, was found guilty of involuntary manslaughter in the shooting death of Oscar Hernandez, a Mexican farm worker, during a party at a Haybaler Bar in rural Cuyama. He testified he drank 24 beers before the incident and jurors debated second degree murder versus manslaughter before the verdict. sentencing set for Santa Barbara on November 9.
MENTIONED IN THIS ARTICLE
Santa Maria. Calif
UPI
Robert J. Waterfield
Jane Russell
Bob Waterfield
Santa Barbara County
Brandler
Young Waterfield
Pamela
Santa Barbara
Paul Caruso
Waterfield
Oscar Hernandez
Maricopa
Cuyama
Hernandez
Utilities Warn Of Crisis In Mandatory Curtailment Call
The American Public Power Association warned that the United States must prepare for mandatory electricity curtailment unless major federal actions are taken. It urged a government owned fuel company and a comprehensive energy policy to avert a national crisis.
MENTIONED IN THIS ARTICLE
Washington
UPI
United States
Ford
Jimmy Carter
American Public Power Association
Also Mentioned on This Page
Fed
Bettors
Upifnto
Honolulu
Union
Feds
Grab Records
Karolinska Institute
Gaidusek
Tungus Taiga
Samuel Lionel
Lionel
Colorado Springs
Greenspuns
City of
Henderson
Great Scout and Cathouse
Colorado
Lee Marvin
Scout
Sam Knox
Oliver Reed
Billy
Strother Martin
Colby
Robert Culp
Elizabeth Ashley
Howard Platt
Vishniac
Sylvia Miles
Mike
Kay Lenz
Las Vegas Sun
Highland
SUN
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