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Newspaper
Lawrence Journal World
Location
Lawrence, Kansas, United States of America
Date
Dec 10, 1971
Page
15
Congress sent to President Nixon a $15.8 billion three year tax cut for businesses and individuals. Senate approved 716 to 0 after House 320 to 74. Auto buyers to receive refunds averaging about $200 as the 7 percent auto excise tax is repealed retroactive to Aug 16.
The measure increases the 1971 personal exemption from 650 to 675 and 750 in 1972, aiming to reduce tax withholding for many but increasing net deductions for higher earners. It raises the low income standard deduction to 1300, providing relief to about 25 million individuals and eliminating income taxes for 2.8 million. A 7 percent tax credit for plant investment and faster depreciation writeoffs are also included.
Sun returns after an 11 day absence with partial sun on Saturday. Highs in the 40s and lows in the 20s, with a 10 percent chance of precipitation tonight and 5 percent Saturday. Kansas University station shows .63 inches moisture from Thursday evening to today. Lawrence highs reached 36 Thursday and low 31 overnight.
Different buyer tastes shape this year’s Christmas tree market. Artificial trees gain modestly while natural cut trees remain majority with preference for Scotch and Norway pines. Balled trees grow in appeal for eco minded shoppers and as a family outing to a tree farm. The Lawrence weather boosts October cut trees’ freshness.
London AP report states two government chiefs flew the Concorde at twice speed of sound for 75 minutes and approved full production. Government expects at least 12 Concordes for airline service by 1974, with estimated $30 million per plane and initial government funding of $2.21 billion.
Noah Dietrich, a longtime Hughes adviser, says a Hughes biography by Clifford Irving may have basis but could not come from direct Hughes interviews. McGraw-Hill plans to publish next spring citing Irving interviews in motel rooms and cars across the western hemisphere. Dietrich notes Hughes was immobile and never left his Bahamas room for years, suggesting alternate sources for the book.
In the Mekong Delta near U Minh Forest two US Army Loach helicopters were shot full of holes. Rescue pilot Joe Estes attempted a second rescue after the first chopper was downed. The day left two American fliers dead and seven wounded with two helicopters destroyed. Estes and crew exposed to heavy fire as Navy Seawolf gunships and Bronco planes joined the rescue.
Communist forces downed five U S helicopters and three South Vietnamese aircraft in South Viet Nam and Cambodia. Three American rescue helicopters were damaged according to field reports released today by military authorities.
Indian troops crossed the Meghna to establish a bridgehead at Ashuganj 36 miles northeast of Dhaka and claim the path to Dacca is clear. Reports say 30,000 Pakistani troops are in the area as India pounds West Pakistan fronts and a naval task force bombards Karachi.
U S officials say Pakistan faces dire odds in East Pakistan with Indian force superiority and air dominance preventing a retreat by sea. In the West the long view is bleak as New Delhi could seek a dictated peace or dismemberment, while Chinese intervention is dismissed.
Republican leader Senator Robert Dole plans a push to equalize delegate representation at the 1972 GOP convention with women and men each holding half of the delegates. He cites women doing most campaign work and notes 17 percent of 1968 GOP delegates were women. Armstrong supports a sizable increase in women delegates though not full parity.
Stanford Calif AP bomb damage to the world's longest atom smasher will not exceed 45000, says director Wolfgang Panofsky of the Stanford Linear Accelerator Center. Initial estimates for repair after last Tuesday blasts at the tunnel under the San Francisco Peninsula hills ranged to 100000. Panofsky adds no information yet on motive or method of execution.
A brief weather note on a sunny cool day appears on page five with partial details urging readers to check the full index for the complete forecast.
Service day or night at Rumsey Funeral Home advertised by Russell Stover Candies and Key Rexall Adv listing contact 843-6111 for arrangements.
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