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Newspaper
Lawrence Journal World
Location
Lawrence, Kansas, United States of America
Date
Feb 24, 1938
Page
3
Washington gives details of a House Ways and Means Committee tax revision plan. Representative Vinson says the bill eases tax burdens on most corporations and preserves revenue, with new surtaxes on closely held firms and changes to undistributed profits and capital gains taxes.
Vinson explains a 20 percent surtax applied only to income after regular taxes and dividends are deducted plus one of three subtractive options. Only corporations with high single ownership or tight control would be taxed, and the effect on firms is limited by thresholds and distribution levels.
Harvey Porter, 46, farm hand charged with first degree murder in his father George Porter's death, was ordered confined to a hospital for dangerously insane after a sanity commission found him insane. Porter was arrested after his father, 85 year old George Porter, was found shot to death on a roadside in Wellington, Kansas. Justice A. L. Chase ordered the hearing on the county attorney's application.
Bettie Russell of Leavenworth suffered serious injuries after a car accident near a Santa Fe crossing. The vehicle struck rails and a power pole, leaving her in Cushing Memorial Hospital with multiple injuries including a fractured leg and skull. Traffic delays occurred as the wreck was cleared.
Thursday small turnout for Neighborhood Circle at Mrs Mildred Champion's home. Families from McLouth attended a birthday dinner for Mrs Osborn at Nate Osborn's home. Also present were the McPherson and Osborn families. Farm and Home week at Manhattan drew several local women attended by Alvin Smith and others.
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