Withholding System Lifts Oklahoma Tax Revenue Growth
Oklahoma's income tax withholding system, in effect since July 1961, raises state revenue by about 1.5 million dollars annually and adds 20,000 to 25,000 taxpayers to the rolls. For 1962, 37,882 more individuals paid income taxes than in 1961, with total receipts of 33,919,818 after refunds. individuals paid 18,464,899 and corporations 14,154,920. The average tax per person fell as the base expanded. The 1963 Legislature allowed lowering withholding from 5 to 4 percent, but the Tax Commission plans no change yet.
MENTIONED IN THIS ARTICLE
Oklahoma City
Oklahoma
Tax Commission
Rupert Wilson
Income Tax Division
Wilson
Joe Dunn
Commission
Soviet Open to Discuss Arms Plans at Disarmament Talks
Soviet disarmament sources said Moscow is ready to discuss all proposals for limited agreements such as observation posts to guard against surprise attacks during the five week session of the disarmament conference. Western sources noted cautious optimism as talks focus on one issue at a time.
MENTIONED IN THIS ARTICLE
Geneva
UPI
Moscow
North Atlantic Treaty Organization
NATO
United Nations General Assembly
New York
OC Faces $26 Million Deficit If No New Revenue Found
An auditing firm report to the Oklahoma City Council says the city will face a $26 million deficit over the next five years without new revenue. It proposes two options: a likely earnings tax and a mix of taxes on gasoline, cigarettes, alcohol, cars, a poll tax, a sewer charge, and a gross receipts tax for retailers.
MENTIONED IN THIS ARTICLE
Oklahoma City
Oklahoma City Council
Birmingham High Schools to Integrate in Sept Under UPI
Birmingham Alabama moves toward desegregation with plans to integrate high schools in 15 days and start classes on September 4. The Birmingham plan enables partial 12th grade integration while other Alabama districts under court orders prepare to submit plans and begin site desegregation in September.
MENTIONED IN THIS ARTICLE
Birmingham High Schools
United Press International
Birmingham
Ala
Deep
South
Alabama
Mobile
Clarence Allgood
Huntsville
Tuskegee
Tuskegee Institute
Septemer
Mississippi
South Carolina
Albert Boutwell
Oklahoma City Man Dies From Gunshot Wounds
A 58 year old Oklahoma City man Frank Oliver died Monday night from gunshot wounds suffered at his home. Police hold his wife Carrie Oliver for questioning.
MENTIONED IN THIS ARTICLE
Oklahoma City
Ap)i
Frank Oliver
Carrie Oliver
Also Mentioned on This Page
Soviet
Hood-Donley Agency
Pea Swimming Pool
Southwestern
Southwest
Southwestern Furniture and Appliances
Omaha
Lexington
N. C
St. Louis
The
Urban League
Los Angeles
Johnny James
James
Cambridge
Mid
Lawton
Aust Mortgage & Investment Co., Inc
Foe Peller Insurance Fa
Lawton Ofla
Bey
Texas
Bob Jones
Sales Mer
Felix Rogers
Garland Corban
Mer
Jim Recer
Fay Hillis
Louis Pickens
Billi Robinson Doe
Ussery Blair Taliaferro
Oliver Lee
Earl Simons
Back Dees Howard Gather 4
B. Colwell
Paul Adelman
Harold Brooks
M. EB. Reid Otte Kinchen
Doug Morris Speck George Mark Kelley
Harold Coston Bobby Joe Miller
Woody Giles
North Sheridan Road
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