Tax plan may slash liability for small families
President Carter's $25 billion tax cut would nearly wipe out federal taxes for a family of four with $10 000 income cutting liability from 446 to 16 while higher earners see modest relief. The plan also lowers the top corporate tax from 48 to 44 percent with about 6 billion in business cuts and expanded investment tax credits.
MENTIONED IN THIS ARTICLE
Washington
UPI
Carter
Washington Post
Congress
The
Post
Grocery prices rise in November
Labor Department data show a 0.5 percent rise in consumer prices in November driven by grocery costs and new car prices. Fresh fruit jumped 6.3 percent, beef and eggs rose, and overall CPI stood 6.7 percent higher than a year earlier. The report notes shorter hours for blue collar workers and inflationary drivers across food, automotive, and energy sectors. Grace Kelly and Celeste Holm attended a New York premiere linked to a Beacon Theater event and the film Children of Theater Street.
MENTIONED IN THIS ARTICLE
Washington
UPI
Labor Department
Grace Kelly
Celeste Holm
New York
Beacon Theater Cultural Center
Children of
Theater Street
Median plan rescinded on Ocean Avenue intersections
City Council voted unanimously to drop a plan extending landscaped medians across four Ocean Avenue intersections, pleasing local business interests wary of reduced access and potential property impacts. Councilmember Stevens voiced caution about timing and broader traffic solutions, while others questioned the cost to residents.
MENTIONED IN THIS ARTICLE
Sue Edelman
Ocean Avenue
E.C. Stevens
Ocean
Stevens
Santa Maria
Broadway
Lompoc
Walnut
Cypress
Joe Valencia
Charles Ward
City Beautification Commission
Also Mentioned on This Page
South Vandenberg Afb
Dan Duffy
Air Force
Duffy
David L. Gray
First
Strategic Aerospace Division
Vandenberg Afb
County Battalion
Donald Perry
June Hazel
Bonnie Hayes
4392Nd
By Barnes
Sys A
Jimmy
Billy Eckstine
White House
Rosalynn
Jazzman Eckstine
Marine Band
Alberta Morgan
Helen Elliot
Caltrans
V Street
Council
Water Purveyors Council
Elinor Lefkowitz
Crime Prevention Committee
Police Department
Wealth & Beauty Haven
West Ocean
Valle Florizt
No. A” St
Fresh Idea
H & M Shoe Store
Ladies
AL and
Rose Hilligus
Lompoc Plaza
LEGO
Magnum
Fran Tarrington
Barbie
Ski Village
Dreamboat Beauty Boutique
Uncle Tom’s Toys
Tours
Taylor
TYRO
Fisher - Pric
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