Tax Cut Hope Faces Death with Slow Change
Washington reports House Democrats consider selective income tax relief and possible excise tax tweaks while Congress opens amid calls for restraint. The plan aims to ease burdens on small businesses and certain consumer taxes, with broad rate cuts unlikely this session.
MENTIONED IN THIS ARTICLE
Hope Alsom
Washington
Congress
Capitol
Fi Hill
House’ Ways and Means
Ways and Means
Cess
Eisenhower, Administra
Indian Health Aid Mapped to Expand Federal Program
Washington reports Secretary Folsom described plans to expand federal health assistance for American Indians. He cited high infant death rates and poor sanitation, pushing for a five year cooperative program with states and communities, improved facilities, training for more Indian health workers, and better sanitation and dental care. The budget proposal outlined a large 1956 tax cut block with forecast federal spending near 79 billion dollars and Treasury concerns over revenue.
MENTIONED IN THIS ARTICLE
Washington
Folsom
Tony
Will
Geek
Ipro
Capitol Hill
Eisenhower
Congress
California cities levy local 1 percent sales tax
The State Board of Equalization said it began collecting a local 1 percent sales tax for 200 cities and 28 of 58 counties. It estimates 34 million dollars in local tax receipts for the first quarter of 1957, with 29 million to cities and 5 million to counties. The local levy accompanies the 2 and 6 percent state taxes and is distributed by the board. About four-fifths of taxable shares are now covered by local taxes, effective January 1 in Butte Kern Napa and Ventura counties and 20 cities therein.
MENTIONED IN THIS ARTICLE
Sacramento
OPEC
Butte
Kern
Napa
Ventura
Canada Rail Strike Tests Pacific System Across Nation
Montreal and across Canada the Canadian Pacific Railway halted operations as about 3000 firemen and engineers walked off at 4 p.m. local time. Picket lines appeared from Atlantic to Pacific while unions pledged not to cross the railmen’s lines. CPR president N R Crump urged a federal concili ation board plan to gradually remove firemen from diesel engines, with about 200 workers directly affected and widespread unemployment feared for dependent industries.
MENTIONED IN THIS ARTICLE
Montreal
Canadian Pacific Railway
Canada
Atlantic
Pacific
Railway
Brotherhood of Locomotive Firemen and Engineers
CLC
CPR
N. R. Crump
Crump
Federal Conciliation Board
Raiseway
Legislators open 90 day session dubbed Playhouse 90
In Annapolis Maryland the Maryland General Assembly convened for a 90 day session on Wednesday. Lawmakers nickname the event Playhouse 90 reflecting the theatrical mood and the busy agenda ahead.
MENTIONED IN THIS ARTICLE
Annapolis
Statehouse + ways
Maryland General | Assembly
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Indian Health Aid
Treasury
Calif
Farmers & Merchants
The
Federal Reserve System
Federal Deposit Insurance Corporation
Nunn-Buss
Long Beach
Coats
California
Every
Coet
Park & Shop
Lakewood Center
Bradbury
SAS
Ned
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