Ford Plan Cuts Taxes for Low and Middle Incomes Next Year
President Ford proposes tax reductions favoring low and middle income taxpayers to offset higher energy costs. Families of four earning 12 5k to 15k would break even, saving about 250 dollars in taxes. The greatest gain, 349 dollars, applies to those around 10k income, while higher earners see smaller benefits. An 80 dollar payment would go to adults over 18 with no tax liability to offset energy costs.
MENTIONED IN THIS ARTICLE
Washington
Ford
Frank Zarb
Zarb
New Tax Rates Under Ford Plan Narrowly Seen
Treasury releases schedules showing proposed tax rate cuts if Congress approves Ford plan. It would reduce taxes for 1975 with a permanent cut starting Jan 1 and a 12 percent rebate for 1974. A family of four earning 5600 or less would owe no income tax.
MENTIONED IN THIS ARTICLE
Washington
Treasury Department
Congress
Ford
Court Ruling Aids National Party Rules
Washington AP A Supreme Court ruling strengthens national parties by allowing them to refuse seating delegates chosen in state elections. It clarifies who controls delegate selection and upholds conventions as key to the presidential nominating process. The decision erased contempt charges against 59 Illinois delegates linked to the 1972 McGovern nomination. Justice Brennan stressed conventions outweigh state election safeguards.
MENTIONED IN THIS ARTICLE
Washington
Supreme Court
Robert Strauss
Tas
National Democratic Party
Strauss
Mary Louise Smith
Daley
William J. Brennan Jr
No Ceiling For Security Says Chairman
President Ford proposes a five percent cost of living ceiling for Social Security but House Ways and Means sub committee chairman James M Burke says it will not get a hearing. Burke notes the plan’s chances are slim and discusses current and proposed benefit levels and fiscal impacts.
MENTIONED IN THIS ARTICLE
Washington
Ford
James M. Burke
D-Mass
Ways and Means
Social Security
Burke
Acupuncture Like Aspirin Says Chinese-American MD
In Middlebury Connecticut Dr. S J Liao M D Professional Corp offers acupuncture alongside western medicine. The physician born in China in 1920s discusses needles, pain relief, and limits of acupuncture comparing it to aspirin while noting not all patients are treated with acupuncture. He treats pain and is joined by Dr Clifford Chu.
MENTIONED IN THIS ARTICLE
Middlebury
Liao
China
Clifford Chu
Also Mentioned on This Page
State of the Union
National Party
Mexico Area
Star
Electronics 1 & II High School
Equivale
Ics
Northeast Missouri State University
University of Missouri
Linvauin
Robert M. Ball
Ball
Lawrence
Jackson
Huskee
Hardee
Shiai Sees
Face Systems Inc
Sara Ornl
Rapm Puna
East Liberty
Mexico, MO
Rex Johnson
AGRI
Don Arens
Gary Resa
Asst
Rex
Don
Gary
Rful IG
Commerce Bank
JOO West Jackson
Misiehen
Little Rascals
T'Gie
West Plaza
Mexico
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