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Newspaper
Middletown Journal
Location
Middletown, Ohio, United States of America
Date
Apr 21, 1961
Page
3
President Kennedy proposes taxing dividends in full with a 20 percent withholding. About 15 million Americans own stock as $2.51 billion in cash dividends were paid in Q1, with ongoing growth. The plan targets high earners, arguing current exemptions mostly favor the affluent and could raise $450 million annually.
Two men died when a pickup truck was struck by a passenger train at a crossing west of Marion, Ohio. The train, moving about 9 mph, collided with the truck killing both occupants. Sheriff reports and statements from a train crewman are noted in the report.
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