Value Added Tax Not Dead Despite Back-Burner Talk
Treasury under secretary Edwin S. Cohen says the national value added tax VAT remains a possible option for funding programs and simplifying the tax code though no decision is imminent. He notes VAT could be designed as proportional with credits or mixed rates, and cites European experience as a guide while acknowledging political timing.
MENTIONED IN THIS ARTICLE
Washington
Nixon
Associated Press
Treasury
Edwin S. Cohen
Cohen
White House
Advisory Council On Intergovernmental Relations
Circus Ticket Sale Aids Shelter In August Push
Adults save one dollar on tickets bought by Sunday August 13 with half proceeds donated to Trenton Animal Shelter. Tickets cost adults three dollars and children two dollars. Purchases at Lewis Drugs in Middletown Booth Drugs Davidson Photo Shops Cookies Grocery House of Drugs in Franklin.
MENTIONED IN THIS ARTICLE
Trenton Animal Shelter
Lewis Drugs
Middletown
Trenton
Booth Drugs
Davidson Photo
Cookies Grocery
House of Drugs
Franklin
Levy described as stage tax with consumer credit proposal
The article explains a value added tax system where tax accrues at each production stage and ends with the consumer paying. Cohen suggests mitigating consumer impact by allowing an income tax credit based on family size, arguing the fairness of such relief.
MENTIONED IN THIS ARTICLE
Cohen
Cincinnati Amtrak Service Faces Possible Dropping
Amtrak says the Cincinnati route from Washington to Chicago has lost about 2 million since 1971 and could be dropped next year if losses continue. The line incurs high terminal costs and slow speeds due to poor Indiana trackage and Penn Central’s lack of upgrades.
MENTIONED IN THIS ARTICLE
Cincinnati
Amtrak
Jim Bryant
Washington
Newport News
Chicago
National Railroad Passenger Corp
Bryant
Union Terminal
Indiana
Penn Central
Nature School Starts Monday at Camp Hook
The annual two week aquatic and nature school opens Monday at Camp Hook for cubs webelos and adult den leaders. Two courses run one hour each afternoon for one week with options for beginners swimming and an introductory nature course. Merit badge training related to aquatic and nature areas lasts two weeks.
MENTIONED IN THIS ARTICLE
Camp Hook
Klan Rally Planned at Loveland Park in Warren County
Ku Klux Klan officials estimate about 500 people will attend a statewide membership rally Saturday night at Loveland Park in southern Warren County. Imperial Wizzard James Venable of Atlanta is to speak, with Klan officers from several states attending. the event includes cross burnings and large crosses as part of the display.
MENTIONED IN THIS ARTICLE
Lebanon
Ku Klux Klan
Loveland Park
Warren County
Estate of Brig. Gen. Williams wills major gifts to park and collection
The bulk of the 12.5 million estate of Brig. Gen. Lewis Kemper Williams is left to a foundation. The gifts fund a public park on his St. Mary Parish farm and endow the Historic New Orleans Collection in his French Quarter buildings.
MENTIONED IN THIS ARTICLE
Lewis Kemper Williams
St. Mary Parish
New Orleans
Knight on Horseback Rally Sparks Security Fears
Reusch urged a peaceful public rally while noting a security force of Klansmen will patrol. Warren County deputies expressed no concern but said they will monitor the event.
MENTIONED IN THIS ARTICLE
Reusch
Warren County
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Pasquale
East 6Th St
the Friendlyamily
Monroe Ph
Blue Ribbon
Wayne Sallee
Ciney
AG AG
Murphy’s
Corsair
Softee
Cannon Cannon
Sis T.V. Antenna
Aqua Net Professional
Wein Hegeg
Black & White & Color Co Son
Quaker State
OUR Discount
Klan
James Venable
Atlanta
Ttorney
Imperial Wizzard
The
Dale Reusch
Ohio
Lodi
South Carolina
New _ Jersey
Maryland
Georgia
Zeke Turner
Billy Homes
Moose Lodge
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