Jarvis urges 20 percent federal tax cut over four years
Howard Jarvis, fresh from Prop 13 victory in California, promotes a 20 percent cut in personal taxes over four years and a $50 billion annual reduction in federal revenue plus spending. He proposes abolishing capital gains taxes, indexing all taxes to inflation, capping total federal taxes as a share of GNP, and redirecting 2 percent of the budget to reduce the national debt. He argues the plan would boost growth and curb inflation while maintaining essential services.
MENTIONED IN THIS ARTICLE
Fort Worth
Texas
California
Howard Jarvis
Jarvis
United States
Midwest storms reduce across Ohio Valley and plains
Storms spread from the Ohio Valley into the Mississippi basin and eastern Nebraska and Kansas with scattered tornadoes hail and strong winds. Five tornadoes touched down in Minnesota and a twister struck Florida with no reported injuries. Warm nationwide except cooler in the upper Missouri Valley. temps ranged from 41 to 92 degrees.
MENTIONED IN THIS ARTICLE
Associated Press
Ohio Valley
Mississippi
Nebraska
Kansas
Rockies
Missouri
Minnesota
Florida
Kentucky
North Dakota
Missouri Valley
Cut Bank
Moat
Rock Springs
Wyo
Phoenix
Ariz
Aircraft firms face fines for future overseas payoffs
Washington AP three major US aircraft makers Lockheed Boeing and McDonnell Douglas face consent orders barring bribes or kickbacks in foreign deals. If violated fines could reach ten thousand dollars daily. FTC claims payments occurred 1970 to 1975 to officials or businessmen influencing sales. firms dispute impact on current practices.
MENTIONED IN THIS ARTICLE
Washington
Lockheed Corp
Boeing Co
McDonnell Douglas Corp
Federal Trade Commission
FTC
Lockheed
Boeing
U.S
Japan
Italy
Kakuei Tanaka
Burbank
Calif
Seattle
McDonnell Douglas
St. Louis
Ben Cook
U.S. reporters win dismissal of Soviet slander suit
In Moscow a Soviet judge dropped the civil slander case against Craig R. Whitney of The New York Times and Harold D. Piper of The Baltimore Sun. The court noted the Foreign Ministry would be informed that the reporters had not pursued legal proceeds and questioned their behavior toward court sessions. The case stemmed from reports about a dissident’s videotaped confession.
MENTIONED IN THIS ARTICLE
Moscow
Lev Almazov
Foreign Ministry
Craig R. Whitney
New York Times
Harold D. Piper
Baltimore Sun
Poe
Theoreign Ministry
Whitney
Piper
Zviad Gamsakhurdia
Gamsakhurdia
Almazov
Soviet Committee On Radio and Television
York Times
Ae and Whitney
New York pressmen strike stalls three papers in bid
Federal mediator says no major concessions seen as a nine day strike cripples The New York Times Daily News and New York Post paper handlers join in. Negotiators meet again to press for talks amid picket lines and union leaders vow action.
MENTIONED IN THIS ARTICLE
NEW York
Kenneth Moffett
Federal Mediation and Conciliation Service
Moffett
New York Times
Post
Daily News
The
Times and News
George McDonald
Mailers’ Union
Allied Printing Trades Council
Washington Post
Also Mentioned on This Page
Pittsburgh
Midwest
Jefferson
West Germany
Soviet Union
Heritage Christian School
Love For Flag and Country
Trinity Baptist Temple
Central Ave
Middletown, O
Country Estates
Monroe
Ars Duff
CE Sea
New York News
John Dogbrozsi Jr
Ins., Inc
First Ave
Middletown
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