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Middletown Journal in Middletown, Ohio

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This newspaper page contains 4 articles. Subscribers can read the full text of each article.

Newspaper

Middletown Journal

Location

Middletown, Ohio, United States of America

Date

Dec 23, 1969

Page

2

Tax Bill Clears Congress to End Year Actions

The massive tax reform bill clears both houses, heading to the White House for signature. Senate approval on the Philadelphia plan allows limited job programs for African Americans on federally funded construction projects, with debate over veto threats and holiday adjournment.

Washington Senate Nixon House White House Philadelphia Scott

Tax Suit Claims War Illegal in Brooklyn Court

Walter G. Pietsch of Queens files a federal suit challenging the 1968 surtax used to fund the Vietnam War. He seeks an injunction to stop tax collection and to declare the war illegal. Judge George Rosling orders briefs from Pietsch and respondents including President Nixon and Treasury officials.

New York United States U.S Brooklyn Walter G. Pietsch Queens City Hospital Americans For Democratic Action George Rosling Pietsch Nixon Secretary of the Treasury David M. Kennedy Charles A. Church Internal Revenue Rosling U.S. Atty Louis Rosenthal

Tax Reform Effective Dates Listed By Year

Washington AP reports key dates for tax relief provisions from the reform bill. Starting Jan 1 1970 the surcharge drops from 10 to 5 percent and the low income allowance rises to 1100 dollars. July 1 1970 ends the surcharge and increases dependents exemption to 650 dollars. Jan 1 1971 raises standard deduction to 13 percent up to 1500 and raises low income allowance to 1050 with new single rate, Jan 1 1972 increases personal exemption to 700 and standard deduction to 14 percent with 2000 ceiling and earned income rate to 50 percent, Jan 1 1973 lifts personal exemption to 750 and standard deduction to 15 percent with 2000 ceiling.

Rise Seen in Federal Civilian Pay Costs

The Tax Foundation reports civilian pay and benefits totaled about 26.3 billion dollars in the year ending June 30. Costs are projected to rise to 30.4 billion dollars in fiscal 1970.

New York Tax Foundation, Inc

Also Mentioned on This Page

Congress Hugh Scott R-Pa Robert C. Byrd Dw.va Sen Robert Dole Treasury Dodds Monuments Verity Pkwy Lth Woodside Cemetery Charles Bud) Steller Mer Disant Hospital Bulance McCoy Lefler Sutphin Woodlawn Homer D. Leffler Middletown Weber National John Edward McMahon Cleveland Bryant Goodlark Hospital Dickson Tenn Tax Reform Bill Merry Christmaas Yule Central Ave Ohio Sia Home Owned Trenton Jackson Lane Grand Ave Tangerines Taylor’s Tangelos Domino Tabletreat IGA HAM U.S. No Idaho
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