Tax Bill Slashes Rates Across The Board In New Reform
The measure lowers individual rates from 20 19 to 16 77 percent for this year and 14 70 percent for 1965. Withholding drops from 18 to 14 percent. Corporate rate falls from 52 to 30 percent for 1964 income and 43 percent thereafter. Normal and surtax rates shift for small businesses, reducing deductions and altering exemptions. State local tax deductions trimmed. stock dividend tax credit cut from 4 to 2 percent, with doubled pre tax deduction limits. Retroactive to Jan 1 1964, returns filed by April 15 cover 1963 income.
MENTIONED IN THIS ARTICLE
Washington
Treasury
Pistol in His Hand Ended Bright Scholars Romance
In Houston two Rice University students Kaylah Holcomb and John Calhoun died in a hotel room. Police called it murder and suicide after Holcomb was found shot in the back of the head and Calhoun shot himself under the ear with a .38 revolver in his hand.
MENTIONED IN THIS ARTICLE
Kaylah Holcomb
Baytown
Rice
John H. Calhoun
John C. Calhoun Jr
Texas A&m University
Oung Calhoun
College Station
Calhoun
Miss Holcomb
Bound Over In Robbery and Auto Theft Case
Two Hamilton men were bound over to the Butler County grand jury after allegedly robbing a West Middletown man and stealing his car. Gerald Johnson and Robert Vaughn, both 29 to 31, were held on $10,000 bonds each and pleaded innocent to armed robbery and automobile theft. A Combs residence led to their Rome Georgia arrest. the crime is said to have occurred in southern Butler County.
MENTIONED IN THIS ARTICLE
Hamilton
Butler County
West Middletown
Frank E. Wessel
Hamilton Municipal Court
Gerald Johnson
Robert Vaughn
Albert Combs
Emerick Ave
Rome
IRS Mess Ups Sample Tax Form Error
An IRS sample tax form copy shows an incorrect wage figure of 1375 instead of 1025, cutting a fictional couple’s refund from about 115 to 33. The mistake disrupts the sample return and correction sheets are issued for the front of the tax guide Your Federal Income Tax.
MENTIONED IN THIS ARTICLE
Washington
Uncle Sam
Internal Revenue Service
Frank and
Evelyn Jones
IRS
Attitudes of Adults Shape Children at PTO Meeting
At a joint Lincoln and Wilson PTO gathering Wilson School heard Thomas Stephens of the Ohio State Department of Education stress that rough adults foster rough children while patient adults foster better development. He urged parents to accept children as children and offer encouragement rather than impose adult standards. The program featured Lincoln school choir under Mrs. Dorothy Trifunovice.
MENTIONED IN THIS ARTICLE
Lincoln and Wilson Ptos
Wilson School
Thomas Stephens
Department of
Ohio State Department of Education
Stephens
Lincoln School
Dorothy Trifunovie
Boy Hit By Car Treated For Injury
Five year old Eric McClure son of Louis McClure 818 16th Ave was x rayed at Middletown Hospital for a possible back injury after running into the path of a car near his home yesterday at 7 pm Mischie Day 700 16th Ave drove the youth to the hospital Police investigated four other accidents all resulting in only minor damage
MENTIONED IN THIS ARTICLE
Eric McClure
Louis McClure
16Th Ave
Middletown Hospital
Mischie Day
Franklin Firemen Respond to Two Grass Fires
Franklin firemen were called to two grass fires yesterday afternoon with no losses reported. The first fire occurred at 12 40 p m in woods on Harold Gampher’s property at 998 F E Fourth Street. The second fire was reported at 1 40 p m on Thomas Deaton’s property at 4202 Routt Lane.
MENTIONED IN THIS ARTICLE
Franklin
Woods
Harold Gampher
Fourth St
Thomas Deaton
Routt Lane
Bond Forfeited In Middletown Court Case
Fred Danford aged 56 of 200 The Alameda forfeited three bonds of 59 dollars each in Middletown Municipal Court. The charges of intoxication disorderly conduct and resisting arrest were filed January 22 by city police, records show.
MENTIONED IN THIS ARTICLE
Fred Danford
Alameda
Middletown
Stolen 1958 Model Car Tied to Teacher Paul Gates
Police brief notes a 1958 model car owned by Paul Gates a teacher at McKinley Junior High was stolen from near the school area around 9 30 p m yesterday. Vandal damage was also reported when a rock shattered a window at 1507 Heffner Ave causing 10 in damage.
MENTIONED IN THIS ARTICLE
Paul Gates
11Th Ave
McKinley Junior High
Gates
Heffner Ave
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