Costs May Put Texas Agriculture In The Red
Texas agriculture faces a potential financial shortfall as production costs may meet or exceed income in 1974. Commissioner John C. White projected cash receipts of 5.5 billion, down 1 billion from last year, with costs at 5.2 billion. He cited cotton issues floods drought unharvested acres and low prices as burdens for farmers and ranchers and urged legislative review to avoid unnecessary restrictions while protecting producers processors and consumers.
MENTIONED IN THIS ARTICLE
Texas
John C. White
Senate Agriculture Subcommittee
White
Sen
Bill Patman
Surface Transportation Act Support Highlighted in Speech
A House member touts passage of the Surface Transportation Act to improve the transportation system, competition, and regulatory processes while noting hopes for conference preservation of substance and referencing prior sponsorship and re introduction with Rep Brock Adams. The speaker also discusses foreign aid policy and Turkey’s certification requirements amid concerns about aid effectiveness and human rights.
MENTIONED IN THIS ARTICLE
Washington, D.C
House
Senate
Rep
Brock Adams
Washington State
Turkey
U.S
Inflation analysis by Keynes sparks cautious reading
The column discusses Keynes's view on deficit spending and inflation. It cites Keynes's Economic Consequences of the Peace and Lenin's critique, arguing that persistent deficit spending and currency debauchery threaten the economy. The piece notes the danger of policies that are easy to start but hard to end.
MENTIONED IN THIS ARTICLE
John Maynard Keynon
Washington
John Maynard Keynes
Keynes
Lenin
U S Steel Rolls Back Earlier Price Increases
U S Steel said it would roll back its recent price hikes by about 20 percent and try to hold prices for six months. Chairman E B Speer cited a sincere desire to aid the nation in fighting double digit inflation after President Ford criticized the hikes.
MENTIONED IN THIS ARTICLE
Pittsburgh
U.S. Steel
Ford
E. B. Speer
How many acres will it cost you to die
Holiday visitors and farm tax guidance mix as the article warns that 25 to 40 percent of a farm estate may go to death taxes plus administration costs. It explains exemptions, marital deductions, and six strategies including mortgage or sale, government bonds, and estate tax insurance to fund taxes on death.
MENTIONED IN THIS ARTICLE
Sam
Washington
Wally Slonaker
Uncle Sam
Ed Schierman
Limits on VA benefits for veterans abroad
Veterans should check with the VA before traveling abroad as certain benefits are not available in foreign countries. A. A. Hunter notes that services vary, with emergency hospital care possible for service-connected conditions if a VA statement is shown at embassies within 72 hours. Education benefits apply overseas for eligible veterans and family, and checks may be mailed but not guaranteed in foreign addresses.
MENTIONED IN THIS ARTICLE
Veterans Administration
A. A. Hunter
U.S
Philippines
Veterans Menu
Manila
United States
Victoria IRS Office Offers Tax Help Half Days
Victoria taxpayers can get income tax filing help at the local IRS office located at Main and Church. Hours include half days on Tuesdays and Wednesdays with extended Tuesday hours during January to April, and Spanish speaking staff available. a toll free information line is 1 800 492 4830 with no long distance charges.
MENTIONED IN THIS ARTICLE
Victoria
Bruce H. Wittig
Internal Revenue Service Office
Main
Church Street
Senator Bentson calls for tax return privacy protections
Senate report details abuses of IRS data use and calls for new legislation to insulate tax records from political harassment. It cites Nixon era orders and White House leak incidents involving Governor George Wallace and Democratic campaign lists. The bill would restrict sharing tax information and require written purpose-specific requests.
MENTIONED IN THIS ARTICLE
Nixon
Department of Agriculture
Internal Revenue Service
IRS
Senate
U. S
America
White House
George Wallace
Alabama
John Dean
Ae House
Civil Aeronautics Board
Home Loan Bank Board
U. S Postal Service
Tax system reviewed for efficiency and public trust
The article discusses a proposed audit of IRS tax information and a broad review of the tax system to maintain public confidence. It mentions Ginny Koranek of Friday Georgia spending Christmas holidays with family and visiting friends in Austin.
MENTIONED IN THIS ARTICLE
Ginny Koranek
Friday
Georgia
Austin
Also Mentioned on This Page
Surface Transportation Act
THE
Voice OF Business
Arch Booth
Ray’s
Moulton, Texas
Auto Body Shop
Ray Friedrich
James D. Vasek
Dallas
Fred Miculka
Stevens Convalescent Center
Hallettsville, Texas
Darwin Vasek
Erwin Janek
Arkadelphia
Ark
Milton Miculka
Sharon
James Vasek
Komensky
David M. Trail
Clu and
Bruce Tiegs
Farm and Ranch Magazine
IRS Office
Lloyd Bentson
Gonzales
G News
Gonzales County Savings & Loan Association
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