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Newspaper
Myrtle Point Herald
Location
Myrtle Point, Oregon, United States of America
Date
Jun 17, 1954
Page
3
Critics warn that raising personal income tax exemptions from $600 to $1000 would weaken the current economy and burden future generations. They argue one in three would pay no federal tax, costing $9 billion in revenue and swelling the national debt beyond $275 billion. Some say future voters cannot oppose today’s plan.
Analysts see signs the economy shifts from wartime production to peacetime output with a strong 1954 outlook. Despite political spending and skeptics, indicators point to a generally good year, possibly second only to 1953 in vigor.
The rhetoric blames Democratic leaders and calls for tax relief framed as responding to decades of taxpayer burden. It asserts Republicans achieved tax cuts when in power, cites 270 billion debt as constraint, and references Senator Harris Ellsworth's recent letter.
A guest at KWRO station recounts a pleasant 5 30 to 6 PM broadcast of the Joe McCarthy wrangle with Lynn Thomas and Sid Roach in the booth. The piece then shifts to a humorous potpourri of quips about politics, the military, aging, and rural life with a collage of jokes and anecdotes.
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