McGovern Tax Plan Could Hit Wealth With Heavy Rates
Sylvia Porter outlines how if George McGovern became president his tax proposals might raise taxes on high earners. A minimum income tax could apply to all income above thresholds, including 75 percent of current rates and loss of many deductions. Gift and inheritance taxes would shift to a recipient tax, with steep rates on large sums, and capital gains could be taxed at death. The piece notes congressional resistance and the likelihood of broader tax reform regardless of the winner.
MENTIONED IN THIS ARTICLE
Sylvia Porter
Sen
George McGovern
McGovern
South Dakota
Congress
Senate
The
Research Institute of America
RIA
White House
Stock quotations snapshot from New York and American markets
Today's pre closing stock tables show mixed quotes across major exchanges with widespread percentage changes. Notable listings include IBM Pfizer Exxon Gulf Oil and others, featuring numerous price points and percentage movements across sectors and regions.
MENTIONED IN THIS ARTICLE
New York and
Also Mentioned on This Page
Stockmarket
Global Goodrich Goodyr
GraceWol Grand UO
Gr A&p
GriWest
Gm Grant
Greyhd
Gulf
Hoover
Howmet
Idaho P
I Pwr
Imperial Cp Inac
IBM
Inti Mining
Nickel
T&t
Itek Corprin Jantzen
Jeff Pilot
JohnMy
John Jn
Jostens
JoyMig
KaiserAl
KC Sound
Kange
Kanplt
Kelsy-H
Marcor A
MartMr
Massey May DS MayerOs
Maytag MecCroy
MeGr E
MeGr
HI Mead Co
Memorex Merck
MGM Midsou Minn
Monogram Monsat
Motorola
Nat Airlines
Usw
Ue Newber
Nengel
NingMo
NL Indust
NorfolkWs
Noark
Nw Ban
Nort Sim
OgdenCp
Ohio
Okwge
OlinCorp
Omarkak
Rekl
Otis Eico
Owencf
Owenlll
PacGas
PacLig
PacPetri
PacPwr
Pet&t
PanAm WA Panhdll
Penn Centr Penney
PennDix
Pennpl
Pennzoil
PepsiCo
Pfizer Phelp
PhilaEl Philipm PhilPet Pitney
Polaroid
ProctGli's
Pse&g
Rockwl
Rohrind
Royal CC
Royid
Scaniff
Sania Safewy
HM WM StroMin
StRegis
Sander Asso
Saf Ind
BM ScherPla
Eee Schlum
SCM _ Corp ScottPap
Sears
ShellOil
SierraPe
SignalCo
SimnCo
Singerc
Smithk&f
Scaled
SouthCo
Sonatg
SoPacif
SoRail
Sperryr
Tandy Tdedyne
Teco
Teaco
TeGuf
Tes Utilities Texron
Thiskol
Timien
New York
UPI
Airco
Airlines
Brest
Amt&t
AMF Inep
Ampex Cp
Amstar
Anaconda
Apeco
Armco
ArmsCk
Richfid
Atlas Corp
Avco
Avnet Corp
Bath& Wil Bath Ind
Beckm Bendix
Dkr
Boeing C
Boise Ca
Borden
Borger
Best Ed
Bourns — Inc
Braniffak
Briggs
BritPet
BrGroup
Brunswk
Bucy E
Chase Mn
Chris Craft
Colgate Collin Radio
CBS
Air Ln Cn
Crowell Ca
Curtiss
Dan River
DanaCp
Deere & del
Mnt
DetEdis Disnyw
Distil
Sea Dow Ch Dresser Duke P DuPont Gdynaow
EaKod
Eaton
Ry FarahMf
Ferro Cp
Fireston
Fleming
Flintkotec
FMC Cp
Ford M
Ms Frepton
Fruehuf
Gaon Gac Corp
GAF Cp
Garn Sk
Gannett
Mar
M&m
A.F.M. Inc
Hamilton Street
Allentown
Pennsylvania
E. Washington St
News Box
New Castle
U. S
Wludlt
Ey Teyass
Tompai
Home Improvement Co
Finney
Mchar
Pitiol
Lawrence
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!