You May Not Get That Tax Cut After All
Federal tax cut prospects spark concerns that state and local governments will raise taxes or create new ones to cover lost revenue. Walter W. Heller argues the demand boost may still lift output and jobs, while state and local tax revenues are seen rising by about $3 billion next year.
MENTIONED IN THIS ARTICLE
Dawson
AP Business News
New York
Congress
Hical
U.S. Treasury
Walter W. Heller
President's Council of Economic Advisers
Heller
Top Faculty Leaving Ole Miss
Ole Miss faces ongoing faculty losses with 34 professors listed for the fall term, signaling a higher turnover than prior surveys. Chancellor Williams estimates about 200 full time teaching positions and notes a trend toward higher ranks resigning, amid calls citing loss of academic freedom and political interference.
MENTIONED IN THIS ARTICLE
Ben Thomas Oxford
Miss
University of Mississippi
James H. Meredith
Associated Press
J. D. Williams
Meredith
Samuel F. Clark
William H. Willis
Clark
Ole Miss
Willis
Property Owners Opposing Federal Project Get Another Chance To Voice Objections
Militant property owners opposing federal plans to develop Assateague Island as a national seashore recreation area gain another hearing next Thursday at 7 p.m. in Snow Hill. Gov. Tawes, who heads the Board of Public Works, ordered the session after a three hour hearing in Baltimore drew about 500 people. The protest centers on a federal plan to create a 23 mile park spanning the island with a Maryland State Park section and keeping nearby Chincoteague Wildlife Refuge. Proponents include Baltimore Mayor McKeldin and conservation groups. opponents urge private facilities mid‑island to serve users of the public facilities.
MENTIONED IN THIS ARTICLE
Gordon Beard
Baltimore
Assateague Island
Department of the Interior
Maryland, Board of Public Works
Tawes
Worcester County
Snow Hill
Stevens
Civic Center
Maryland
Secretary of Interior
Stewart L. Udall
Udall
Department
Namemile Maryland State Park
Chincoteague National Wildlife Refuge
Virginia
James Glen- 801
Theodore R. McKeldin
Secretary of the Interior
Stewart Udall
Island
Board of Public Works
Stiffer Rules On Taxes On Dividends
Washington AP reports new tax rules shifting dividend treatment. The bill doubles the exclusion for individuals and halves the dividend tax credit, with gradual changes starting Jan 1 1964 and 1965. It outlines a net tax cut while phasing in credits and exclusions for corporations and individuals.
Fragmented political note on tax cuts and cattle breeding school
A garbled report discusses proposed across-the-board tax cuts with some offset by changes, noting a 13-12 committee vote and Republican opposition. It references cattleman figures and artificial insemination, plus a Graham School founded by Frank Boreham and Master Breeder recognition for training herdmen and breeders.
MENTIONED IN THIS ARTICLE
Garrelt
Kean Conan
Graham School
Sap
Frank Boreham
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