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This newspaper page contains 6 articles. Subscribers can read the full text of each article.
Newspaper
Newton Kansan
Location
Newton, Kansas, United States of America
Date
Jun 10, 1976
Page
4
The IRS pushes a plan to withhold income tax from interest and dividend payments claiming it would assure taxes are paid. Critics argue it raises $2.4 billion but increases costs for savers and adds record-keeping burdens on banks, while urging tax cuts and closing loopholes benefiting the wealthy.
Harvard economist Martin Feldstein warns Social Security earns no interest since it does not invest, risking future payouts as private pension funds grow. He cites revenue shortfalls if government taps general funds, plus other inequities like nonworking wives receiving equal benefits and municipal withdrawals worsening funding.
Washington reports Chile's Esmeralda will join over 200 vessels from 35 nations in New York Harbor on the Fourth of July. Critics cite OAS findings of torture aboard the ship after Chile's 1973 coup while Operation Sail organizers seek a nonpolitical, people to people display.
The piece cites Dr. Aubrey P. Altshuller of the EPA noting rising atmospheric carbon tetrachloride from unknown large natural sources while other scientists debate fluorocarbon effects. It mocks urgency as depletion grows, contrasting with ozone concerns.
Richard L. Lesher leads a planned merger of the National Association of Manufacturers and the Chamber of Commerce of the United States. He says the move signals a broader shift toward conservatism and a more unified business voice, as both groups expand memberships and broaden testimony before Congress.
Flushing residents and southern Ohio supporters rally behind Wayne Hays amid a national controversy over alleged misuse of funds for a mistress. Locals praise his 14 terms of service, citing roads built and housing for the elderly, while critics call for accountability.
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