West Texas snowstorm closes year with travel warnings
Weather system from the southwest brings 1 to 3 inches of snow to Odessa with up to 2 more inches possible tonight. DPS reports no major accidents but warns drivers to use extreme caution on icy bridges and overpasses. Flights at Midland Regional Airport run on schedule as a broad storm impacts West Texas and southern New Mexico.
MENTIONED IN THIS ARTICLE
West Texas
Odessa
Department of Public Safety
Eddie Brite
National Weather Service
Midland Regional
Brite
DPS
Patricia Holt
DPS Communications Department
Abilene
el Paso
van Horn
Holt
Tucson
Ariz
Texas
New Mexico
Tax cut begins Saturday under 1983 rate changes
The third installment of last year’s tax cut lowers federal income taxes for a typical family of four earning 20 000 to 143 for 1983 and starts in July when withholdings drop. Higher income taxpayers gain more. lower incomes gain less. The measure also broadens relief for dual earners, aiming to reduce the marriage penalty with higher deductions for some couples.
MENTIONED IN THIS ARTICLE
Associated Press
Washington
Tax changes set to lift some workers in 1983
The text explains how the 1981 tax cuts and 1982-1983 rate changes affect different earners. It notes higher Social Security taxes for big salaries, with a 6.7 percent rate applying to the first $35,700 of wages in 1983, and raises in excise taxes on cigarettes and telephone service. It cites impending gasoline tax hikes, dividend withholding, and savings interest taxation starting July 1, plus varied tax cuts by income level for individuals and families, including specific examples for single earners and families of four.
New Year's Ultimatum Ends With Wary Theft Try
A 29-year-old Dallas insurance salesman, facing a personal deadline, twice entered the Texas Savings and Loan on Mockingbird Lane with a pistol and ski mask in a failed robbery bid. Told police his wife threatened eviction unless he produced 2500 by New Year, he was jailed on weapons charges with robbery unlikely.
MENTIONED IN THIS ARTICLE
Dallas Morning News
Dallas
Savings and Loan Association
Texas Savings & Loan Office
Mockingbird Lane
Stan McNear
McNear
Texas to Benefit Heavily From Highway Fund Increase
AP figures show a 71 percent rise for Texas, amounting to 752 941 dollars. Across all states, federal highway funding rises about 43 percent this fiscal year, with the national total about 3.34 billion dollars higher than last year. The 5-cent gasoline tax boost and truck fee increases fund roughly 5.5 billion annually for four years, directing about 20 percent to mass transit and the rest to the highway trust fund. Eight states will gain at least 65 percent more this year, while some stay under 25 percent.
MENTIONED IN THIS ARTICLE
Washington
Texas
Transportation Department
Federal Highway Trust Fund
Associated Press
White seeks block on Burlington Northern El Paso merger
Texas Attorney General Mark White filed a federal suit to stop a Burlington Northern Rail and El Paso natural gas company merger. He argues the 51 percent El Paso stake by R H Holdings could cement a monopoly and curb cheaper coal slurry pipeline options, affecting major municipal utilities in Austin San Antonio Houston Dallas Fort Worth and Amarillo.
MENTIONED IN THIS ARTICLE
el Paso
Burlington Northern
Texas
Austin
San Antonio
Houston
Dallas
Fort Worth
Amarillo
Also Mentioned on This Page
Tony Hernandez
Sam Houston Avenue
Norberto Balbuena
Jerry
The
Odessa American
Dennis Copeland
By Robert Farlow
By Carol Holowinski
Web of Wool
Upper Heyford Air Base
England
Heyford
White
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