Uncle Sam May Forgive Tax Cheats Plan Pushes Flat Tax
Conservative Republicans push amnesty for tax cheats who settle with the government and back a simplified flat rate tax with few deductions. They argue the plan would revive delinquent taxpayers and curb the underground economy while aiming to balance the budget amid debate over replacing the current progressive system. A second, separate note details construction work on the Dinero Plaza Office Building in Midland with Jesus Banda hammering a nail on the top floor.
MENTIONED IN THIS ARTICLE
Washington
House
George Hansen
Idaho
Don Young
Alaska
Internal Revenue Service
Robin Hood
Young
Congress
Jesus Banda
Dinero Plaza
Economic dip hits Basin cities in April
Odessa and Midland posted a second straight monthly decline in April as First National Bank of Midland and Odessa Industrial Development Corp. figures show smaller activity. Bank deposits dipped, drilling and construction eased, and analysts expect a 1982 upturn as U.S. economy stabilizes and oil demand recovers.
MENTIONED IN THIS ARTICLE
Odessa
Midland
First National Bank of Midland
First National
Walter Ashby
Odessa Industrial Development Corp
OIDC
Gary Tonjes
Tonjes
Ashby
Permian
U.S
Midlander
Reagan Junket Shapes Western Unity In Europe Visit
Paris reports say Ronald Reagan opens his first Europe trip with hopes to blunt nuclear issues and prove his international leadership. Officials see a balanced mix of diplomacy and risk as demonstrations, economic pitches, and televised appearances aim to portray a humane, capable president on an Asian and European stage.
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Paris
Ronald Reagan
Europe
United States
White House
Western Alliance
Versailles
NATO
Bonn
Central America
U.S
Japan
Reagan
Western Hemisphere
Canada
Cancun
Mexico
Scientists seek light on quake mystery
Scientists from the U S Geological Survey propose that lights seen above ground during large earthquakes arise from rocks heated by fault motion. In a forthcoming report to the American Geophysical Union, Byerlee Lockner and Johnson suggest frictional heating could generate an aurora like glow, potentially explaining most sightings.
MENTIONED IN THIS ARTICLE
Washington
U.S. Geological Survey
American Geophysical Union
Philadelphia
James Byerlee
David Lockner
Malcolm Johnson
Byerlee
Allen bans Sunday video play in city ban
Allen City Council voted 5 to 2 to bar Sunday use of coin operated video machines including jukeboxes and skill pleasure devices. Industry sources say it may be first nationwide move and note municipalities increasingly work with the industry. The ordinance bans playing on Sundays.
MENTIONED IN THIS ARTICLE
Jeanette Stephenson
Dallas Morning News
Allen
David Pierson
Play Meter Magazine
Pierson
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Max Faulkner
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Associated Press
By Warren E. Leary