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Ottawa Herald in Ottawa, Kansas

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This newspaper page contains 3 articles. Subscribers can read the full text of each article.

Newspaper

Ottawa Herald

Location

Ottawa, Kansas, United States of America

Date

Dec 11, 1979

Page

5

Gas Tax Proposal Finds Little Support in Congress

Washington leaders told the White House that a proposed 50-cent per gallon gasoline tax has slim chances. Speaker O'Neill dismissed the idea as lacking enthusiasm on Capitol Hill after meetings with administration officials, while Senate leaders echoed the weak prospects for both a tax and a gas-rationing plan.

Washington White House Administration House Thomas P. O'Neill O'Neill Capitol Hill Senate Energy Committee Henry M. Jackson D-Wash Senate O’neill Carter Congress

Foreign Investors to Profit Tax-Free From U S Land Sales

Treasury estimates foreign buyers will reap nearly $600 million in tax free profits this year from selling American real estate while Congress seeks to end the exemption that lets non U S investors avoid capital gains taxes. The Finance Committee moves toward repeal as farmers press for action amid rising land prices.

Washington Treasury Department Congress U.S University of Georgia Stephen Brannen Senate Finance Committee Senate House Ways and Means Committee Harold Breimger University of Missouri Agricultural General Accounting Office

Gold hits record high as prices surge worldwide

Gold jumped $15 to a record $446 an ounce in Zurich, with London bids at $443.75. Zurich closed at $431, London at $431.75, eclipsing the prior peak of $444 reached in October. Dealers cited Iran's oil-cut plan, anticipated higher oil prices, and a softer dollar as factors lifting demand.

London Zurich Europe Tf Insurance

Also Mentioned on This Page

Miller O’ O'Neill Benner Williams Sey Berkline Tell City Boston Andover Baltimore Rumford Ene Visa American Express Diners Club UCR Broyhill Bentwood Pilus Enner S. Main Ottawa
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