Value added tax speculation revived amid school finance debate
Washington press reports Nixon may back a value-added tax to ease property tax burdens as part of school financing reform. White House says no decision yet. Congress shows little appetite for a 1972 tax move. Critics warn it is regressive while some business groups view it as partial replacement for corporate income tax.
MENTIONED IN THIS ARTICLE
Washington
Nixon
Ronald L. Ziegler
House
Congress
Europe
Mately
Commission On School Finance
Advisory Council On Intergovernmental Relations
Childen
Russell B. Long
Dla
Senate Finance Committee
Long
Senate
Finance Committee
Ways and Means Committee
Wilbur D. Mills
D-Ark
Nixon seeks major new nationwide drug crackdown program
President Nixon urges Congress to empower a national investigatory and prosecutive network to target drug traffickers and pushers. He calls for special grand juries under the Organized Crime Control Act of 1970 to aid state and local agencies in detecting and convicting offenders. He proposes expanding borders control and international action, and seeks formal status for the Drug Abuse Prevention Office. There is debate over funding levels and whether to create a new national institute on drug abuse, with proposals ranging from 1.5 billion over five years to 411 million over three years.
MENTIONED IN THIS ARTICLE
Washington
Nixon
Congress
America
United States
Special
Senate
House Public Health
Paul G. Rogers
D-Fla
National Institute On Drug Abuse
Rogers
bommal@ee
Stbill
Publication Delayed In Hughes Autobiography Case
New York AP reports McGraw Hill and Life will defer publishing the Hughes manuscript while investigators probe a Swiss bank account tied to checks endorsed for H R Hughes. Clifford Irving says Hughes cooperated. Hughes denied meetings or payment in a Jan 7 call.
MENTIONED IN THIS ARTICLE
New York
McGraw Hilth
White Magazine
Howard Hughes
Zurich
H. R. Hughes
Clifford Irving
Hughes
McGraw- Hill
Irving
Nevada
Supreme Court
McGraw-Hill
Life
New York Daily News
Bahamas
The
Daily News
George Hurrell
Robert A. Maheu
Mabeu
Kansas House panel backs higher inactive funds interest rate
The House Assessment and Taxation Committee approved raising the state inactive funds interest to 80 percent of the Treasury bill rate from 70 percent. They also heard Rep. Fred Weaver push a 10 cent per ton strip mine tax to fund local schools or a reclamation fund, with 50,000 acres disturbed by mining across Bourbon, Cherokee, Crawford, Labette and Linn counties.
MENTIONED IN THIS ARTICLE
Topeka
Kan
House Assessment and Taxation Committee
US. Treasury
Treasury
Fred Weaver
Baxter Springs
Kathleen Q. Camin
Kansas Geological Survey
Bourbon
Cherokee
Crawford
Labette
Linn
House Roads and Highways Committee
State Highway Commission
Ways and Means
Kansas
House
Army Gets Tougher In Training Recruits After Complaints Heard
The Continental Army Command will institute a tougher basic training program for new recruits. Beer vending machines and private cubicles will be removed to increase discipline and interaction. Training sites will be linked with a faster travel pace and earlier wake times, while reveille will no longer be used.
MENTIONED IN THIS ARTICLE
Army
Ft, Monroe, Va
Continental Army Command
U.S. Army
Ralph E. Haines
Haines
Reville
Debate on Homestead Measure Expands Elderly Relief
Senate discussion focused on expanding the 1970 homestead exemption for residents 65 and older. The plan would boost tax relief from about 1.5 million to at least 5 million, aligning with Funding goals, though Governor Docking aides cited funding uncertainties. Senator Frank Hodge chaired the interim Taxation Committee, while Docking indicated flexibility on the final amount as long as funding is found.
MENTIONED IN THIS ARTICLE
Topeka
Kan
Robert Docking
Senate Assessment and Taxation Committee
Legislative Joint Taxation Committee
Frank Hodge
R-Hutchinson
Tom van Cleave
Docking
Hodge
Tax Committee
Also Mentioned on This Page
A&t
William Bunten
Fred Meek
Ridana
Bunten
Cliff Reynolds
Magnavox
Osburn
Frigidaire
S. Main
van Cleave
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!