O'Sullivan Stays Neutral In Intangibles Tax Fight
Kansas private tax lawyer Timothy O'Sullivan abstains from voting on a repeal of the 3 percent intangibles tax. He warns that the issue is nuanced beyond rich versus poor, noting that truly wealthy often invest in tax free or capital gains assets, while smaller investors in money market certificates pay tax on all interest and gains.
MENTIONED IN THIS ARTICLE
O’sullivan
Lynn Byczynski
Kansas
Topeka
Hns
Timothy O'Sullivan
Hutchinson
Supreme Court
House Assessment and Taxation Committee
O'Sullivan
Reagan's Economic Plan Faces Doubts on Recovery
WASHINGTON AP President Reagan faces warnings from White House advisers and Wall Street that high interest rates may block a sustained recovery this spring. Senate talks push for a bipartisan deficit plan, with Democrats urging a new budget to lower deficits and head toward balance. Experts note deficits keep rates high, while Kaufman cautions possible late year stagnation despite eventual gains.
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Murray L. Weidenbaum
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Salomon Brothers Inc
New York
House Budget Committee
Treasury
James R. Jones
D-Okla
Kaufman
City of Ottawa seeks quiet title in Franklin County land
The City of Ottawa Kansas files a district court petition in Case No e2079 to quiet title to multiple parcels in Franklin County. The suit names Samuel A Mears and many unknown heirs and successors as defendants and requires all claimants to show their interests by April 27, 1982. The property described includes described portions in Section 2 Township 17 Range 20 and includes the NE 4 and related east and west tracts totaling about 6.2 acres. The plaintiff seeks a final decree declaring title absolute and enjoining any adverse interests with measures for equitable relief and costs. Attorneys for plaintiff are John L Richeson of Anderson Byrd Richeson in Ottawa.
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Franklin County
Kansas
Ottawa
Platotitt
Samuel A. Mears
State
District Court
Otlana
Rankinn County
Cress
Kar Pati
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