Capital gains reform reopens in Washington debate
Washington lawmakers renew talk on capital gains tax as proponents and critics clash over equity and incentives. Stakeholders including Ralph Nader groups and AFL-CIO urge changes while Rep. Wilbur Mills defends the current rate, and Ross Perot proposes a tax free lifetime cap.
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Washington
U.S
Common Cause
Ralph Nader
Tax Reform Research Institute
Afl-Cio
Fortune Magazine
Richard Armstrong
Wilbur Mills
D-Ark
House
Ways and Means
Tee
Mills
Ross Perot
Board
Electronic Data Systems, Inc
Perot
United States
Mississippi River
Mississippi
Congress eyes 25 percent pay hike for top officials
Johnson era panel proposes a 25 percent raise for legislative executive and judicial personnel. Nixon would decide, with Congress potentially vetoing within 30 days. Republicans urge withholding the record vote to avoid public backlash and expose greed.
MENTIONED IN THIS ARTICLE
Johnson
Congress
Nixon
Peter Dominick
Colorado
Free trade seen as best way to meet needs says adviser
Peter Flanigan argues free trade best uses resources and lowers prices though nations seek protection in Europe and Japan. He explains Nixon's Trade Reform Act of 1973 aims to cut barriers and give negotiators broader authority, while Congress retains veto power.
MENTIONED IN THIS ARTICLE
New York
Peter Flanigan
Flanigan
Nixon
International Economic Affairs
Europe
Japan
United States
Smilar
Congress
Watergate debate grows as public yearns for closure
Americans debate the Watergate saga as opinions split between apathetic and outraged. Critics urge swift congressional resolution while supporters call the affair a political scandal of the decade, with President Nixon pressed to aid investigators and end the crisis.
MENTIONED IN THIS ARTICLE
Democratic Party
Washington
Republic
Barry Goldwater
Nixon
Congress
Boyle's column mocks widower's loneliness and dating pressure
HAL BOYLE portrays a widower bombarded with well meaning yet intrusive remarks from friends and neighbors. The seasoned columnist sketches the parade of unsolicited advice about romance, spending, and meals while the man endures reminders of aging and alimony fears.
English language vocabulary limits noted by World Almanac
The World Almanac cites that English is the richest language with about 800000 words while well educated Americans active vocabulary remains around 5000. Experts doubt any person has an active vocabulary near 60000 words, about 7.5 percent of total.
Exports to Japan Rise As Trade Gap Narrows
Ambassador Ushiba notes Japan's imports from the United States jumped 42 percent in three months while U.S. exports to Japan increased 16.6 percent. Tokyo aims to keep a pro U S shift in the trade balance to support President Nixon's forthcoming trade proposals, with tariffs and quotas already easing.
MENTIONED IN THIS ARTICLE
Washington
NEA
Japan
Ushiba
South Carolina
U.S
United States
Congress
Nixon
Tokyo
America
France
West Germany
The
Economist
Ashiba
Letters to the Editor Guidelines
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Aid to Hanoi contrasts with postwar Germany Japan outcomes
Ray Cromley argues that aid to Hanoi cannot mirror postwar Germany and Japan. He notes those regimes were toppled and democratic reforms enforced with allied troops and advisers, whereas North Vietnam’s leaders remain in power and aggression continues. He calls Hanoi aid a bribery tactic unlikely to curb aggression.
MENTIONED IN THIS ARTICLE
Washington
NEA
North Vietnam
Germany
Japan
Tokyo
Berlin
U.S
West Germany
Hanoi
South Vietnam
United States
Army grants WACs disciplinary authority over men
For the first time an Army regulation change allows Women’s Army Corps members to hold command positions over men. The policy limits remain for combat and tactical combat support roles, but WACs can now supervise and discipline mixed units in noncombat assignments.
MENTIONED IN THIS ARTICLE
Army
Ms. Jones
Army Corps
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