Windfall profits blamed on inflation and oil taxes
AP analysis notes windfall tax receipts could reach 5 to 6 billion dollars in 1980 due to inflation. Schultze urges periodic tax cuts to return windfall to taxpayers. Inflation also boosts oil company revenues and government taxes, while shareholder dividends lag inflation. A Houston grand jury probe into city finances is suspended until after the November election. Port Houston workers gain about 9 percent wage increases under a three year contract with the West Gulf Maritime Association and ILWU.
MENTIONED IN THIS ARTICLE
John Cunniff
New York
Charles L. Schultze
Schultze
President
Council of Economic Advisers
Houston
U.S
Tony Canales
Jack Key
Today in History highlights from 1954 to 1979 events
The page lists notable dates: Trieste settled between Italy and Yugoslavia in 1954, Chester Arthur born in 1830, 1921 first World Series broadcasts, 1931 first nonstop Pacific flight, 1975 Church claims CIA Cuba plots, 1976 fallout from Chinese nuke, 10 years ago Northern Ireland street clashes, five years ago grain shipment cancelation to the Soviet Union, one year ago Cyrus Vance to South Africa for Namibia transition.
MENTIONED IN THIS ARTICLE
Associated Press
Italy
Yugoslavia
Trieste
Chester Arthur
Fairfield
Grantland Rice
Clyde Pangborn
Hugh Herndon
Pacific
Washington State
Japan
Sen
Frank Church
D-Idaho
CIA
Cuba
Fidel Castro
U.S
China
United States
Northern Ireland
Gerald Ford
Soviet Union
Cyrus Vance
South Africa
Namibia
Saving Old America in Charleston Taxes Historic Help
Editorial outlines how Charleston 51 Meeting St and the Historic Charleston Foundation showcase federal and state tax incentives for National Register properties. It explains five year amortization, 10 percent investment credit, eligibility rules for 20 year age, 75 percent exterior preservation, and the need for Interior Department approval to combine credits. It cites 22 000 listings across 1900 districts and notes major projects and examples nationwide.
MENTIONED IN THIS ARTICLE
Frances R. Edmunds
Nathaniel Russell
Meeting St
Charleston
S.C
Mrs. Edmunds
Historic
Interior Department
Heritage Conservation and Recreation Service
Memphis
Beale St
New Orleans
Vieux Carre
Nevada
Virginia City
Chrysler and Woolworth
New York City
Lowell Mill
Waltham
Mass
Carrboro
N.C
Santa Rosa
Pier 3
San Francisco
Sheridan
Telluride
Colo
Department of Interior
Washington
Charles Fisher
Wardlands
Connally Seizes Spotlight In New Hampshire Tour
Texas rancher-lawyer-businessman-politician John B. Connally draws attention as the Republican field vies for the 1980 nomination. In a two day New Hampshire swing he projects confidence and panache while courting voters and stressing he does not seek the race as practice. He asserts he can break from the pack and claims strong backing from financial and oil interests despite mixed public trust.
MENTIONED IN THIS ARTICLE
North Conway
N.H
NEA
Texas
John B. Connally
Connally
GOP
Floresville
New Hampshire
Connally Faces Ideology Image and Support Doubts in New Hampshire
A Blake & Dickinson poll circulated in New Hampshire shows high dislike for Connally among Republicans, 19 percent, far above rivals. The study links distrust to his Nixon-era role, past bribery and conspiracy charges, and an alleged image problem. It notes a leftward tilt among peers and a narrow base of wealthy, educated voters, casting doubt on his broad appeal as the public choice.
MENTIONED IN THIS ARTICLE
Connally
Bigh John
Manchester
N.H
Blake & Dickinson
New Hampshire
White House
Richard M. Nixon
GOP
Lyndon B. Johnson
Ritter and the federal judiciary in a sobering portrait
Washington column surveys the Ritter case, arguing missteps in federal judge selection, impeachment hurdles, and the broader risk as Jimmy Carter appoints over 150 new judges. It critiques Ritter’s conduct, the defense of incumbents, and the fear of colleagues testifying against nominees. The piece closes with Pentagon waste exposed by Rep. Dicks and a solicitation for tips.
MENTIONED IN THIS ARTICLE
Jack Anderson
Washington
U.S
Willis Ritter
Shakespear
Ritter
Republic
Jimmy Carter
Senate
U.S. Senate
Dale van Atta
Mormon Church
FBI
Republican Party
Press
Bureau
Salt Lake City
Lynn Packer
Colorado Springs
University Club of Utah
U.S. Court of Appeals
Ritters
Pentagon
Norman Dicks
D-Wash
Washington, D.C
Also Mentioned on This Page
Bruce Henderson
Boston Consulting Group
Henderson
Etta
Worth Star-Telegram Hulme N.E.A
Clddles
With Major
Hoopie
Americas
ARIS
Martha Angle and
Robert Walters
Merry
By Roger Bollen
Randy
Panela
Tony
Ork
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