Senate kills capital gains tax break in major tax revision
The Senate defeated a proposed capital gains tax break of over 800 million dollars a year for long held assets. The defeat came as lawmakers liberalized gift and estate taxes and approved new student and Olympic athlete tax breaks. The plan would have raised the exemption on capital gains to as high as 70 percent with longer holds.
MENTIONED IN THIS ARTICLE
Don Phillips Washington
UPI
Senate
Edward M. Kennedy
D-Mass
Kennedy Group
Senate Finance Committee
Reagan Adds Delegates in Key State Momentum
Reagan gains four delegates in New Jersey and two in New York while adding one in Louisiana as he and Schweiker push to raise delegate totals. Rockefeller hints Connally could maneuver against Carter, while Ford holds 1,120 of 1,180 needed.
MENTIONED IN THIS ARTICLE
Clay F. Richards
United Press International
Nelson Rockefeller
Treasury
John B. Connally Jr
Ford
Jimmy Carter
GOP
Ronald Reagan
Richard Schweiker
Pennsylvania
Northeast
New Jersey
New York
Reagan
Louisiana
Schweiker
UPI
The
Wall Street Journal
White House
Philip Buchen
Watergate
Leon Jaworski
Connally
Nixon Administration
Wategate
CBS Today
Stennis Accused Of Railroading Nominations in Senate
Sen John Culver charged Sen John Stennis with railroading military nominations through the Senate Armed Services Committee during a hearing on Gen Bernard W Rogers for Army chief of staff. The clash centered on time limits and questioning as Stennis pressed for order and fairness.
MENTIONED IN THIS ARTICLE
John F. Barton Washington
UPI
John Culver
Iowa
John C. Stennis
D-Miss
Senate Armed Services Committee
Culver
Bernard W Rogers
Army
Stennis
Armed Services Committee
Senate
Rogers
NATO
Prune Juice Tip Highlights Extra Prune Content
The column promotes Super Matt's Prune Juice claiming ten percent more prune solids than government requirements plus extra vitamin C. It argues this improves texture taste and value for buyers and urges readers to choose the brand offering more prune juice.
MENTIONED IN THIS ARTICLE
U.S
Red Cross convoy hit as Beirut evacuation occurs
Gunmen fired on a Red Cross evacuation convoy from Tal Zaatar wounding a Swiss truck driver and two evacuees. A total of 74 wounded were pulled from the camp that day, part of 408 evacuated since Tuesday amid a fragile truce.
MENTIONED IN THIS ARTICLE
Beirut
Lebanon
UPI
Red Cross
Tal Zaatar
Jean Hoefliger
Herman Ozhsnei
Hoefliger
Unemployment Rises to 7.8 Percent in July
The Labor Department reports 7.8 percent unemployment in July with 74 million people jobless. Total employment hits a record 87.9 million while civilian workers rise to 95.3 million, driven by rapid labor force growth. Julius Shiskin warns of an unprecedented high jobless level.
MENTIONED IN THIS ARTICLE
Washington
UPI
Labor Department
Ford
Julius Shiskin
Bureau of Labor Statistics
Shiskin
Congress
Joint Economic Committee
Rockefeller Says Carter Must Balance Love With Hard Politics
Vice President Nelson Rockefeller warns Governor Carter to reconcile his ABM stance on love and unity with tough campaigning tactics. He praises Carter's broad appeal but cautions about ruthless politics and potential links to Ford Nixon era scandals.
MENTIONED IN THIS ARTICLE
Washington
UPI
Nelson A Rockefeller
Jimmy Carter
White House
Washington Post
Rockefeller
Carter
Walter Mondale
Ford
Nixon
Rabin Says Lebanon War May Ease Israeli Border Threat
Prime Minister Rabin told the Davar newspaper that fighting in Lebanon could reduce the northern threat to Israel and that the Syrian army now dominates the Lebanese battles. He warned of a lengthy conflict with no immediate danger to Israel, noted the absence of foreign forces on the border, and mentioned indirect U.S. mediation and arms shipments to Lebanese Christians. A separate incident in Jerusalem saw Betar activists clash with ultra orthodox Jews over Mt Moriah and Al Aqsa Mosque rights.
MENTIONED IN THIS ARTICLE
Mathis Chazanov
Tel Aviv
Israel
UPI
Yitzhak Rabin
Lebanon
Rabin
Labor Movement
Davar
Ment
Lyna
US State Department
Jerusalem Post
Jerusalem
Betar
Mt Moriah
al Aqsa
Alcohol Seen As Possible Fuel Source For Future
An American Petroleum Institute task force says alcohol could power stationary gas turbines and later replace some gasoline in cars, but production costs must fall. The report favors alcohol from coal as most promising, warns grain alcohol in engines needs adaptation, and notes current gasohol mixes have technical drawbacks.
MENTIONED IN THIS ARTICLE
Edward K. Delong
Washington
UPI
U.S
American Petroleum Institute
Frank Zarb
API
J H. Freeman
Sun Oil Co
Freeman
Midwest
Zarb
Also Mentioned on This Page
Plains
Edmund G. Brown
California
Spokane Roofing Co., Inc
Ispokane
Fuad Malek
Red Cross Operation Post
West Beirut
the Arab University
McCarthy
Philosphical
Ford Rockefeller
Supper Club
Busan Rushian
Panida
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!