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This newspaper page contains 7 articles. Subscribers can read the full text of each article.
Newspaper
Shafter Press
Location
Shafter, California, United States of America
Date
Jul 06, 1960
Page
2
A taxpayer research group head warns that Washington programs funded by taxes will shift costs onto citizens. The piece argues tax take has risen from 10 to 33 percent in three decades and could reach half the public’s income if sparing curb is not found.
Six years after the NYSE launched the Monthly Investment Plan investors can buy stocks for as little as 40 dollars per quarter. The program has reached four million shares purchased across 1 076 issues with more than 97 thousand plans active. Investors are typically long term and not speculators, using MIP to build a personal stake in American corporate growth.
A major utility reports residential rates dropping from 5.04 to 3.98 cents per kWh between 1945 and 1959 while commercial prices rise. overall bills grow with usage but remain a small share of the household budget.
A waking reflection complains that business acts as a large tax collector, absorbing income via income, social security, liquor, entertainment, sales, and excise taxes. The text argues Congress sets taxes while businesses bear the impact, leaving a heavy private burden with limited reform prospects.
A rambled note on hot dogs and their popularity in American culture mentions sausages sold by street vendors, notes on nutrition, calories, and vitamin content, and compares franks to a national favorite enjoyed at picnics and lawn parties.
Police Chief Hanley Witcher urges parents to enforce cycling safety for children touring to the pool and other places. He lists 28 rules including right side travel, signaling, obeying lights and stop signs, using front lights at night, and riding slowly in school zones to prevent serious accidents.
The Western Regional Beef Council convened in Denver Colorado and addressed major retail markets in the western states. The session outlined strategy for beef distribution and market priorities across the region.
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