Editorial clash over public power finances and taxes
An editorial discusses the tax burden and financing advantages of public power systems versus private utilities. It notes public systems avoid federal income taxes while private firms shoulder about a quarter of gross income in taxes, and it contrasts interest terms for Rural Electrification Administration cooperatives with government borrowing costs.
MENTIONED IN THIS ARTICLE
Ne Public Electric Power Organization
Rural Electrification Administration
Tax, Time and Taxpayers in Forty Seven Years
A reflective summary notes federal tax receipts rising from about 2 million to 16.8 billion by 1959 and states increasing collections, asking what the next 47 years will bring amid soaring revenues and political figures. The piece questions future fiscal paths and the role of senators amid expanding tax systems.
MENTIONED IN THIS ARTICLE
von Foundation
Albert Lea
Minn
Evening Tribune
Congress
Diminishing Returns Seen In Gasoline Tax Revenue
The National Gazeline Aspeciation of America warns that higher taxes can reduce revenue. From 1949 to 1959 state tax hikes and federal increases surged over 40 percent while pump prices rose modestly, prompting concerns that motorists economize. The piece notes growth in compact car production and predicts gasoline demand shifts through 1964, while also criticizing grants-in-aid as spreading funds too broadly.
MENTIONED IN THIS ARTICLE
National
Gazeline
Aspeciation of America
How Do Cities Get Their Funds For Operating
State Controller Alan Cranston reports California cities rely on three main revenue streams for about 72 percent of general funds. Property taxes supply 37.19 cents, sales taxes 19.19 cents, and subventions and grants 15.56 cents of every dollar.
MENTIONED IN THIS ARTICLE
California
Alan Cranston
Cranston
Shafter Library Receives Record Collection
The library received a tenth anniversary collection of symphonies operas and semi classical music presented by station manager Bob Bann last week. The records will be available for circulation by June 6 after processing and may be checked out for one week. The collection stays at the Shafter Branch Library and is maintained by public donations.
MENTIONED IN THIS ARTICLE
Bob Bann
Shafter
SHS Menu To Favor Students
No official weekly menu exists for June 6 to 10 with cafeterias in the Kern County Union High School and Junior College District planning by site. Valentina Valena lists Arvin and North high schools favoring cheese enchiladas served Monday and Tuesday, with Bakersfield High and South High serving pizza burger pie on Thursday. East Bakersfield High students choose Spanish spaghetti and ham burger Monday, while each cafeteria manager plans a complete menu per activities. Shop With Shafter Merchants Money Spent At Home Earns At Home and Supports Home Industry.
MENTIONED IN THIS ARTICLE
Kern County Union High School
Valentina Valena
Arvin
North High Schools
Bakersfield High School
South High School
East Bakersfield High School
Also Mentioned on This Page
Shopping Center Logistics
One
Eerasuis
Ren Cotary
ODE Alifornia
R. Robert Evans
POSGY
L. Evans
Sjarres
R. S. Northrop
Duane
Doug” Allen
Editors and Publishers
Kern
Guteibe Kann
Shafter Library
Central Avenue
Phone Pioneer
Calif. Med
Cin
Tastewell
Coca Cola
Longhorn
Ib. Cin
Skippy Neo
Sya
Farmer John All Meat
Bologna
A Steele
Thurs
Pioneer
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!