Tax bill could cut your taxes across board says expert
Washington Aug 14 the tax measure advances in Congress and would slash rates for many taxpayers with a broad brush. Treasury estimates a 5 percent average cut for those up to 60 000 income though 1964 would see two thirds of full saving. Details hinge on income brackets dividends stock sales and other factors with notable provisions on capital gains and fringe benefits.
MENTIONED IN THIS ARTICLE
Congress
Kennedy
House
Ways and Means Committee
House Rules Committee
Sen
Treasury
Property tax assessments face limited protests in Jackson County
Jackson County Board of Review expected more complaints over new assessments but informal inquiries total about 35 with 33 percent of taxpayers already notified. The county aims to set assessments at 50 percent of fair cash value to remove a 5 multiplier, simplifying taxation, while about 24 000 taxpayers in the county await notices. Some residents may still protest. formal hearings follow the board review with appeals to County Court.
MENTIONED IN THIS ARTICLE
Mark Volkert
Joneses
Jackson County Board of Review
James Lawder
Carbondale
Ady
William Ridgeway
Jackson County
State Dept. of Revenue
Lawder
Murphysboro
Carbondale Township
Williamson County
Lou King
King
Board of Review
Board of Commissioners
Ridgeway
Lawler
Carbondale En Ments
Rockefeller Aids Kuchel in California Primary Slate
Rockefeller strategists push Sen. Kuchel to head a presidential delegate slate for California's June primary. Kuchel, wary but not ruling out, could face rival Goldwater support if Rockefeller remains in contention. Neilan of the Chamber of Commerce condemns public pork and ARAs loans, calling the pork barrel an affront to citizens and noting local chamber support and sector involvement.
MENTIONED IN THIS ARTICLE
Auichine
California
New York
Ruchel
Senate
Miay
Rockefeller
San Francisco
Kuchel
Richard M. Nixon
William
F.khowland
Barry Goldwater
R-Ariz
Califovnia
Washington
Edwin P. Neilan
U.S. Chamber of Commerce
Great Britain
Neilan
Mike
Britain
Mansfield
Montana
Goldwater
House
Rockefelle
Andilaw
Goldwater Commerce
Arizona
ARA
Igrarus
Audi
Long Rest Is Prescribed For Mrs Kennedy
Hyannis Port Massachusetts August 14 AP Mrs John F Kennedy left hospital with husband’s hand held by her side her doctor advised rest and curtailment of official duties The long convalescent period will last through Thursday and may allow some travel next year The condition followed the tragic loss of her third child who lived 39 hours 12 minutes during a cesarean operation Weather details were noted for the area
MENTIONED IN THIS ARTICLE
Hyannis Port
Mass
John F. Kennedy
Kennedy
Tax Proposal Moves Ahead in House Ways and Means
The House Ways and Means Committee voted to advance an income tax rate cut estimated by the Treasury to average 15 to 4 percent for most taxpayers, with rates proposed from 14 to 70 percent. The current range is 20 to 91 percent. The panel recessed before addressing the corporate rate, which the Treasury also recommends lowering from 52 to 48 percent.
MENTIONED IN THIS ARTICLE
Washington
House
Ways,and Means
The
Treasury
Military leaders back limited nuclear test ban stance
General Maxwell D. Taylor told senators that top military leaders back the limited nuclear test ban treaty despite acknowledged disadvantages. He spoke in a closed Senate session as Dr. Glenn Seaborg publicly supported the pact, saying underground tests would still allow weapon development including anti-missile warheads.
MENTIONED IN THIS ARTICLE
Washington
Maxwell D. Taylor
Taylor
Joint Chiefs of Staff
Senate
Treaty Okay Favored Despite Disadvantages
The Joint Chiefs of Staff favored the treaty saying it is compatible with U.S. security and should be ratified, while urging a vigorous underground testing program and stronger detection. Edward Teller’s testimony was censored for news release. Senator Morse questioned a potential sharing of nuclear secrets with France if France does not sign the treaty.
MENTIONED IN THIS ARTICLE
Joint Chiefs of Staff
Stennis
Edward Teller
Taylor
U.S
Sea
Horg
Wayne Morse
D-Ore
Hazleton
Ventinedy
France
Fellin Coal Co
Morse
Sheppton
Louis Bova
Patterson
David Fellin
Henry Throne
Rail Talks Stall Over Fireman Job Elimination
Washington Aug 14 AP report says rail negotiations between carriers and unions reached a stalemate with Aug 29 eyed as a near date for potential nationwide disruption. Carriers seek to remove 32 000 firemen from diesel freight and yard service claiming redundancy, while unions insist on safety and efficiency requiring the firemen. J E Wolfe, the railroad chief negotiator, announced the deadlock after a two hour session with firemen and engineers. No new talks are scheduled though both sides were asked to standby.
MENTIONED IN THIS ARTICLE
Washington
Interstate ‘Commerce Commission
Labor Department
Menia
J. E. Wolfe
Railroads
Firemen’s and
Engineers
Wood Seeks Nomination for Illinois Lieutenant Governor
Warren L. Wood, four time Speaker of the Illinois House, announced today his candidacy for the Republican nomination for lieutenant governor. The Springfield report notes his bid as a major party effort with Wood leveraging his long legislative leadership.
MENTIONED IN THIS ARTICLE
Springfield
Warren L. Wood
Illinois House
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Edmond Lebreton
Associated Press
Juste
Williamson
Henry Wright
Wright
MUTI
Risgach
Ing
Board of ‘Review
Chamber
Jack Bell
Nelson A
Chamber of ‘Commerce
Mrs. Kennedy
Otis Afb Hospital
Wood