Tax cuts begin in July for wage earners in 1982
The 8.75 percent across-the-board income tax rate cut takes effect now, but full savings appear July 1 after new withholding tables. A 20-cent weekly Social Security increase reduces take home pay temporarily. Higher earners gain more from the tax cut while also paying more to Social Security. The package includes a marriage penalty deduction and an IRA option for 40 million workers, with other measures easing child care deductions and estate taxes.
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Washington
Con
Reagan
Treasury
Fight for Soviet boy custody continues in court
Walter Polovchak's bid to stay in the United States proceeds after the Illinois Court of Appeals reversed a juvenile court ruling placing him in state custody. Lawyers indicate the decision lacks specificity on who now has Walter's custody and may be appealed to the Illinois Supreme Court.
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Soviet
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United States
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Walter Polovchak
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Henry Holzer
Illinois Supreme Court
Congress delays sale of gun technology to Japan
The Reagan administration yields to Congress and delays a planned sale that would let Japan build a self propelled howitzer, aiming to protect U S defense industry and 28 local parts suppliers while drawing pushback from some officials who see it as a snub to an ally. Lawmakers led by Reps. Goodling and Stratton, with districts hosting key cannon components, organized a blitz of calls to halt the deal.
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Watervliet Arsenal
Chicago concert scene of assault and robbery
An 18 year old Cicero teen was stripped and sexually assaulted as about 25 youths robbed her two friends at the Holiday Jam II concert near the end of the show at the International Amphitheatre on the South Side. A female companion fought off stripping attempts but was robbed. a male guest was also robbed. A fourth man fled after being beaten while escorting a woman to a restroom.
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Price faces second primary challenge in Illinois
Springfield AP reports Sandra Climaco filed with the state elections board to seek the 21st District Democratic primary ballot in March. Alton’s Floyd Fessler Jr. also filed to challenge Congressman Melvin Price, veteran chair of the Armed Services Committee who turns 77 on New Year’s Day and marks 37 years in the U.S. House.
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Illinois
Melvin Price
East St. Louis
Sandra Climaco
State Elections Board
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