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Southern Illinoisan in Carbondale, Illinois

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This newspaper page contains 4 articles. Subscribers can read the full text of each article.

Newspaper

Southern Illinoisan

Location

Carbondale, Illinois, United States of America

Date

Jan 15, 1982

Page

8

Reagan proposes 2.8 billion CETA replacement plan

The administration tentatively backs replacing CETA with a 2.8 billion job training program relying on governor backed business labor councils and federal funds. It would end tax free subsidized jobs while letting trainees keep unemployment or welfare during training. The core would grant states 1.8 billion for training and focus on hard to employ 18 to 25 year olds, with a billion for displaced workers and relocation efforts.

Washington Labor Department Labor Raymond Donovan

Health leaders join effort to cut costs

Leaders of six national business labor and medical organizations announced a major voluntary drive to control health care costs. Organized by Harvard professor John T Dunlop the effort marks cross sector cooperation.

New York Times Washington John T. Dunlop Harvard

Reagan urges leaders to share budget sacrifices in crisis

President Reagan told 1600 New York Partnership Inc. members at the Waldorf Astoria that volunteers can substitute for curtailed social programs. He urged business and civic leaders to adopt thrift and harder work, arguing private substitutes could speed the recession’s end and reduce government welfare.

Reagan White House Larry Speakes Sion Speakes Waldorf Astoria Hotel New York Partnership Inc

House sale could be boon or bust 11th of 14 parts

The article explains how the 1981 tax law changes affect home sales profits. It outlines capital gains exclusions for older sellers, the two half year rule after July 20 1981, and the two year replacement window to defer taxes. It also covers cost basis, improvements versus repairs, and required record keeping to support deductions and basis calculations.

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