Windfall tax debate reshapes oil profits and funding
Treasury figures show decontrol and a House windfall tax would leave a Texas non corporate producer about 17.61 dollars after tax for each 100 dollars of revenue if reinvesting all profits in oil research. If profits are invested elsewhere, after tax income falls to 11.45 dollars. Without the windfall tax, after tax income would reach 44.02 dollars. Major companies face higher corporate tax than individuals.
MENTIONED IN THIS ARTICLE
Washington
House
Treasury Department
Carter
Congress
Senate Finance Committee
Russell B. Long
D-La
Senate
Texas
Omaha and Nebraska City cap school tax lids
Voters in Omaha and Nebraska City approved limits on school funding raised through property taxes to last year’s levels. In Omaha the 60 percent majority backed the proposal. 40 percent opposed it. Nebraska City also approved the plan 1 328 to 1 000.
MENTIONED IN THIS ARTICLE
Omaha, Neb
Omaha
Nebraska City
Otoe County Taxpayers Association
Owen Knutzen
Ed Jaksha
NYC Mayor Says City Cash Surplus Signals Health
New York City ended the fiscal year with about 200 million more cash on hand than expected. Mayor Edward Koch and Comptroller Harrison Goldin called the situation a sign of improving fiscal health while noting the extra funds cannot cover 1980 expenses and must reduce borrowing needs.
MENTIONED IN THIS ARTICLE
New York
Edward Koch
Koch
Harrison Goldin
Computer Flaws Trigger $25 Million SSI Overpayments
GAO audit warns that weaknesses in a federal computer system allowed $25 million in overpayments to Supplemental Security Income recipients. Auditors revived a deceased case and enabled monthly payments of $189, and even up to $2,000, by overriding automated controls. Authorities urge tighter supervision and restricted override access across field offices.
MENTIONED IN THIS ARTICLE
Washington
Congressional
General Accounting Office
Health, Education and Welfare
Patricia Roberts Harris
GAO
Herald Journal Subscription Rates and Postage Details
A detailed price list from Herald Journal shows mail subscription rates for New York State zones and outside state areas. It covers daily and Sunday editions, durations of 3 months and 6 months, with separate lines for paper, postage, and total costs, reflecting regional pricing structures.
MENTIONED IN THIS ARTICLE
New York State
Imo
Eastern Airlines unveils simplified Super Saver fares
Beginning September 8 you can save on coach travel with two simple rules. Buy round-trip Super Saver tickets seven days in advance and stay at least a Friday or Saturday night. Maximum stay 60 days. Limited seats on some flights. Plan ahead as some dates may sell out. For info call 472-5541 in Syracuse.
MENTIONED IN THIS ARTICLE
Eastern Airlines
Florida
U.S
Syracuse
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Syracuse Herald-Journal
UPI Telephoto
Osmond
Donny Osmond
Debbie
Donald Clark Osmond Jr
Provo
Utah
Nebraska
Walton Galinat
Milton, Mass
Galinat
Waltham, Mass
Nyc
Ormatimoan
American Express
Salina St
Herald-Journal
the Herald Co
N.Y
Viyella
Mulligan
Cazenovia
Richmark UG Sale Your Choice
Saxony
Wells & Coverly
Navintown
Eastern
CAB
Birmingham
Daytona Beach
Ft. Myers
Houston
Miami
Ft. Lauderdale
Orlando
Sarasota Bradenton
Savannah
Tampacoe Io
West Palm Beach
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