Withholding tax on interest and dividends debated since 1941
In 1941 the idea of taxes withheld on interest and dividends resurfaced. after decades of debate and voting, the plan passed in last summer's tax package. The piece argues withholding harms honest savers, risks cutting funds needed for living costs, and misses tax evader leverage. It cites 10 percent withholding, automatic exemption issues, and favors stronger IRS information reporting to curb evasion.
MENTIONED IN THIS ARTICLE
Washington
Capitol Hill
Congress
IRS
Treasury Department
U.S
United Press International
Withholding to curb unpaid taxes eyed by government
In a defense of the new withholding provision Treasury official argues it will recover billions in uncollected taxes on interest and dividends without raising new taxes. The plan, costing banks billions in startup and shifting small interest losses, aims to ensure all taxpayers pay their fair share.
MENTIONED IN THIS ARTICLE
Washington
Internal Revenue Service
Congress
United Press
Glenn Faces Big Test of Humor in Gridiron Dinner
Washington spring brings the Gridiron Club spoof of politicians with Sen. John Glenn as the Democratic keynote. Glenn, a war veteran and astronaut, faces a test of humor before a critical press audience as President Reagan and Sen. Dole prepare to speak for their parties. The column notes Glenn’s serious principles, Israel ties, and hopes for a national government approach, predicting the Gridiron dinner will probe leadership and unity.
MENTIONED IN THIS ARTICLE
Washington
White House
Gridiron Club
Weinberger
Republic
Sen
John Glenn
Chio
United States
Democratic Party
Glenn
Sen. Dole
Kansas
Reagan
The
Israel
Saudi Arabia
Menachem Begin
Lebanon
New York Times
Reagan era orders for Salvadoran adviser to train forces
A military dialogue outlines an adviser sent to El Salvador to train government troops to hunt guerrillas, provide morale support, and control abuses. The plan emphasizes using noncombat influence while permitting firing if fired upon, and condemns rape murder and pillaging as intolerable under President Reagan.
MENTIONED IN THIS ARTICLE
el Salvador
Vietnam
Reagan
Advisers Told to Build Body Count in War Strategy
In a tense exchange, a senior official outlines a Pentagon body count system and daily reports from advisers to gauge victory in a guerrilla war. He urges secrecy about press contacts and criticizes El Salvador military officers as top secret information.
MENTIONED IN THIS ARTICLE
Pentagon
Congress
el Salvador
Democrats gain as allegiance shifts swing away from Republicans
The nation shows a party shift since 1981 with Democrats rising from 39 to 41 percent and Republicans slipping from 28 to 25 percent. Independents fall from 28 to 26 percent, shrinking the GOP advantage and boosting Democratic margins across regions and education levels.
MENTIONED IN THIS ARTICLE
Ronald Reagan
Carter
Franklin Roosevelt
Midwest
West
Reagan
Also Mentioned on This Page
Bob Kasten
R-Wis
Treasury
Donald T. Regan
Merrill Lynch & Co. Inc
James Reston
Art Buchwald
Louis Harris
Giumarra
Larope
California
Giumarra Vineyards
Ghanniret
Giumarri
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