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Newspaper
Tucson Daily Citizen
Location
Tucson, Arizona, United States of America
Date
May 06, 1968
Page
16
IRS challenged a Florida based book binding firm owner’s $27,000 salary as excessive, arguing only $8,000 was reasonable. The Tax Court upheld the president’s testimony of prior underpayment and allowed a full $27,000 deduction, recognizing prior contributions and leadership in building the business.
In Miami a juror who cracked an unfunny joke outside a courtroom faced contempt and a $223 fine after the judge deemed the remark spoiled the trial and forced a mistrial. The humor failed to amuse Circuit Court Judge Harold R. Vann who ordered payment.
The Senate Finance Committee approved the nomination of Wilbur J. Cohen to be secretary of Health, Education and Welfare, paving the way for a full Senate vote.
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