Analysis of New Tax Bill Abatement and Withholding Provisions
The bill outlines 1942 1943 abatements of up to 100 percent for taxes up to 50, 75 percent for higher abatements with 25 percent due in 1944 1945. It introduces 20 percent withholding from wages for tax dueEffective July 1 exemptions 624 single 1248 married plus 312 per dependent. It also covers non wage income taxpayers with quarterly installments and special rules for armed services members including a 1500 base service pay exemption and windfall abatement limits.
MENTIONED IN THIS ARTICLE
Armed Services
Famed German Artist Warns America Through His Art
William Sharp, Berlin born caricaturist and cartoonist, now American citizen, promotes his work The Third Horseman. His drawings of Hitler associates and the Nazi regime gained praise while depicting disease and war’s toll. The project, done with Public Health Committee and Paper Cup Institute, was distributed and broadcast.
MENTIONED IN THIS ARTICLE
America
New York
N. Y
William Sharp
Berlin
United States
Sharp
Hitler
Fuehrer
Goebbels
Goering
Public Health
Paper Cup and Container Institute
Atlantic Coast Network
Wartime Price Cuts and Ration Updates Across Home Front
OPA orders meat price cuts from 3 to 7 cents a pound effective June 21 with July 5 for cured pork, while farm producers see no direct price impact. Subsidies begin June 7 for slaughters of 4,000 pounds monthly. Ration stamps updates cover sugar coffee shoes and meat blue stamps through specified dates. Prisoner of war totals reach 17,083 with Japan holding the largest share.
MENTIONED IN THIS ARTICLE
OPA
Notice to summon heirs in Burnam estate Grayson County Texas
Court orders Vergie May Rollins as administratrix to file final report for Emma Katherine Burnam deceased. Publication required in Grayson County newspaper before return day. Hearing set for the first Monday after ten days service, June 4 1943 at Sherman Court House. Clerk H Grady Thompson issued the writ.
MENTIONED IN THIS ARTICLE
Texas
Grayson County
Grayson
Emma Katherine Thomas Burnam
Vergie May Rollins
City of
Sherman
A. D
H. Grady Thompson
Iva Medlin
Canned Food Shortage Forecast by Lawmaker
Representative Gerald Landis warned of severe civilian canned food shortages next winter if food control remains with existing agencies. He called for transferring food functions to the Agriculture Department, noting labor shortages and low cooker production hinder canning.
MENTIONED IN THIS ARTICLE
Washington
Department of Agriculture
Gerald W. Landis
Rep
Indiana
Landis
Congressional Food Study
Armed Services
Office of Price Administration
Agriculture Department
OPA Revises Substitutes and Grocery Tire Rules For War Time
The OPA allows substitutes for unavailable tires and permits limited size deviations for passenger cars. WPB amends manufacture limits on civilian leather goods through 1943. A new TT gasoline coupon replaces T on July 1, with old T valid only in the Northeast until July 25. A 383 mile 16 inch pipeline from Sundown Texas to Drumright Oklahoma gains War Production Board approval and 54000 barrels daily capacity.
MENTIONED IN THIS ARTICLE
OPA
Sundown
Texas
Drumright
Okla
War Production Board
Petroleum Administrator For War
Peace-Time Army May Reach 23 Million
Washington reports cite unofficial discussions suggesting the United States may keep about 2.5 million armed personnel in uniform for a considerable time after active hostilities end. A. F. Hinrichs of the Labor Department warned the figure is based on unofficial talks. The piece also notes Chinese university students have risen from 32,000 to 40,000 since the war began.
MENTIONED IN THIS ARTICLE
Washington
United States
House
A. F. Hinrichs
Labor Department
Bureau of Labor Statistics
Also Mentioned on This Page
Senate House
Roosevelt
U. S
Forest Hills, N. Y
Iceland
Peter E. Cullum
Cullum
War Department
Japan
Germany
Italy
Barbee & Bassett
Insurance Agency
The
First National Bank
Member
Federal Deposit Insurance Corporation