Word: ullman
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...taxed as ordinary income has already aroused stiff opposition among businessmen. Scenting an issue, House Minority Leader John Rhodes thundered: "Poor economic policies have created a bad case of the jitters among the American people." Rhodes called for an across-the-board tax cut to prevent another recession. Al Ullman, Democratic chairman of the House Ways and Means Committee, made the same plea. For most members of Congress as well as the public, tax reform means a tax cut-period. That is not what it means to Carter...
...professional actors, the tapes for bookworms are grouped arbitrarily in six main categories: Americana (e.g., H.L. Mencken, Ring Lardner), Classics (Henry Thoreau, Mark Twain), Contemporary Fiction (Joseph Wambaugh, Irving Stone), History and War (Alan Moorehead, Hanson Baldwin), Fiction (Louis Auchincloss, F. Scott Fitzgerald) and Travel and Adventure (James Ramsey Ullman, Joshua Slocum). Current best renter of the more than 80 available titles: Walden. B.O.T. pays authors or their estates 10% of its rental fee and calls its service, not immodestly, "the thinking...
...scrutiny its scope deserves. Carter says he hopes to get the jobs program passed "as soon as possible." But no part will be enacted before 1978, and the full program would not go into effect until 1981. Congressional reaction has been cautious, with a variety of quibbles. Al Ullman, House Ways and Means chairman, objects to putting the working poor on welfare because it could have a bad psychological effect. He also wants to base payments on income alone, not on the size of a family. Welfare families, he feels, should not be encouraged to have more children...
...corporations to take an investment tax credit of 12%, rather than the present 10%, on the value of new plant and equipment. The Senate had kept this provision in the bill, as an alternate to tax credits on newly hired workers, but House Ways and Means Committee Chairman Al Ullman argued successfully in conference that the extra 2% would not spur much investment, because corporations are already flush with cash...
...need for action has not necessarily passed us by, but Ullman will attempt a lighter, comical approach...