News

‘A Huge Disruption’: Students Testing Positive for COVID-19 Report Confusing HUHS Communication

News

Local Businesses Fight for Revival of Harvard Square, Gear Up for Winter

News

DSO Staff Reflect on Fall Semester’s Successes, Planned Improvements for Spring

News

At Least Five GSAS Departments To Admit No Graduate Students Next Year

News

UC Passes Legislation to Increase Transparency of Community Council, HUPD

CARTER TO USE TAX PENALTIES IN ENERGY PROPOSAL

The Real World

By Omar E. Rahman, Compiled From Wire Dispatches

WASHINGTON-President Carter will announce his proposal to use the federal tax system as a means of forcing Americans to conserve energy on Monday, April 20.

Although no specific details have been officially released, according to Congressional sources the proposal will probably include the following points; a five-cent-a-gallon increase in federal gasoline taxes above the current four cent levy; allowing the domestic crude oil prices to rise gradually to levels set by oil exporting countries; a tax starting at about $400 on cars which get low gas mileage; and tax incentives to homeowners who install insulation or improve existing insulation.

White House press secretary Jody Powell said White House energy researchers have established that the energy shortage is worse than is generally recognized.

Want to keep up with breaking news? Subscribe to our email newsletter.

Tags