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Cedar Rapids Gazette: Thursday, April 11, 1974 - Page 3

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   Cedar Rapids Gazette (Newspaper) - April 11, 1974, Cedar Rapids, Iowa                                 2 The Cedar Rapids Gazette: Thurs., April ll, 1974  Riley Offers $19 Million Tax Reduction Package  By Frank Nye DES MOINES — A new tax  Tax Reform Call Voiced By Senators  earning $4,000 or less are ex- ;  WASHINGTON (AP) empt now; $3 million in lost f be  income tax payment time| pa ;^ s ,11( '  near, a g r oup of senators ap-  guarantee that people with equal income and equal financial i esponsibilities pay the same kind of taxes, and that everyone should be taxed according to the ability to pay.  “Our tax laws are not only  vvifh  failing to assure that all tax-  r\r>n .rtnfi nt'A    onnollt;    ”  NSF Grants to Iowa Schools for Summer Projects  WASHINGTON. D. C. - Two  revenue.  treated equally,  Clark said, “they have also be  reduction package costing the  Adop| a proposal by Scn .  War .    ^    "omp£    come so incredibly complex|, iona| &ience Foundation fi .  state only $19.2 million a year in  ren  Curtis (R-Cherokee) raising |^ nsive tax retorm .    s that lt ,s almost im P°ssible for  lost revenue compared to $31 standard deduction from income senator FdmnnH Muskie  Robert tax to $750 a year from $250 and iM aine  ^  who  organized the  million under Gov.  Ray’s sales tax repeal plan, was to IO percent of income from 5 speeches said he hoped they proposed Thursday by State percent; $8.2 million a year would focus public attention on Riley (R-Cedar loss.     the need for  significant tax re-  Double present inheritance  i.OOO forj  Sen. Tom Rapids)  His plan is pinpointed to help  ,ax cxcm PI?  low-income cldcrlv and totally ®P ouses -, a . nd lo  _  I    dren and to provide a presumption that join tenency property is the result of joint efforts of  (Earlier Story on Page 4)  handicapped Iowans, Riley said, and to take care of inequities in income and inheritance tax areas caused by inflation.  Instead of repealing the 3 percent state sales tax on food and prescription drugs, as recommended by Ray, Riley’s bill would:  both husband and wife; million a year in lost revenue.  Citizen Reaction  form at a time when the average taxpayer is painfully  for chil  aware  ll 16  inequities in the  1 L  present system.”  Wealthy Individuals  He told the senate that “many $4.8 wealthy individuals and corporations escape paying their j j  orgy problem and the use of, renewable natural resources.  Emphasis will be placed on how individual behavior is affected and modified by existing national energy concerns.  Project Director Irwin IV state schools and two private Levin, an associate professor of colleges in Iowa have received'psychology, commented that of a total of $101,810 from the Na- the 173 undergraduate research  participation projects currently  ...    ,    .    ,    being supported throughout the  nance guided research od m-| coun * ry  ^  new  y  of  ,  study i  dependent study this summer. ; is the on j y one of its kind re J  In grants announced recently, ceiving support.  more inequity and contusion.” the following Iowa awards were    -   n     ,    Z    made:    British Give Amnesty  Railroad Firm     Iowa    State     university,    three    ||| PflC1 | Imminrants  r\ J    OAA     grants totalin 8 $54,680; Univer-    *o Illegal immigranrs  Orders 1,000    Sity of Iowa, two grants totaling    LONDON (AP) — Home Sec-  l—l/■>«»-v~ I ILuther college, De-  re t ary  Roy Jenkins announced Mopper Units corah, one grant of $4,030, and  •l -T vv £; v- a-  most people to understand them " — and every attempt to remedy things has resulted in even  Th, rhicaon '„nd Nnr.h W«t  iSta P«>" “ llC 8 C ’  India "° la ' One! ThUrSda >'  W  Hie Chicago and North West- g rant  $ 2 2 450    monwealth immigrants who  cm 11 ans po; tat ion Co. has or-; The schools will participate in tered this country illegally be  en-  fair share cf taxes but    average 1  -------  nCW    C °     the NSF under S raduate  Atween 1968 and 1973.  Americans continue 0    bear .     hopper cars at a    ,otal    cost    of    search  participation program on;  The move?  which    mainly af-  Rile.v    intends    to    seek    citizen I  he  tax burden.” '    ‘    $18.6 million, according    to    Dick    | Projects devoted to the energy; fects Asjanf .  frQm Indja ^  Pakis .  re?aTthe% h i S uMrT a Lna1ors' “(^Participating     in  i h f     Pclska -  chamber    of     agement°or iL'Trae^blitan and Bangladesh,    threatened  Ralph ' McCartney IR-Charles■ JTd    ^T"    ^    T**"'     na,ural    resourCCS '    ‘°     spark     °“     a    maJ ° r    row    to    pal "  mil nnH D nnnr  cuoff ,n  r iin Kennedy (Mass.), william p be  rail company, he says,;    *    *    *  ,  pi  ‘    “    Hathaway (Maine). Floyd Has-has received final delivery of its The department of psychology  Increase benefits under the: „     was    t „    McCartney    and    wthc^HuddRsfon'"I'kv ',° Wa ''^'"^5'^.hoppers, which to- a ,  the     University    of Iowa    re-  ii    was    TU    Mtuaimey    ana    walter Huddleston. (ivy.), Jo-    taled $17million.    ceived    the $12,300    grant for    re-  seph Biden (Del.), and Walt et    The latest order, with delivery    search    into the    psychological  Mondale (Minn. ', andI Republi-     b in  - n  Q c t ober V vill bring    impact    of the energy crisis  )b Javits (N.Y.), and    .     hnrxnav .    cam    ,  cans Jacob  present property tax relief law: sha ff , hat Ri]ey  Thursday ad-for low-uicome elderly and to-, dressed  letters containing his  tally disabled by (I) raising in-proposal. Copies were sent to____  come eligibility level to $8,000 Governor Ray and a1! legisla-iMark Hatfield (Ore ) from $6,000, and (2) increasing tors.     !     ‘    in    1972.”    Muskie    said,    “all  the percentage of reim- McCartney is co-chairman of the presidential candidates, bursement. at an estimated cost  a  house-senate conference com- talkedabout tax reform But of $3.2 million a year.  liament.  Opposition Conservative party spokesman Ames Prior said the decision could mean another  20.000 Asians will be allowed to  the firm's hopper fleet to above! The grant will support under- stay in Britain.  6.000.    graduate    research    participation    The    admission of non-white  projects. Six U. of I. students immigrants to Britain is a sensj-  Exempt citizens with annual incomes of $5,000 or less from state income taxes. Citizens  Man Surrenders On Drug Counts  Pick up the phone today and will spend this summer design- five political issue, especially in ...    .    .    ,    .    .    i    ,    ,    let    a want ad go to work for you. ling and conducting research the cities where these newcom-  VV_ lr ™! t( ! V. rk  W  nu  comprehensive tax reform  D , al 398 , S2 :| 4 .    projects    on    aspects    of    the    en-    ers    have congregated  ferences between house and sen-j  e  g i s I a t i o n has yet been  ate versions of Ray’s tax repeal (passed.”  bill. He was not immediately| He said two kinds of tax re-  available to comment on Riley’s    form are needed — “relief from  plan.    high tax burdens for the ordi-  Shaff, senate ways - means    I nary American and a strength-  !    committee chairman, said he    ening of the tax code to elimi-  could not comment since he had    nate unjustified tax advan-  TIPTON - Joe    Hart, 24. West    not yet received Riley’s letter,    tages ”  Branch, Wednesday surren-j The senate refused    house ad-    Muskie    said    special    tax    provi-  dered himself to the    Cedar    ditions and the house refused to    sions cost the federal govern-  county sheriff on    two charges of    hack down, so McCartney and    ment about $60 billion in lost  possession of a controlled sub-Rep- Norman Roorda <R-jtaxes in 1972.  stance with intent to deliver. He Monroe) are heading    a commit-  posted IO percent of a $5,000 tee trying to iron out differences  bond and was released.    or come up with a    new, less    Kennedy    urged    that    the    en-  Hart had hern    sought    hv of    costly plan designed to leave     er 8>'  tax biiI now bein 8 debited  Hart had been    sought    by of-,    J »    *     b thp house wa and means   ficials since a raid on a Cedar ; some  ™  siai f  s  sui pius. *    -  countv residence March 24 in vinously estimated at up to committee be seized on when I county residence March ii. ^     fQr    (hc    nex|    rcaches the senale t0  , urn lt   tax re-  Soy HAPPY EASTER with a Fresh Fruit Basket From Dales  “THEY'RE THE SWEETEST GIFTS" Heaping  1 , Peek o\er 4 lbs. }3.W, Heaping 4 Peek over x lbs JU id: Heaping Full Peek user 14 lbs. 19.00, Gift cello wrapped with a < beery How Perfect for saying Happy Easter", "Happy Mothers Day or Get Well Soon Always Free Delivery to either Hospital PHONE AHEAD We ll have your basket ready to pick up Or choose from a wide variety on display. We also have a large selection of Quality candies to add to your fruit basket or make up separately  DALE’S FRUIT MARKET  Opart 9 to 6, 7 days, 3338 Cantar Pt. Rd. N.f.  Phone 364-3314. Clotad (attar Sunday.  Energy Bill  into a comprehensive form bill.  In addition to closing so-called loopholes, he urged a modest tax cut to promote economic  Plane Appropriation stability and growth.  several years.  Committee Backs  tween $5,000 and $7,000.  Dog Story Gets for Owner  SEATTLE (UPI) — Gregory  which Helen Stumpff, 23, West Branch was arrested on similar charges. She also is free on IO percent of a $5,000 bond.  In that raid, officials seized substances believed to be marijuana and amphetamines w r hich    MOINES    (AP)    —    Monev    Kennedy    also said that all the  officers said were valued at be-    nation s workers now pay more  to buy a twin-engine airplane .    _   J     ,     F     .    in payroll taxes than in income  for the attorney general s office f axes and  called for reform in was approved Thursday by the this area.  ...    .    ^    house    appropriations commit- Huddleston said one of his  Hairv tor Owner tee    greatest disappointments in his,  •    I    first year in the senate “has   The committee sent to the | been the almost total lack of ef-  A. Miller, 24. of    Issaquah,    bouse    calendar a bill to appro-    f or ^     by  the    congress    to make  Wash., was ticketed    last July |Palate    $117,987 for the plane, of     our     income tax system more eq-  28 for illegally walking his dog    which    $15,000 would    be for    stable.”  rn the Olympic national forest (Operation and maintenance, and Mondale said the need is to He failed to pay the $10 fine $12,837 for special safety equip-  res t ore  “the principle of ability or post bond and the federal ment.    to pay to our tax system ”  government routinely processed    The    measure also contains a n e sa j d     that 402    Americans  a warrant for failure to pay the    $3,000    appropriation to    the state    with 1972    incomes    of    over  ticket through the National general services department for $100,000 paid no federal income Crime Index Computer.    a thorough study of the aircraft tax at all for that year.  The computer said Miller had    needs    of various state agencies.    A    similar    round of    speeches  been a deserter from the army    The    study was suggested by    was    made a    year ago.    and Mus-  for four years.    Rep.    Joan    Lipsky    (R-Cedar|kie said that he hoped “we do  Ile was arrested Wednesday iRapids), who said the legisla-'not have to repeat this exercise on the desertion charge. The ture needs more information next year.” charge of illegally walking the    about    plane use by    various Clark said    the goal    of    effee-  dog was dismissed.    agencies.    itive tax reform should be to  consent enoGV! save money;  coo#  . Y  less pow€r consumption THfln PREVIOUS aniTH GIPfYT-SCR«n TUB€-TVW S€TSI  with 1974  rgtnm  * KX>% SOUD STATE  Th* ALHAMBRA •(4719  Moieiticolly styled full bose console with costers. Moorish inspired side paneling and decorative pilasters. 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