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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
May 23, 1985
Page
6
J P Hladky Jr is identified as the chairman of the board of directors in the document. The record notes his leadership role within the corporate or organizational governance structure. No further details on the organization or context are provided in readable text.
The U S Labor Department reports 1985 first quarter settlements average 2.8 percent for the first year and 3 percent for the life of contracts, with 47 settlements covering 173 000 workers, while unions face waning influence and market realities.
The writer questions DHS response to child abuse versus dog cruelty, asking how the child suffered for eight years while animals receive protection and abusers are not held accountable. The author praises Lloyd McCabe for speaking out and urges more caring social workers.
A reader denounces the Linn County deputy acquittal in the death of James Collins. The letter contends that racism and courtroom tactics obscured the truth, condemning the justice system for a slow investigation and biased outcomes.
The piece contrasts Los Angeles union contract gains with Washington state’s court decrees on comparable worth. It notes LA raised AFSCME librarians and secretaries to $1,492 monthly, arguing equity not a formal comparable worth study. The author warns against wage boards replacing market values and cites potential flags for federal action.
The nation debates a minimum tax aimed at corporations and high income individuals to reduce deficits and curb tax shelters. Moynihan Chafee seek 15 percent on profits over 100000 and income above 50000. Bennett proposes 10 percent on corporate income over 100000 and individual income thresholds. Treasury backers cite revenue projections from 16 billion over three years to 125 billion by 1990.
Lawmakers voice demand for fairness as critics point to Reagan era tax breaks. General Electric paid no federal income tax 1981 83 while profits reached 6.5 billion. An IRS survey found 25 000 high earners paid no income tax in 1982. Moynihan calls for action while Social Security recipients see smaller benefits. Advocates say a minimum tax would collect owed taxes, not hike them.
The piece argues for a total overhaul of the tax system to be fairer and simpler. It criticizes a selective minimum tax, warns that partial changes spread confusion, and notes that a unified corporate and individual reform would better ensure everyone pays their fair share. It notes corporate tax affects customers and calls for comprehensive reform over piecemeal measures.
Economists from the Urban Institute say a minimum tax adds complexity and could penalize legitimate investments. Congressman Dan Rostenkowski defends it as a fairness measure while opponents fear it blocks true tax reform.
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