High Point Enterprise Newspaper Archives Feb 11 1974, Page 8

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High Point Enterprise (Newspaper) - February 11, 1974, High Point, North Carolina 8a High Point Enterprise monday february la 1974 moving expenses valuable tax Wise by Ray de Crane 5 the Cost of Selling an old a direct deduction against residence and purchasing a Ross income May be claimed new one or of settling an old by new employees lease and arranging for a new transferred employees and one. Self employed persons who there Are no Dollar limits moved last year. On Points i and 2. The Max if a change in jobs would mum for the others is $2,500, have required at least 50 and of which not More than $1,000 Dit ional Miles one Way com is allowed for House Hunting muting to work if the move trips and temporary living had not been made and if you quarters. Will be employed at least 39. Weeks in the 12 months j 1974 Cut your following the move you Are j own taxes eligible for the deduction. High Point Enterprise if there is any reimburse i statl0n ment from the employer the Send Boon it is 00 each Pius sex general Nixon gambles with end of Price controls considers politics full amount of the reimburse ment must be included in Gross income. Since moving expenses Are considered an a adjustment to they Are far More valuable in tax savings than a deduction. After claiming them you could still claim the Standard deduction providing up to $2,000 for your Normal deductible items. Moving expenses which May be claimed include i the actual Cost of moving your household goods 2 the expense of moving your entire j s for postage and handling 1 enclosed is i s i make a Check or a Money j order j payable j to a tax j a allow 3 a weeks i for j delivery. A Columbia. . Apr leaders of a drive to place former army chief of staff William c. Westmoreland on the ballot for governor of South Carolina say they have collected Over 4,200 signatures in support. Lee Atwater director of the drive said sunday that As. Many As 2,000 additional i signatures May have been i collected but not turned in to his Headquarters. I i the drive was begun last a week by Greenville advertising executive James j Henderson. When the drive i began. Henderson said he i hoped to collect at least 10,000 Cut your own faxes Tuv a. By Bill Neikirk associated press writer Washington a in announcing an end to most wage Price controls by May i president Nixon is gambling that the Price explosion ripping through the . Economy will subside by midyear. The evidence is not altogether Clear that the Long awaited Relief is at hand even if the Economy slows to near recession Levels As expected. Some economists already Are comparing Nixon a decision to drop mandatory controls in All but the Oil and health industries by May i with his ill fated move to phase 3 controls a year ago. That switch from mandatory to largely voluntary restraints on wages and prices brought on such a wave of Price increases that beef and pork and prices of Ever that a number of co Mother meat went up sharply. Panties that have had their Nixon followed the freeze profit margins squeezed by with a Tough wage Price Nixon a controls will now try system that squeezed the to make up for lost time by signatures by the first week in he Dona was devalued and i name 1j address a state March. Westmoreland who commanded . Forces in Vietnam before becoming chief of staff says he is considering the race but he has not announced his party preference. Both the democrats and republicans Are courting him. Although Henderson s drive would have the Stock Market shaken. Eventually Nixon went Back to mandatory controls freezing prices for 60 Days. The second freeze however. Did not meet the same Success of the first one in 1971. There were widespread shortages of profits of businesses yet failed to Check the surge of prices. The presidents economic advisers declared wage Price controls counter productive and All but useless in their annual economic report to Congress a week ago. They said Nixon would continue to decontrol the Economy and eventually move to a free Market. The White House strategy is Clear. It believes the worst of the Price increases Are occurring now largely because the Cost of living Council is removing controls gradually Industry by Industry. The administration plans to keep the Cost of living Council As a watchdog Over prices and wages. But outside of Oil and health services it would have Little Power. Many officials believe How raising prices. Although the Cost of living Council is trying to extract promises from industries that they will not raise prices significantly this year those Dies of Burns Roxboro i apis person county authorities said a 73-Vear-old retired tobacco Man died saturday night of Burns he received when his clothes caught fire in a rest Home near Roxboro. Earl Thornton Chandler was hospitalized at person memorial Hospital after suffering multiple Burns. He was later transferred to Duke Hospital where he died. Pledges could go Down the Drain if the Economy changes drastically. The administrations position is that no standby Power to control wages and prices is necessary and is in fact an inflationary Force in itself. The administrations projection of a mid year tapering of Price increases is not shared widely in Congress and among economists. Yet the administration is willing to take its lumps on the Price front for several More months at least. The president who in 1971 said his administration would break the Back of inflation told Congress Only a week ago that it takes time to do that Job. Cockerham amp How an dispensing opticians 527 n main St phone m7-5i94 simis a a Complete p. Lee Cockerham we fill any i prescription for t optical service a repairs a 1> or tors glosses duplications f m i 4 Robert l Homin off Street parking household from one location. J him run As a gop candidate to another including lodging a a and meals in route 3 the secur to guards Cost of House Hunting trips to the new location after employment was obtained 4 it Cost of meals and lodging in temporary quarters in the new location for up to 30 Days and quipped with two Way radios door seals and night watchman Celecki Ian i i do tort your Home and property wiurnuitv.1 24 hours per Day Davis patrol amp watchman service 126 n. Main High Point n c. Coll 886-4025 Numa f red Lodge no 344 a f amp a m stated communication Fth 11 the 30 pm Vittling mutant West in a ill i c Harris master w p. Mcguire Secretary a a clip and save. .,889-786 to report All drug pushers Call Day or night j Rector any facts to help identify a Pusher. You Don t have to identity yourself and Cajus cannot be traced 1 it9 f if tit in flit. Announcing the Cadillac value Protection plan Cadillac value Protection plan 12-month/12000-mile service agreement Cadillac and me Selling dealer signing use a Obed application for registration form Jenny ogre with one re Roll purchaser at me eligible cod ii oct emitted on the attached application Tor registration for mar the undersigned dealer or any other pome poring dealer of it ii riot feasible tot the retail purchaser to return to the undersigned Selling dealer will repair at such Deo it s Piacun at business any of the following parts that during the period of this agreement Ore founds to be defective or that mail unit on a ii Poer train. thongs Cylinder bid head intake manifold water pump and All internal engine parts automatic transmission including Case ond of Are Enol ports drive line and drive Oxten Assembly Sells ond Oil other internal porn a Powe a steeping system Power steering pump cooler ond lines Power steering gear ond steering linkage a charging system Generator ond voltage regulator a starting motor including solenoid ond clutch a air conditioning system of Ait conditioning components a Power window system any such repairs will be made without charge for parts or labor except for me first 525 of costs set Forth in repair orders covering each service Vyt Mode to o participating dealer under this service agreement eligible Cadillac an eligible Cadillac for purposes of m s service agreement shall mean any previously owned Codi Mioc of me current or three pre ceding Model years which has not been driven tot More than is Motif is or 50.000 Miles whichever occurs first from the dote the vet be was originally picked la service As o new Cadillac pm mod of service agreement this service agreement Sha i continue in effect for a per of of 12 months of 12 000 Miles of operation whichever occurs first from the dote of Sale of me eligible Cadillac covered by this service agreement to the retail purchaser participating dealers for purposes of mis service agreement a participating dealer shall mean ony franchised Cadillac dealer who has elected to Panfic Pote m me Coda Volue Protection Pion ond identifies it Verf As such a Partt Capoor value Protection plan registration the under s Ned seeing Dea or $ oo1 gored to Register the eligible Codi hoc covered by a service agreement with Cadillac within of Days from the dote of so e thereof to the re Roll purchaser there upon Cadillac will furnish the retail purchaser with o Persona ted identity Cord which must be presented to obtain service under this service agreement the identify Cord will include me Nome of me Rera purchaser rhe vehicle dec Riff a Tina number of the eligible cod x and the mileage ond dote As of what a the service agreement will terminate pending receipt of such identity Cord the tet Oil purchaser con obtain any such service by presenting a copy of the attached application tot registration form non transferability this service agreement a applicable Only to the retail purchaser shown on rhe attached application for registration tot in ond it a non it Anifet Able usage this service agreement does not covet reports to the eligible Cadlac required of o result of occident fire or other co Suofy misuse negligence of toeing of failures caused by alter of on of ony port of the vehicle odometer tha service agreement shall become null ond void of to the eligible Codi hoc of the odometer is altered so Mot me actual i Geoge of the vehicle cannot be deter mined required maintenance tha service agreement does not cover repair or replacement of any port that fails because of failure to perform the required maintenance services set Forth in the applicable Codi hoc maintenance schedule o copy of which Shoi have been provided the re Roll purchaser by the Seiling dealer these maintenance services which Are the owner s responsibility Ore requited because of not Mol Wear ond use the Quot up Quot service agreement is included in the Price of the car at some Cadillac dealers. At others you May elect to take this Protection plan at an additional Cost to you. See your participating dealer for details. A significant new 12 mo./i2,000 i. Service agreement for pre owned Cadillac very simply a a up Quot covers the Cost of any repairs Over $25 for most of the major mechanical systems on any preowned Cadillac approved by a participating dealer. And it does so for the first full year of ownership or 12,000 Miles whichever comes first. That a lot of Confidence to place in any car. But a late Model Cadillac Isnit just any car. Most pre owned Cadillac have features and appointments not available on some new cars. And Many Are one owner cars so most Likely they be been Well cared for even before being further reconditioned and selected for the a value Protection plan. Best of All however your neighbourhood Cadillac dealer now has a truly outstanding selection of late Model Cadillac taken in Trade a and at prices you la find it almost irresistible to say no to. So Why buy a car simply because its new now you can buy a pre owned Cadillac with the a Seal of Confidence at participating Cadillac dealers. The Cadillac value Protection another Good reason Why you Don t have to sacrifice multiple passenger roominess Comfort and Security for Economy. The Quality car that makes sense for today. Mom value your Money due to circumstances beyond our control involving the trucking situation we have not received previously confirmed deliveries on Many items. Should we run out of an advertised special we will be Happy to give you a ram Check Good for the same special Price when Normal supplies Are again available

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