New Braunfels Herald Zeitung (Newspaper) - August 2, 1987, New Braunfels, Texas
N B business draws trade practice suit by state AG
By SARAH DUHL Staff Writer
The Texas Attorney General s of hee is laking aition against a local businessman tor deceptive trade practices representatives I rom ttiat office said Friday
Haul Noriega an attorney with the state attorney genet .ll s San Antonio ut I ice said .terry Ledenliam ot Spa I-acton outlet in New Braunfels has taken hefty down payments Horn customers and then failed to produce the promised product
spa Kactory outlet at pot \ in terstate D was closed Friday atter noon and Saturday Apparently all merchandise had t>een removed from the business and the gates of the tall. chained link fence were linked l edenliam could not tie reached tor comment Reportedly the business had tieen open at the location tor four veals
>t complaints that ti
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Ida for President
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Comal County Fair
Parade Enti y Form
Has the Great Tax Revolt failed?
Bv GR AC IFL A TESTA ORTIZ and BONNIE OHR I
U S Chamber of Commerce
I or reasons not yet clear there is a popular presumption that the (I re at Tax Revolt has largely sue cceded and that the tax burden has been dramatically reduced To be sure, marginal federal income tax rates have declined substantially since 1**78 when the first rumblings of the (Heat Tax Revolt were felt throughout this nation A et contrary to the bipartisan rhetoric the ♦ax burden on the average American has not declined Although individual federal income tax payments hail 'allen from their 1981 peak of almost 12 percent of personal income the many tax increases enacted since then have raised the tax burden back to its 1978 range As the chart shows the federal income tax burden to day is not much lower than what it was when Proposi bon I ’ swept through California in 1978 and captured the n igination ot a beleaguered citizenry Moreover, projections tor Pana show that even with the full im piementation of tax reform tax burdens will remain at the present high level A et the conventional wisdom per> st> that the new tax law redui cd the tax burden for all taxpayers This is clearly not the <. ase In 1988 over 40 percent ot American taxpayers will face marginal rates either ♦-qua to or higher than those they would have faced u* ic prior aw Although the majority of taxpayers wil indeed get marginal rate reductions only ll per cent oi all taxpayers will el. ox significant reductions ot lo percent or more lr i Idit ion Americans have been bombarded by a new taxes u\**r most or ti > decade Since 1981 erage taxpayer has endured five increases in the Sci univ tax rate adding a cumulative SI AN* to
the ? ret
ran s tax bu •ame Sum*
men Projections in-estimates anticipate pax t oi * ax rates w ii
od of the dec; arty unfair I*' lait/** lower if dine tax arnut gallon A'•sun
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average American taxpayer particularly the working
The numbers show that, overall, there has been no improvement in the personal income tax burden as levied by the Federal government But there is more it than that over the same period there has freon a huge increase in the state and local tax burden bom .’> 7 percent of personal income in 1978 to 4 4 percent in 198fi
When one starts adding up these various taxes, the picture that emerges is enough to start another Boston Tea Party Despite the personal income tax cuts ot 198’ and 198T. tin- total tax burden n the average American has increased from 183 percent in 1**78 to 19 I percent in 198e and is expected to rise to nearly 2<» percent by 1988
Kxpressed differently. Tax F reedom Day the time it takes from .January I tor the average American to earn enough to pay federal, state and lo* a1 taxes assuming all income goes tor taxes wa1' on May f> in 1978 It fell to April 28 in 1984 but now it is back to Max 4
The deflate among presidential candidates currently centers on issues such as trade and the federal deficit Yet the deficit problem is not being addressed by reducing spending and even the trade bill contains in creases in federal spending, including provisions which would increase by over 4n<> the number of government bureaucrat^ and cost between s2 billion arid TA billion F urthermore. Congress has enacted an urgent sup plementai spending bill that provides funds to establish such programs as a National Weed < enter and a nation w ide advertising campaign to urge Americans to eat more fish ut un estimated cost of nearly s9 million
Where will all this folly end' Probably in higher taxes it the past is any indication of the future In tact the House Ways and Means Committee ha' ust issued a report listing 200 ways in which your tax*-' can be in creased The report Is intended to guide Congress in its search tor sly billion in new taxes to comply with the requirements of the fiscal 1988 budget It m< nudes pro posals such a' the following imposing ' per en? sur ndividual and corporate income >r child and dependent care exf
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ming * bu i year an the go TF
leans »\ era ’he ave: id his car j one tax hii max not >een x idual. or the tees to get to <»r others In « is nickel and
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and cor st are tur if jai co and ut new excise taxes - * that no one is talk ies that your tax
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COMAL COUNTY FAIR PARADE
I )ear Abby
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>1 menial - said Ne I asked who ss Ida And then they told me that Ida .va a ‘Kl veal *•! ! woman aho uh veals had made a special trip with bel friends And evel’V Veal bel grulidduUghtei did something to make that ti ip mentor able
Aim! he doest! t know where die fiei friends are from Rut somewhere out their a aith B fen and Bush iiephatdt Simon Dukakis and Dole Ration Kemp Jav Kmiii jiiai • .ore and .ill rest Ida is running tot president
T.C. BREVER M.I).
In It mal Mt ii‘< i rn
A n mm rn * s
Hi hunt am of his I Jflu't
to Garden Park
876 I xiop 337 New Braunfels, T exas
Ute Best Vacations Start Before You Leave Home
SUI. VI still 1111 alit) I, lief ort It d going ok nil Ii
It Rf \ I DKs* \n* >t»u av tv tm a well earned
• ii VA**!!, ii viiu ire. make mi v at a!Min Tim 'ti l * <»*.I
• f * than von anticipated k« a few pi cc ti uI ton k taking off.
• •Mi i hi alt* i if x on re lo In gull* a week, it
• if a weekend All ex pe-iciii ed hu'glur inn steal more
.ii i*u« bout than vnu eau earn in t '• I* 's i *ak< a lip troni Abby, a nd;
( .ne < I ait Ti la i i m *> sin ll as ne vs spapt is a rid milk. Anil have . • iiii mail beld at th* pout offiee. It vou Ii'* iii a bouse, maintain a lived in look around the place,
Ask a neighbor to pick up throwaway circulars, (ill your (rash cans with a little tit his ti ash, and park a t ar in your It iv* wax or fusional!v. And if
vou're going to be gone tor a couple ot weeks or longer, bas** v our la w ii mow cd.
Invest in a “timer” to turn voui I A , radio and lights on and offal varvmg times Also turn th. la* 11 dow n *»n sour telephone so constant ringing won’t announce to the w orb! that nobod v 's home.
It you leave vour car ai the airport, be sure to remove any materials from vour ear that show sour home address.
It x * i u have an alarm system al home, test it before y nu lcav e. Have ,» wonderful, worry-free v ai at ion.
!><» 'ou hut** to "rn** letters because 'OU don I kilo" "hat lo sa'1 I hank *ou notes, wvmpaihx letters, congratulations. ho" to decline and accept o*'nations and ho" to "lite an
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