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The Daily Tar HeelThursday, November 1, 19909 Wealthy still From Associated Press reports WASHINGTON Despite repeated government efforts to close loopholes, some wealthy Americans are still able to scrape together enough deductions to avoid paying any U.S. income tax, the Internal Revenue Service said Wednesday. Of 557,848 couples and individuals who reported income of $200,000 or more on returns Fled in 1988, 472, with incomes totaling $21 1 million, paid no income tax. Two of them, both uni dentified, even reported receiving un employment compensation. Of the high-income people who paid taxes, about 9,300 paid less than 5 percent. Another 17,082 reduced their liability to less than 1 0 percent, which is about the same as paid by the average $35,000-a-year family. In its annual report on the tax li abilities of high-income people, the IRS said two-thirds of those with incomes of Igmee -U rUu bAA 1 nojrr&r v Nofc "X Stil' don't 1 3 rter5 fly mother vests jh " y- ooTVwieT7 ftWAcoU P&zzM&r wjxmi -ftrS-' p 2&fTm3 &f$M SSSsrSi Sligfeip & sJtess, 1 MKK MH&sSS MiP gjjf rg j"- Jf p Calvin and Hobbcs ON TUL OHe UAHD, T5 K GOOD SGM P0R US A&TVSTS TUM. Itt MS kQt OF VSVlM K SKPLE CAN PROVOKE A SHOCK WEWERS. IT CONF RJAS TUM" IMN3ES Doonesbury HI, BOSS. GUESS tUHOSe P15TR1CT 0FF1C5ISA M03 5C&&. I WAS AFFAIPOF THAT. COMB IN, PEAR. Shoe we i ii i l ll l 1 I Gb IT... I R THE Daily Crossword by Frank R. Jackson ACROSS 1 Deprivation 5 Dips water 10 Oct. and Nov. 13 Ignore 14 Cupid's weapon 15 Engrossed 16 Actress Meara 17 Crownlike headdress 18 Butterine 19 Names in 39A 22 TV's Olin 23 Wrong: pref. 24 Degrade 27 Mountain 30 Catalogue 33 Trim branches 34 Kind of club ;37 Capture 39 Opus by 15D (with "The") 42 Move about 43 Green 44 Bustle :45 Wallop ;47 Gun gp. 48 Burdened 50 Acquired 52 Matched group 53 Highlight of 39A 62 Acting award 63 Moon valley 64 Change residence 65 Discover 66 Vegetable 67 Brainstorm 68 A Kennedy 69 Tent 70 Fossil fuel DOWN 1 Just hang around 2 Atlanta feature 3 Warble 4 Sirloin and porterhouse 5 Conductor's item 6 53A e.g. 7 Qum's land 8 Noble title 9 Multitude 10 Algeria's neighbor 11 Ready for business 12 Gr. colonnade 15 Operatic great 20 Dodger great 21 OPEC concern 24 Vestments manage to find enough deductions, loopholes to avoid pffnrt to nrevent the $200,000 and up reported capital gains profits from the sale ot investments that averaged $284,814. By com parison, salaries averaged $264,331. The study, prepared principally by Allen Lerman of the Treasury Department's Office of Tax Analysis, is based on raw tax returns. Some of the non-taxpayers could be moved onto the tax rolls following IRS audits. The report said 3,396 people with high incomes would have avoided fed eral income taxes altogether had it not been for the alternative minimum tax. This levy a special net designed to ensure that high-income people pay some tax, regardless of how many le gitimate deductions they claim cost 35,223 top earners a total of $ 1 billion. However, the reach of the minimum tax plunged from the previous year, when the levy took $4.8 billion from 158,903 high-income filers. One of the provisions Congress wrote ON THE OTWER ttMAD, TEERS RtACTOHK( UTERME. AUO TUNT MNU PEOPLE CAHT TELL QCOD ART" T-Rm A HOLE H TUt GKWHO. TUVS DRAWING I 0D CUMLEHGES 1UE VQW COHPUCtNCH Of TAOSE WO PREFER. SAFE, PRE01QESTED, GEUBE 7AK5 A LOOK AT WIS, LACS. A PETITION FROM 28,000 CONSTITUENTS ASKING yOU TO FUN FOR CONGRESS A6AIN .. have thb tzcmoiogx MQDM Ahit? BACK.. . K 1990 Tribune Media Services, Inc. All Rights Reserved 25 Dory and dinghy 26 Showery time 27 Squash type 28 Certain jailbird 29 Florence favorite 31 Caesar e.g. 32 Diacritical mark 35 Assn. 36 Dykstra of baseball 38 Boxer Spinks 40 Boasted 41 Gentleman's gentleman 46 Bovine sound 49 energy 51 Fortune teller's card 52 Play part 53 Attic 54 Rose's man 55 Melon skin 56 Occupation 57 Toss 58 Lily plant 59 Flurry 60 Eye area 61 Repast into a major deficit-reduction bill last week to raise the tax burden on the rich boosts the 21 percent rate of the mini mum tax to 24 percent. The IRS has been reporting the tax Perry senior officer who has been there 16 years when they're only going to be there 45 minutes. I didn't ask to have an outside panel." The panel was not allowed to see a letter of recommendation from former crime prevention of ficer Sgt. Ned Comar before they made their selection, she said DeVitto said he could not comment on the reasons he selected Perry instead of Edwards because it was a personnel matter. State law prohibits discussion of personnel matters externally. "I'm satisfied that the position is filled," he said. O8V10USW W1 "C-" FIRMLY ESTABUSUtS KE OH CUTTING FDGE OF UE AVANT- rXJNT HO0 HAME TO YCMl SLU ODTUES HOTUU& BUCOUC TUCKl P SCENES. GARDE C 0 IB Br A M IB 0 SrlS T I El IlIeIsIsIoUIsi isIpIhIiIgL J I iHlOlSlElSl lWjAlTjA IM IT I AHKSI Y A M It IL II I It IS Ml IgIaIrH inIeIeIpIaUsIpIaInI S In I NO, NO, OH,PEAR...PEAR...' UP TO WRITING I'M NOT SURE I'M RUNNING? 23,000 UP TO THIS... I 7FIANKYXI NOTES, i yf &)T W CAN'T 'KBBF fslS J ll CM ICKEtf JlICE FROM V- -Pk I I utAMNvy ... 1 iitTi iiT"1Sf I i R rc 4 Is i p 1 5 I 110 T7TT" 13 14 15 16 17 18 19 20 " 21 22 23 24 25 26 " 27 28 29 " 30 31 32 33 34 35 36 " 37 38 39 40 41 42 43 ' 45 46" " 47 " 48 49 50 " 51 52 53 (54 55 " 56 57 58 " 59 60 61 62 63 64 65 66 " 67 58 69 70 situation of upper-income Americans were made in an effort to prevent the tax-free rich people has been only a tiny ; since 1977. In that year, there were 53 well-to-do from shielding their income, fraction of the wealthy. The most recent; returns reporting incomes of $200,000 the figure grew to 6 13 on returns filed in IRS report showed that 557,848 taxpa or more with no taxes paid. 1986. ers in the $200,000-and-over group paid ; Although several changes in the law Through the years, the number of a total $72.7 billion. from pageTl: Perry said he was pleased he had received the position and that the matter had been settled, Perry was initially given the position in March after Sgt. Ned Comar retired, The position was reopened after a campus grievance committee ruled on a grievance Edwards filed. The commit- tee found that DeVitto had violated a directive issued by Chancellor Paul Hardin when he filled the position. The directive required all vacant police po- smons oe pusieu. Court downstairs, but plans to do so are vague at, this stage, he said. The board will consider responses to a student survey taken this semester at all Carolina Dining Service's locations. Ruffin Hall, a member of the advi sory committee, said competition from other eating establishments and the relatively poor quality of food have contributed to Carolina Court's low sales. "I know it is doing badly. It's a source of profit loss for Marriott," he said. Committee member Gretchan Fliers Poston, a candidate for student body president, included barring CGLA from receiving funds as a plank in his plat form. "We see them all the time," he said. "This is basically gutter politics, as far as I'm concerned. If anything, it will alienate people from the Helms cam paign." There are more constructive ways for them to make their point, he said. Most North Carolina voters did not support gay rights, Rothwell said. The CGLA is not looking for special rights, they just want the same rights as others, he said. "Most gay people I know just want to be left alone." On the back of the flier, the group presents "more shocking news." The pictures of "Hanoi Jane" Fonda and Jesse Jackson are on the back, and la beled as liberals. Students for Truth Chairwoman Michelle Carawan, a student at Campbell University, said the group's purpose for posting the flier was to inform voters that Gantt strongly sup ported gay rights. The group thinks the majority of North Carolina voters do not support Refunds coming freshman class. The advertise ment falsely stated that the lofts met the Department of Housing's loft policy, he said. Sturdi-Boy officials told him the advertisement stated the lofts were ap proved by other universities, but many students interpreted the ad to mean the lofts were approved by the UNC hous ing department, Kuncl said. The housing department sent letters stating the lofts had not been approved by the University to members of the incoming class, causing many students to ask Sturdi-Boy for immediate refunds, he said. Members of the housing department inspected the lofts shortly before the Sept. 30 loft inspection deadline and decided they did not meet University requirements. More students requested Aft t w 408 West van. Rosemary St. I Marijuana Question.' 'ED 942-1740 i E.G. Peters Tonight at 10:00 p.m. Yellow Cups $1.50 Dr. Peppers $2.75 310 W.Franklin St. 933-3767 The panel that interviewed Edwards and Perry was composed of three crime prevention officers from other cities in the state. The University selected the officers earlier this month. Comar said he thought Edwards was the more qualified of the two candi dates. "I think they'd have done better with Keith," he said. "She has the attitude and the background. She has a certain credibility about her. "She is more intimate with the issues Diffendal said the committee had dis cussed connecting the upstairs of Lenoir with Carolina Court. A stairwell or el evator would encourage students to go downstairs when they could not find a seat upstairs, she said. Carolina Court is not being fully used now, she said. "It's kind of a wasted space." A marketing consultant suggested improvements for Lenoir's main floor to the dining service last year, she said. The changes have been helpful, she gay rights and need to know that Gantt is receiving money from "militant gays," Carawan said. "We did not think Harvey Gantt would want people to know he was a major supporter of gay and homosexual rights," she said. North Carolina voters would not find out about the advertisement if the group did not inform people, she said. "We hope people will be better informed to decide who to vote for on Nov. 6." Carawan said although people know Gantt supports gays, it was politically smart for Gantt not to publicize the fact loudly. Students for Truth is not singling out homosexuals, Carawan said. "It's to find out just how liberal Harvey Gantt is," she said. "Liberal is a dirty word where I come from," Carawan said. "They support high taxes and support a type of freedom that has no limits. "We don't view North Carolina as being liberal," she said. "We view ours as a moderate state." Tim Moore, a member of Students for Truth and a UNC student, said about 500 posters were given to students to post on campus. The purpose was to refunds after learning the loft had not been approved, Kuncl said. The University never has dealt with a national metal loft firm, he said. Students have always constructed their lofts with wood and worked with smaller, local firms, Kuncl said. Let Econ Professor William "Sandy" Darity do it for you He'll jam with local jazz group Soul Expression ax.9 pm, Friday in the Union Cabaret. Part of the Spotlight on Professors series presented by the Performing Arts and Current Issues committees of the Onion Activities Board. . FiRIIDAY VdDILILIEYIBAILIL VS. (BEEdDHKBHA paying taxes tax-free rich people has been only a tin the crime prevention officer has to deal with." Edwards said she was not upset when -she got the letter stating she was riot chosen for the position. ; "My life is already on course. My course is to make a change," she said. "I am black and I am a female and I have spoken out. The University tried to stop me. If they could have stopped me then other blacks would not have come and spoken out." from page 1 said. Scott Vinson, a sophomore from Ahoskie, said he used to eat breakfast in Carolina Court because lines were too long upstairs, but now that the court no longer serves breakfast, he doesn't eat in Lenoir at all. "I just don't go. I don't like it down there anymore." Kelsey Aulbert, a sophomore from High Point, said long lines kept her j from eating in Carolina Court. "You '. can get everything that's offered '. downstairs upstairs, so why go down stairs?" from page 1 alert people about the type of groups supporting Gantt, he said. "He's cater-: ing to special interest groups and PACs"; i Moore said. The poster was not a mud-slinging; I tactic because the advertisement was I true, Moore said. The poster tries to Z persuade the undecided voter by giving; " him a full understanding of both candi-;" dates, Moore said. ; - Carawan said the group's purpose;: was not to convince people to vote for Jesse Helms, but just to inform voters.; The advertisement is similar to a . Helms television commercial referring to Gantt's efforts to raise money from : the gay community. The advertisement ; says, 'Harvey Gantt is running two ; campaigns, one public and one private,' ; Carawan said. ' Students for Truth posted the flyer across the state at universities such as' UNC-Asheville, UNC-Wilmingtohv UNC-Charlotte and Wake Forest.; Carawan said she received a phone call from a student at UNC-A who disagreed with the poster, but the rest of thee sponses were positive. from page 1 : "I have nothing against Sturdi-Boy; in any way," he said. "I think metal lofts are a valid business idea, but our policy , now calls for wooden lofts." University Housing will consider revising the policy to allow metal lofts; in the future, he said. ; ' ; 5i
Daily Tar Heel (Chapel Hill, N.C.)
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Nov. 1, 1990, edition 1
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