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THURSDAY, FEBRUARY 18, 1965
THE PHliOT—Southern Pines, North Carolina
PAGE THIRTEEN
NOT INCLUDING AUTO SALES TAX
N. C. Sales Tax Deductions For
Federal Income Tax Use Listed
The Internal Revenue Service
has published its new Docu
ment No. 5327. The document, re
produced here, indicates the
amount of N. C. Sales Tax which
the IRS will automatically allow
taxpayers to deduct on their Fed
eral Income Tax Returns. The
amount deductible is based on
the taxpayer’s income and the
number of dependents he has. To
claim the deduction, however,
the taxpayer must itemize his
personal deductions on page 2 of
Form 1040.
Sales tax paid on the purchase
of an automobile would be de
ductible separately. The table
does not take this item into ac
count. N. C. gas tax is also de
ductible separately.
Internal Revenue further ex-
expert
WATCH
REPMRS
%
BRIDAL RING SETS
WATCHES — CLOCKS
GIFT ITEMS
Oldham’s
Jewelry
Vass. N. C.
NORTH CAROLINA 1964
AVERAGE STATE SALES TAX TABLE
This table is based on the North Carolina
iteneral sales tax of 3 percent. It may be used
when deducting sales tax on Form 100. Ij
the table is not used, sales tax deductions must
be itemized and substantiated. Deductible
sales tax on the purchase of automobiles and
gasoline tax of 7 cents per gallon are not
included in the table and must be itemited
separately.
Income as shown Family Size (Persons)
on line 9, page 1, Over
Form 1040 1 2 3 & 4 6 5
Under $1,000 $18 $19 $26 $26 $26
$1,000-1,499 23 26 33 35 M
51,500-1,999 28 32 40 43 43
2,000-2,499 33 38 47 51 61
;2,500-2,999 37 43 63 58 69
3 000-3,499 41 48 69 65 06
$3,600-3,999 45 63 65 71 73
.•;4,000-4,499 49 .68 70 77 79
$4,600-4,999 52
$5,000-6,499 65
.55,600-6,999 68
,$6,000-6,499 - 61
$6,600-6,999.- 64
$7,000-7,499 67
.$7,600-7,999 70
$8,000-8,499 73
$8,600-8,999 76
$9,000-9,499 79
$9,500-9,999 81
$10,000-10,999 84
$11,000-11,999 89
$12,000-12,999— 94
$13,000-13,999 98
$14,000-14,999— 102
$16,000-16,999— 106
$16,000-16,999— 110
$17,000-17,999— 114
$18,000-18,999— 118
$19,000-19,999— 122
$20,000 & over- 126
FROM N. C. STATE ECONOMISTS
Here's Farm Production Outlook
95 97
100 103
105 109
110 114
115 119
120 124
125 129
102 118
107 123
128 146
134 152
140 158
146 164
162 170
168 176
130
134
140
149
168
166
174
134
139
146
156
165
174
183
182 192
190 200
197
204
208
216
164
211 224
218 232
*i,s. Treifury PeptrUnent IntpriiPl Reteoue Serrlc®
3C. No. 5327 (R. U-64) le—78380-1 opo
WALL PAINT
Ko •tirring. uo priming. Dip
ia and atari to paint!
Creamy-thick—won’t drip or
■patter like ordinary paint.
Dries in 30 minutes to lovely
flat finish. Clean up with
soap and water I
^Qose from 19 decorator colors-
Exeictly matching shadet for
woodwork in durablo“Dueo”
Satin Sheen Enamel
SHAW PAINT 8t
WALLPAPER CO.
Soulhem Pines
plained that this year’s table
shows deductible amounts which
are generally lower than those
used last year. The principal rea
son for this is that the old tables
were based on a 1950 Bureau of
Labor statistics study of consum
er spending data; the new table
is based on consumer spending
data developed from a more
comprehensive study conducted
in 1960-61. Rent, property taxes,
mortgage payments, doctor hills,
hospitalization insurance and
many personal care items such
as haircuts all required more per
sonal income in 1960-61 than
they did in 1950. 'These items
usually are not subject to sales
tax, the IRS explained.
Additional copies of the table
are available at the 28 field of
fices of Internal Revenue here in
North Carolina. Ask for Docu
ment No. 5327.
When economists at North
Carolina State > take a quick look
at the outlook for the supply, de
mand and price of agricultural
commodities in 1965, here is what
they see:
POULTRY—egg production is
expected to be up and prices
down. Broiler production is ex
pected to be up slightly ■ with
prices also rising slightly to mid
year. Turkey production is ex
pected to be up with price down.
TOBACCO — Supplies of both
flue-cured and hurley are up. De
mand for both export and domes
tic use is down. The 1965 support
level will be up slightly.
DAIRY—Grade A production
is expected to increase slightly,
with the N. C. price rise remain
ing the same as the national rise.
Price for manufactured milk is
also expected to increase slightly.
PEANUTS—Total supply is up
nationally with the price expect
ed to remain at support level.
COTTON—Allotments for 1965
will be the same as 1964. Carry
over on Aug. 1, 1965, is expected
to be larger than a year earlier,
however.
WHEAT — Production is ex
pected to be up in both the U. S.
and North Carolina. Supply, de
mand and price are expected to
be lower.
FEED GRAINS—Production is
expected to be down in the U. S.
but up in North Carolina. De-
mand should be slightly lower,
while the price moves slightly
higher.
SOYBEANS—Carryover is up
sharply over last year. Produc
tion should be about the same
and prices for this year should
be about the same as last.
FRUITS and VEGETABLES—
Apple prices are expected to be
down slightly to mid-year. Sweet
potato prices are expected to be
up during the same period. No
change is seen in the outlook
for other vegetables.
HOGS—Production will be
down while prices are expected
to increase moderately.
BEEF CATTLE — Supply
should be about the same or up
slightly. Prices should increase
slightly to mid-year.
SHEEP—Numbers are expect
ed to reach an all-time low.
Prices should be about the same
or up slightly.
SEED—Both the supply and
price should be about the same
as in ’64.
HAY—Supplies are expected to
be down while prices remain
about the same.
FARM COSTS — Feed costs
should be up slightly. Wages
should be up slightly. Fertilizer
prices should remain about the
same, while other farm costs rise
slightly.
FOREST PRODUCTS — De
mand for both timber and pulp-
wood is expected to be up. No
change is seen in timber prices
while pulpwood prices could rise
slightly.
PILOT ADVERTISING PAYS
MUSCULAR
ACHES-PAINS
Take PRUVO tablets when you
want temporary relief from minor
aches and pains and body stiff*
ness often associated with Arth*
ritis. Rheumatism, Bursitis,
Lumbago, Backache and Pain*
ful Muscular aches. Lose these
discomforts or your money back.
At all drug counters.
CRAIG DRUG CO.
Aberdeen. N. C.
107 Sycamore St.
65 OR OVER?
We have ful! enrollment
information and
forms for
f
HEALTH INSURANCE
for people 65 or over
no medical examination
• up to $10,000 in lifetime Major Medical benefits
• policies won’t be cancelled because of
prolonged illness ,
Here is insurance protection that can help you keep
your independence. Virginia-North Carolina 65 Health
Insurance is available exclusively to residents of Virginia
and North Carolina who are 65 or over, and to their
spouses regardless of age. i
We will be happy to help you enroll. But ACT RIGHT
AWAY! Enrollment February 22-March 22 only! ,
BARNUM REALTY & INSURANCE CO.
Phone 695-7251 Southern Pines, N. C.
Clarendon Gardens Nursery
Linden Road
Pinehurst, N. C.
—The Horticulture Center—
LANDSCAPE DESIGN and PLANTING
There is no substitute for Quality Plants and Workmanship
We can help you beautify your property. Small homes, or estates
Our Twentieth Year
Booklet Lists Benefits
Available For Veterans
The 1965 edition of VA Fact
Sheet IS-1, “Federal Benefits for
Veterans and Dependents” is
now on sale at the U. S. Govern
ment Printing Office in Wash
ington, D. C.
This booklet lists all major
benefits available to U. S. vet
erans, explains eligibility re
quirements for veterans or their
dependents and describes the na
ture of the benefits and where
application should be made.
A single copy may be purchas
ed from the printing office for 20
cents. However, organizations or
individuals desiring copies in
quantity may obtain discount
I rates.
WE’RE GOING
TO PRESS SOON!
This is a pressing matter, so call our busi
ness office now to notify us of changed
listings in the telephone directory. Re
member, additional listings for family
members or your firm may be included
for only a small extra cost!
And Mr. Businessman, don’t let the
deadline squeeze you out of extra
profits. Make sure that all of your
products and services are represented
in the Yellow Pages . . . your com
munity's most used shopping guide.
Call our business office today for ad
ditional listings!
OF THE CAROLINAS, INC.
UNITED TELEPHONE COMPANY
A SUBSIDIARY OF
UNITED UTILITIES, INCORPORATED
COMPME MD SEE
$397.96"“ was the total cost to the E. Ik; Woods
of Wilkins Drive, Sanford, for electricity to heat
their home and operate all other electric services
for one year. They have eight major appliances
and 16 small appliances. The eight-roorti home
has 2,700 square feet.
$358.46^ is what it cost the Virgil Carpenters
of Plum Street, Pinebluff, for electricity to heat
their home, an(l operate all other electric services
for a full year. They have four major appliances
and 12 small appliances. The home has 1,639
square feet with seven rooms.
...how much Homeless Electric living really costs
Why not decide for yourself? Here are the homes of f()ur families
who enjoy the benefits of flameless electric living, along with the total
of their electric bills for 12 months.
Pick a home that is about like yours in size and equipment. Com
pare the operating cost for it with your own expense for heating fuel
, and electric service over a full year.
We believe you will be pleasantly surprised. So much so that when
you build, buy or remodel you will insist on an All-Electric home for
your family. , . . ,
Remember. In a Gold Medallion home electricity keeps you warm
and cooks your food. It heats the water and gives you light for living.
In dozens of other ways it makes housekeeping chores easier and liv
ing better.
*P.S. Now these costs would be even less, because CP&L’s
rate for all-electric homes has been reduced twi^e
within the last 12 months. Flameless electric living
is cheaper than ever.
Nicest housewarming ever
ELECTRIC HEAT
...it’s flameless!
C CAROLINA POWER AUGHT COMPANYJ
An investor-owned, taxpaying, public utility company
$242.60"“ was the cost of 12 months electric
service for the J. Leroy Vernons’ home at Green-
hill Drive, Siler City. They heat their home elec
trically, use five major appliances, and 10 small
appliances. The six-room house has 1,370 square
feet—4 in famih
Iv.
$276.14"“ was one year’s cost to the Robert
L. Usserys, Blues Farm Road, Laurinhurg, to
heat their home electrically and operate other
electric services that include four major appli
ances and numerous small appliances. The home
has 1,386 square feet with six rooms.