Newspapers / The Kings Mountain Herald … / Aug. 3, 1972, edition 1 / Page 10
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>AGEFOUR THE KINGS MOUNTAIN HERALD, KINGS MOUNTAIN. N. C. Washington Report by By Congressman JAI4ES T. BHOYHILL In this pol.ti'jai >c\ir, tlicro lias b. La A ;jivat -.1 lahc a'li.’J* the nood for tax reiorm. Charges have been mute inai oar preiscnt tax structure favoi3 curporatiojis Over the individual ta.\i,ujor and that rich people ai’e a,a* to es cape taxes tiiikjugn a system of “loopholes* wiii*e low and iiud- O.e income people are bearing the brum ol tne ia\ Laiaiit. There is no doubt that signifi cant Ciiian'ges in the tax :vl rut lure siiould and will l>e inatle. The pixisent s^oitem is far too eoni- p-i^o-LeU i»^r iiie a^eiage Liu, on to understand. In a i liUon, tfu*rt* are loopholes which ^nouUl he plugged to prevent abuses tn.U novv exist. But much of the debate about the ilax reiorm (|UCj.iiun h.u heim irns.caa.ng an t aimed more at making pk'uitical gains ilum at prov'iumg pratticai and lair sug gestions for the rcrorm ot cur tax structure, iieioie the* Om- gres acts on tax reiorm legisla tion, it would be wise to study the issue mere thoroughly and more cautiously, out oi ihe Tcc,. of the political arena. In both 1939 and 1971. legis lation revising our lax laws was eiv'icte I by the Congre ss. V\ ui-.e some have charged thi.il llioe two laws favor c''rtK)rations to the* disadvantage of iiulividua);-, the facts do not b(.*ar out tliis e'onte*n- tion. Tlie U. S. 'I'rcxuiiiiy D(‘p:iri- ment officials estimutes show that the combined effect of the l^o\) and 19(1 lax ieiorm laws lues ..e.'e*n as loiluvvs: ljot-u,.i-, uiey vmU have iiiciCii.-- d LoiijOlUve income uixi s brd i-.ljion; - decieused individual iiuome taxes by bii*K-n; l or the four Laiondar years - • decreased extiSe iaxx..-> on auLjnio»...i-es and ten^phones, af- iCLuilg ma^ili.y Ujd*v*i4...v*.J, a> sS-J-o ■uidi. n. J’or the currci-.t calendar year Liey Wui luiV'C dee-roased eel i/orale income ta.ves ..y $0.1 billion; dei.rea>v’.^l iiiaiV4i.iuaI income .axes r>y .^ii.O l)ilUon; decrea. vd exc.se taxes by $J.(j hiilioii. d hi*se statistics eU'monstrale that unde'r the lJb9 airl 1971 tax changes, subsiai...--i-.y aii leauc- ujiis uavL* gone lo individuals. Attention has also be*en focus ed on ilie fact that for the tax year Ihd), 103 pe’r;.^)ns with in- I emu's in exees-s of $JOd,(M)0 paid no income tax. Some have ar gued to.11 lh:s liundiul ol cases shevvs lha, tne s>sii‘iii is un.'-or and ti'iat the rich do not pay tax es. 7T'vvevcr, it should ..e noted that l.‘>,20 laxpayi’T.i in tliis in come category paid an average i-Lheral riLomc lux e.i. $177,000 e'a.’li a teMal of $2.7 hii.ion. in a.ldition, all of the* l::d eases in which no taxes wore paid are un- eti'r study l.y ihe* ioierh.il 10 ve* nuo Service ant fuial settlement has not been mlado. A list of so-c.ilod “I ’opholos” ha.s been cited as a cause of in- 1 lujly of tiio tax burden and los.-. I Rains Bring Mosgnitoes of revenues to the Federal gov ernment. A closer look, however, reveals that many of these “loop holes” are used by the average, i low and middle income citizen to lower his taxes rather than being the e.xclusive prerogative of the riLli. l or example, the interest If you are swattin in home mortgafics is a “loop- sor ^ch ng more this hole” used by millions of Ameri- probably can homeowners. Deduelions mix'd al e.xponscs, children, per- nete pools* i lapply an emulsion or oil solution iMosquito eggs cannot hiatch un- of 1 percent lindane to places less they are in water. Destroying where mosquitoes rest or hide as many of these hatching | near the houses grounds as possible is a first step | These apruj’s are potent a week in mexsquOto control. ! or more after they are appMed. ; , , , * X «' If quick relief is wanted out- and i If standing water contains during picuncs, lawn parties kis summer, its mosquito larvae and the water forth, space spiu.s may because tbeie are so cant ce ciradned, an appix>vea m- jised. Such snriys are on the lor many mosquitces around. It has sccticide may beutp-v-a. ; market in pu'^h-button cans. Or i-.vj.i a gu-..i summer fer these water to be treated foff units and mipt machines are x.lccd-Iiuxgr> 1. ttC i.e Is. | used as dirnknlg water for av^a’.'able wor p»>nlycng fogs ani Thursday, sonal exemptions, and occupa- _ ^ lioiiial a>sts are all avallacile to frequent i uns acrc-s .notst humans or animals, or fur bird-‘twists for ccrtrol. everyone with any kind of tax- Kcrth OaroMnia so far this sea- baths or afiuiriums, a spray cm- If the mesqu toes get :n«-’de the able income. They were deJber- ^ iuive pi vided ideal mesqui- taining one-half percent lindane hou'50. any good h'^ipehoM spray alely wnten into the tax loivvs breedinc conditions, as rain or 2 percent maiallnon may o'rnav be used to kill them. Such boaause they serve legitimate so- njvaier has coMccted and st ignf ■ - used. Or, kercsene or fuel oil full sprav's may con•t^in pyrethrum IciUi or economic nee.s. I'he im- discarded cans, tires and strength may be used. j n'vs p s'/rerglst such as piperon- ipact u: tliCcO deductions is far hundreds c" othc" erntainers 1 rr.. .. ,,1^^ butoxide. 'giealer for taxpayeis in the low \ Tlie acviyo spmys are m\,aily| in any use of an insecticide for ^ ..... -1 1 ... : pur^OSO, i Tlic ac'Mvc spmys are luxuiliy and middle income brackets tlian The oniy wny to have any de- contained in ^ preparations s > '! any purpose, ani particularly a- I for those wiilli nlgii incomes. Any greo of ( 'ntrol, according to for conti*oi of ants, I'ca.lics and round and in the houi^e. label di- ' decision I > eiimiiKilo them should iNo ih Cirolin.i S'tate University mosquitoes. ] met'ons should \ye followed to ■he carefully llioiigat through and entomologists, is to dcsitroy these If you use any rr-o:nmend'^i ' i>»n letter, NOSU speci'adi&ls cau :h . the eflei.ts on our economy anu ; social institutions shoui dbe ton- sideied. I ' I't is cU'Jar that llie su jeet of tax reform is far fr-*!!! simple. 1 We will be iieai'ing a great dca ! of rhetoric in Ihis election year ! about this issue, and many so- j c.iMed "reform” plans vvi.l be o ' ■ • ered. Hopefully, the next Con- > gross can weigh the merits of I .hese various propcrials in a mosiiuilo breeding places. Tiiey insecticide e.xcept full sti*englh tdon. I kercsene cr fuel oil, app’y ab.^' * one ounce ci. spray to each 100 "JUST CAUSE YOU LOOK EWPTY-HEADED DOESNT MMJ; YOU HAVE TO DRIVE THAT WAY" coutions Dexter (XUSt RUSSELL) to the invisible Schuyler (MICHAEL McGItCEVETi* 03 Debb e (JOYCE MENGES) holds oo for takeoff ia Walt Disfll^ Productions' comedy spoof of InvisibUlty. *‘Now You Set Now You Don't." AUo starring are Cesar Romero, Joe J m Backus and William Windom. In color by TechnieoioTj Qt Joe McEveety screenplay wos bosed on an original etory by King Bob Butler directed for executive producer Ron MiUe#» . NTW YOHK—'I>ii*«f’tor.s of Cel- ancse Corporation today declar-' ei a dlviiiond of 59 cents a share terly dividend® of jCerTt second preferrd stock- .All on the common stock, payable share on the preferuxi -stoc. IprelferTed stock dividends #re feclive against adult mosquitoes. Soptomi>er 27, 1972, to sharehold- series A; 75 cents ix*r share oi payable October 1,1972, to '^ad more reasonable at- For example, few mosiiultoes will ers of record September 1, 1972. the convertHTle preference stockholders of record Septeih'.'er 1, mosphere. live to enter your house if you The boaid voted regular quar- and $1.75 per share on tlie 7 per 1972. _ suggest removing un- water tioniaincrs, flatten- square feet of water surflace. If ing tin cans, putting old tires full .strength kerosene or fuel oil where water containers such as jg used, apply it ful strength at fax' barrels, emptying birdbatlis rate of two to four ounces to ■ “ * '■'-—*-‘'o ; e.:eh iOO square fort. rain gutters and dr n'n-r s;.ig-| Outdoor application of recom* mended in 30*:' i cidrs mav Celcr^ese Sets New Dividends la Kimmtinmu'iRM PEOPLE AND MEDICINES SOME LIKE IT HOT! Everybody has a different tolerance to Imat. Some people no matter what the temperature seem to be cool and unruffled. Others start to wilt cit the first sign.s of warm weather. Drugs too react to temperature changes in different ways. With some medicines special storage pre cautions must be taken to insure thaa a sudden change hi temperature does not occur and ef fect the potency of the drug. Part of the professional knowledge and re sponsibility of your pharmacist is to know about the character'stics of the drugs he has in the pharmacy and to see that they arc properly protected. Every prescription that reaches you must be at its fullest strength. YOU OR YOUR DOCTOR CAN PHONE US when you need a delivery. We will deliver uromptly without extra charge. A greet many people rely on us for their health needs. We welcome requests for delivery service ond charge accounts. KINGS MOUNTAINI cnPsro^e DRUG COMPANY HE CITY’S modern STOOE PHONE 739-2571 f Onc KOUK 'inimmiiiiis: TW MOST III DRY CLEAmilQ TREE’ STORAGE AND MOTH PROOFING MON., TUES. & WED. SPECIALSI MEN'S OR LADIES 2 P1ECE 2 SUITS S -LADIES n-PIECE 2 D R E S S E S $1 EVERY DAY SPECIAL Shirts Laundered Crisp- Bright Folded or On Hangers EACH MON., TUES. & WED, "SPECIAL TROUSERS PLAIN SKIRTS OR SWEATERS 3 MIX OR MATCH 1 OPEN EVERY DAY 7:30 TZLL 6 p.m. EXCEPT SUNDAY STORE WIDE V/miES/OfflinY reODS/PlOS (YOUR WINN-DiXiE CPEM til 9 P.M lyisdcy t!;ru SATURDAY) TALMADGE FARMS REAL Country Hum V/HOLE 12 TO 14-LB. SIZE HALVES ! FULL QUARTER CRY-O-VAC HOCK OFF 89t SLICED IFREEZER CUT BEEF SALE! . \yiNli»-DIXIC WIll CUT & WRAP THE CUTS BELOW FREE W-D US. CHOtCE WMOIE... "CUT AND FREEZER WRAPPED FREE* W-U u d. l.nui'-C Tvnwwc... ww I * E-Z CARVE BEEF RIB. . *1" W-D U S CHOICE . .. WHOLE BONELESS ... "CUT AND FREEZER WRAPPED FREE* N.Y. STRIP LOINS q®® WD U S. CHOICE... HALF OR WHOLE RIB EYES - WO U.S. CHOICE BONELESS...(8-0/. SIZE) 10 STEAKS 2*12” COOKOUT buy . BEEF PATTIES WD CUBED VEAL PATTIES W D HANDI PAK GR. BEEF .. $099 BOX ^ - 98' ... $029 PKG. aJ CRACKIN' GOOD... ALL FIAVORS Pl0S • • • 3 1 LUCKY LEAF . .. APPLE OR LEMON Pie Filling ... .3i" ®1 120 TWO PLY BOUNTY ASSORTED OR DECORATOR Pciper Towels 3 --^1 ASTOR... SLICED. CHUNK. CRUSHED Pineapple •. • THRIFTY MAID CREAM OR WHOLE KERNEL Golden Corn •. 5 ^1 PULL TAB ASSORTED FUVORS Chek Drinks 12^. CRACKIN' GOOD DIP CHIPS OR . . Potato Chips . 2 ..o- ^1 PALMETTO FARM ... QUARTERS Margarine ... 5 *1 BROAD BREASTED W D EXTRA LEAN _ __ SLICED BOILED HAM .. *1” WO... EACH SLICE WRAPPED AMERICAN SLICES ... 59* PIMENTO CHEESE .... •- 79' TASTE O' SEA RED PERCH FILLETS 59* W D MEATV FRYER PARTS *' I backs ' BREAST .10'[79' PALMETTO FARM MACARONI OR POTATO SALAD 1 18. CUP 39' THRIFTY MAID . . . LIMIT 1 WITH A $5 ORDER Sugar 5 -- 39* •• GRADE 'A' LARGE PALMETTO FARM gggs . 2 --- 89‘ ALL VEGETABLE SHORTENING 1 « o,d,r 3 ':*** 59^ DIXIE THRIFTY SANDWICH * Bread 4^;;;. 99* BACK^TO^SCHOa NEEDS Biur nuiot FILLER PAPER 88' 3 BOOK PACKAGE . fST 47 VALUE) THEME BOOKS .- 99' SPECIALS W-D PENCILS 29' BLUE HORSE PENCIL ABC TABLETS »» 25' FOUR SUBJECT BLUE HORSE BOOK COMPOSITION 69' BAIIPOINT. fB7< VALUEV BIC PENS ’.-49' T ilOW^^tHE^ TIHl TO’STOCK r JOES . A J: irr >ncAU /FROZIN IHOISTRINO’ » - • i J . V ft aOiMm. O A’r Iupi»88a^io-AII fiavo^u - ICE’CREAM' V^PIHBRANpI'.-. OR'ANOI^FlAtAiFifu/MMf ' ' \ ...1 ‘‘Sherbet TiotioNTurTMiwrt^uAMTi -meat: PIES'" . TRADV MlFOtct FAKTAILSH ON FROZEN FOODS OLD SOUTH...PIACM, ITRAWIIRRY. •lACKBIRRV. OR APPLE COBBLERS . . 89' ' CHIf PlINlI ITRaWbIUY OR PINIAPPLI SHORTCAKE v;; 99' StifplMBRAND ASSORTED POPS . 2 ’.a qo® • "liAlTIST COHIS cream. 3 -. qoo “. '*^ooio kIno ONION RINGS ... 3 ' o. »1°° U.S. No. ) WHITE VALUABLE COUPON RED BAND FLOUR ^ Q LB. BAG ONLY 98' WITH COUPON GOOD WEEK OF JULY 31 THRU AUG. S GOOD AT WINN-DIXIE 15' VALUE No 15668 VALUABU jeOUPOM 4kA GREEN STAMPS HALF GALLON TEXI2E RINSE Fluff VOID AFTER AUG. 5 m wL 3.25-01. TUBE McLCANS REG. OR MINT TOOTHPASTE VOID AFTER AUG. 5 LEMONS ....».49' POTATOES 10 i 69' CALIFORNIA Seedless Grapes. • 39* Green Cabbage • •9* Bantam Corn . 10 ^::i69‘ meat loaf SALItBURT STEAK GRAVY 'N SLICED BEEF ORAW N SLICED TURKEY CHAR-BIOILID BEEF PATTIES FREEZER QUEEN ■ I ..IT. ” e
The Kings Mountain Herald (Kings Mountain, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
Aug. 3, 1972, edition 1
10
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