' 1, •• James Deese ...Happy the way It la Shirley Escribano ...Reserved comment J Andrew Gray .. Basically okay fJpuuons Cm The Street Local Litizens Air Their Views On: “Should Tax Laws Be Simplified?” The only things in life that are for certain, the saying goes, are death and taxes. There has been talk at tax reform or tax simplification over the years; but more recently, the idea that the country’s income tax system needs to be changed has drawn greater attention and re calved increased support from members of Congress and even the President himnself. In his recent State of the Union Address, President Reagan referred to a tax simplification plan which he endorses and challenged the Con gress to seriously tackle the inequi ties built into the present income tax structure. • : Black Press Continued From Page 1A found in every state except North Dakota, South Dakota, Idaho and “ Wyoming, says the professor, a former editor of the Washington Afro-American and assistant editor of the Kansas City Cali,both Black papers. Some cities have a number of competing Black papers, basical ly trying to appeal to the same target population. In Chicago, Tin ney says, there are a docan, six in St. Louis, six in Washington and three in Kansas City. Tinney notes that finding the more than 320 Black papers took quite a bit of “digging” on his part and that he was assisted by student research era. He admits that it is difflcuf to verify circulation of the papers since only about one-sixth are audited, adding that a “conservative esti million to 7.5 Indian. The industry estimates more than 4.5 million. He has found papers that aren’t listed in the major industry publica tion, Editor A Publisher Yearbook. For example, the 1284 edition lists only one Black paper in Buffalo - me jDuiiuio v^nauenger. iinney nas identified two others: the Buffalo Criterion and the Buffalo Fine Print. In Washington, he also found two more - The Washington Sun and D.C. Talk-ln addition to the four that are listed. Often the papers not included in the E*P Yearbook are foubd in “mom and pop” stores in the Black community, he emphasizes. And many are giveaways or controlled drcuMtion papers that generally depend on local advertising. Moat Black papers are week lies and many are family owned and operated. There are only three dalljha -The Chicago Daily Defen der, Atlanta Daily World and the Nfef York Daily Challenge. There are about 12 "semi-week lies,” published twice a week. And there’s a monthly “maga paper,” The National Leader, combining the characteristics of both a newspaper and magazine. The peper started in 1982 as a, weekly tabloid, says Ttnney, who served as Ms religion editor. Job HmShg SUb Competition Is stiff for the good John. Get a Jump on the competition with the Job-Seeking Skills class offered at Central Piedmont Com munity College. You’ll learn where and how to look for a Job, how to act on an interview, how to sell yourself to employers, and much more. Classes begin Monday, February 11,8:90-10:28am. TultufeoBill. Post reporter Audrey Lodato asked area residents their thoughts about the present tax system and the need for tax reform. Should taxes be . simplified? Do changes need to be made? Here is what they had to tay on the subject. •ANDREW GRAY, an accountant whose office is located on Beatties Ford Road, expressed the opinion that the present system is a good one. “Basically, it's okay the way it is," Gray replied. “Changes could hurt a lot of people.” Some possible ways people could suffer, be noted, might include a drop in charitable contributions if that were not de ductible; or the loss of the home mortgage interest deduction would hurt home buyers. He thought that tax reform “may help poor people and the rich, but it might hurt the middle class.” Overall, Gray is not in favor of tax reform. • HURLEY E8CR1BANO. of Duns too Court, is an Equal Opportunity Specialist for the Federal govern ment. Ms. Escribano hesitated to give her opinion, because of her work. In reply to the question about the need for tax change, she com mented, “I wouldn’t say overhauled, I’d say changed.” She added, “I’d better reserve.comment.” • JAMES DEESE. a City worker for the sanitation department, resides on Reid Avenue with his wife, Ossie Lee, and children, Rosalie, Carla, Doris, and Johnny. Deese thinks the present tax system is fine. “I’m happy with it as it is,” he remarked. He believes it to be fair, and added, • MARGARET B. CRANKE, of Vancouver Lane in Gastonia, ope rates a convenience store. After thinking about the question of wfae l - ' ' - ' ther or not taxes need to be simpli fied, she responded, “It depends. Some taxpayers don’t understand the present tax system.’’ Ms. Cranke would consider the Presi dent’s proposed plan. “It has some merits,” she continued. “We must look at the pros and cons. Some people’s taxes may go up, but you have to look at the whole picture, at what gets taken in and what is leveled.” • BOBBY CRANKE. of Ragan Drive, listened to what his mother had to say, and then added his opinion. “The present system should be simplified,” he declared. “Now taxes are in the interest of big business. It's hard to understand how the little person can make it.” • WALTER HUNTER is a retired high school football coach living on Isaac Drive. Mr. Hunter is definite ly in favor of tax reform. “I certainly think it could use some changes,” he began, noting that as a retired person, his disability bene fits are being taxed. He’d like to see Congress take a close look at cuts in Social Security. With regard to other aspects of taxation, Hunter commented, “Some of the largest companies do not pay taxes. This needs to be scrutinized very care fully* Perhaps there’s enough loose fat hanging out there that we could eliminate some of the debt.” He continued, “We need a more simpli fied tax system, but I don’t think you could have a flat tax and still give tax credits in areas where they should go.” He thinks that those with meagre incomes would then pay too much.^ioapttties should be closed. The tax system has worked well but in the past few years, the burden has shifted to middle class and lower income persons,” he concluded. Donftjust at there, waiting for Uncle Sam to bite next April 15. Start fighting back now with our Investor Option IRAs. ... ■■ i in’ iaxe your choice of ways to put muscle in your money. Maybe with a higher-yield, fixed-rate IRA. Or maybe you want to shift gears into stocks, bonds, or a combination of investments. Whatever you want to do, come in and left talk over your IRA situation.The sooner you do,the sooner you can start biting back. 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