Bryan-College Station Eagle from Bryan, Texas • 3

WS THE EAGLEBryan College Station Texas riday January 27 1978 PageSA Corporate profits tax discussed The state Wyoming and South The subcommittee was Legislature to see how a course a hue and cry Rookie testifies SATURDAY in case ONLY Special buy Reg Save 90 9 797Now Reg Warren Harding 0 500' SERIES Sold new 1 19 823 5483 VUJIVTGC MOMTGOVVER said State District Mace Thurman the defendant a Model 1580 tax the subcommittee was told with Texas will be raised by business interests that a corporate TEXAS AVE AT VILLA MARIA RD taxes A corporate income tax was defeated by the Senate 16 15 in 1971 the last time it came up orty five states plus the District of Columbia sportcoats in classic tweed Dress slacks in solids for men E780 Lilie said the franchise tax is expected to bring in $5154 million over the next two years He estimated a 6 percent income tax would raise $600 million The advantages of a profits tax he said are that it is based on the ability to pay it is simple to administer and it is more difficult to cheat He said however it is not as stable or predictable as a franchise tax and if on the federal tax the state must keep up with frequent changes in the federal tax SELL OUT AST TOf4l 1 Day Sale Save on high security dead bolts Ray Lemmon Regularly 99 Wipes clean with damp cloth Has attractive roll arms and biscuit tufted back Enjoy 3 comfortable positions No rainchecks Limited quantities and sizes 997 NOW MON TUES SAT 10 AM 9 PM WEDTHURSRI 10 AM 7 PM Ray Lemmon has announced his candidacy for Texas Railroad Commissioner unexpired term in the May 6th Democratic Primary Lemmon a former state representative served as chairman of the House Oceanography Coastal and Marine Resources Committees and the Statutory Texas Coastal and Marine Council He is a graduate of the 1995 Single dead bolt 2195 Single dead bolt 2295 Double dead bolt 2495 Double deadbolt By JACK KEEVER AUSTIN Texas (AP) Texas alone among the 13 Sunbelt states does not have a corporate profits tax and tax experts say this makes cozy business climate even co have a corporate profits zier is looked on as the No 1 state in business Washington Nevada expansion at this time said Walt Lilie of the Dakota the only holdouts comptroller office the overall tax structure instructed by the 1977 hasalottodo Lilie and others testified corporate profits tax would Thursday before a House measure up to the 1907 thing Deceit deceit he said Waggoner Carr Yar chief attorney walked to the jury box and said and gen tlemen of the jury Judge Donald Yarbrough waives his argument" Carr returned to his chair and sat down Yarbrough stood with his hands clasped in front of him as the judge read the verdict He blinked a couple of times and wet his lip Carr Judge denied jury trial when he told the jury lie was was nothing left to argue Carr said The defense contends the grand jury which was investigating the alleged forgery would have in dicted Yarbrough on that charge anyway whether or not Yarbrough lied about meeting with Bill Rothkopf last May 16 in an Austin motel room Dtuch Oven 788 Rr 14M I Exerciser 1 88 Ra 1 laws income tax declines in recessionary periods when governments need revenue the Lilie said JP Word of the Texas Association of Taxpayers said per capita income in Texas is up 52 percent in five years and the per capita tax burden is lower in Texas tnan any state except one absence of a state corporate income tax is a significant factor in the profits tax tavnrahlo accnccmpnt nf the economic said Word a former senator who voted profits tax will discourage against the profits tax industrial growth Study seven years ago Subcommittee chairman Hamp Atkinson New Boston read a statement from the Texas AL CIO which said in part: is small doubt that those who look ob jectively at the Texas tax structure will come to the conclusion that the time has come for a corporate HOUSTON (AP) A rookie Houston policeman has testified he saw five former police officers Joe Campos Torres last May and words were followed by the sounds of slaps against the handcuffed prisoner Carless Elliott 23 said he stepped away not to Elliott testified Thurs day in the civil rights trial of four former Houston officers He said he was present along with the defendants and another patrolman when Torres was allegedly beaten and pushed into Buffalo Bayou May 6 The body of Torres 23 was later found floating in a muddy stream near downtown Houston Torres had been arrested following a disturbance in atavern Terry Wayne Denson Stephen Orlando Louis Glenn Kinney and Joseph James Janish are accused of violating civil rights "Denson and Orlando were convicted of negligent homicide a misdemeanor and asseseed one year probated sentences in a state court in Huntsville last October The federal charges alleging violation of civil rights were later filed against the four after a heated outcry from the Hispanic community in Houston Elliott repeated testimony he gave in state court last fall He said the four defendants and of ficer Glenn Lee Brink meyer verbally abused Torres at the Commerce Street jargon for a police hideout Brinkmeyer has pleaded guilty to a separate misdemeanor civil rights charge and is to testify for the government in this trial Elliott said that after Torres was first placed in a police car he cursed but ceased his struggling Save25 Our better 40 gal gas water heater Save 5 15 Wards pressure canner has 16 quart capacity 3488 Reg 4999 WARDS ADVERTISING POLICY If your Wards store should run out of anv advertised items during the sale period or should an item not arrive due to reproduction or transportation problems Wards will offer the item to you at the sale price when it is restocked This does not apply to and "Closeout" sales or "Special where available quantities are necessarily limited to stock available on hand after study has shown that a corporate profits tax is not a decisive factor in new industry locations we urge in stituting a corporate profits tax it does not mean that we believe a personal income tax is a natural Lilie said however that only lorida taxes cor porate profits and not individual incomes Save15 Powr hobby jig taw it easy to use 2488 Reg 3999 AUSTIN StateTreasurer Warren Harding has filed for state wide election to that office in the May 6 Democratic Primary Harding was appointed state treasurer on Oct 5 1977 after serving as Dallas County treasurer for over 25 years He filled a post that became vacant with the death of Jesse James Harding has said his campaign will stress profitable and safe in vestment of Texas tax dollars is blessed with ahealthy economic climate 'and this fact is reflected in the tax dollars that flow into state government Texas taxpayers can sharein this economic wealth 'through strong fiscal responsibility in the state Harding said when he made his formal an nouncement Save70 5 hp tiller has Briggs Stratton engine $259 32995 University of Houston a Marine veteran of World War II and a businessman for 23 years Native lands to be bought for preserves By MILLER BONNER WASHINGTON (AP) Hoping to save the last remaining lands in the Rio Grande Valley from farmers and real estate developers the Department of Interior has asked Congress for more than $1 million to purchase acreage for national wildlife refuges The proposal is part of President 1979 budget sent to Capitol Hill on Monday The budget calls for more than $39 million to be spent for 10510 acres spread over four states Louisiana lorida Oklahoma and Texas The Texas portion of the proposal would establish 20 separate plots of "native brush along the Rio Grande in Cameron Hidalgo and Starr counties at an estimated cost of $12 million Texas Parks and Wildlife Service will probably manage the areas but the details haven't been worked out said Tom Smylie a ish and Wildlife spokesman plan to purchase between 1200 and 1400 acres in Texas at an average cost of about $1000 an acre" Appointed treasurer files for state position Save 20 3 way recliner in vinyl 7988 AUSTIN Texas (AP) This defendant Don Yarbrough's jury engineered the whole must decide today how to punish him for lying to a grand jury about a meeting at which he in structed an associate to forge a car title certificate It took the jury only 13 minutes Thursday to find Yarbrough guilty of aggravated perjury Maximum punishment is 2 10 years in prison and a $5000 fine The defense will ask the jury to grant Yarbrough probation Houston District At torney Carol Vance argued for only 15 minutes Defense attorneys argued not at all claiming they had been denied a jury trial by a decision of the judge submit to you we have proved him guilty not only beyond a reasonable doubt but beyond all anro caid his golden tongue and arrogance Yarbrough went before the grand jury in 'Austin to pull the biggest snow job Vance said 11488 Regularly 13999 No 33335 State may have to pay minorities AUSTIN Texas (AP) Nine state agencies would have to make money payments to women blacks and Mexican Americans who were denied jobs or promotions under a consent decree proposed by the Justice Department Amounts to be paid would be determined on a case by case basis A member of staff emphasized that the proposed consent decree was for discussion purposes only and had not been filed by the justice department with any court The justice department had accused these agencies of job discrimination: Merit System Council Texas Em ployment Commission State Department of Human RpCAIirCaC Qtotrt Uftnltk PT a a a i kjvaic licaiiii ucpai tiucuii ACAdo Rehabilitation Commission State Highway Department subcommittee on business franchise tax State Department of Agriculture Texas Parks and Wildlife Department and Texas Alcoholic Beverage Commission 1 Suspended officers to sue AMARILLO Texas (AP) male Amarillo police officers and two patrolwomen say they will go to federal court to contest 12 day suspensions assessed them for allegedly cohabitating The city public service commission voted Thursday to uphold the suspensions without pay of Sgt Stan Whisenut 32 and Officer Janet Shawgo 23 for allegedly living together Whisenut was also demoted to patrolman The commission had earlier upheld identical suspensions assessed Officer Tommy Lane 33 a dispatcher and Officer Cathy Johnson 22 who were also allegedly cohabitating Amarillo Police Chief Lee Spradlin leveled the suspensions last December after an internal in vestigation allegedly showed the couples were regularly spending the night together Jury to decide Yarbrough fate WARDS PRICING POLICY If an item is not described as a reduction or as a "Special Buy" it is at its regular price A "Special Buy" though not reduced is an outstanding value In this ad some regular prices may vary by geographic area If you nave question concerning any Wards advertisement please call the manager of your nearest Wards store rates banks must pay for state time deposits The move is expected to bring Texas government an additonal $10 million in interest income Harding was born on a farm in Collin County He attended both North Texas University and Southern Methodist University where he majored in government and law He is a Navy veteran and commander of the American Legion Metropolitan Dallas Post 581 Harding and his wife the former Gladys LaVelle Wofford of Van Zandt Since taking office County have three Harding claims to have children and two grand taken action to increase children ormer representative seeks commission job 8935 Save $60 Buy roomy 20 cuft chest freezer now 97Q88 I Reg 33995 Lock Set 388 Reg 478 High Security 388 value packed dress shirt sale Save $40 7988 NOW In dash AMM stereo 8 track combination (Refurbished) Uj A I 1.