Titonka Topic from Titonka, Iowa on May 1, 1975 · Page 4
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Titonka Topic from Titonka, Iowa · Page 4

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Titonka, Iowa
Issue Date:
Thursday, May 1, 1975
Page:
Page 4
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THE XTTOimA TOPIC Official Newspaper of Tttonka, Iowa 50480 PHILIP J. JAREN, Publisher Second Class Postage Paid At Titonka, Iowa Published Each Thursday SUBSCRIPTION RATES. PAYABLE IN ADVANCE Kossuth and Surrounding Iowa Counties, $4.00 per year All Other United States Addresses, $5.00 per year All subscriptions going to points within the county and Titonka trade territory are considered continuing yearly subscriptions to be discontinued only upon notice from subscribers or at the publisher's discretion. MEMBER PER Aiioelatlon - Foundtd 1885 SCHOOL I* LUNCH MENU!) For week of May 5 MONDAY: Beef burgers, French fries, relis'i tray, white cake with strawberry topping, milk. TUESDAY: Ham loaf, masli- ed potatoes and butter, carrot and celery sticks, bread and butter, apple sauce, milk. WEDNESDAY: Pi.'/a casserole, cabbage salad, school made bun and butter, pear sauce, milk. THURSDAY: Submarine sandwich, French fries, buttered corn, peach crisp, milk. FRIDAY: Lasaj,na, lettuce salad, bread and butter, cranberry sauce, cocoiuit bar, milk. THE TITONKA TOPIC May 1, 1975 4 — TAX CUT ENACTED BY SENATOR DICK CLARK The first of the tax rebate checks—part of the recently enacted tax-cut bill-- will be mailed to taxpayers in micl- May, according to the Internal Revenue Service, and the entire process is expected to take six weeks, Taxpayers wlu' have not yet received their income tax refund for this year will probably receive both tho refund and the rebate in the same check, Persons who have already received their refund, or who were not scheduled to get a refund, will receive a separate rebate check. The $22. 8 billion tax cut bill containing the rebate along with a tax cut for next year and eliminating the depletion allowance for large oil firms, is a significant step in rejuvenating the economy by boosting the purchasing power of both individuals and corporations. The immediate cff,".:t will be an additional $10 billion in the cconomy--$S billion from the rebates and $2 billion from a one-time $50 payment to all Social Security and railroad retirement recipients and blind, disabled and elderly persons covered by Supplemental Security Income. In addition, income tax withholding rates will be reduced in May, in anticipation of next year's cut, providing additional immediate stimulus to the economy. The rebate will amount to ten percent of the taxpayer's 1974 tax bill— up to a maximum of $200 on income of $12, 500 for a single person, $15,000 for a childless couple, and $17, 500 for a family with two children. It tapers off at incomes above $25,000. A special home buyers tax credit was also included to improve the depressed housing market. The credit— 5la of the purchase price up to $2000, applies to homes presently under construction that are sold this year, or homes that are built by March 25 and are awaiting their first buyer. Cooperation between Congress and the President helped develop this vital legislation. Obviously, the bill will produce a deficit, but without tliis economic stimulus, we would face even larger budget deficits in the future because of lost tax revenue. No doubt Congress and the administration will be forced to be much more cost-conscious with other programs, providing us with a unique opportunity for trimming the legendary waste and inefficiency from the military budget. DRIVE SAFELY! Titonka News Friday afternoon callers in the home of Mr. and Mrs. Menno Fuls in honor of Martha's birthday were Galena Zwiefel, Vivian Wubben, Dorothy Van Hove, Wyona Harms, Ellen Loeschen, Hazel Willis, Julie Stecker, Recca Hipp, Ella Fisher and Virgie Trenary. Mr. and Mrs. Jerry Boekelman, Mr. and Mrs. Reg Schutjer and Mr. and Mrs. Roger Evans and family of Buffalo Center were Sunday afternoon and suppjr guests in the home of Mr. and Mrs. David Bcekel- man at Lakota. The occasion was in honor of David 1 ? birthday. Mrs. Em CalUes and Mrs. Pearlc Ricklefs returned home on Monday evening from Illinois where Em visited in the home of her daughter and family, Mr. and Mrs. Robert Stevens, and Pearle visited in the home of her son, Mr. and Mrs. Raymond Ricklefs. SERVPRO SERVICES NATIONWIDE A Complete Home Cleaning Service Steam — Shoiccase — Shampoo * Corpels * Furnture * Walls + Floors Insurance Specialist! 9 Deodorizing • Smoke, Watsr Lorry Merk Algona, la. 5051 1 295-5567 Free Estimate Ask About On location Drapery Cleaning BLAKE FUNERAL HOME PHONE 928-2735 TTTONKA, IOWA. GET THE MOST FOR YOUR MONEY DURING OUR. . . I ! Marigold Sour Cream 8 oz. cartonJ/ Mrs. Clark's Salad Dressing 32 oz. jar Wonder Suzie Q's 8 in pkg. 1890 Milani DRESSING Russian - French - 1000 Island 8 oz. jar L\\ Karo Light or Dark Syrup 49* Pint '&. Betty Crocker Bisquick 40 oz. box VrV 99$ Kraft Barbecue Sauce Libby's Tomato Juice Windex Glass Cleaner with spray 12 oz. 49$ 46 oz. can Butt'r Topp Cottage Bread L loaves Soil and Stain Remover Spray'n Wash 16 oz. aerosol can Miracle White 26 oz. box Butt'r Topp Big Value Powdered Bleach 89 C Bread We reserve the right to limit quantities Special Prices Good Thursday, Friday and Saturday at EARLS MARKET Phone 928-2133 A CARDINAL FOOD STORE Titonk*, low*

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