The Ottawa Herald from Ottawa, Kansas on March 19, 1963 · Page 20
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The Ottawa Herald from Ottawa, Kansas · Page 20

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Ottawa, Kansas
Issue Date:
Tuesday, March 19, 1963
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Page 20
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i Big Business Has Its Say On Tax Cuts GREAT DECISION IS BEING MADE — Marcia Moore, daughter of Mr. and Mrs. Robert B. Moore, 1111 N. Oak, is in deep study choosing her new Easter Buster Brown, wash 'n wear patents. All are so pretty, she is undecided whether to choose white, yellow or black patent. Mrs. Frank (Nettie) Jones, saleslady at Richardson's Shoe Store (also Mania's grandmother), is helping in her decision. (Herald Photo) Want Big Tax Cut? Come To Andorra By HAROLD K. MILKS ANDORRA (AP)-If you seek a home where there are no labor unions, no practicing lawyers, no income taxes, no airplanes and free domestic postage, come to tiny Andorra. But don't expect to become a citizen. Foreigners seeking a haven from compulsory military service or high taxes can't expect to achieve Andorran nationality simply by marrying one of the country's many attractive dark-eyed girls. "You can't even win Andorran nationality by birth here," says a man whose family traces back to the earliest settlers. "Nor can your sons or daughters become full citizens even though you are married to an Andorran national and the children are born here. "It takes the third generation to make a real Andorran with the right—once he reaches 30 years of age—to vote." Andorra is an independent country over which Spain and France exercise a protective suzerainty. It dates to 1278. In that era the Spanish count of Urgel and his French countess died without issue, willing the creation of the Color John In Reverse OTTAWA (AP)-Canadian liberals are ribbing Prime Minister John Diefenbaker and other campaign rivals with a cartoon coloring book for the voters. Diefenbaker shows up in four drawings. The Conservative leader, whose refusal to stockpile U.S. nuclear warheads for Canadian missiles was a factor in the overthrow of his government, is caricatured with sagging jowls and characteristically curly hair. One drawing shows him riding backward on a hobby horse, a sword uplifted in his right hand. "This is the leader," the caption says. "He is trying to go two ways at once. "Sometimes he tries to go three. "Most of the time he doesn't move at all. "Color him in reverse." The armed forces situation is touched on in a picture of a helmeted airman with a needle- nosed plane in the background. "This is a Canadian fighter pilot. "He flies for NATO. "All the other NATO pilots have planes that fight good. "The Canadian pilot dosen't, "Color him highly embarrassed." There are no remarks, humorous or otherwise, about the Liberal party in the 50,000 copies of the booklet, THE OTTAWA HERALD Q Tuesday, March 19, 1%3 * Andorran nation under control of the French king and the Spanish bishop of Urgel. Citizenship may be difficult, but this tiny principality nestled in the high Pyrenees is one of the world's easiest countries to enter. Once a traveler leaves the Spanish customs and police post outside Sao de Urgel in Spain, nothing stops him except the winding mountainous road into Andorra. A sign at the frontier says "control" but there are neither gates nor officials. Andorra has 191 square miles of territory, contrasted with 62 square miles for Liechtenstein and half a square mile for Monaco. Its population, both citizens and foreign, is 12,000, compared to more than 15,800 in Liechtenstein and more than 20,000 in Monaco. Technically independent, Andorra submits to considerable control, possibly more economic than political, from both France and Spain. The official language is Catalan, tongue of the northeastern section of Spain. Commercial relations with Spain are close. Tobacco is the main money crop. Andorrans grow a black type priced for cigarettes. Cattle and sheep raising comes next, followed by a substantial industry in processing and selling wood lumber, especially to France. An almost duty-free nation—an import tax of one to two per cent is the only levy on either imports or exports—attracts thousands of buyers from both Spain and France. An Andorran company operates eight taxi-buses daily between Andorra and Barcelona. By SAM DAWSON AP Business News Analyst NEW YORK (AP) - Business and finance is now having its day in the tax talkathon. Its ideas are short on popular appeal perhaps but long on conviction. And the proposals go further than the President's in some directions. If asked to name typical spokesmen for business and finance, most Americans doubtless would say the National Association of Manufacturers and the American Bankers Association. And these two are advising Congress how the federal tax structure should be changed. ABA Executive Vice President Dr. Charles E. Walker today is urging the House and Means Com mittee to consider a "cut in corporate income taxes, prefer ably to as low as 42 per cent, but at least to 45 per cent." He believes that over the long run "the resultant upsurge in corporate investment activity, with its consequent rise in income and profits, would generate sufficient Treasury revenues to more than offset the tax cut itself. The President has proposed a cut over two years of the present 52 per cent rate to 47 per cent Labor spokesmen have insisted that even this cut needn't be considered at this time, arguing the big thing is to get more spending money into the pockets of lower income citizens. Dr. Walker holds, on the contrary, that "dollar for dollar the major and most lasting contribution to growth 'stemming incentives to expand and make jobs and for higher income brackets, to free funds that could be used for more investment. Each thinks its idea is the one that would really get the economy growing and spread prosperity to more persons. The President's proposals lie somewhere betwrMn these extremes. And coflgreM may well come up with in idea that differs from all thro. rom tax-rate reform lies in the area of the corporate income tax "The corporate tax is not an mpersonal tax: It falls upon people—the people who work for the corporation, in the form of fewer jobs; the people who own the corporation, in the form of lower dividends; and the people as a whole in the form of a sluggish rate of job-producing investment and a relatively low rate of growth." The bankers' spokesmen also assails "those proposals advanced by the President which would remove two million people from the tax rolls." Dr. Walker thinks even the lowest income brackets should be reminded by a withholding tax on paychecks that government services cost money. The president of NAM, W.P Gullander, also urged the committee to cut the corporate tax to 42 per cent—and thought that figure should be the top rate for individual income levies, too. The NAM view was that the administration tax proposals were aimed at short-term stimulation of the economy, while the real need was long-range economic growth Gullander said the goal should be to "create jobs for the unemployed and for new workers instead of primarily increasing consumption by those now employed." The issue here is joined: Labor spokesmen urge quick cuts, main- i ly in the lower brackets, to get more consumer spending by those paying income taxes. The NAM and the ABA think the cuts should be for corporations, to increase ING. Springtime Is Dress Up Time Boys' Suits By Tom Sawyer and Esskay Size 3 to 12 6.95 Size 13 to 20 17.95 to 14.95 29.95 RICHARDSON'S PRESENTS... orm ® new EMPHASIS CONTOUR BRA Emphasize your assets! Three-section cups are discreetly lined for smooth curves. Between-the-cups "Vyrene" spandex elastic inset gives snug fit and sure separation. White cotton broadcloth, For those who believe in bunnies 1 A, B cups. 2 50 Also available in other Bandeau, Padded, Lace, and Strapless styles... from 2.00 All Cotton Broadcloth, Foam Rubber. Cantor Elastic: Acetate, Cotton, "Vyrent" Spandai (Excluiiva of Dacoration) wr.j»>&? -**''•*&'•«« i*«s<, <„ »»U.w,*»^«L*;*iKW&i*5.<' 1 >* 16 S S. Main Ottawa, Kama* Every Buster Brown shoe is fitted by our exclusive Buster Brown Six-Point Fitting Plan. BUSTER BROWN Shoes for EASTER To them, the Easter Bunny is many things... he means warm days and egg hunts, ducklings and flowers and all the joys of spring. And if they're lucky he also means new spring shoes. Remember when you got your sparkling new Buster Brown Easter shoes? How you were proud of the dressed up look they gave you? How you couldn't wait to run out and play in them ? You coddled 'em like they were your best new friend ... and they were! As a Buster Brown dealer we take great pride in continuing to give you the best. We think our slogan sums it up very well: Children's shoes, our business ... children's feet, our responsibility. Let us help you make your child's Easter a happy one. See Our Large Collection of Wash'N Wear Patents... County -• at. f| RICHARDSON'S SHOE STORE 212 S. Main

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