Logansport Pharos-Tribune from Logansport, Indiana on November 18, 1957 · Page 24
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Logansport Pharos-Tribune from Logansport, Indiana · Page 24

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Logansport, Indiana
Issue Date:
Monday, November 18, 1957
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Page 24
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Ten Logansport, Indiana, Pharos-Tribune Blowing Whistle On Tax Evaders Pays Well WASHINGTON (UP) — Once upon a time there was a wicked businessman. He cheated on his income taxes and underpaid his aged bookkeeper. One day the Internal Revenue Service received a very interesting letter. The wicked businessman had to cough up $200,000 in back taxes, fines and interest. The aged bookkeeper collected a $10,000 reward and lived happily ever after. The moral to this fable is: Better pay those taxes or somebody will turn you in. The Internal Revenue Service pays out about $500,000 each year in rewards to secret informers who blow the whistle on tax evaders. During the past fiscal year, rewards averaging $830 each were paid to 624 tipsters. Section 7623 oE the tax code gives the Internal Revenue Commissioner broad. discretionary power to pay rewards to any person who supplies information which aids in "bringing to trial and punishment persons guilty of violating l.he Internal Revenue laws. . ." Many Get Little Regulations restrict rewards to a maximum of 10 per cent of the sum actually recovered from the tax evader. This maximum is rarely paid. The usual reward is about 5 per cent of the total amount o£ back taxes and penalties collected as the result of a tip. Informers who supply detailed evidence of tax frauds get the maximum reward. Those who contribute vague leads get token payments as low as $100. Largest reward ever paid was $76,000 to an accountant who pre- sented Internal Revenue agents with enough documentary evidence to make an open-and-shut case aganst a .business firm that had underpaid its taxes by more than $1,000,000. Disgruntled employes and former employes are a prime source of tips, So are disgruntled wives and ex-wives, envious neighbors, business competitors, and private detectives. The number of people *ho actually collect rewards constitutes only a tiny percentage of the total number of tax tipsters. The vast majority of informers—above 90 per cent in an average year— never file the formal application which is necessary to qualify for a •cash reward. Anxious For Reward "Some of them are motivated by relatively pure patriotic principles," a veteran Internal Revenue officer said. "Others are seeking revenge. Quite a few share the sentiments of the man who told us, 'If I have to pay my taxes, I want everybody else p ing theirs too.' " Many people who apply for rewards don't get them. Internal Revenue turned down 3,314 applications in the past fiscal year — about 85 per cent of those filed — on grounds that the tipsters had Culver Mrs. N, M. Serugg is serving as assistant librarian at the Culver public library during the absence of the regular librarian, Mrs. George Williams, who is spending a few months in California. provided no information of realj Mrs. Harry Baker entertained value. - in her home Tuesday evening fori "Some folks are so anxious to collect rewards' that they report the vaguest of suspicions," an official said. "One fellow simply copied the names ' of wealthy people out of a telephone book." While they regard informers as a useful adjunct to law enforcement, Internal Revenue agents privately feel the same way you. do toward tattle-tales. .Their favorite story is about the informer who collected a $35,000 reward for turning in his employer, and neglected to report this windfall on his own income- tax return. Ype, they nabbed him. the members of the Ace of Clubs, i Mrs. Verl McFeeley won a prize in pinochle. Miss Suzanne Sterling and Robert Arthur .Bauman were married Nov. 9 in the CMA chapel. The Golden Rule class of the EUB church held a potluck supper Thursday evening at the home of Mrs. Floyd Deek in South Bend. The Men's Group of EUB church met Monday evening at the church, 20 attended. The American Legion potluck supper was held Friday evening, Nov. 15, at the Legion Home. Hostesses were Mr. and Mrs. Russell Flora, Mr. and Mrs. Ford Overmeyer, Mr. and Mrs. Martin We_. .,. . , . bel,. and Mr. end Mrs. Ora Reed. Read the Classified AdS Rev. Kendell Sands, pastor of Culver Methodist church, attendee' the National Methodist Conference on Christian Education last week Seventh anniversary meeting o' the McKinkuckee Junior Woman': club was held Monday evening a' the home of Mrs. Ronald Mackej with 30 members and 1 six guestr present. Mr. and Mrs. Walter White route 2, Culver, announce the engagement of their daughter, Betty Jane, to James Klepinger, of Utica, Mich. Wedding date has not been set. Mabel Marie Moore and John Robert Dairs of Burr Oak were recently married. Mr. and Mrs. Verl McFeeley announce the engagement of their daughter, Judith Ann, to Donald A. Cultice, son of Mr. and Mrs. C. L. Cultice. - Wedding has not been set. Richard Snyder was operated on for appendicitis Thursday at the Rochester Hospital. He is recuperating nicely. Mrs. Errol Cutler left to spend Monday Evening, November 18, 19ST. he winter in St. Petersburg, Fla. Ir. Cutler is already there. Mr. and Mrs. Jesse Keen are the -arents of a son born Nov. G at the 'tarke Memorial Hospital, of 'Cnox. Mr. and Mrs. Karel Pesck of Culver are the parents of a sor •orn Nov. 6 at Parkview Hospital. "Mymouth. Mrs. Elnora Smith returner iome after spending several weeks- 'n Illinois. Mr. and Mrs. Jesse Z.:chicl accompanied Mr. and Mrs. Clifford Loser of Warsaw on a notor trip through the eastern states. Mrs. Nellie Baker returned home after spending several days in Centerville, Mich. The Stickery club met with Mrs. Clyde Morlan on Thursday. Mr. and Mrs. Harold Robinson and daughter were in Kokomo Sunday. Mr. and Mrs. George Byrd of South Bend spent Wednesday with E. 0. Byrd. , Rangers Score Two Wins Over Montreal By UNITED PRESS Although (ha embattled New ifork Rangers scored back-to-back ,'ictories over the Montreal Cana- 'iens in their weekend series to •egain first place in the N'ational Jockey League, coach Phil Wai;on admits "we'll be lucky lo get n the playoffs." The Rangers, backed up by the brilliant netmindins of ~\l a r c e 1 Paille, rolled to a 4-2 victory over Jie Canadiens at Montreal Saturday night and then beat the defending Stanley Cup champions by the same score Sunday night at New York. The Chicago Black Hawks tied Boston for third place by edging the Detroit Red Wings. 3 2. on de- fenseman Elmer Vaskc's first goal of the season, while the Bruins rallied to gain a 2-2 deadlock with the Toronto Maple Leafs in other Sunday night contests. J^*>i ¥% Reduced to • 96" x 48" table with folding steel legs • Can be used for picnics, luncheons or two card tables • Complete with four paddles, net and clamps, two balls, rule book and plastic accessory holder 3.00 Down 1.25 a Week Ttre$toii* Store* 3rd and Eel River Phone *£* I 1 I A GIFT FOR HOME IS ALWAYS WELCOME LINOLEUM $4.98 In 25 Assorted Patterns and Colors ARNEY'S FURNITURE 228 E. Market J£fJ I GRAND IDEAS for GRAND GIVING , FOR S'URE-TO-BE-WBLCOME GIFTS FOR .EVERYONE PROM INFANTS TO SENIOR CITIZENS, DEPEND ON THE GIFT-SPOTTER This hondy popular Gift Directory quickly tells you the What-And-Where of Good Gift-Picking. FINE ITEMS EVERY TIME! GIFTS FOR DAD GIFTS FOR MOTHER GIFTS FOR BROTHER GIFTS FOR SISTER FOR THAT SPECIAL MAN OH YOUR GlfT LIST AWN'S SUPPERS 407 East Broadway Phone 4637 Join Our Christmas Club lor 1958 Treat yourself arid your family to a prepaid Christmas next year. Small Weekly Deposits Will Do It JOIN NEXT PAYDAY THE FARMERS & MERCHANTS STATE BANK SANTA'S SPECIAL "IMPERIAL" AUTOMATIC Reg. 12.95 REDUCED TO 9 95 e High polish riwwiw ftnhfa • Color selector JOIN THI- SAFE DRIVER LEAGUE B.FGoodrLh B.EGoodrich BUY NOW FOR CHRISTMAS CARD TABLES AND MATCHING CHAIRS A small deposit will hold any item 'til Christmas.— A variety of styles and colors to choose from. Card Tables are priced $5.50 to $13.95 Matching chairs priced $2-98 to $7.95 •ach 320 Broadway Phone 4287 DOOR MIRRORS 9 SIZES 9 PRICES FREE: With each door Mirror purchased, a Miniature door and mirror will be given for wrapping. Measures 3"x7" and'can be gift wrapped. The door mirror will be installed by us after Christmas at no extra charge.. See our beautiful mirrors and miniatures at our store at 1428 Michigan Ave. Order that mirror now and pick up your miniature Door and Mirror I BET-R-WAY GLASS PROD., INC. 1428 Michigan Ave, Phone 2456 New Orthophonic Hi-Fi Victrold 4 speed record changer, 3 speaker system, 4 finishes BARNEH BARGAIN BARN 416 South Third Phone 2821 Choose "His" Favorite Brand From Our Finest Selection Order Now REGAL LIQUOR STORE 408 4th St. Ph. 2954 For That Special Someone On Your Gift List CLOCK RADIOS A Christmas Special-Kreslone Models • Pink and white • Appliance Outlet • Buili-in Antenna ^*1T 77 • Telechron Clock Timer • l| I / i i • Wakes You to Music *?*§••§ KRESGES 422 Broadway Logansport, Ind. For That Man On Your Gift List Reg. Value $59.95. ELECTRIC SAW *48 .88 Cutting Angle adjusts from 90 deg. to 45 deg., Ripping Guide from V4" to 8". Low down payment. $1.25 per week. GOODYEAR SERVICE Sixth and Broadway Phone 2917 GET HER THE BEST! She'll Jump With Joy With A New '58 FRIGIDAIRE WASHER for CLEANEST CLOTHES for LINT REMOVAL for DRIEST SPIN tf U.S. T.itlnf C*., Inc., larg.it, nott dlvwlfi.d lnd.p.nd.nl l.illnl organlialn» »f It bind In th. world. In t.iti of fix Lading ' automatic waih.n und.r controll.d laboratory condition, ai ».rl(l.d by r.porl. X29123 and »29I23-A, dol.d Moy 2 and May 10, 19J7. See A "Live" Demonstration Today JACKSON-KITCHa 510 High St. Phone SOU

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