Northwest Arkansas Times from Fayetteville, Arkansas on May 8, 1974 · Page 25
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Northwest Arkansas Times from Fayetteville, Arkansas · Page 25

Fayetteville, Arkansas
Issue Date:
Wednesday, May 8, 1974
Page 25
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Northwwt Arkantat TIMES, Wed., May 8, 1974 FAVKTTIVILLI. ARKANSAS Washington Roll Call Report How Arkansas Congressmen Voted On Major Legislation WASHINGTON -- Here is how area members of Ihc U n i t e d Stales House o( Represcnlalivcs and (he Senate were recorder! on major roll call voles from April 25 through May ]. HOUSE LIVE FETUS R K S K A R C H -Passed. 281 tor and 58 against, an amendment to ban the use of National Science Foundation resolution. The ban defines a live fetus funds for research on any liveiinstcad as a sense of (he House felus that has been delivered, unless the research is to keep the fetus alive. The ban was attached to an N'SF authorization bill (H.R. 13959) t h a t was later passed and sent to the Seriate. Since the NSF does not fund suet) research, the ban bar! no substantive effect and served Congress May Change Tax Laws Sometime This Year By CAR!, C. CRAFT WASHINGTON' (AP) -- After n 1 Hie talk about tax reform, Congress this year may get around to changing the tax laws. A l t h o u g h revisions in the lax code are expected lo be some- w h a t limited, some of the deadwood may be trimmed from the t a x books mid older folks may gel a break on April 15. The House Ways and Means Committee, the panel which originates tax legislation in Congress, is expecled lo find tough sledding when it comes to rewriting the law on capital gains, estate and gift tax. and the so-called minimum tax, The committee hopes to produce its general tax reform measure within 60 days. Although some tax measures may have to IK? dropped as consideration continues, the panel currently hopes to review laws ranging from property lax lief for the elderly lo lax treatment of political parties and property contributions lo Ihcm. Other items for study include general tax simplification, amortization provisions, various tax shelters, accrued vacu- lion pay, retirement income credit, taxation of single persons and married couples, depl etion allowances for minerals, deduction of expenses for resort homes, business use of the home, expenses for attending conventions outside the United States, and cutting Social Sec u r i t y taxes. M I N I M U M TAX The committee plans to gel into the m i n i m u m tax nn prof' erenlial income, which is a 10- per-cent levy on such things as special treatment of capital gains, and to the associated problems of tax shelters to reduce tax liability. The panel specifically is expected to examine such areas relating to real estate, natural resources, f a r m operations, and investment interest. The minimum tax on tax- preference income, a levy jassed in 1963. is a relatively o\v tax on otherwise sheltered .ncome. Under it. a taxpayer may subtract ordinary taxes paid and $30.000 from this preferential income and then pay a 10-por-cent tax on the rest. Tax shelters involve c: where someone becomes a passive partner, buying an interest, for instance, in some farm operation in order to take adv a n t a g e of provisions really intended for farmers. The shelter is a way of converting income into capital gains, which then are taxed at a lower rate. Some changes may he made in the tax treatment of capital gains -- the profits on the sale or exchange of a capital asset such as stock or a building held mainly for resale. Other areas expected to get attention from the committee: --Singles and married people. In an effort to reduce tax discrimination against singles. Congress changer! the law in as one heart still beats. Supporters argued for putting limits on doctors who conduct research on fetuses that are technically but not literally dead. Rep. Lawrence Hogan (R,Md) said. "We must t a k e every opportunity to stop the attack on the value and dignity of each human being." Opponents argued that fetal r e s e a r c h often provides v a l u a b l e information o n diseases t h a t plague the newly- born. Rep. James Symington (D-Mo) said the ban "may curtail the prospects for better medicine and ... constrain the doctor from his ability to save lives to come." Rep, John Hammerschmid (R-3) voted "yea." Rep. Ray Thornton (D-4) voted "nay.' Reps. Bill Alexander (D-l) and Wilhur Mills (D-2) did not vote U N D E R G R O U N D NUCLEAR TESTING -- Rejected. 190 fo and 107 against, an amendmen to cut 54 million in Atomi Energy Commission funds tha are earmarked for planning subterranean atomic blasts i the Rocky Mountains. The AEG hopes such blast release trapped n a t u r a he bill now goes to the Senate. The amendment to h a l t j Janning for future blasts would' lave left $375.000 in the bill for ivaluating tests already staged. Supporters argued for full 'valuation of past tests before ilanning future blasts. Rep. r r a n k Evans (D-Colo) : a u i t i o n c d against "the lossibility of contamination" of Colorado's limited water sup ply. Rep. Teno Roncalio (D- Vyo) said Congress should not und a program that "remains unsuccessful in virtually all of ts endeavors." Opponents argued that the loney is for planning, not gas. The funds R. 14M4. a $2.2 billion for energy research were part of H bill appropriatin mation on energy supplies, authorizing grater use of coal nd adjusting certain air )0llution control standards. Here arc the 13 areas whore emission devices would have cen required: Phoenix-Tucson -os Angeles. San Francisco, Sacramento Valley, San Diego, San Joaquin Valley, Hartford- S'cwllaven-Springfieltl, National "Japital. Baltimore, New York Philadelphia, Chicago and explosions, and lhat cutting lack the funds would limit the nation's energy options. Rep. Joe Evins (D-Tonn) said "we Tiust develop this technology or the future, in the event it is needed." Alexander. Hammerschmidt Thornton and Mills voted nay." A.'R P O L L U T I O N Rejected. 160 for and 221 against, an amendment to limil requirements for automobile emission control devices to cars sold in 13 selected metropolitan areas. In rejecting the amend ment, the House voled to require such devices nation wide. The amendment was offeree to H.R. 1436B. an energy bil dealing with gathering infor Boston. S u p p o r t e r s argued that emission control devices waste gasoline and should only be required where air pollution i ;erious. Rep. John .larman (D- 3kla) said, "I see no reason... .0 penalize every driver in the country because of the 13 areas ivith air quality problems." Opponents argued that a dual system would be ineffective and would jeopardize the long-tern- goal of air quality. Rep. Pau' Rogers (D-FIa) argued againsl taking "a step backwards" am said. "We have just so much clean air... we know what has been happening" to it, Hammerschmidt, Thornton and Mills voted "yea." Alexander did not vote. SENATE ..NO-FAULT INSURANCE -Passed, 53 for and 4Z against a bill to establish a nationwide uniform system of no-faul insurance. "No-fault" mean that parties need not go to cour .0 collect damages, because nsurance companies will pay Benefits regardless of who :auscd the accident. The bill (S. 3M). however, eaves open the option of going o court when serious damage i r , such as death, lismemberment or loss of more ban 90 days work. The bill gives stales the options of adopting (1) a stale no-fault plan that meets minimum federal guidelines; (2) a state plan that goes beyond the "ederal minimum, or (3) a more-stringent federal no-fault alan. Supporters argued that cutting down- court battles reduce the nationwide costs o! auto insurance by SI billion per year, a savings to be passed on to consumers through lower premiums. O p p o n e n t s argued thai restricting court-access wit result in poor-quality auto mobile insurance. They also said the federal governmen cannot force stales to adop! no-fault insurance plans. C o n s u m e r groups, laboi unions and many large in surance companies lobbied to: the bill. The Administration, thi A m e r i c a n Trial Lawyer; Association and some largi insurance companies lobbiet against it. It now goes to thi House. Sen. John McClellan (D J. voted "nay. 11 Sen. ·"ulbright did not vote. GUTTING NO-FAULT Rejected, 32 for and 61 against, an amendment gulling Ihe compulsory features of the no- fault insurance bill by giving states Ihe oplion of continuing present auto-insurance systems. The amendement would have W. surance bill amendment to giv» motorists the option of insuring their automobile-related health risks through an automobile struck Title designed to states Dlans. III. goad into enacting States that which is reluctant no-fault do not villingly enact one of the first ,wo options reporlcd above would be forced to adopt the third option -- the stringent Tiele III federal plan. In arguing for the amendment. Sen. Jesse Helms (D- N.C.) said the bill is an "unwise invasion of the alives of the states." prerog- Re moving the compulsory features of the bill, he added, would reserve "Ihc right of slates lo experimenl with molor vehicle insurance plans." In arguing against the amendment, Sen. Philip Harl (D-Mich) said that without Title HI "Congress would be e n a c t i n g legislation which insurance policy or a group health policy, whichever is cheaper. The amendment changed language in the no-fault bill that had made automobile insurance t h c primary source for coverage against medical costs that result from an accident. The no-fault bill will require molorists to enroll in aulo insurance plans. In approving the amendment, the Senate voted remove the potential Indication of motorists with jroup health policies also being ·equired to carry aulo insurance for health risks. Persons not enrolled in group jolicies will not be given the option. Supporters argued that the imendment wilt force com- jelilion between aulo insurers iind group health insurers, tlius lowering premiums. Oponents argued lhat the ,i m e n d m e n t discriminates against persons who do not would accomplish nothing and would require no one lo do anything." McClellan voted "yea" and Fulbright did nol vole. D U A L I N S U R A N C E COVERAGE -- Passed, 66 for and 27 against, a no-fault group health insurance. They said lhat the non-motoring public will pay higher group health rales lo subsidize "competitive" rates offered lo lure motorists into group insurance. McClellan voted "nay" Fulbright did not vole. and 1969 in a that, for many married couples, where they both have substantial income, they pay more t a x than they would pay if they were not married and had such income. Critics thus say Ihc law may be offering a hit of encouragement to "live in sin." --Political parties. Various Haring Leads In Chess Tourney Miss Ruth Haring of Fayelte- ville holds a slight lead in the U.S. Women's Chess Championship with at St. Petersburg, Fla., three rounds remaining. Miss Haring held a one-half point lead over the field at the close of seven rounds. A critical seventh round pitted Miss Haring, playing Black, against Giscla Grosser, International Master, who has won the U.S. Women's lille . tax treatment questions arc involved, such as Ihe lax liability of parties generally, and the treatment of gifts of property lhat had increased in value. --Resort Homes. Some lighl- ening is expected on deductions allowed on so-called resort homes and similar property lhat is rented only briefly. -- Business use of the home. Better guidelines may emerge from Ihis study of who is on- lilled lo lake a deduction for some work -connected expenses of maintaining an office at home. ...... Conventions abroad. Expense deductions for business conventions held outside the more frequently than any other person. Mrs. Grosser opened I. P-K4 and the game became a complicated variation of the modern defense with both Bishops fian- chr-ltoed by Black. A draw was agreed upon a f t e r 33 moves, at which time TSIack bad acquired an unclear but modest positional advantage. Miss Haring's game score is 5.5-1.5 (four wins and three draws). In games eight nine- she faces Mrs. Joan Schmidt of North Carolina and Susan Sterngold of Madison, Wis. She is paired as white against Master Mona K a r f f in the tenlh and final round lo be played Sunday. Miss Karff. the highest rated player in th etournament, is currently in second place. Gront Awarded PEA RIDGE -- A grant of S7.500 has bec-n awarded the city of Pea Ridge. Mayor Jack Musteen has been ' notified by the Environ- m e n t a l Protection Agency the f u n d s are earmarked for prep a r a t i o n of facilities plans and studeis preliminary to the start of a waste water treatment works construction project. The grant was announced Tuesday by Congressman John Legal Notices-- sbircFT IN' TliC F lion ATE iv.\s : nvc;TON corstv. IN TT-JE MATFE?. Or ' United Stales, permitting many to get a foreign trip at virtually 10 cost to hemsclvcs, could be altered. SOCIAL SECURITY Meantime, the committee may study a Soeinl Security reform idea centering on reliev- lowor-paid workers of the payroll-tax burden by culling the tax on all earning less than about $20,000 and providing a contribution by (he Treasury. Backers of this plan cile testimony lhat the payroll tax now lakes a bigger bile out of Ihe pay of al least half Ihe nation's workers than does the income tax itself. Among provisions gaining Ihe committee's tentative approval is a plan to revamp the retirement income credit and convert it to a tax credit for the elderly, available to taxpayers aaert at least 65 regardless of whether they have retirement income or earned income. This could give the elderly an additional annual tax break of roiishly S270 million. Presently, under an arrangement so com- nlicated (bat a s u b s t a n t i a l number of people who should get the credit are not taking advantage of it. the credit goes to retired people who do not collect benefits. COURT Of ARKANSAS irS ESTATE *Va p;vyr*-:: P,Lr*. I'*-. SSCO M:M Hoad. Jif.e BO*. D*te of March SI. 1ST; *TJJ? i4nd?rs:,rr.ed N A S an^iini niini.'trator of the e;tat* of the Earned decedent on the 3rd day or May. i'f.;- - A ) l persons l-nr.r.f cli-.iins f.saicsl the litale mufl e x h i b i t them. du!y venf:ed to hf- undcr.-i^rir:! within s:j. rr.orilh; Jrom the date of t'-.e f:rs: PJQ .calif* ·I I-,;.- notice, or they *h!l be lore\ei Tjarre^ £."·'! prrc°Iuded frccn ar,7 besefi' in Ire eslale. ·Tr.:.« notice first p'jb!i5h;d e day cl 7 a ' ' D ?: Rierf A'i.TlLn.s'.ra-.or Co Jan-.ej P.. Ha.e. xt American Ler.or, B Fs e'.teville, Aricar.sis T-TCTl Buffalos Escape PROVIDENCE, R.I. (AP) -Four buffalos escaped from the Roger Williams Park zoo, eluded officials for three hours and disrupted traffic on Interstate 95. One animal died of shock and anolher after being hit by a truck. The other two finally were captured and re turned to the zoo Tuesday. Parks Supt. Ralph J. Hartman said the buffaloes escaped through an opening torn into their enclosure by vandals. fffc 8. IS NOTICE TO PROSPECTIVE BIDDERS -·The City of FayeUeville, Art:fir,tas will alctpl sealed bids u n l l l 10:M A M . May 22. SS71. for CM Iron Soil Pipe ttA a-.wned accesforie.' Bidrtmp forms Md rr.ntract d-jctiments m s y be obtained p L-,» City Manager's (Xf.c-c. C.-y Ad. mifilslnlion 03 West Jioontain W.rce: Tht C'.ty reserves the rifhl to iccer-t or refecl any or all bids art mtv« tormiKties. rjvta^ I- Gnmos ^Lanager ITc t Romney 'Disgusted' SEATTLE (AP) -- Former Cabinet official George Romney says he would not have campaigned for President Nixon in 1972 if he knew then what he knows now about the Watergate affair. Romney, Nixon's secretary of - housing and urban development * until he resigned in late 1972, said in a Seattle interview he is "disheartened and disgusfed at the lack of morality and concern for Irulh and the public interest" shown by Ihe Presidenl the just released House tape transcripts. White The TIMES I* On Top of The News Seven Dayt a Week AND · 5 P E R R Y A N D · 5 P t « R Y isis^:SUITES rsssssu: st^tss: JKSsr,,^ rsKssr^ss: Ju^iss ^siss : stasis ;ii,-,c»,»«N . n*,TM,**TM . »»-,*»,»*,« S P E H R Y A N D · S P E R R Y A N D HWY. 71 S. t HWY 170 Monday Thru Saturday 8-8 Sunday 9-6 .*·*··»········· · ·······»»*»··········*»·«···*»··········· WEST FORK WE ACCEPT USDA FOOD STAMPS WAREHOUSE MARKET WE GIVE DOUBLE GREEN STAMPS EVERY WEDNESDAY · H U T C H I N S O N , FRESH, LEAN GROUND BEEF Lb. 79 WILSON'S CERTIFIED ALL MEAT--12-01. FRANKS Wilsons Whole * · « · * · · · · · S P E R R Y A N D * . HU1CHINSON · FRYERS Wilsons CANNED HAMS Wilsons Smoked PORK LOINS Lb. 37* $099 3-Lb. Can V $129 Lb. *·· · · * * · · · S P E R R Y AND · · KUTCHINSON · FOLGER'S 1-Lb. Can · · · · · · t · · · S P E R R V A N D · · H U T C H I N S D N « COFFEE 99 Wilsons--6 Varieties COLD CUTS Wilsons BRAUNSWEIGER Wilsons Smoked PICNICS MIRACLE WHIP SALAD DRESSING 89 ( · ** · * · · · ! · S P C R R Y AKO 4 · HUTCH.NSON 4 32-Oz. 7 Up - Dr Pepper - Coke - Fanta CANNED DRINKS Mrs. Tuckers SHORTENING Maryland Club INSTANT SWEET CORN S 5 GREEN ONIONS or RADISHES FRESH GREEN CABBAGE RED DELICIOUS APPLES YELLOW ONIONS L b 10c CARROTS iLb sag 10c Ajax Liquid DETERGENT Towntalk Sandwich BREAD Griffins SYRUP 32 Oz. 24-Oz. Loaf , 24-Oz. Jar McCormicks BLACK PEPPER 4-Oz. Can Coleman FRUIT DRINKS , Gallon Jug Cole man Dips and SOUR CREAM 3 Coffeemate COFFEE CREAMER ll-Oz. Jar THESE PRICES ARE GOOD NOW THRU WEDNESDAY, MAY 15 100 FREE SH GREEN STAMPS WITH A $5.00 OR MORE PURCHASE, Excluding Tobaecoo Product* · v . v u i , -r,, J ········*· *·····*·*·*···*·*··· · · ····· · · · · · · · * · · · · · · · · · · · · * · · · · · · * · » · · * * · · · · · · · · · · · ···*·· · * ···»···*······*······*·······**·················+ · * P ( H K V A N O · S P E R P T Y *ND · » P E R R Y A K O · S P I R R Y J » S O · S P E R R Y A N D · S p e R R Y A M D " S P I R R Y AND · S P E R R Y A K O B S P E R R Y A H D · S M R R Y A N D · S t E f t R Y A N D » S - f R R Y A»O · t f E R A V A M D · f t P E M M T A N D * S P I R R Y A N D · · M U K H C N S O N · H U T C H I N S O N · M U T C M I N S O N · H U T C H I N S O N * HLMCHINSON · HUTCHINSON · HUTCHINSON · M U I C M I N S O N .HUTCHISON · HUTCH1NSON . HUTCHINSON · HDTCH1NSON * HUFCHIMSON ·HUTCmHSON HUTCMINSON ·

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