Northwest Arkansas Times from Fayetteville, Arkansas on January 23, 1952 · Page 6
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Northwest Arkansas Times from Fayetteville, Arkansas · Page 6

Fayetteville, Arkansas
Issue Date:
Wednesday, January 23, 1952
Page 6
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4- NMTHWfST ARKANSAS TIMES, Faycttovlllc, ArdantOT,, January 23, 1952 ^Increased Taxes Felt When Reports On Income Made Out FLOOD PRESSURE MAKES LOS ANGELES MANHOLE SPOUT '-.fls; -ft: v By JAMKS MAItLOW Washington-iyi'i'-Somc people, making oul their lux return un ;; ^1951 income, arc realizing how n '"' the tax has rrcpl up and socked . them. Slit Tako. n single mall who tins been making $3,00(1 steadily for years . ..lie finds the t a x - o n his 1051 in. come.wiis 17 per ecu! higher than · on 1050 Income and 22 per Lent more than on IMO income. And the lax on hi* 1052 income will be 33 pel cent greater than flic tax on his IBM income. The lux varies by- individuals 'and income. I'm- example: Tnke · · n single man who hits been making '-" $15,000 Btcndlly for years. The lax - In )ds,li)(il Income VMS 12.5 per rcnl more than on 11)50 Income nnri 10.3 per, r e n t - m o r e than on 1949 income. And the tax on ld.« 11)52 income will bo 27.3 per cent nliovc that on his I94II Income. Two Raises Mere is how \vo got Into this fix. After the war--taxes reached their' peak In 1044 and 104D-- Congress cut (axes twice. But in ;£ ; tlic past IB months it has raised " " them twice. · Tiic first cut WHK on 11)40 and . ]047 income. Then Congress cut , still further on 1D48 and J U 4 I I income to the lowest postwar point. ... But in Ihe fall of 11)50,. after · Korea, Congress uppcd the tux and "then, In the fall of 1051, boosted il again. .. , fiio lax Increase in late IBM * ' applied lo Ihe last three months nC " ·;' J850. Bo Ihe tax you paid In 1051, on 1050 income, was higher than Hie tax you paid in '11100 on 1041) ; income.' . ... .The increase approved in 1950, ..(,. while affecting only three monllis .-. · .of your 1040 .income, was to lake -· -full effect In 11)51, covering your · Incomi for all 12 months" of Iflsi. ·· Bui when Congress stepped In · again in the fall of 1051 with "- still another increase, it said the · ·- new higher lax would apply lo Ihe .. · last two months of 1951 income ····- an.rl all 12 monlhs of 1052 Income. . · ; So you can ccc how the lax you pay now In 1952 on 1951 in'.. come has shot up above the tax i you paid In 1951 on 1050 income. " And In 1953, when you pay your lux on 1952 income, II will be even · higher than the tax you're paying in 1052 on 1051 Income. Example* Cited .Before looking alsome examples of lidw taxes have gone up, remember there's n . difference between the percentage of your income tnken by taxes and (ho-percentage of increase In the tax itself, Takc v Jonc3, Single man. No dependents. Income, $3,000. He claims only one exemption, his own. And lie takes Ihe usual deductions. He's been making 53,000 from Ihe beginning of lj)4a..when taxes were at their ' after, t h e war. . . . . . . ..'.': In 1950 on 1940 incorfto" bo :pald :Ss6fj,y'Which meant, the' tax, look 11.8 per cent of his Income. In 1051 on 1950 income ho paid $373, jMiich was' 12,'t .per cent of his Income. Si the amount of his in, ; cb'mo paid out .in. taxes went. up '" only 0.8 .percentage points. Sub!?... tract the 11.8 per cent in 11)50 ·"'from'tho 12.4 per cent In 1P51. Hut BETTER PLUMBING FOR BETTER HOMES ' rtort at C and D Plumbing Co. Fr«« Estimates 191 W MounUte Phon« llll --the increase In his lax was $17... which was an increase'of A per cent over what he paid in JU5U. In 11152 on 1051 Income tic pays $·135, which Is M.5 per cent of hi:i, income, an increase of 2,1 per- cenlagi- points in the nmounl of his income taltcn by taxc.r-, H u t ' --lie's paying $i- more than in ; 1(151, which is a per cent \ boost in hi. 1 ; tax over last year, I In IU53 on J052 Income he'll i pay IF'17-I, iviiich Is 15.B per c e n t ! of his income going in taxes, an · Inciease of 1.3 percentage points | over thi.-; year. But--Ihe increase ' over this year is $3!), a boosl of 8,r per cent.' Now compare the tat he'll pay In I95II on 11152 income with Ihe low tax he paid in )D50 on 1!HO income. In 1053 he'll pay $-174 on Ids 1U52 Income, which will be 15.11 per cenl of his income. This is a difference of only four percentage points over the amount of his income taken by tax in 1051) on 104I) Income when he paid $35(i, which was ll.f) per cent of his income. But--in I05:i he'll be paying $1111 more m taxes on his 1052 Income Ihan he did in 1115(1 on 11)10 Income, which means an Increase of 33 per cent In ids tax. Tall Declares Farmers Should Handle Controls Monroe, Wlii.-M'J-Scnalor Tnfl (Il-Ohlo) wound up Ids two-day presidential campaign tour of Wisconsin lasl night w i l h a 'proposal .that farmers themselves handle farm production controls when . such controls are needed. . The government's job, he said, primarily should be lo offer advice and assistance. "At limes a rensonnblc price support will require production controls, although certainly they should. be avoided, except in serious''emergencies," Tnft said.. "If we have any controls, however, they ought to be exercised a." fur as possible by the fariii- er.H of each community." James McGhee Heads Agricultural Council James McGhec, University j u n - ior from .I'lggolt, has. been named chairman of the Arkansas Intcr- Colleglalc Agricullural Council, organized at a meeting of student and faculty delegations at Little Hock January 12. Four slate colleges nnd the University were represented at the meeting. Also named lo office in the new organization was Charles Illcbnan of Hlndsvftle.-'n 'University senior, lie will head the lh{- Mock 1 .'· Judfflhgj colitesf : . i'chcd uled for. April ,2lT' " · _ · ; - · " West Fork Missionary Council Holds Meeting West Pork-(Spcclal)-Thc Women's Missionary Council of the Assembly of Cod Church met Tuesday night nt .Ihe home of Mrs. Nellie Canlrol! with 14 members and three guests present. Mrs. Dora Sehultz, thd president, opened the meeting and Mrs. Cantrell read the minutes of the previous meeting. The devolionals were given by the Hev. Pauline Slccle. Following the business meeting Ihogroup.began Ihp.'ntudy.qt/'Nilc Mother," the biography of 'Lillian Trashcr, head uf an orphanage in Egypt. The council is supporting nn orphan nt thc-'tfi)mo. Tiic next meeting will be February 12 al Ihe home of Miss Vcrn Coulter. WITH DEATH TOIL mounting In southern California's relentless rains, sewers are so overloaded they Are tincklnfj up with force. This manhoio at 4th and Flower streets in downtown Los Angeles gushes like A tcyucr under pressure of baching up water. Destruction U worst since 1038. (International Sountlpliotof Opposes Raising Church Money By Lotteries Los An/!eles-(/l')-Bishop Francis F.ric Bloy says rhuirhp.s in liic Los An/:e!cs Episcopal . diocese hould not niise money by raffle.*: or panics of chance. Jle also said ills annual address last night t h a t no c h u r c h ' should accept money from outride source:; which Is "raised cither from horse race Irficlc charily days or from lotteries or gained by chance." Elkins The K l k l n s P.T.A. met Monday, January 21, The grade school gnvc a program of "Now Methods in Crude School Teaching." The room prices were wrin by the second mid sixth grades. About (JO members were present. Refreshments-were served after the meeting* Six new pupils have wrolled in school this Homester. They are: Jack, Wade and Wanda Blevin.n, of Young, Ariz.; Philip and Calvin Jones of Wfnnluw, and Jane King of lingers. Mr. and Mrs, Dolph King and family of Itogers. have moved to the home of H. E, King. Weekend guests in the home of Mr. nnd Mrs. Hal Ferris were Mr. nml Mrs D«vis C. Spears, .ir.. of Fort Smith, and Mr. and Mrs. Max King of MeAlcster, Okla. , ..-With-.- the .S5 demotion to the March of Dimes by tho Women's Club "Ihu Jociil total, is now $55. .Mr. nnci Mrs. Houdabush and children havft moved lo West Fork. Paul Liiguo, senior, - and Palsy West, sophomore, have been honored by bring chosen "students of the week." The honor roll /or the past six weeks is as follows: l^lli--Hutli Hoatright. Natalie Rowley, Jerry Patrick, J o n n n Cole, Frieda King, Uobortu Reed, Hose Bell, Mnry Davis, and Trophn Fields, l l t h -Beth IJualright, Marilyn Led ford. Sue Heed, Virgin in Nolson, and Wanda Tumlinson. lOlh--Dnlenc Scjauf, .7audio Gregg, Jo Jones, Mary Heed, Honald Kidd, Winifred Hngi-rs, pjitsy West, Toggy McCormick, and Merrill Taylor. N i n t h -- IJarbara Orave.s Carolyn Sullivan, Doris l.nng, Nellie King, Pnts.v Vaught, Pat- JJarron, Peggy West, Shirley Collins, and Thelnvi .'mirs. One of the \\(irld-'s '· ' ritgccHes was H-Pelee in "' BRAND O10 S U N N Y I R O O K C O M P A N Y , L O U I S V I L L E , K E N T U C K Y Buckner r. T. YnrbciTy, father o/ Mrs. CUiUd Atkisson, is reported improving ;il County Hospital, where he is ;i piiticnt. Mrs. Lorcnc Hlac-k of Fayettc- villo .spent Sundfiy wilh Mrs. Eula Osbornc. Ciirncgie, Okl;i., with Mrs. Pointer's mother, Mrs. Dcliah Morris, who is i l l . Mr. and Mrs. Jess Hawkins and Mrs. Richard Maycs and .son, Rickey, were Sunday guests of Mr. and Mrs. Wesley Farbus of Mus- koReu, Okla. Hobci I Phelan is reported improving after being ill at his home children have returned home spending two months at Chanute, Okla. tfill Tuck of Fort. Smith spent the weekend here with his wife and children. Weekly Feed Market Report Is Issued Tile University institute of Science and Technology this week issued its initial, weekly f e e d marUet report, listing the current relnil price ranges of Arkansas broiler, breeder, and laying rations; dairy and hog f e e d s ; . a n d corn, jho|js, oats, shorts, bran, and meal. James W. Coddngton, director of the Federal-Stale Market N e w s Service, said tlic feed report is being issued on a trial basis, and is available to farmers, dealers, and other interested persons. The report will be mailed without charge upon request to the institute, which will continue lo publish it if the demand is sufficient, Cocl'lington said. ·In addition to feed prices, the report includes current average broiler prices and a we.kly average fced-to-broilcr price ratio. Assails Noiificalion Of Wounded Men's Kin Washington-f/Pj-A proposal lo expand (be terse "wounded in action" notification given ncxt-to- kin of casualties in the Korean War is being sludicd by the Defense Department, Representative Slccd (D-Okla.) said today. Steed said Secretary of Defense Lovc'U has asked the Army, Navy and Air r'orec for recommendations on two alternate proposals which he advanced: 1. A "follow" telegram to be dispatched as soon as the extent of injuries is determined. 2. Abolition of lelcgrapiiic notification and institution of an airmail service giving full details of the man's injuries and condition. "J think one or the other should .be done as a purely humanitarian inovc," Slccd said. "II is a terrific shock for a mother or father to get a telegram'nurely say their son has been wounded." HEAD STUFFY DUE TO COLDS /* /J /* symptomatic ODD RELIEF r 1 ' i NEED SCLOTHING? m X72 HONEY in i DAY ·25 - *50 - 'IOO · 'ISO or moral O« OWE* CONVENIENT HANS COMPAII THIS! IATIS ...k.r.'ioll l h o l y « » pcy CASH roustt 1100 53M SIM HWUHLV MYNBITS mm. Jlf.W H5.» S93.32 ml!H. J9.M $29.14 IMII It S6.W $20.45 Hi. 76 fhont tint.. 103 N. BLOCK STREET Get the money you need for holiday ezp«ue», it- cumulated bills or repairs plans to choose from. , then come in ,, Phone 3118 PUBLIC LOAN C O R P O R A T I O N A i D I E S E L T R U C K Your key to trtattr hauling frofts Another major milestone in hauling progress GMC PRESENTS fosf-Diesel economy and hill-leveling performance come fo fncusands of fructars who have never hd any choice but gasoline power In the past 1 . T ODAY America's foremost builder of Diesel trucks smashes the size-weight barrier that up to now has denied the many economics of Diesel power to haulers of medium-weight loads. Today CMC offers users of equipment in the 19,500 GVW-35,000 GCWrange a sensational new Diesel truck-tractor. It is powered by the first welterweight Diesel truck engine--a smaller, more compact model of the famous General Motors 2-cyclc engine that has made GMC America's first-choice Diesel truck. More Mifes per Gal/on Because it is Diesel-powered, this new GMC Model D450-37 will cost you far less to run per mile, far less to maintain per year than any other 2'/2-tonncr you've ever owned. A/I Diesel experience proves lliat. Because it is a 2-cycIe Diesel, it is a fast-start* ing, quick-accelerating, highly responsive truck with plenty of snap in traffic--a truck that will maintain a steady "on time" schedule even on hilly runs. Fuel economy is automatic thanks to CMC's famous Fuel Modulator. Regardless of throttle pressure this engine never gets more fuel than il needs nnd makes the most of what it gets; Smooth driving is assured by "easy-turn" re- circulating ball-bearing steering--even clcctrio, shifting on two-speed axle models. Nafionwiife Service Equally important to the thousands of truckers 1 \vlio can now enjoy the benefits of Diesel power for the first time, this new GMC D450-37 is backed by the nation's largest network of Diesel service stations. ' f Ucfore you buy another truck, you owe it to yourself (o investigate these new GMC welter* weight Diesels if you want In cut costs! We will be glad to give you facts and figures that will open your eyes. Why not come in today? Get a real truck! WHITFIELD MOTOR CO. IS NORTH EAST ST. FAYETTEVILLE, ARK. · You'll do Jb«H«r on a ustd truck with your GMC c/ta/tr ·

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