European Stars And Stripes (Newspaper) - September 26, 1950, Darmstadt, Hesse See 6 the stars and stripes september new tax Law effective 1 individual rates hiked 1220 per cent 25 president Truman has signed into Taw a measure boost ing individual income and corporation the increases in individual in come oct from 12 to 20 per that Section is expected to yield an additional the new Law increases Corpora Tionta retroactive to july from 38 to 45 per cent and plugs up some of the so called loopholes in present tax the corporate increase will bring in an estimated annually in new Rev first instalment the new Money is Only the first instalment in a Broad Revenue Ais ing Campaign to meet defense the second instalment in the pay rearmament program is slated for consideration in novem Ber when Congress will reconvene write an excess profits tax Law to fact is to be retroactive to cover either the last Quarter or the last half of this the House ways and Means com Mittee will Start Public hearings on excess profits legislation the Bureau of internal Revenue already has sent to employers instructions regarding the new with holding tax exemption stands the new tax rates Are about the same As those that were in effect in the new leaves intact the Persona exemption which was approved in 1948 and the option of married couples to Divide their income equally for tax Figur a new 10 per cent excise tax on television sets is expected to yield about a educational and charitable institutions will be required to pay taxes on their competitive business life in Durance companies Alerv will be required to pay about on their competitive business earnings for 1949 and army to reactivate Camp sept 25 the army said it will reopen Camp in the near located near the Camp has a potential capacity of initial plans Call for the housing of Only it will be used for transportation corps a world War ii Kilmer has been inactive since april Singer pleads innocent 25 Martha Raye pleaded innocent to Drunken driving and other charges a few hours after she her their Boxer dog and Cadillac convertible wound up on e North end table 25 Here is a comparison of existing individual income the partial increase this year under the new tax and the full increase during the new tax rates Are scheduled to become effective they probably will be reflected in larger payroll deductions beginning with the first pay Check received after that net income be present Law 1950 tax 1951 Tut fore exemption single no dependents 66 149 232 409 811 70 157 244 428 843 married dependents 133 299 631 139 313 661 married dependents 432 974 452 so 180 280 488 944 160 360 760 520 full income tax increase to be paid on 51 earnings sept 25 Here Are a few highlights about the new income tax it ranges from 20 per cent on persons in the lowest income brackets to per cent on those in the increase wont hit you All at the full increase will be applied Only to your 1951 not your income this on your 1950 income Only one Quarter of the increase is for say youre in the lowest bracket now and the increase on you will be 20 per when it comes time to Settle up n full on your 1950 income youll find that the increase is Only on Quarter of per but in when you Settle up on 1951 youll find you tax has been raised 20 per cent on your whole 1951 this sounds complicated and a provisions of re curb act 25 the new communist control passed Over president Truman is designed to hamstring All communist activities in this country now and to put All subversives in concentration Camps in event of it would require All communists and All communist front organi not members of such Register with the Justice department it tightens the naturalization and espionage and provides for a mass Roundup of All communists in Case of inva or the Justice department would instead of the state depart whether second string for eign diplomats should be deported for subversive picketing of Federal courts and the Homes of Federal judges or such As occurred during the new York trial of Thell communist would be government employees could be punished by fines up to and 10year jail terms for divulging classified information to foreign members of communist or to persons they suspect of being communists and front members would be banned from Federal employment and not obtain passports for travel communists also would be barred from defens Plant but front Mem Bers could be hired in such plants it they disclosed their readers first impression is probably something like this what a head ache in going to have when i make my tax return on 1950 not most people will do As Treyve been doing for get a receipt from their Boss on the tax withheld from them during the without any figuring of their turn it into the tax together with a simple form filled hell Check it Over to see that its right if Treyve been hell give them a if they still owe some hell notify Short form then there Are those who use the so called 1040 Short although they dont figure out their they find it in the table on the do the same March file their tax return on 1950 do nothing the figures in those because of the tax will be a Little and then theres the third As in the the persons who must figure their own do exactly As in the the Only Dif Ference will be in the this will give an example of How the tax will be increased on 1950 income Only on Quarter of what it will be on 1951 a single has a net in come after deductions of that has been his salary for several years and will be for some in he made his return on 1949 tax was in he makes his re turn on 1950 tax will be but in he makes his return on 1951 tax will be Congress for vote 25 went Home for two Man thu at politicking after cracking Down communists and voting non taxes and defense Money in the final adjournment do tired House members took off for Home by train and the family automobile As soon As Gavel slammed Nown in the senates pm not at that the senators had Ben in continuous session for 29 hours and 52 Thev House had quit at the lawmakers Are in adjourn ment until Noy unless president Truman summons them for a National their first order of business was the 7 which will determine whether the democrats or republicans Rule Congress for the next two the entire House and 36 Senate seats Are at stake this filibuster the final Barrier to adjournment was swept away shortly after a a your filibuster against the Bill the Senate to enact the measure into Law Over president House voted to override the Congress quit in the midst of a changeover from business usual to a limited National mobilization there were deep splits in the ranks of the presidents own party the broken just a few hours before found a knot of the administrations staunchest supporters fighting to sustain the presidents communist Bill Lucas dissents but the democratic majority Scott Lucas broke sharply with the insist ing that with a National crisis at tighter curbs on communists and subversives were needed deep were left communists inches t a t e depart ment charges by Joseph Mccarthy were still ring ing throughout the land As a pain Issue by republicans who charged a democratic sellout in China and called for Secretary of state Dean ache sons democrats replied partisan editor Dies of polio new Ard foreign Cor author and died of polio at Willard Parker a action on Bills by Congress is listed 25 status of major Bills in Congress communists Bill passed Over veto House and becomes f to ban interstate shipment of gambling machine blocked in expected take up House passed alaskan statehood Bills after Campaign j Bills dead for this yeah Fec electoral system revision Taf Hartley repeal j men compensation expand sky inet welfare department health insurance International Trade Ori Yaniz Atin Gen eral Aid to education Lawrent Seaway Universal military i major Bills personal income and Horatio tax increase 000 emergency defense spending j Bill Bill permitting appointment of Gen George Marshall As sense Secretary social Security expansion Genera proper nations Bill Bills removing armed manpower ceiling and extending enlistments one year monthly allowances for service mens families 70group air authorization Armi Aid emergency economic controls oneyear draft Extension dentists draft Bill boosting Price support funds by rent control Extension school building Aid for towns congested Fay Federal workers military construction Bill liberalization of displaced Persona Law 20 presidential seven Oleo tax repealed Korea Formosa Aid Federal credit for private nonslip Sarong made for polynesian movie by James to Hollywood Debra with 28 new Type sarongs in her is off to Hawaii to a polynesian Cutie the next two months in Holly Woods new technicolor extra Bird of shooting of the picture on the Island of Kauai starts in a but Debra has been prepping for Faget stay on Padgitt weeks for her exacting role As native heroine who is romanced by Louis Debra had to learn to swim and she also had to master the Artol wearing a it seems that blamed things slip off at the slightest and twentieth Century Fox studio didst want that to happen As Bird of Paradise is and not the heroines part Calls for Debra i to scamper about the swim in a Frisky dive into a romantic t climb Trees whenever hankers for a Coconut and execute a dance of love for i Ordinary kind that Dorothy Lamour made explains were they Are just cinched up with a pin and they stay on for All the running around i have to a dorothys Sarong pictures we rent As strenuous As this so the studio designers several sets of Gauze underwear i the Sarong was then pinned the Gauze and Debra said that that did the the sarongs stay Oft although she was outfitted for 28 she will Wear Only six of them in the the rest a duplicates in Case she trips Over Palm tree or snags her garment a
