European Stars And Stripes (Newspaper) - October 15, 1950, Darmstadt, Hesse Those states by Lyle Wilson Washington up taxes of citizens Are going higher than Ever even higher than in world War it is possible that individual income who will feel a new tax bite this will be socked later with a new kind of toughest of that would be an excess income which would work like the excess profits tax on All individual income above the average Over a stated past period of years would be or near it for instance the base could be average income earned in the individual would pay regular taxes on such an in come if he continued to earn but if his income went the rate would take just about All of the congressional tax experts doubt the Treasury would support such painful but they say the tax squeeze is going to be terrific and that the excess income tax should be mentioned among the a taxpayers have had fair warn 1 ing that the higher rate charged against their paychecks this month is Only a beginning of Treasury Secretary John Snyder said recently that the average taxpayer has no notion of the heavy Burden he shortly will have to president Truman told the nation in his 10 defense broadcast that he wanted to pay As we these two powerful figures Are talking about 10 years of rearmament and cold that is what we Are heading cold War and rearmament alone will hoist taxes beyond All previous the individual and corporate tax hike voted by Congress recently is Only the first nibble it will increase government revenues by about bring ing the total on an annual basis Well beyond a lot of not so Congress will get to work in november on an excess profits tax against corporations to raise about government then would have upward of a year to still not by a great Many with Only that to spend in the next fiscal government will go in the Hole for government will go in the red because we will spend in the next fiscal year the year after we will spend wheres the Money coming from an excess income or a trans actions a transactions tax takes a percentage of every move by which a raw material moves through Industry and Trade to the but a transaction tax pyramids costs and is a bad tax All count that one out there for the three sources of Revenue from which the treas Ury already draws most of its Money individual income corporate income and the individual and the consumer Are the same but the Treasury socks him once with an income tax and once with taxes on things he both taxes Are Likely to go up from Here along with corporation if they go up enough to cover next years the american taxpayer will be hit harder than Ever and the next year could be even that is what is meant by pay As we 0wt Bob of fax right and s sgt Bob he 60th air base examine a Pitts Skelton special constructed by Snowden for the Competition at Model plane Competition Cpl Don of Birken won an eight Day tour to Switzerland with All expenses paid As first prize in the second Safe invitational Model air plane meet held at Wiesbaden air the meet opened with the class a stunt event which was won by 1st it Charles of Rhine main air in the flying scale 1st it Richard and 1st it Charles Neu Biberg air finished in a first place with 1st it John of the 25th communications taking second capt of the 60th Maint Wiesbaden air won the Speed with sgt of Birken finishing in the stunt event for contestants under 16 years of Jimmy of wies won first place with 24 while Larry also of took second with 15 the over16 years Fage stunt class was won by Miles of wies who finished with 49 Pat who scored finished Demorest had the Best looking the meet attracted 23 who were welcomed by col James co of the air Miles Winner of the earlier held last whose entry disintegrated in first it Charles of Rhine main air Winner in the stunt with his entry and october 1950 contents articles Model plane Competition East zone marshals us voters by Dwight Schear Keyes ends Long tour of Dufy by Ernie Reed Ezzard Charles proves Hes Champ by Bill Faleriski 1 ill in special feature n memorial a tribute by Cannon drawing by Rollie picture features vivi1 in i Donald Eil Erand Jim iwo contestants in the class for make a test run on a stunt neither placed in the won by Jimmy of police school the cols tons regular features those United states by Lyle ii strictly Bridge problems by Josephine Culbertson Viii Book in latest dec x dec showcase i this weeks cover throughout his career Over it Gen Geoffrey whose portrait adorns this weeks has consistently shun Ned Persona when the problem of preparing an article on his career it was found clip pings in the files were of news Sto containing no personal de Ernie Vienna who knows him perhaps As Well As any news Paperman was Able to gather the facts Page in from members of the generals the cover photo is by an unidentified signal corps photo credits picture position top left mid dle army by George Perm army in by Charles Astre stills by Paramount the stars and stripes
