European Stars And Stripes (Newspaper) - July 31, 1978, Darmstadt, Hesse                                July a the stars and stripes new legislation will make major tax Law changes at the Beach Princess daughter Philippe Grace right of Monaco and Caroline with her husband Junot get together on the Beach at Ocean they were visiting the Home of John graces a Washington a although it still Rel becoming new tax legislation starting to move through con Gress would change familiar features of your Federal income taxes such As hiking the amounts of your Standard deductions and personal a temporary tax cutting pro vision would at this the legislation contains As sorted gains and some losses for typical but changes Are expected to be made in the Bill along the legislative path to president Carters when the measure arrives soon in the House of it will be in a form which would Cut taxes next year by a total of roughly billion of the Benefit would go to individual tax pay the rest to for it would mean a tax Cut of 105 for a single person earning a year for a couple making and for a family of four with income of As approved last week by the tax Rigi rating House ways and Means the Complex tax Bills chief changes for taxpayers would be boosting the Fla amount Standard de for taxpayers who dont itemize on their tax from the current National mail service not affected postal workers dissent continues Washington Apas dissent among postal workers continued Over a tentative labor postmaster general William Bolger said saturday that Wildcat walkouts have not affected mail service the Public should recognize that to Date Only a tiny handful of the nations More than unionized postal workers Bers of his local would vote overwhelmingly in favor of a strike and would walk out almost immediately after he declined saturday to say whether the temporary order issued by District judge Frederick Lacey of est provoke further Wildcat militant workers say the wage and Cost mail service he the dissent continued in sever Al cities Over the tentative agreement reached july 20 that has not been ratified by members of the four unions in san Federal marshals called police to the san Francisco bulk mail Center in suburban Richmond after about 20 pickets blocked entrances in Vio lation of a court order issued Friday by District judge William but before police the pickets moved away from the entrances and adjourned to a where they were not violating the judges said police Jack the pickets were standing there look ing at the and the marshal were standing there looking at the nobody was doing anything so we went Rose in members of a to set up informational pickets by of Muty workers at the main Post office the executive committee of the local and local president Ron suggested the workers vote against the pro they also have denounced terms that fail to provide new Security in the area its not just a terrible it can Only be accomplished when you hold government employees when you threaten them with nobody in their right mind would accept that Biller it was Biller who led Wildcat walkouts in 1970 that idled workers and led to a fallout of Federal troops to handle mail in major East coast postal although postal strikes Are sanctions were not taken against the strikers this Lime the postal serv ice has fired participants in the Wildcat strikes in the new York and san Francisco in new scene of the greatest unrest a strike Vole set for monday was called off because of a temporary restrain Ine order issued by a Federal judge Fri resident Moe Biller told report ers he wants postal workers to go to work nto riday who la court hearing is scheduled on whether a permanent ban on a strike vote should be Biller had forecast earlier that Mem Darth Vader unmasked Over 200 to for All single persons and from the present to for married couples filing hiking the personal exemptions for every taxpayer and his or her mate and each dependent in the family from the cur rent to helping offset the Impact of inflation by expanding individual tax brackets by about 6 and reducing some of the tax this compensates for the ten Dency of inflation to boost taxpayers into higher eliminating a temporary tax cutting feature of the present known As the general tax this feature lets you reduce your taxes by for your taxable income but not for More than earned income credit making permanent a special feature of the tax known As an earned income credit for poor working the pro vision is set to expire at the end of this it is Worth up to annually and goes to Many Lowe income families who pay no income it is a credit of id percent of up to in wages and self employment As income the Benefit is scaled Down and vanishes when income reaches imposing a tax for the first time on some jobless some lax would have to be paid on unemployment compensation collected by single taxpayers Mak ing at least annually and couples above the ending the itemized deduction for state and local taxes paid on gasoline and other motor fuel not used by for the roughly 25 million taxpayers who this would mean an average tax political contributions abolishing the itemized deduction for political which now Are a year for single persons and for Cou Lor such the proposed Law would retain the current alternative tax credit of for single per sons and for making some changes that would tighten and somewhat simplify the medi Cal deductions taken by about 11 million itemizing the major change would mean you could no longer automatically deduct up to in health insurance premiums on your itemized such deductions still would be but would be subject to the same limit under which you May deduct doctor Bills and other medical that limit lets you deduct Only those medical expenses that exceed 3 percent of your creating a special Uncein lifetime capita gains tax break by allowing a 000 exemption for you if you make a profit when you sell your main under cur rent capital gains taxes Are deferred indefinitely if you sell your Home at a prof it and buy More expensive within in under the new you could defer the taxes in such a but once in your life you would be Able to sell your House and not pay taxes on a profit of up to most of the million annual Benefit would go to taxpayers who earn Between and a lowering the top tax on capital Gair from the present 491 percent to a new level of about 35 with most of the billion Benefit going to higher income tax