European Stars And Stripes (Newspaper) - February 19, 1981, Darmstadt, Hesse                                Page 6 the stars and stripes february 1981 Exna i to seek Michigan congressional Post a Gerald girl a White supremacist and former who staged an unsuccessful congressional Campaign last says he will seek the congressional seat left vacant by office of management and budget director David Stockman left his House of representatives scat from Michigan last month to take the budget Job with the Ronald Reagan a 3xycarold private embarrassed the state Republican parly last August when he won their 15th District longtime incumbent Democrat William handily won the general election in the Detroit area its about time the Republican party gets used to shocks like Carlson said in an interview with the Detroit free Carlson said his Campaign would stress the problem of Urban the people of this country have to learn that they cannot let Blacks take Over their he we need closed not open Reagan tax plan favors those with moderate incomes Washington Farewell Long and Boring Washington a Nancy who gave the traditional Reading of Washington Farewell address in 42 called the word speech Long and Only three other senators were on hand when the Kansas Republican read the and which includes Washington warn ing against entangling alliances with its Public Reading before the sen ate has been a tradition since Only one senator read it faster than Kassebaum Jake in Jennings had the slowest delivery one hour and eight Penney closing treasure Treasury stores Mil a Penney has decided to close its 35 treasure Island and i Treasury stores across the com Pany officials Charles Penney regional vice president in confirmed that the stores would Stein Forth and Robert the regional personnel manager at said they had not been Given any reason for the closings of the 35 Stainforth also said he could not confirm reports that the closing would be effective in May or i Haven been told what the time line he managers of Wisconsin six treasure is land discount department stores were also reported to have been informed of the Deci Sion monday at a legislation to share Tim cleanup is proposed Washington a nuclear Plant operators and their customers throughout the country should share in paying to clean up the damaged three mile Island nuclear seven Pennsylvania congressmen the members of a special task have proposed legislation that would create a million fund to pay for most of the billion repair at Tim and to create an insurance Pool to cover future accidents at commercial atomic the measure would cause increased Bills for almost every electricity customer in the Abc file for Low Power to stations Washington a Abc television network has joined Abc in beating a Federal deadline for applying for Low Power to but lbs said it had decided not to file such applications at this partic ular according to Federal communications commission Abc joined hundreds of other religious groups and individuals in filing Low Power the who asked not to be identified by said they counted 11 applications from Abc officials were unavailable to discuss How they would use the Low Power Abc previously had filed applications for five Low Power saying it hoped to use the stations primarily to offer pay Tele vision the acc proposed last september to be Gin licensing Small television stations using vacant to channels across the tax Penally asked child support arrearage Washington a in an attempt to reduce welfare the Reagan administration wants to halt Federal income tax refunds of parents who fail to make court ordered child support the key element in project intercept is fear of the internal Revenue according to working papers prepared by budget director David the irs would be required to halt and collect from an absent parents Federal income tax refunds the amounts owed for child support the working papers a number of states have used this procedure successfully and have found that Many absent parents began making regular support payments when they Learned of the existence of the quake jolts Mountain area in Washington state a Only minor damage was reported after a quake registering at least on the Richter scale Shook a Cascade mountains officials the tuesday night the second tremor to hit Washington in five broke dishes and disrupted Telephone serv ice in Homes on the East slope of the Moun said Kittitas county sheriffs Al Len the University of Washington geophysics Center in Seattle issued a preliminary report putting the quakes strength at on the Richter scale of ground the National earthquake in formation in reported the quakes strength at Don of the Center at said getting different readings was not in part because different Seismograph machines get different official read Ings Are sometimes arrived at by averaging different he the quake was entered nine to 12 Miles Southwest of at a depth of just Over one the quake was about 90 Miles Northeast of mount Helens and apparently was not related to the a University geophysics spokesman Washington a a family of four making this year would save or nearly 6 on its Federal tax Bill under president reagans proposed tax Cut the administration estimated by a family of four with a salary of this year would wind up with a savings of but the percentage reduction would be Only a Treasury department official Norman Treasury undersecretary for tax said the tax Cut plan the president was to unveil wednesday night would mean larger percentage reductions for americans with moderate incomes than families at the highest salary tax under reagans a family of four with adjusted Gross annual income of 000 would save percent on its tax Bills in percent in 1983 and per cent in said he said a family of four with wages of a year would save percent in percent in 1983 and percent in the percentage difference Nar rows in the cases of Well heeled families with significant interest or other income in addition to administration officials said the tax Cut will reduce Federal revenues by billion in fiscal which ends and by billion in fiscal reagans tax which will be Dis closed As part of the presidents economic Calls for reducing personal income tax rates by 10 percent a year for three years a total of 30 percent beginning this july As it works some affluent families will not Benefit from a full 30 per cent reduction in tax As one of the chief congressional supporters of the Mea sure had As a Jack who coauthored the tax Cut Bill now being pushed by is planning to push for a change in the Mea sure to assure a full 30 percent reduction for the highest income the Balti More Sun but several economic advisers to Reagan said the Bill that Kemp wrote never Guaran teed a full 30 percent tax Cut for the wealthy and the congressman Only now has realized Kemp is hitting the but the problem was never addressed in his said an who asked to remain in the adviser explained the problem this Way tax rates on personal income now Range from 14 percent to 70 depending on income reagans proposal would reduce those rates by 30 percent three years to a Range of 10 percent to 50 there is this hitch the current 70 percent maximum tax rate Only applies to so called unearned such As dividends and the maximum tax on earned such As regular wages or is 50 neither Kemps orig Inal Bill nor reagans proposal Calls for a meningitis believed cause of artists death Boston up doctors say they be Lieve meningitis was the cause of death for artist and sculptor Misc the artist was Matsukata was born in Tokyo and came to the United states in she operated a showroom in where she exhibited and sold her handcrafted lowering of this maximum some portion of a wealthy family salary income would be unaffected by the tax Cut and would reduce the family Overall tax Sav a family filing a joint return has to have an annual taxable salary income of at least after to be in the 50 percent for a single tax the top rate goes into effect at 500 in taxable salary under reagans a family would have to have at least in annual salary income after three years to be taxed at the 50 percent the figure would be for those filing a single taxpayers with salaries exceeding those Fig ures would continue to pay the same tax rate for that portion of their income that Falls into the 50 percent salary income below those figures would Benefit from the full 30 percent just like moderate income figures were not available on the number of affluent families that might not receive the full 30 percent by Way of the internal Revenue service reports of million tax forms filed in 1978 the last year for which counts Are available or 2 reported Gross income of or Only forms re ported Gross income of or the irs meat prices expected to Rise shortly Washington a retail meat prices this Winter have risen Only slightly from last fall but Are expected to begin climbing within another month or two As supplies the agriculture depart ment said this retail beef prices Are expected to increase rising about 10 percent As beef supplies the department pork prices May Rise Only slightly As supplies increase supplies of red meat and poultry in the first Quarter Are expected to be up about 2 per cent from a year including a 5 to 7 percent bulge in the beef officials said there has been an increase in the Slaughter of cattle those not produced in feedlots and also a buildup of heavyweight fed steers and that has resulted in a backlog of lower prices and Large discounts on Over weight fed but the Large total meat Supply will begin to decline soon and will continue to drop in the second the report Large feeding losses have forced both cattle feed ers and hog producers to Cut it feedlot placements declined 9 percent in the fourth Quarter of the decline will be reflected in reduced Spring Market the report when pastures Are ready for grazing this Spring the Slaugh Ter of non fed cattle is expected to production of broiler chickens is expected to gain around 2 percent from a year ear but not enough to offset cutbacks in the second Quarter for beef and the total Supply of red meat and poultry in april june is expected to be 3 percent to 5 percent less than a year