European Stars And Stripes (Newspaper) - May 27, 1985, Darmstadt, Hesse May 1985 the stars and stripes Page 5 tax plan will end Reagan says were going to overhaul the whole code Washington up president Reagan said sat urday the tax Reform program he will announce this week will remove the dark Cloud of unfairness from a rickety tax system and lower payments for most in his weekly radio Reagan previewed with out giving details the administrations tax a Revi Sion of a widely criticized Treasury department package he asked for last he said the current system is shot through with unfair inequality and the american people Are always even to do their but quite naturally resent it when others Are shirking next he Well announce a historic change in the tax Laws to remove the dark Cloud of unfair Ness from our tax were going to overhaul the whole Jerry rigged tax code and come out with a Sleeker Model that will not Only be fairer and Sim but will significantly reduce taxes for the majority of All Reagan had promised that the system would be reve nue meaning it would not cause higher or lower taxes although some who had been paying too Little in taxes might have to pay More so the majority of americans could was cheap of twice fhe Price traverse a Rita Smith got an even better bargain than she expected when she bought a briefcase for at a salvation army Thrift store it contained in British currency and travellers she kept the briefcase she bought thurs Day but turned the Money Over to Michigan state the Case also held an International Drivers License in the name of Phillip Tucker of Pompano no phone number was listed under that name there and state police had not yet located dispatcher Julie Sutfin said Smith gets the Money Back if it goes unclaimed for 30 the briefcase contained in in travellers checks and 830 British Worth about under the latest Exchange Sutfin i just saw a Bill flashing at me with some other i was at first i thought it was play said of traverse the plan is expected to Center on a three tiered rate of 35 percent for those with the highest 25 percent for Middle incomes and 15 percent for with higher personal exemptions per person and a higher Standard there May be a minimum tax for corporations As starting were declaring the 1040 tax form an endangered he Many americans will not have to fill out a he said the 40yearold system now in effect allows the Rich to escape taxation through the use of while american families have borne the Burden of explosive growth in government and Domestic one of the loopholes that will be up has is a system of tax Breaks for the Oil and Gas sold to the president by two top administration texans vice president George Bush and Treasury Secretary James Baker on grounds that National Security would suffer if Domestic Energy production is its time families got a Little Reagan and that what we propose to do by greatly expanding the personal raising the Standard lower rates and retaining the Home mortgage interest deduction on principal were going to make it a lot easier for struggling households and for the working poor families to climb up the ladder of he the the cynical and the special interests will Combine to say what we want Hope and Opportunity Are be Reagan said his proposal could be the single most important step Well take in this decade to fulfil the american dream of Hope and Opportunity for us and for future delivering the democratic party House budget chairman William Gray of Pennsylvania said democrats want tax and introduced such legislation several years we want tax Reform that is ensures eco nomic and most of All Lowers the rate of the individual Gray we want tax Reform that makes the hundreds of american corporations that dont pay any taxes today pay their fair but we also that tax Reform alone will not cure our economic problems caused by your billion deficits and your administrations doubling of the nations Sands of time the Alabama is the sixth nuclear powered Trident submarine to join the a photo in the stars and stripes Alabama commissioning draws protest aft 40 years ago today May 1945 the stars and stripes was not published on this 30 years ago May 1955 soviet communist party Secretary Nikita Khrushchev apologized for his which he said had wronged Yugoslavia marshal Tito in the in an arrival speech at the Belgrade the blame was put on executed so Viet secret police chief Lavrenti 20 years ago today May 1965 Cassius Clay retained his world heavyweight title by scoring a first round knockout Over Sonny Liston in 70 years ago foday May 1975 Lebanon military government sparking a new Politi Cal crisis in the Leb anese army beat Back israeli raiders from the nation s Borders for the second straight new up More than three dozen antinuclear demonstrators were hauled away in police vans sat urday after they tried to disrupt the commissioning of the nations sixth Trident the Alabama joined the navys submarine Fleet in ceremonies at the naval underwater systems Center while protes ters held a memorial service and die in outside the various charges filed More than three dozen protesters were removed from a Roadway when they tried to Block buses carrying they were crowded into police Headquarters and a spokesman said it would take hours to pro Cess the suspects on various Misdemeanour others pretended to die on sidewalks near the Gate of the High Security govern ment facility in symbolic protest of the missile firing Trident about 200 members of the coalition to Stop the Trident staged the latest in a Long series of protests that have led to hundreds of arrests in the past several some including the characters lying on the Street outside the asked Why the government has developed the retired Thomas Moorer told about cheering guests attending the ceremony the former chief of naval operations said the Long Range capability of the sub Marine was an essential response to a growing soviet threat around the we Are faced with a regime with one objective world he Freedom is not Freedom takes of work and Stephen a minister and coordinator of the Alabama freeze brought letters signed by Alabama Resi dents protesting the commissioning and use of their states name for a Trident Rick another coalition spokes said the protest remembered those who have died and continue to die As a result of injustice and hunger As the preparations for War each additional weapon creates less real Security for our he the Alabama is capable of carrying Trident ii missiles scheduled for deploy ment in the 560footlong Alabama was christened by Barbara Edwards Dick wife of William the submarine was constructed at the nearby electric boat division of general dynamics which has built All five previous the company has five More under construction at its Groton a million contract for a 12th Tri Dent was withheld tuesday by Navy Secretary John Lehman who accused general dynamics of unethical and Dis honest business Lehman said he would not award the contract and other work to general dynamics until the giant defense contractor draws up a code of ethics and settles million in old overhead accounts with the the Alabama was launched May and is the fifth Navy ship named for the
