European Stars And Stripes (Newspaper) - June 3, 1986, Darmstadt, Hesse Tuesday. June 3. 1986 the stars and stripes Page 5 15,000 go on strike against Alcoa Atlanta Lipi about 15,000 aluminium workers the intransigence of Alcoa. They just would t Budge benefits and vision care and dental program Lipi about a Lumina went on strike the aluminium company of America and picketed Alcoa plants in eight slates after failed to reach agreement on a new contract. We have ,10 contract said Alcoa spokesman Al Fred pos i. There arc no pins now to reopen negotiations. We arc headed Back to officials of the United Steelwork Crisand the aluminium. Brick and Glass workers unions called the strike after the old con act expired at Midnight saturday and negotiations on a new contract to Ilc Mitiu d. Although the unions also were negotiating with Rey nolds metals the strike dues not affect 9,500 Union work ers at Reynolds plants. We voted to begin a selective strike against Alcoa but our people at Reynolds will continue to work under i he old rates of pay said slice workers Union spokesman Bob Toffell he said Alcoa plants were strike targets because of the intransigence an Inch during negotiations they wanted concessions while the company was making Money,1 Noftell said a company offer he called it concessions contract was rejected in final negotiations because it proposed reductions in Cost of living raises and vacation time. It was a question of economics Posti said. Al Coa s final offer would have lowered total employee roses about an hour by is. 15 cents nol by salary but through benefits Ernie Labaff president of the aluminium Union has said the average pay is is 3 an hour Moffett said the proposed package would have provided a Cost Omi ving adjustment and a flexible compensation program that would have Given employees options for health care and a savings plan. Also he added it would eliminate one Holiday the regular Bonus vacation payments and extended vacation p h amendments to tax Reform Bill urged threat to Low income housing claimed Washington us l the tax Reform Bill Pend ing in i lie Senate could have a devastating effect on Low income housing and could Force the displacement of thousands of families and Lead to sharply higher rents housing groups claim. While it clearly was not its intent he Senate finance committee crafted a Bill that could Deal a devastating blow to the preservation and development of Low income housing Barry Zigas of the National Low income housing coalition said the coalition and three other groups the National leased housing association the National association of housing and officials Anil the coun cil for Rural housing and development arc seeking amendments to the committee s Hill to restore some lax Breaks for investment in Low income housing. Significantly increased rent the mortgage Bankers association of America also warned thai passage of the Tai Reform Bill could Lead to significantly increased rents und reduced property values. An ample Supply of affordable rental housing is Cru Cial to housing those americans who cannot afford or who arc otherwise unable to Purchase a. Home said mba president Ronald Poe. The Senate is scheduled to Start debate on the Bill wednesday. The measure repeals provisions in current Law that provide investors in rental housing with accelerated depreciation in Exchange for Selling aside a certain percentage of the housing units in a properly for occupancy by Low income tenants. It also replaces existing tax incentives with a new Tan credit that investors could take for investments in hous ing units that serve the poorest households unusable my worthless but Zigas said the tax credits proposed in the Bill will be unusable and therefore worthless because the proposed tax credit could not be used where a housing project receives assistance under any Federal program. With the exception of traditional Public housing Capi Tal for the development of virtually All Low income hous ing is raised from investors in limited partnerships. Under the committee Bill taxpayers would lose the ability to Lake passive losses on their existing invest ment against other income. Will not be built lower income rental housing simply will not be built without a combination of to incentives and assistance under Federal housing programs said Melvin Adams president of the National association of housing and redevelopment officials. At a time of growing need for lower income rental housing the committee Bill would inadvertently de stroy the Only effective mechanism for raising capital for the construction of such Houtie comparing tax proposals current Law House Passoro by i Senate finance committee current 15 tax rates Lor single propts and 14 for couples Ming jointly ranging from 11% to 50% House 4 rates of 15%, 25%. 35% and 38% Senate committee s rates of 15% and j7% the higher Rale would apply to single individuals with taxable income Over $17,600 joint liners Over $29,300 Heads of households Over $z3,Soo $1,080 in 1966 due to inflation indexing Houte $2,000 Tor non itemizing taxpayers $1,500 or Ite Maers Senate committee $1,900 in 1967. $2,0001 1988 with exemptions phasing out in upper income ranges current $3,670 for joint returns. $2,480 Lor individuals or Heads of households House $4.400 for joint returns $2,950 for single individuals $4.200 Lor Heads of households Senate comm Tea $5,000 for joint returns $3,000 for single individuals $4,400 for Heads of households current fully deductible House fully deductible Senate committee state and local income and real and Persona property taxes Luly deductible sales tax deductions eliminated Nugo Trun i panic Soutch Chicago Tribune new in polls current deductible in Lull House deductible for mortgage interest on primary and secondary houses also net investment income plus $10,000 Tor individuals of $20,000 for couples filing Point return Senate committee mortgage interest on two Homes fully deductible consumer interest tit current maximum deduction of $2,000 a year per working taxpayer $2,250 for non working spouse interest on iras is tax tree House retain current Law Senate committee Only workers without pension plans would be Able to deduct Ira cont buttons Ira interest and dividends would remain tax free benefits Dan i programs Union officials ordered picket lines for the 13 Alcoa plants in eight Stales. Picketing was Well organized and orderly at Alcoa plants in Rockdale and Puim Comfort. Texas where 1,900 of 2,400 workers arc Union members. There Are pickets out there but no reports of Vio Lence,11 said a if Reagan an Alcoa spokesman. Ron pc incr manager of the Alcoa Plant Ai a augite ark., said the Plant was being run at full capacity by about 200 salaried employees who will be working 12 hour Days As Long As this goes the Plant which produces raw chemicals for such products a toothpaste fire retardants and ceramics has about h25 other workers following a round of layoffs last year. We do have a picket line but they re allowing our people to come in and out of the pc incr said. We be and several deliveries of materials thai we need and things Are going smoothly right storms Woods strike Texas leave 7 dead san Antonio. Texas a Park workers found a woman s body Bonu Illi u Bridge sunday a Day Afler she Wui hed away by flood wipers 4? storms dumped up la 5 Inch us of rain on South Iino Central Texas. The National weather service warned of the Passi Bizily of Mure heavy Thunder terms and Flash flooding for san Antonio. Del Rio and other areas Tornado like wind in i Puso uprooted Trees and brought Down Power minus sat urday and two Inch Hail shattered windows. Wind and rain thwarted 15 attempt to enthroned the new goddess of Liberty atop the Capitol in Austin. Ten More Del copts were made sunday to gel the 16-foot. 3.000-Pound go Devi Otto its Perch but blustery winds Gam Defeated the Effort and the project was postponed indefinitely. Sun Aniu Niu a irk workers found the body Ofa Young work Iii under a Bridge Bruj 7 . Sunday. The body was reported being swept along Lac san Antonio River in the Southern part of the City saturday police Aid. The woman Hud not been identified Sun Day a police spokesman said. A High school student was swept off a Road into rain swollen Leon o Jck in san Antonio and spent nearly an hour clinging to tree branches before being rescued by firefighters. Current for itemizes. Fully deductible Lor non itemize a. Hall tha donations Are deductible in 1985 and fully deductible in 1936 no write off Lor non itemizes after 19s6 House fully deductible for itemizes contributions that total More than $100 per year would be deductible for non itemize is Senate committee fully deductible for be mixers Only current a net top rate of 20% House a net top Rale of 33% Senate committee capital gains taxed As regular income funeral services set for Wii hero Donaho Sierra Vista Ariz. A retired vice . Glynn Robert Donaho who four times received the second highest military decoration for valor during world War it. Has died. He was is. Donaho received four Navy serving As a submarine commander in the Pacific three of them As commander of the Fly ing fish the first submarine commissioned after the United Stales entered the War Donaha died wednesday. He graduated from the us. Naval Academy in 1927 and look his first submarine command in 1938. After the War Donaho served in washing ton d.c., is commander of a destroyer squad Ron and chief of staff and aide to the com Mander of the 7th Fleet. He also served As commander of the . Naval base at Subic Bay Philippines and held various administrative positions within the Navy staff. He Wai promoted to vice Admiral in 1963 and was named commander of the military sea transportation service. He retired in 1967. He will be buried tuesday at the fort Hua Chuca cemetery. Sands of time in the stars and stripes 40 years ago today. June 3, 1946 assault the twos bred Colt owned by Robert Kleberg became the seventh horse in history to capture the triple Crown As he raced to Victory in the Beemom stakes. 30 years ago today june 3, 1956 two French division snapped shut a deadly trap on five algerian rebel groups under turbaned is am Rouchl in the biggest Battle of Llic year. 20 years ago today. June 3, 1966 America s first at tempt Ai a Sari Landing on the Moon was a spectacular Success. The Surveyor space Craft sent Back scares or High Quality photo graphs of the Moon s surface according to space officials in Pasadena. Calif. 10 years ago today. June 3, 1976 Montreal police announced the arrest of eight persons and the recovery of More than s 100.000 Hal was stolen in the s2.s million Brink s Holdup nine weeks ago. The robbery was the big Gest in North american history
