European Stars And Stripes (Newspaper) - July 20, 1986, Darmstadt, Hesse                                In Icide stripes d census Bureau assesses wealth in America Page 2 n army s top Lawman takes aim at crooked contractors Page 5 d royals Howser to undergo brain surgery Page 21 the stars  authorized unofficial publication fou the . Ahmed forces vol. 45, no. 93 sunday july 20, 1986 we  of sunday d 8693 a tax slash might be delayed by the los Angeles times Washington House and Senate Ian writer indicated Friday that their proposed tax overhaul Law will abolish various loopholes beginning next Jan. I but they also hinted that the Law s payoff a Steep Cut in tax rates might be delayed until later in 1987. Agreement on an effective Date for the closing  emerged after he release of staff documents that suggested that the House drop its plans to implement Many lax Law changes in 1986, and instead Fol Low the Senate s 1987 schedule. The leaders of the House Senate conference com Mittee that is combining the two tax Bills informally agreed with those suggestions saying that the Jan. Date will end the politically Touchy problem of Revok ing some taxpayers deductions and loopholes ret Road  a few exceptions the Bill will not be retroactive. Dates will be prospective Senate finance com Mittee chairman Bob Packwood r-orc., said. Rep. Dan Rostonkowski d-iii., the House ways and mean committee chairman who Heads the conference com Mittee said he is not enamoured with the idea of revoking tax Breaks after the fact. But it remained unclear when the reductions in tax rates would take effect. Both the House and Senate drug raids continue in Bolivia la Paz Bolivia a Bolivia narcotics police ferried by . Helicopter pilots carried out a second Day of raids saturday on cocaine processing centers in the northeastern tropical Flat lands officials said. Related Story Page 28. An information ministry source said that saturday s raids apparently went smoothly. Friday s .-bolivian cocaine drag net sent drug traffickers fleeing from the Remote Jungle processing centers and netted one suspect and a Small air plane a government official said. Information minister Herman Antelo at a news conference hours after the troops first raid Friday said there had been a general exodus of traffickers. The . And bolivian forces also confiscated barrels of chemicals used in drug production in their raid Friday on a thatch roofed log Frame lab in he sweltering grasslands Region of uni Angelo said. He said the lab had the capacity to turn out Between 2.200 and 3,300 pounds of cocaine sulfite a month. He said Only one Man wit Lymui identity papers was caught dismantling drug processing equipment when the . And bolivian forces moved in. Brazilian officials said they have stationed an additional 200 police officers along the country s 2,000-mile-Long Bor Der with Bolivia to prevent an influx of drug traffickers. In Colombia an anti narcotics official predicted that the crackdown would Lea to increased production in Colombia and Peru. Antelo said the . And bolivian forces encountered no resistance. Measures envision a six month lag Between the end of tax Breaks and the lowering of rates but that has come under attack because it would create a Sharp one time jump in taxpayers Bills. Senate majority Leader Robert Dole r-kan., member of the conference committee warned thurs Day that this lag is not what we be been advertising As tax Reform. On Friday Packwood said this is one of three controversial and costly sticking Points that the conferees must resolve before agreement can be reached on a final Law. Two other principal issues he said arc the tax treat ment of contributions to individual retirement accounts and tax Relief for so called Middle income tax payers earning Between $20,000 and $50,000 annually. On Friday the second Day of discussions. House and Senate panel members again traded jabs Over the equity of each Bill s treatment of Middle class and wealthy taxpayers. The House Bill taxes income at generally higher rates than the Senate from 15 percent up to 38 percent but because it preserves More deductions it gives a larger tax Cut to both the Middle class and the wealthy. The Senate Bill taxes More than four of every five taxpayers at a 15 percent rate and the remainder at a Peak Rale of 27 percent. Because the Senate Bill phases out some deduction Sand other Breaks for wealthy taxpayers though a tax bite of 32 percent and even higher would apply to earnings Between $75.000 and $1x5.000 a year. Above that level the Rale on each new Dollar of income re verts to 27 percent. That bulge in Rales in the Senate Hill came under repeated fire from House members on Friday. Rep. Bill Archer. R-fla., angrily argued it s just no True that the Senate Bill s maximum rate is 27 percent and challenged the Senate conferees to redraw Ihei two tier tax system to add a third higher Rale for the Rich. Packwood and sen. Bill Bradley d-n.j., noted however thai the Senate Hill Grants Lar smaller tax cuts to the very Rich than docs the House legislation largely because it closes More loopholes. And Treasury Secretary James a. Baker Iii in Brief appearance said the Reagan administration also backs More tax Relief for the Middle class if you can come up with a Way Hal does t destroy economic  sharply higher corporate taxes he warned would raise prices make american goods less competitive and slow the Economy. A videotape shut inside the titanic by re searchers from the Woods Hole Oceano graphic last Lulian shows the luxury liner s a titanic chandelier Crystal chandelier hanging slightly ask Winside the ship s main ballroom. Research ers Are using manned and Remote con a photo trolled summer Simules to study the 74-year-old wreckage of the titanic. Set related Story and photos on Page 3.