European Stars And Stripes (Newspaper) - September 1, 1986, Darmstadt, Hesse Page 10 the stars and stripes monday. September 1.19b6 William Buckley who wins in tax Bill even experts disagree be arguing about who won in the new tax Bili the liberals or the conservatives i s rather Tun that a Bill that seeks to simplify should end by being so abstruse As 10 find people differ in Only que lion. Professor James k. Galbraith. An economist at the Lyndon h. Johnson school of Public Ait Yiirs at the univer sity of Texas in inc words of . Dionne or. Of Hie new Vork times with the democratic parly s Kofl is enthusiastic about inc Bill. Or. Dionne summarizes a i by Jilb s Efalua lion any Bill that shifts More than $100 billion from individual to Corpora Lions drops 6 million poor people from the lax Rolls rids the As code of scores of loopholes and taxes capital gains at the same Rale As earned income could not be All bad from his the left Wing Point of we touch Mica Ming Points Here. A great Deal in tax Law is Only faintly Visi ble As for instance alter a while excise taxes on gasoline Hoo a and cigarettes tend 10 ,.ijja in Chr purchaser s mind. If John is earning a car is paying an effective lax of 25 percent with the marginal Rne sol Al 50 percent a decrease in that marginal rate m. Say. 25 percent can. But docs not Necess Arih. Increase John s income. Why1.1 ,1 Here urn other heirs. A. Know Ihal in i is there Are going to be i rec Basic Rales. The first is 15 percent the second 2m percent and the third 33 percent and in you wish to count Ilas a separate rail a fourth of 2h percent reached approximately Afler an income of s150.000 per sear. Now that would appear to be a sub Ila Lial reduction from the incumbent 50-Pcrcem Rale Winch starts in Al approximately $8s.oihj. Kill let s Plant an example thai illustrates the complexity Ollie fancied Benefit. One Hundred und i wanly billion Dol Lars in extra taxes Are going to he paid by corporations As or. Gale rail has noted. Bui As everyone should have noted corporations Don t pay taxes they Tom Wicker pass those taxes along to Consumers and to investors. So consider with abbreviation Verj much in mind the Man who has Rei Rcd and invested All his Money million to use round figures in at to. He is now paying 33 percent in laves which would certainly appear to be in improvement Over 50 Perchem. But at to. Needing 10 pay More taxes will do one of two things and probably a certain amount of both. In will charge More for phone Cal a Aird it will reduce its dividend payments. The net situation of he Man is measured not alone by Ilie incr Menla lax he pays on the top Dollar bul on How Many top dollars Uherc arc. To illustrate via our old Friend and absurd. If von charge a maximum tax in i percent and the objective economic situation makes it inconceivable thai you will earn More than $10,000. Why. You have not greatly profited from the lax Reform. On the other hand. Iliac in no denying inc solid philosophical gain m the philosophical postulates of the lax Hill. As h i l Billy As in Ilie fall of i Jiu. When Ron Ald Reagan was debating with Waller Mondale or. Reagan proclaimed that under his administration progressivity in taxation Fiad been maintained at til1 same u vol As the Iliad had in at. Lie said this with Manifest satisfaction which is a i it Dos pm l Iii Cal to ail those who fur years have viewed inc progressive feature of the income lax As the Achilles Heel of democracy. Num. I hands to the Star Tonj of inc i Ackwood la rail v Hill or. Reagan can change his tune Here and dec wifi proudly Tia. Pro Obj Vita so rih decreased under his administration. Al in Nuynh in Viiu Louil the d Milutin Riton cans who will no income lax. Ihitl1 to Pineres Siviy. In eau Wjk Icen Eric ail .11 so in is .1 Are moving of Greaf White Sharks and the return of Salmon the biggest fish Story of the summer thai unofficially ended As weekend was inc one about lie 3.-150-Pound Orval while shark that did t gel away from Donnie Braddick and Frank Mundus 25 Miles South of Mon Auk Point in the allanic Ocean. On aug. 6 the iwo captains having spoiled Sharks feeding on a dead whale hummed inc area with fresh butterfish or addict then hooked the Monsier on 1 so Pound lest line w ii a Hail of a Iii Ting. Usini a i can jul Erna Lional reel on a Sabre Rod. He fought inc shark for to hours before Landing it. This great while weighed nearly 800 pounds More than any other Ever taken on sport fishing gear. It was id feet inches Long about ,15 years old and its picture in inc new Vork times displayed a set of Teeth As terrifying As the final scenes of jaws a Raddick observed that he was glad a Fisherman instead of some weekend Warrior tourist landed this Uwe iome fish. In fact Only an Riper could hau1 done in and few weekend warriors would have wanted even to gel close to he thing while in was still alive and hauling. Hut the Best fish Story of the summer is one in which every Fisherman from iju1 bumbling Amateur 10 the experienced Fly Casler can rejoice the re Luru of the Noble Allan lie Salmon is far Nonh As the while Kiver. A tributary of the connect Lieut and More than 2511 Miles from the sea. Here is not Only a True Triumph of the modern concern for the environment and lire Protection of species hut a great achievement of the new science tit i. A civic engineering. The Promise Noiel fully Cali de is for a significant restoration in nature s scheme of things not to men tinn the possibility if some Unden no sport. In Mij july a sin i one of these Beautiful fish one of the Uinos most Prue for game and i Init was spotted in poot near the a nabs Bridge at Stock badge in a Cut vat Arnonl. Vyrl Slik it Jimil def hot fail to Rico Gnu a the sip oink ii the sighting. My Foj. Najj 1 lil i ii a i Al i i Siruc tinn worker who Hul spi tied ,1 Salmon in Ilung fur Ilie i Lime in 2uo . Dpi of kno \ Imi thai is this fish has i been Arntine since of org incl Ore the Earh la the in tier. Lic in tin flt Iii nilus v1ll up the c Piui Cerii it ii i Ibe univ in. Oiler in diaries. Anil a Liht in i f is about a uie l a Iii Vyrl s to i Hen split wind i in in Uhr. S i in inor Pirr. Hot in ill ju1 or cars or or three i Arv Intieri ii i i a i i n i Nous he Iii Gil in i Ilisie i i n ii in unit might hit la flus. A loll Afler thai. Tin1. dn-1. . F i 111 to no i h ii jul i of iil1 is Hind. I of sikh a. B a a i. Him m Llic Allyl us 1 a lil. Iv.i-. In in. La Curc Nobmi 1 l s i m r.-u1 lure s must ium11 . L .1 i u ii. L to " Riser so. It lignin i i ,. Ils Tali int in i in i i -. I i i i Hirn ilk of i kit. I i. -i1.-, a. I i lil i Iii his ii Miel ii 1 -. I ill in l1 i m.1 ill a .1 i i. La rim i i Iii i i i ii the old dams Liae been i finn. Re Ami
