European Stars And Stripes (Newspaper) - January 3, 1987, Darmstadt, Hesse Saturday january 3, 1987 the stars and stripes Page 7 . Tax Law is Windfall for states some to lower their tax rates some won t Washington the sweep ing new Federal tax Law a Multi italian Dollar Windfall for the state is Pirkin debate on whether to Cut Rales for Tan payers or use the Money for state pro Grams or to ease deficit. Then Are Plant in 19 states to use the extra Revenue on specific projects or to Cut red Ink. But in at Leal 14 others officials say taxpayers Are Likely to Bene fit through lower rates that would return All or part of the Windfall to them. These were among the findings in anal Survey of governors legislative Lead in and Revenue officials in by 50 states. The Federal lax changes could yield $6billion in new state Revenue because most Stales base their income of cow on the Federal tax Structure. The new tax Law eliminate Many deductions in Exchange for lower rates. Thai Means a broader base on which the lower Rales Are applied of Stales apply their current lax rates to that broadened base the result is higher mate lax Bills and More state Revenue. How state officials Are responding tothe Impact it influenced b the tremendous regional differences in the econ omy. Almost half the states Are in serious fiscal problems and those slates arc not Likely to give in All Back said a spokesman for the National conference of stale Legislatures elsewhere there Are proposals to citrates bombs the Board Grant Breaks to certain taxpayer Reform slate taxes or reduce the a Burden on the poor. The Impact of the new Federal Law Var ies with each slate s tax Laws. In some states the Windfall will come automatically while others must an to make their Laws conform with the new Federal code to reap a Windfall and to avoid con fusing references to Federal tax provi Sions that no longer exist of the 14 with serious proposals to lower rates Virginia Wisconsin. Missouri Arizona new York Minnesota Maryland Hawaii Colorado Michigan and Oregon All expect windfalls of $100million or More. Returns of smaller windfalls Are on the table in Delaware and Connecticut. Ohio acted to lower its lax rates dec. 12. The changes Aren t really tax cuts since they an lowering rain to avoid effectively higher taxes. Many stale probably Worth lower their rates he full amount in effect raising taxes. Slates where a Windfall is expected but there Are no serious plans for offsetting cuts Are Arkansas Florida Idaho Illi Nois Indiana Iowa. Kansas Kentucky Louisiana Maine Massachusetts Mississippi Montana new Jersey new Mexico North Carolina Oklahoma Utah and West Virginia. States thai Are expected to lower tax rates or already have done so Are Arizona up to j136 million gain by conform ing with Federal change. Gov elect Evan Mecham proposes reductions but legislative leaders want to wait. Colorado gain of $200 million a 22 percent increase for taxpayer expected. Cov. Elect Roy Romer proposes the stat spend part and return part to taxpayers Connecticut gain expected through state s tax on capital gains. Gov. William o Neill pro poses reducing stale capital gains lax Delaware gain of $38 million expected. Gov. Michael Castle says hell consider per Sonal income Tan Cut of 5 percent. Hawaii gain of so million to $100 million expected. Proposals in works to lower Rales to offset entire amount Maryland gain of is 19 million expected. Gov. Elect William Donald Schaefer May see both tax reductions and spending. Michigan gain of $ Iso million to $300 million expected. Gov. James Blanchard pro poses lowering tax rate to offset. Minnesota gain of $719 million Over next two years expected by conforming to new Law. Gov. Rudy Perpich and legislative leaders want to use some to change complicated properly tax system Missouri gain of j22s million expected. Gov. John Ashcroft calling for si00 million tax Cut. New York gain estimated at $1.7 billion to $2.3 billion. Gov. Mario Cuomo propose lowering rates other changes to offset. Republicans want More cuts. Ohio anticipated $714 million two Yeargain offset by tax Cut signed dec. 12. Oregon gain of $170 million expected. Gov elect Neil Goldschmidt says hell offer plan to lower rates to offset. Legislative leaders want state to spend some of it. Virgin again of $184 million seen. Gov. Ger Ald rallies says it should go Back to tax payers but has t offered details. Wisconsin gain of si40 million to $200 million seen. Tommy Thompson pro poses tax Breaks for capital gains per Sonal income and inheritance taxes. The following states Are raising taxes o offset losses due to Federal changes Nebraska annual loss of $24 million to $36 Mil lion expected. Kay Orr say she la have lax plan to make in up. North Dakota special legislative session in Decem Ber raised income tax Rales to cover anticipated 57 million loss due to Federal changes and further to cover declining Oil tax revenues. That decision is on hold pending a statewide Island gov. Edward i Prole in december used his authority to raise lax rate to cover estimated $24 million loss. Special commission working on plan to revamp tax system. Vermont anticipated loss of $11 million to $12 million offset by lax rate increase approved in december. The following states expect a Windfall automatically or through change to con form with new Federal Law. These states Are not expected to Cut tax Rales the poorest in per Putte income mass Lippi Cmero to Fauna in Petite Soura u,6. Pvt Nunt of come wac Arkansas $30 million Florida $70 Mil lion by conforming Idaho $21 million to $26 million Illinois is 00 Molion Indiana,$50 million to $69 million by conforming Iowa 1175 million by conforming Kansas. $105 million to $125 million Kentucky $64 million to j75 million by conforming Louisiana $60 million Maine $ 15 million to $30 million by conforming Massachusetts $20 million to $60 million Mississippi no estimate Montana $70 million new Jersey $50 million to $100 million new Mexico $49 million North Carolina,$25 million by conforming Oklahoma $54 million Utah $50 million and West Virginia $60 million. The following slates see no Impact orsay the effect is unknown Alabama Alaska California Georgia Nevada new Hampshire Pennsylvania South Carolina. South Dakota Tennessee Texas Washington and Wyoming. College loan plan proposed Washington a students would Beable to borrow up to $50,000 for their educations and take us to 30 Yean to repay the Money under a $600 million program that will be pro posed in the Federal budget to be presented logo egress. The $600 million combined with up to $393million in collections from other Loans would be available to students who met the same eligibility standards applied to other Aid programs. The income contingent loan program or 1cl,would be self supporting since students eventually would repay the full Loans with interest. Students could borrow up to $50,000, far More than the s17,250 Cap on undergraduates inthe guaranteed student loan program. Student would have flexible and easy re payment options As opposed to current fixed schedules which for Sis require Complete re payment within 10 Yean. Students planning to enter Low income Fields would be Able to Lake out Loans and still meet their repayment obligations even if the went to an expensive private school. Student would pay the full Cost of the Money without subsidies from he taxpayer As is currently tote Case under Gisli and the National direct student loan program. Off duty cop shot on nyc train new York not an off duty police office was shot in the face on a crowded commuter train in Pennsylvania station Early thursday after asking Sev eral youths to put out their cigarettes. James p. Delmonico 28 was listed in satisfactory condition at believe Hospital he had been resuming Home to West Islip on a Longisland rail Road train at 6 . Railroad police aided by Amtrak and new Yor City officers promptly sealed off the station. A search led to the arrest of five youths on charges ranging from attempted murder to Possession of cocaine. At a news conference thursday the Manhattan detective commander. Assistant chief Anthony m. Voclker said the dispute broke out when Delm Alnico told a group of youths not to smoke in a non smoking car. After the officer exchanged Sharp words with in youths Voelker said one of Ihm pulled 011 a .25 Caliper Beretta automatic pistol and shot him once inthe face at Point Blank Range. The Bullet entered above his right jaw and exited just below his left ear the police said. At that Point the youths fled with Delmonico i Pursuit Voelker said. Arrested and charged in the shooting were Thomas Berry 19, who was charged with attempted murder Kenny Hardy 19, Possession of a gun and of 35 pack ets of what the police believed to be cocaine and 15 packets of marijuana Eugene Frederick 17, Possession of a Spring loaded knife and Andrew Henry 17, and Lavane Beard 16, both charged with Possession of brass Knuckles with built in four Inch knives. Atlanta Highway gets Federal nod Atlanta not a Federal District judge has removed the last Federal obstacle to construction of a 2.4-Miic-Long Highway that will provide easy Access Between downtown Atlanta and the Carter presidential Center. He ruled that slate Highway officials had satisfied Oil environmental concerns. The decision by judge Wjlliam a o Kelley Doe nothing however to remove local opposition to the $22 million presidential Parkway nor docs in life i injunction imposed by the Georgia supreme court. Alva Byronna Engineer in the state Highway department Laid the Federal ruling obviously relieves us of any problems with the Federal but Highway officials will still have to get the Georgia court to lift its injunction if it is to proceed with condemning land for the Road. The stale supreme court ruled in november Hal the Highway department could not condemn land under a television broadcast Tower owned by co communications because motorists could be endangered by falling ice which som Limei forms on i Elower s Guy wires. An Appeal of the Federal court decision is almost certain. Salty darn a lawyer and co chairman of a neighbourhood group opposed 10 the Toad said therein no question thai the judge erred it s just a matter of where. We clearly feel dial the decision is an appealable
