European Stars and Stripes (Newspaper) - April 17, 1991, Darmstadt, Hesse Page 4 the stars and stripes wednesday april 17, 1991 hand in hand by the associated press taxpayers blame their accountants poor math skills and even a Golf tournament for wailing until deadline Day to make a dash to file their Federal returns. A i made it a Ron pahk of Honolulu said As he mailed his return before the deadline of Midnight monday. A right now in a going to drink As much As i can. In a tired of the internal Revenue service expected to receive As Many As 27 million returns this week Many of them filed within a few hours of the deadline. The Agency expected a record 113 million returns this year. Many Post offices in the nations larger cities remained open to accept returns until the deadline. In Many areas the irs extended Telephone hours to answer. Questions. A a i always have to do things late a my Christmas shopping my gift shopping a Elizabeth Richardson said As she fast in bumper to bumper traffic outside Dallas main Post office. Quot a Many Dawd lers blamed their accountants. A Honey my tax Man was very Busy a he just let me have it today a housewife Beatrice biter said As she waited outside terminal Annex Post office in los Angeles. Nearby stood an 8-foot inflatable excedrin bottle a for headache no. 1040.�?� an accountant comic gave away bagels and Extension forms. In Dallas about a dozen postal workers stood at the curb with big baskets for motorists to toss returns into. A they wait until the last minute and usually its those who owe. We get this every year at tax time a said postal Woker Eddie Jones a a it a crazy a postal worker Charlotte Stevens said of Philadelphia a main Post office. A it s Wall to Florence Braz of Honolulu was still looking for tax forms to fill out at 4 . A i thought id. Put in parentheses my math Isnit very Good but i did the Best postal worker Bill Vanderveur hangs his head in disbelief As Darryl Lee or Detroit seals his 1990 tax return at the Royal Oak mich., Post office. Lee just made the final cart at Midnight monday a that i could a a she said. A i think they should have courses on How to do your taxes in High schools a said Robline Swanson a Sheet Metal worker who waited outside Phoenix spark Central mall for tax help from the Arizona society of certified Public accountants a if 1 would have had a course than i would t he Here standing tax preparers in Augusta ga., said local residents wailed until the masters Golf tournament there was Over sunday before turning to their tax returns. A the masters have been at a worse time a said James Stachowiak District manager for the Jackson Hewitt tax service in suburban Martinez. The deadline Drew out protesters As Well As procrastinators. Seven of about 200,people protesting the Way the government spends tax dollars were arrested when they tried to Block a downtown Street near the Federal building in Chicago police said. In los Angeles about 40 truckers drove their rigs around the Federal building to protest a single tax form the 1099. For Independent contractors which requires them to pay self employment taxes. A 7 protesters in Philadelphia and Pittsburgh demanded that More tax Money be spent on aids research. Demonstrators in Omaha neb., protested the use of tax dollars for the military. Meanwhile Carol Dunn drove to Baltimore late monday looking for an open Post office a a. A a in a irresponsible. I m a procrastinator. I wanted to keep my Money awhile longer a she said. A til probably do it again next year because i have this sense of adventure i like to do everything at last minute unless i have h refund a a a tax Freedom Day set Back for 7 997 Washington apr the ave fridge american who just settled accounts with Uncle Sam for 1990, will have to work 23 Days past monday to satisfy Federal state and local tax collectors this year the tax foundation said monday tax Freedom Day a the theoretical Date on which the average person has earned enough to pay All tax obligations for the year a will fall this year on May 8, the latest Ever the foundation said. That is three Days later than last year the foundation blamed the later Date on last years deficit reduction tax increase the Jan. I Quot Hoost in the amount of wages subject to social Security tax Sharp increases in state and local taxes and the recession. A stated simply tax increases will easily outpace the growth in individuals income during a 1991,�?� foundation economists concluded. Quick Relief in the trend seems unlikely. A the combined pressures of a a persistent Federal budget deficit demands to expand funding for new and existing programs budget crises in numerous slates and the slowdown in income growth could easily make tax Freedom Day even later on our future years a the foundation said. As recently As 1984, tax Freedom Day fell on april 28 a the same As 19711. In the a Good of Days of 1930 a the earliest year for which economists have made the calculation a workers would have earned enough on feb. 13 to pay the tax collector and begun working for themselves the rest of the year. Bushes Quayle both getting Washington apr like Many other americans president Bush and his wife Barbara waited until the last Day to file their 199q income tax return now they Are waiting for a $4,129 refund Check. The Bushes tax forms released by the White House on monday showed that the first family paid $99,241 in taxes Down from $101,382 the year before. The decline reflected a Small drop in the Bushes Overall income a to $452,732 in 1990 from $456,780 in 1989. A main reason for the decline Bush a Blind Trust containing holdings from his Days As a Texas Oil Man reported a $11,822 net capital loss in 1990, apparently reflecting the recession and last years Sharp drop in the Stock Market. Of that loss the president claimed $3,000, the maximum allowed under the circumstances As a tax deduction. A the year before Bush s Blind Trust reported a healthy $36,068 in capital gains. Capital gains or losses Are profits or losses on the Sale of Stock and real estate. Presidential spokesman Marlin fit water said the tax forms were sent on monday a the deadline a to the Philadelphia regional office of the internal Revenue service. The Bushes 1040 form which lists Bush s occupation simply As Quot president Quot and the first lady s ,�?� showed they were due a s14.i29 refund. However the president decided to apply $10,000 of that to his 1991 taxes. The Bushes will get the balance in refund Cheek. Although Well Over half the first family s income still comes from Bush a Blind Trust it also included the presidents $200,000 salary and $1,000 that Barbara Bush made for an article she sold to readers digest last fall on the importance of Reading to children. The Bushes claimed $97,118 in itemized deductions including $38,667 in contributions to 50 charities and $330 to unidentified charities by the Blind Trust. _ Bush also reported receiving $7,042 in royalties from his 1988 Campaign Book a looking both Bushes donated the proceeds from their writings to Charity. Mrs. Bush said separately that her Best Selling Book a Millie a Book a already has earned $625,000 and that the sum was paid directly to a Charity a literacy foundation she established. Fitzwater said the proceeds from that volume would be reflected on the 1991 forms. Overall the couple reported $245,911 in taxable income from the Blind Trust in 1990, reduced to $242,911 by the capital loss. That a Down from the $244,342 in earnings last year including Bush a capital gain. A meanwhile vice president Dan Quayle and his wife Marilyn reported paying Federal taxes of $24,558 on an adjusted Gross income of $121,126. The Quay less income included $1,702 in interest income and $11,742 in dividend income All from Quayle a holdings in his family run Central newspapers inc. The vice president reduced his $123,250 vice presidential salary to $117,307 by contributing to a 401 k retirement plan which allows taxes to be deferred until u. Money is withdrawn. The Quayle listed $3,624 m rt61e contributions and will receive a refund for $1,438 j1c-i? $3,624 in charitable contributions and wid receive a refund for $1,438. They also claimed a $j,65 loss associated with the costs of renting the House they own in Mclean a
