Show i fJ I p on Um w wi i Scored at t Coop Meet The Thc proposed amendment to limit income taxation to 25 of any income regardless of size was branded regressive legislation legislation legislation legisla legisla- tion not based on the principle of ability to pay by delegates to the Utah Cooperative convention convention convention con con- Saturday In a resolution passed during the closing session of oC the two-day two I annual meeting at Newhouse Nc j i I Hotel association m members e em m b bels bel's e r s agreed that few if any persons j i with incomes under per I year would gain any relief from the thc proposal and that such limitation limitation limitation limita limita- tion would raise taxes on all lower incomes to the 25 maxi maxi- mum On the thc other hand they commented commented commented com com- those few Americans making per year for example would save 71 of their present taxes And the thc great majority majority majority ma ma- of farmers and workers who are members of cooperatives cooperatives cooperatives I tives fall in income brackets j which would not benefit i and in all probability would be he harmed by adoption on of the proposal If it is the desire of the American American American Amer Amer- ican people to place a ceiling on the thc income available to their government the r l' resolution e s sol o 1 u uti t i o 0 n stated we suggest that a sounder sound sound- er and fairer method would be beto beto beto to increase the amount allowed for standard exemptions which would reduce the total amount the government could raise and at the same time maintain the ability to pay tax lax principle The convention is scheduled to conclude S Sat Saturday a t u r l' d n a y afternoon with a board meeting and election of officers |