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Show The Tooele Transcript, Friday, Jan. 4, 1974 "w uvDJXiaiija v. BPW Holds Christmas s Party The Tooele Business and Womans Club met December 19 at the Glowing Embers Restaurant for their Christmas party. A delicious dinner was served to 42 members Issued cac! Friday at Tooele City, Utah. Second Class Postage paid at Tooele, Utah. Published by the Transcript-BulletiPublishing Company, Inc., 5.S North Main Street, Tooele Cite, Itah. Address all correspondence to Bos 390, Tooele, Utah 84074. Subscript ion rates 10 cents per copy; $7.00 per year PUB1.ISI I ED In Transcript Bulletin Publishing Co., Inc. JOI.I, DENY Editor JACK TRANTER. Associate Editor ETHEL li. II l GREY Business Manager Professional and guests. Musical numbers were presented by Mrs. Fay Connell and Mrs. Roxie Dobson, who sang Christmas carols from three foreign countries. A Christmas reading was given by Mrs. Velda Hancock. The Senior Citizens Center will receive the clubs Christmas donation this year. Chairman for the party was Mrs. Ann Russell. Assisting her were Mrs. Tish Staples, Mrs. Barbara Chidester and Mrs. Flourine The Voice Of Business The Time Bomb Under Social Security Fowler. By Arch Booth executive vice president of and this makes their resolution the Chamber of Commerce of endlessly complicated. the United States, Arch Booth One might also question the serves as a spokesman for Amerimorality of Congress raising the can business. The National ChamSocial Security tax for the rest ber federation represents an un- of us, while exempting itself, derlying membership of rn "re its employees and the employees than 5,000, (XX) business firms, of the Federal Government. Caleen Outzen and Mark E. Arnold are making plans for organizations and individuals. THE PAT answer is that an early summer wedding. One year ago I wrote a colgovernment employees have their umn warning that Social Securown pension plan, to which ity taxes were going up, effective they contribute a part of their with your first paycheck of the pay. Well, so what? Many emnew year. ployees in the private sector It looks like that is going also pay into private pension to become an annual tradition. plans, and they have to pay SoMaking plans for an early LAST YEAR both the tax cial Security taxes, too. Federal June wedding are Caleen Outzen rate and the wage base (amount employees are now the largest and Mark E. Arnold. Soof money on which the tax is single group exempted from MAKING KNOWN the encial Security taxes. of their attractive paid) went up. gagement Between the moral questions, This year, its just the wage young daughter are Mr. and theres a practical Mrs. Keith V. base thats being raised from moreover, Outzen, 427 North for reason worrying about the First East, Tooele. $10,800 perhaps to as much as $13,200. In other words, if you Social Security increases. Mr. and Mrs. C. C. Arnold, Social Security recipients are also of make more than $10,800 you will Tooele, are parents of be paying more Social Security now getting back far more than the hit lire bridegroom. tax in 1974. The maximum they paid in Social Security taxes is in her The bride-elec- t amount of the tax goes up from during their working lives, even senior year at Tooele High School $631.80 to $772.20 for an em- counting interest. The most a where she is serving as student-bod- v ployee. His employer has to worker could have paid in taxes business manager. She is since the program's inception is also match that. a member of the National The new tax increases are $5,271. At maximum 1974 beneHonor Society and is active in Meet Jonathan Allen Young, fit levels, in a little over 18 e needed to finance a other student affairs. son of David and Jo Ann months this worker would get increase in Social Security beneARNOLD MR. graduated fits voted by Congress. Benefits back everything he put in. Young. He arrived at the from Tooele High School where ZPG vs SS Now, heres he was enrolled in the will go up a total of 11 percent. Valley West Hospital Dec. sports 21 and weighed in at a husky SOME 30 million Social Se- the real problem. Todays higher program, excelling in wrestling. of benefits seven pounds 12 ounces and out are being paid He attended the College of curity recipients will get the measured 20 inches. Happy increase. The bill for it will have higher taxes on todays workers. Eastern Utah at Price from which to be paid by the 20 million The system jworks fairly well as he grandparents are Mr. and graduated with high honors. Mrs. Allen Stoddard and Mr. as there more are long who $10,-80than earn more people people He is now attending the Univerand Mrs. James Bud Young, working, and therefore paying of Utah. sity Social Security taxes, than there all of Tooele. Ahead of Inflation ConBut what BUSINESSMEN benefit are beto what is recipients. trary commonly would happen if there were more lieved, increases in Social SeMany of the best potential Lily benefits ahead of are recipients than working taxpay- business leaders in our country curity way Raias has in the inflation. For example, between ers, happened wil) never surface because theyv have turned off on business in ' January, 1970 and July 1,1974,' lroad Retirement Program? As you probably know, our their Meet 8 the Consumer Price Index will youth. We 'are losing to has been have increased by a little over birthrate dropping our competitors in this league 24 per cenf. In the same period, sharply. We now appear to be education, government, research, Members of the Sand Lily Social Security benefits will have headed for a zero population social services, professions, traCamp Daughters of Utah Piogrowth sometime in the future. vel, doing nothing. They are neers will meet Tuesday, Jan. 8 gone up 68.5 percent. ZPG is desirable necesA column like this will get siphoning off too much of the at 7:30 p.m. at the home of Mrs. for many reasons. But talent needed for future me letters some of them heartsary Anna Mae Evans, 257 North generafrom Social Security it has the potential for raising tions of able business leaderFirst East. rending beE. L. Nicholson, PresiThe lesson will be given by recipients who have led exemp- havoc with Social Security, ship. lary lives and believe they de- cause there will be fewer young dent and Chairman of Board of Alice Fenton. All members and serve the increase. Its hard to workers to support a larger aged CNA Financial Corporation in interested ladies are invited to speech to Pennsylvania Chamber attend. quarrel with that. The problem population. WHAT HAPPENS then? Will is, the government cannot give anyone anything it has not first the smaller (relatively speaking) taken away from someone else. working population be able to SO WHILE there are uncarry the burden? Will the rek in cipients stand for a doubtedly people who deserve the benefit increase, there are payments? Will the system colalso people who do not deserve lapse? These are very serious questhe tax increase necessary to tions. Someday, we will be forpay for it. ced to answer them. Until then, As some philosopher said, most debates about values are not de- it looks like Congress will go on bates between right and wrong raising both the benefit levels . and the tax, as though theres but between rights and rights As Wedding Plans Made Known Home For The Holidays Press ( logl.t sown P.O. 2nd Class Brent Johnson and wife Elisabeth and son spent the holidays with parents Mr. and Mrs. Kav Johnson and Mr. and Mrs. Morris P. Manchester, all of Tooele. While they were home Mikeal had an early party for his first birthday which is January 7th before returning to Albuquerque, New Mexico, where Brent is serving with the Navy. Sand Camp To . f Jan. fenytfis. reafar fencjtf. weiyfil. its cheaper. Special Buys This Week: 1972 Pontiac Sielux Lemons Loaded, white and yellow no tomorrow. I gave No when a U.S. Mint roof leaks. up being an atheist. Friedman jt really runs into money! Shelbv Friedman holidavs.-Shel- bv - Skylark and white 1969 Pontiac LeMans sedan, green 1969 Chev 'i-to- n Very Pickup nice. vs fereen These units are dl economy units and are dl priced Below Book 17 cut-bac- ar Buick brown mm ffl w oaaffl) mmm SEGEBf 3 e gum SUNDA 8 PfiTh'O (JMIQ .V fgqhesSqw aflDOIBQ f THE ySoeSsftl&?ci ogfc mnCTn-TH- T its the Best il I I rS, trims, li suites and reyufar 7U, L. rofses 44 East 1st North Tooele, Utah Dealers for: Cadillac, Buick, Pontiac, Opal and GMC tracks. Also a large selection on choice used cars. Both small cars and large cars. If you are looking for an economy car look at the Buick Opal or the Pontiac Ventura. Mr. Barras has been selling cars in Tooele for more than 45 years and you can depend on what he tells you and he will appreciate your business.. v:. 1969 frusfied-ntjlo- n. L one two-stag- 0. woof fa&e ntjor and Mi-ke- al Live in the past, Joe Pruett s fur and fa!far io 16. .V se.s ounye wear, ca sual and dressy. and fony fuifted and ficft- - Jjant do its p fa ids, tweeds, ffora and sofids. djtes V |