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Show Thursday, May 4, 1995 ' . VV Sun Advocate, Price, Utah 3B Capital gains tax: XS'i t heir income for one year jump into a higher income bracket. (Continued from page 2D) f increased economic activity and more jobs for working Here again, the capital gains tax tends to discourage people from making economic decision that would otherwise be best for them, their families people. . The liberals routinely disparage pleas for cuts in the capital gains tax as a ploy to r3--jf-c enrich the wealthy. But ing capital gains income in 1993 had adjusted gross incomes of $100,000 or less, 74 had incomes of percent hard-workin- and their communities. Nor is it reasonable to suggest that all income should be taxed the same regardless of its source. To the contrary, our country has a vested interest in steering money toward the most productive investments that create jobs and promote according to estimates prepared by the U.S. Department of the Treasury, 83 percent of individual taxpayers report- jtT7,r the gains realized on longterm investments. Rep. J.C. Watts, a Republican freshman, defines the capital gains issue not in terms of helping the rich, but in terms g of his father who buys cattle, raises them, feeds them, tends to them and accepts a variety ofrisks in the hope of selling them later for more than he paid. The capital gains tax hits him right $75,000 or less and 55 percent had incomes of $50,000 or less. between the eyes, punishing him for his investment, hard work and willingness efficiency. Capital investment is the driving force of our economy and is increasingly in demand in the competitive world marketplace we must compete in. In order to encourage individuals and corporations to invest and put serious capital Thus, capital gains activity is largely a function of middle income investors looking for creative ways to improve their financial condition. Further, they are likely to be victimized by the capital gains tax when they realize profits from sale of a house, business or farm that makes into risky ventures, our income tax system should provide preferential treatment to once-in-a-lifeti- Labor union, mail carriers plan statewide food drive i &Vw "W , , 1 Vi ? , ' V ' ' ' h r 'T"'1 '' . V U v a v u. s&?afato- mrihf3 3 v' - l :., V-r- - .... ? v i w t mr 4$. L Association to present first horse show Castle Country Horse Show Association will have its first show May 6 at Carbon County Fairgrounds. All age groups will be offered. Signup is 8 to 9 a.m., with showtime at 9 a.m. The shows are open to anyone having a mount or anyone wanting to enjoy a day watching horses and riders. Entry fees per event are nominal, with membership required to keep points. At the end of the show, a surprise event will be featured. All around prizes will be given along with first place prizes and ribbons. Events include showmanship at halter, poles, Western pleasure, barrels, reining, keyhole, English pleasure, long barrels and special event. For information, contact Joyce Worley, Roslyn or Donna Motte, Phyllis or Gary Gray. AFL-CI- O, Used O Organs Starting at Offer Ends Saturday MUSIC S8 E. Main, Prlca ESu( This Space Reserved for your Message Call Nicole 637-073- 2 APPLfANCEHREPAIR and take advantage of our -8- Advertising Special HEW LOCATION 20 E. Mtfn, Prfct 637-906- 0 Pad Pugllw J:30-B:0- 00-4-REPAIR (1 OOO 473 7247) ANYTIME! 0 Coast to Coast. Mon, thru 195 E. Miln. Cacti Del , Cody Autln Frt Cfoetd ALL TYPES OF AUTO any phone Our Graduate Baby Photo Page will run in the Sun Advocate on June 1, 1995 COMMNET4CELLU1AIU. Local Technicians In Price & Emery CHIROPRACTO Carbon Chiropractic DR. M.K.THAYN 39 N. 600 E., Price t IMI1BMWH ' Chiropractic Clinic Dr. Craig R. Now Open 5 Days in 9 6 pm 637-462- REPAIR Tractors, Balers, Hay Wagons and All Farm Machinery Dunn SANDBLASTING Price Horse Trailers, Truck Beds, Boat Trailers, All Other Needs 55N.600E. 637-045- 0 MINE HYDRAULICS 1 Hwy 29, Castle Dale Inturanc Welcomed Member Chiropractic Health Plan PRICE BILL SHEET METAL Air Conditioning Heating Boiler Refrigeration Ga Witer Hotter Coal Oil Sal Srvlc Commtrclal A Ridntlal WE SERVICE ALL MAKES A MODELS So. Carbon Av, 24 HOUR SERVICE MIKE Pric 0 CHILD 9 1NSURANC BRADSHAW THE PRICE INDIAN STORE ICAtfHELpSAVEYOU CKIEYOIIYOUR CAR Hsvtnf Allstate Homs Insurance could save you up lo 15 on enr Insurance! CB about tbs Allstate Auto Advantage. Mark A Kathy Jiwtlc . . 38 East Main, Price 637-844- 0 (Next to Pric Thaitre) Open Mon. SaL 9:30 am 5:00 pm mML Fine Jewelry Repair Done On The 381-50- 1 HEATINGT&XOOUN 594 Motorola Phone lequtee rw edhtokn aid e 12 na onto egnement nHh Commnat CoMuhr Phone Call Today T In Specializing T LCHIROPRACTO stock In Authorized Agent ol Now do STATE INSPECTIONS & DAVE 1 CtUuUxCcUiwUMt MOO Off Special Intro. Offer bH,j REPAIRS BUTCH PHONE CELLULAR' AIRPORT AUTOMOTIVE SERVICE SEARS 1 LOW, LOW CARCAR For Service Call: Heres your opportunity to show your Graduate's Baby Photo to relatives, friends and neighbors. 4 APVERJISEJiER SERMIGE vbmtdfwwtdA tAwiA, almleb and &iiendb IB AFL-CI- OI ePatemfo, A the BARGAINS Community Services and labor union members will team up with Utah letter carriers and the United States Postal Service to head a food drive for community pantries. Last year, the letter carriers collected 300,000 pounds of food, donating 6,300 hours. This year, with the aid of local trade unions, they hope to double collections in a statewide effort. The food drive originated 17 years ago in Arizona. Utah has joined the effort to replenish the food banks that distribute 1,500 emergency food boxes per month and usually run out by July, pointed out Michael Lester, liaison, education coordinator of AFL-CCommunity Services. to According organizers, this will be the only opportunity residents will have to to send a package with no Carbon County due. postage On May 13, to accept risk. If we must have any capital gains tax, it should be much lower than that on regular income. 285 S. Main, HuntlngtonQTQ0 Auuri' in Knod huwie 3 Subject to local availability ao4 qualifications. Allstate Insurance Company, Northbrook, IL REAFESTAT 1 Gntuok T-- k I Premises dbudM fLwdm K CASTLE LAND iiM d a REALTY Carol Eaqulnto, OwnerBroker 590 E. Main, Price UT Specializing in Engagement and Wedding Rings 637-474- 4 Mmbr ol th 9 East Main Street, Price Million Dollar Club lnc 1969 fSEWINGTMACHINE We clean, oil and adjust all makes sewing machines and repair all makes vacuums. WESTERN SEWING 2840 S. HWY 10, PRICE 637-154- 6 SOinda 4 eUBeaufyue 637-154- 6 345 So. WESTERN SEWING & GIFTS 2840 S. HWY 10, PRICE 1t EmI, Pric, UT New 10 min. Tanning Bed MOTHERS DAY SPECIAL 17 Sessions $25 ' Jafra Conaultant E'ola Drop Linda Trauntvtln 5 4 V |