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Show THE SALT LAKE TIMES FRIDAY, SEPTEMBER 24, 1971 National Committee for Small Business Tax Reform Established Census Bureaus New Pocket Data Book The National Small Business "Discriminatory tax laws and Association, speaking for small regulations now on the book, exbusiness firms, which number in cessively high interest rates and excess of 16 million owners and the lack of risk capital are now self employed, announces the stifling small business and pre- formation of the National Committee for Small Business Tax Reform in Washington, D.C. The committees purpose is To mobilize the entire small business community to bring about urgently needed tax reform and remove inequities. The committees is dedicated solely to the small business tax simplification and reform legislation which has been introduced in both the venting it from increasing employment. In order for business to live and grow, whether a retailer or newspaper, it is necessary that it have capital The overwhelming difficulty of accumulating capital for machinery and property to support employment anod for growth now points up the alreadly known fact Small Business Tax Reform not subsidies is urgently Houses of Congress. needed! Small Business Tax SimplifiAlthough the legislation concation and reform legislation is tains more than 40 substantive introduced in this Congress by provisions, just three of them Senator Alan Bible .) will produce salutary benefits. and Rep. Joe L. Evins Assuming these three are now As of this date there are over 145 adopted: on record and public announced Reduction of the normal tax sponsors and supporters of this from 22to 20 per cent; increastype of legislation from both par- ing first year bonus depreciation from $10,000 to $20,000; and, ties and in both houses. Edward Larson, President of establishing permanently for the the Anderson Company, Gary, small business the investment Indiana, is chairman of the Na- tax credit of $50,000 for manutional Committee. Mr. Larsons facturers, $10,000 for other corfirm, a manufacturer of wind- porations, and $5,000 for indishield wipers and other auto- viduals, (N-Nev- (D-Ten- n.) motive parts, markets products in some 200,000 small and medium size wholesalers and retailers in the U.S. Mr. Larson has long favored equitable tax treatment for the small firms in order for them to enter and remain in business, to grow and remain competitive, because the real growth in employment must come fro the small business sector and service industries. In accepting the chairmanship Mr. Larson said, The National Committee for Small Business Tax Reform offers small business the opportunity to unite and attain the goal of significant Tax Reform and Simplification. How much will be done and just how meaningful such tax reform will be depends upon how aggressive and how unified small business becomes and how well it presents its case. be Tax decreases over 1970 will For a manufacturer with $50,-00- 0 taxable base $5,500. For a wholesaler, retailer or construction firm, same base $2,600. If the above were taxed as individuals (same income) $1,600. If provisions to increase the s deduction for self employed are adopted, an increase of from $2500 to a maximum of $10,000. self employe individuals including professional men with a taxable base of $100,000 could have an annual tax reduction of pen-son- $5,300 . The benefits from enactment of Small Business Tax Reform will go directly to the 16 million owners and others receiving relf employed income who constitute 98 per cent of all American industry and commerce. If you want to read all about: The number of people in any state and their characteristics as shown in the 1970 Census; or The exodus of Negroes from the South, and where they have gone; or, The average size of the nation households; or The number of housing units in the Unitted States and in each of the state; or, A host of other things about the United States, the individual states and their cities, and about American business, manufactur-in- , voting, ctr, in what is hoped is an attractive display, then buy a copy of the just issued Pocket Data Book USA 1971, a publication of the U.S. Department of Commerce. The latest Pocket Book features the 1970 Census of Population and Housing. It presents tables showing the number of people counted in the census of each state, in many cities, and much data on the characteristics of these people and on their housing. The book also hows how the U.S. compares with other countries in population, births, deaths, defense expenditures, and other matters of interest. The Pocket Book ccvers not only census findings but is a veritable storehouse of information on virtually all aspects of American life. Another feature is its price: $1.75. Copies may be purchased from the Supt. of Documents, U.S. Government Printing Office, Washington D.C. 20402. Gas and heartburn? contains a unique antigas ingredient, Simethicone. Di-G- el This unique discovery breaks up and removes painful Your relief is more takes complete because the acid and the gas out of acid indigestion. Get Di-Gtablets or liquid today. Product of Plough, Inc. gas-bubbl- es. Di-G- el el Page Three Prospectus of Utah Stars, Can They Retain Championship? A championship in the first Fields, a 3 guard from LaSalle major and Rick Fisher, a 5 forward 6-- year of operation by a league professional team? That is the way the prospectus for the 1970-7- 1 Utah Stars and after the smoke had began, cleared away from 84 grueling regular season games and 18 crucial playoff contests, sure enough the Stars changed the question mark to an exclamation point and reign as 1971 Ameri-ra- n Basketball Association lead- ers. Not only did the Stars become the first major league club in any pro sport to win a title in its first year, but the Utahns ex- celled at the box offire as well. The Stars in 42 regular season home appearances attracted 262,-34- 2 fans to break the previous ABA first year record of 254,-16- 3 set by the Carolina Cougars in 1969-7More impressively, the Stars exceded by nearly 0 the NBA first year attendance standard of 212,362 set by the Milwaukee Bucks in 1969. Another 100,895 fans swarmed the Salt Palace for nine playoff games to increase the total home attendance for the year in 51 games to 363,237, an excellent average of 7,122 per opening. That leads to a most obvious question, then: What do the Stars do for an encore in the upcoming 1971-7- 2 campaign? No club in the four year history of the ABA has defended successfully the league championship, but that will be the goal of new Stars coach LaDell Anderson, a most successful college mentor who is just beginning in the pro ranks. Anderson, who posted a 176-9- 6 won-lorecord at Utah State while University guiding six of his teams into post season tournament berths, inherits a team leaded with young veterans bent on improvement. It will not be an easy task for a rookie to crack the Stars lineup this season, but the top first year candidates appear to be Lee Dedmon, a center from North Carolina; Bobby L. 0. 50,-00- st 6-- 10 6-- from Colorado State. Not to be forgotten in the Stars try for a second straight league crown is club president and general manager Vince Bor-yl- a, noted for his shrewd trades and assistant coach Larry Cre-ge- r, who provides Anderson with great knowledge of the pro game, which should make the rookie coachs transition from the college to pro ranks much easier. Polluters Must Report Oil Spills to Federal Government All oil spills in water regardless of the amount of oil involved must be reported immediately, John Green, Regional Administrator of the Environmental Protection Agency in Denver announced. The requiremets that those who spill oil must report such spills, and take full responsibility for mopping up after a spill, are found in a 1970 federal oil pollution law. The law provides fines of up to $10,000 and prison sentences of up to one year for anyone spilling oil in water and failing to report the spill immediately. Another fine of up to $10,000 can be imposed on anyone knowingly discharging oil into water. Green, whose region includes occurring in water in these state should be reported to his office in Denver immediately. The number to call any oil spill is (303) The Environmental Protection Agency will provide technical assistance in cleaning up oil spills as well as techncal assistance on how to avoid spills when handling oil. We would rather see the spills prevented and are prepared to inspect oil handling operations and recommend preventive measures that can be taken. Utah, said spills 837-388- 0. of Passion Tulips--Flowe- rs of the week. For A New You . . . Use Dairy Foods Not only did a certain Turkish emperor in the 16th century value his harem of voluptuous young girls but he also valued their reaction to what was considered the most beautiful and sensuous of flowers, the tulip. From contemporary accounts, the Sultans harem was made to dance around a courtyard filled with tulips once a year. The girl whose appreciative gestures, movements and cries seemed to the Sultan to be the most truly indicative of passion and responsiveness was taken to his private apartments! To this day the tulip remains one of the most beautiful and romantic ilowers in the world hats KtppHC WH6M 6E&A0 KWN5HT OF GARDEN SKILLET 8 servings Large covered skillet cup (1 stick) butter 6 small zucchini, cut in 14lnch slices 1 medium.head cauliflower, separated Vi - A into small flowerets 1 green pepper, cut in strips 1 tablespoon instant minceid onion SSSSSSS Ol P Jl M rum helmet y salt 2 medium tomatoes, 1 teaspoon garlic cut in wedges Vi cup grated Parmesan cheese ssr , gssszz 22 LIFTED VIS0P.J TO 2 PFMi to PriAp S; (J ' I. apart. Proceed as above. For additional FREE Dairy One Pan Budget Meals recipes write: UTAH DAIRY COMMISSION 449 East 900 SouthSalt Lake City, Utah 84111 . |