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Show Page 8 Holiday Issue, 1967 UTAH FARM BUREAU NEWS Farm Bureau Policies (Continued From Page 6) Dairy Products We recommend that Utah State Farm Bureau Dairy Committee investigate the use of butter and other dairy products at all state institutions. Inasmuch as Utah is a dairy producing state, we feel that dairy products should be used, particularly in cafeterias of such institutions. Research We realize the importance of research to the agricultural people of our state and nation. We feel that research programs carried on by the colleges and universities should include both basic and applied research but urge that emphasis be given to applied research. The control of research programs should continue to be a responsibility of the states, although research in various states should be correlated as much as possible to avoid duplication of work. The universities should give careful consideration as to what problems are to be researched so as to assure the maximum benefits to the agriculture industry. We feel that more stress should be placed upon research for finding new uses for, or new products to be made from, farm commodities. Research in livestock nutrition and veterinary science are also needed. We recognize the value of research projects being carried out at all the colleges and universities of the state, and we urge that they be continued, and expanded where it is practical to do so. j are (left to right, front row) YOUNG FARMERS' and ranchers' advisory committee members for 1968-6- 9 Ken Ashby, Utah; Robert Swan, Iowa; Wesley Hair, Connecticut; Mrs. Barbara Witte, Colorado; Max Lancaster, Tennessee; Will Denton, Mississippi, Dwight Roth, second vice chairman, Missouri; (back row) Glen Wilson, Texas; Howard P. Wackman, chairman, California; James Patterson, Ohio; Sheldon DeLange, Kansas; Norlan Durrant, first vice chairman, Idaho; Henry Comegys, Maryland; David Muzzy, New York; and Archie Coll, New Hampshire. see, the rancher shown hasn't learned yet about a new special income tax ad- vantage for persons effective in 1968. This new regulation allows self-employ- ed , S to deduct the full amount of the premium dollars they pay on retirement plan insurance on their income tax return. Using this deduction can make your present income worth more to you . . . and help you build a better retirement self-employ-ed income, too. Your Country Mutual Life Insurance agent has the full story. He can help you work out a returement plan you can live with . . . now while you're working and live on . . . later when you retire. ... j P P Farm Bureau Insurance is provided by a company which exists for the protection of its Farm Bureau member policy owners, not for the profit of others. So premium rates are kept right down to brass tacks. Find out now about this new tax deduction ruling on retirement plans for persons. Call your Country Mutual Life Insurance Agent . . . He's in the yellow pages. self-employ- ed the company thatgets costs right down to brass tacks I COUNTRY MUTUM LIFE He's his own boss, a rancher . . . but he could be missing a tax deduction s 1 8 8 Kentucky; , time on the local radio stations will be reduced, we express the feeling of this delegate body as being solidly in favor of the present time allowance and ask our officers to make such contacts as necessary to accomplish this purpose. You persons Robert-Broadbent- j Change Ag. From Subsidy To Profits (Continued from Page 3) The current Administration proposal, a substantial income tax boost, would have some Impact but it would be far less effective than a drastic cut in nondefense spending. The theory of the tax Increase method is that it would reduce individual spending. However, the major impact would not be on the lower bracket taxpayers who do most of the spending. To the extent that a tax Increase would slow down the rate of savings and investment, it would hold back production and worsen the situation. Tax increases on corporations would quickly show up in increased retail prices and further accelerate the inflation spiral. It is apparent that the intention of the Administration is to place the full burden of Inflation control on taxpayers while leaving the politicians and tax spenders undisturbed. This seems to be a characteranti-inflation- istic of labor-orient- ed govern- ments.. The recent devaluation of the British pound was apparaccepted as a means of ently meeting a financial crisis without the necessity of curtailing costly socialistic spending programs. We in the United States are probably not far from being forced to make the same unhappy choice, devaluation of the dollar or effective control of federal spending. The people of the United States must make this decision. If left to political leaders, correction of the basic cause of inflation will be ignored while attention is diverted by striking at its symptoms through price and wage controls or other ineffectual actions. Farm and ranch families are more seriously Injured by inflation than those engaged in most other occupations. While it is true that land is a good hedge inflation, the benefit against of this hedge comes to those who were born at the right time. It does not benefit most of the present generation of farm families. To present day farm operators, inflation means excessive land prices when measured in terms of potential net income per acre. It means a brutal cost-prisqueeze with skyrocketing prices for labor, fertilizer, machinery and supplies. It means property tax rates so high that they almost preempt expected income in many cases. To all of us, the present rate of inflation means that cur nation is in grave danger and can only be saved If responsible citito zens convey their concerns their representatives in Congress, Shuman said. ce |