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Show DESERET NEWS, Semi. Moss By DOUGLAS PALMER Beseret News Staff Writer Congress wont be able to tax loopholes or correct1 all inequities this year, but it will pass a bill to help return the- - nation's income tax stfuctuie to the democratic formula of ability to pay. . cl'cse all E. Frank Moss, .Sen. made this prediction today in a speech prepared for delivery at final session of Convention the, State AFL-CIin Salt Lake City. O . I pledge to you that I will iSoldl I can to see that 1969 goes down , , . as the year ! firmer footing when we got on earth and made the sweeping tax reforms which are already so long overdue, Moss said. He outlined extensive I for proposals legislative utlmes Tan Eeforms At changes in the tax laws and for tax relief. said At this mornings session delegates voted to table a resolution which would have increased the salary of reelected president E. Everett Ber- Twe resolutions had been approved at the close of Tuesdays meetings and one was killed. The latter proposed a study of Utah's laws for constitutionality. Murray, from $775 to a month. It was tabled until the next annual convention. ger. $1,000 They also tabled a resolution which would have increased the salary of the secretary-treasure- from r $725 $1,000 a month, and a motion to increase the per capita tax for members . AFL-CI15 to 25 from cents month. This would have covered the salary Increases. Berger, who said he is "not worried about a wage increase or the per capita tax, he would "work hard continue to for the unions. nty-eig- In his address. Moss urged the AFL-CIto become a "spearhead" in the fight for tax reform. He said the U.S. House of Representatives -approved tax reform hill ", . . takes favors away from the tax haven hunters and bestows relief on the poor and middle Income families. In summary, Moss tax proposals would: heirs every year without ever being reported on an Income tax form; eliminate special provisions which permit oil operators and hobby farmers to write off costs. Plug the loophole that permits an investor in state and local bonds to avoid paying taxes on the interest from these bonds; repeal the present unlimited charitable c0n tri $30 million); b u tlon deductions (repeal worth approximately prohibit pt foundations from suing their privileged tax status to avoid estate and gift taxes while maintaining control over the wealth and power that goes with such control of the foundation assets. hand-in-han- d Limit preferential treatment given to capital gains for both Individuals snd corporations : tax the $15 billion in capital gains passed on to Place a minimum tax on exempt Income; repeal the seven per cent investment tax credit on all but railroad roll stock, and repeal the accelerated depreciation on all real estate except for moderate and low income housing. ing recommends closing $8 would of gain billion. In his address Tuesday, A. Moss also discussed four proposals for tax relief, which include: 13, 1969 7 Aeefc AIFL-CB- O a revenue about Wednesday, August Wallace Sandack, the unions firemen. He said a lack of legal counsel, said legislation js needed to protect all public employes, not just police and islation for such employes is one of the serious large areas of default in the state." HONG KONG CUSTOM TAILORS from the tax taxpayers whose incomes are below government poverty-incom- e levels; the maximum Increasing standard decuction from the present 10 per cent to $1,000 maximum, to 14 per cent and $1,800 maximum; allowing individuals using the standard Meleena Fashions Removing rolls W!U TAILOR-MAD- BE LATEST LINE OF LADIES' AND MEN'S GARMENTS AT SPECIAL PRICES 3 DAYS ONLY AU0UST 13th, 14th A 15th Wld., Thun, A Fri. SHOWING E , FOR - Call Mr. K. Oary tram 9i3Q a.m. ta Ii30 p.m. at Utah Hotel 4 ledge, S. Temple A Mein Sti. Phone A Meter 328-911- 1 Our Special Offer deduction to deduct in addition any donations to charity which exceed the three per cent of their adj'isted gross income. said the tax relief measures would cost the U.S. treasury about $7.14 billion in 1970, But hp said loopholes he Silk A Wool Suit 1 Mens Jacket 1 Fair Slacks Moss $9950 New Bsfore $54.00 56.00 54.00 $85.00 90.00 85.00 Pent miss tkis opportunity. Sslsit from ),009 world's finest Impsrtsd fabrics. Alse Indies dresns, cents, bended swenters A keel en display. REDUCED THRU SATURDAY! CSDtHTOffiOJfl Hurry in and Save on these fantastic values for your home! ALWAYS FIRST QUALITY T!h Color mo happy" SAVE 1.981 Panneraft Custom dripless interior latex Or custom interior tint base Rag. 5.49, NOW SAVE 3.961 Panneraft Custom exterior latex pals for Its easy to do a professional looking Job with this paint. 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