Decatur Daily Democrat, Volume 59, Number 86, Decatur, Adams County, 12 April 1961 — Page 12

PAGE FOUR-A

©GREAT (wl , TIMES LINCOLN **■«**( DAVIS CALL FORTH GREAT MEN It is a pleasure to salute the .... Banjul CERTJujjj^ 5 •~C t • It was a time of great men.... A time of great deeds.... And it sparked the growth of a great nation. ■: ■, - . . •«’ • .... • - «•. ' • '• • ... ' _ '• ' • • _ cVi . ~ ’ } WKBM BA M MMf Mr — mfem MM mUm §§Lj lOP imlk DOLLAR Hi HHI HH Hb h» mm ».• ™ •'"""" ■ J r ; ... ■ * • ■ ■ v; • 1 ' ” DECATUR, INDIANA ■?»*. •■■■.■' .. .RANT \ ■ ■ " ' ... 1- ' J* •

THE DECATtJB DAILY DEMOCRAT. fIECATPIt, BPMAHA

Tax Hike Is Bugaboo To State Politicians

By EUGENE J. CADOU United Preu International INDIANAPOLIS (UPl)—Higher taxes in Indiana in 1963 is a political bugaboo that scares both Democratic and Republican leaders these days. Nearly all informed politicos agree, at least privately, that the days of deficit financing in Indiana are ended and that additional revenue will be needed to finance state government two years hence. A State Tax Study Commission has been set up to discover ways and means of additional taxation, but the real decision will be made by the politically-alert Democrats and Republicans in’ the next General Assembly. Favor Industry Tax The Democratic chiefs, including Sen. S. Hugh Dillin, Petersburg, Senate president pro tem, insist that part of the additional revenue that will be needed by 1963 should come from a tax on

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out-of-state sales on the theory that concerns shipping products out of the state are not bearing their share of the tax burden. This contention is disputed strenuously by the Republicans and such groups as the Indiana State Chamber of Commerce and the Indiana Manufacturers Association. Their spokesmen contend that Indiana will lose many large industrial concerns if a levy of this nature is imposed because of low margins of profit. A number of the GOP conservatives secretly are advocating a sales tax to supplement the present gross income levy with possible exemptions for food and clothing. This bas been a most unpopular tax, involving the accumulatin of loads of pennies by purchasers. Nevertheless, the sales tax has become a permanent part of the taxation system in many other

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states, including nearly all of Indiana’s neighbors. Double Gross Levy Another alternative, proposed by the Indiana Farm Bureau during the recent legislative scsjion, was doubling the present gross income tax. That type of tax hike was adopted by former Gov. Harold W. Handley in 1957 with disastrous results for the Republicans in the 1958 election. The next biennial budget may total as much as $1.5 billion if ordinary expansion of government services is financed and no other unprecedented additional expenditures are made, according to the financial experts. The state surplus cannot be teduced much further because it is near a dangerously low level now, these investigators say. • So the politicians are shaking in their boots when they think of the near certainty of higher taxes in 1963. That worry will be the penalty of the party that captures the next state legislature. And the politicos are well aware of this.

WEDNESDAY, APRIL 12, 1981

James D. Bulloch, secret agent of the South overseas In the purchase of ships for blockade runners and commence raiders, was Theodore Roosevelt’s uncle. Until his death early in 1862, ex-President of the United States John Tyler was a member of the Confederate Provisional Congress. Three of Henry Clay’s grandsons were in the Union Army, while four joined the Confederate Army. , The typical Civil War soldier was a farmer between 18 and 29, a sample of statistics shows. Philip St. George Cooke, a Regular Army officer at the start of the Civil War and a Virginian, remained with the Union Army and became a major general. His son, John R. t became a Confederate brigadier. His son-in-law was Maj. Gen. J. E. B. Stuart, Lee’s cavalry chief.