The Independent-News, Volume 87, Number 25, Walkerton, St. Joseph County, 20 June 1963 — Page 12

12

— THE INDEPENDENT NEWS — June 20. 1961

Questions And Answers On Sales Tax From Department Os State Revenue

Following is a li>t of questions and answers m >st frequently a >k- » | th ■ I lepartment of Slate lb v enue concerning the Sale 'lax t n I ahana. All interpretation set forth of Du Sale oi Use Tax set forth in thi- bulletin, oi m these ins' • ,ctions mth • question- and answei me issued on a tem- । .>i ai y base-, bw will b< ahni < d 1 > rd appa*-i unto changed m i s< ind' 1 by tht 1 >cpat m.ent t S'ate R< . "nt: or until icplm >d by odn nd i • mil.it ion or nulhfit <1 by < our' dei i ions or ofln lai opmr n o : 1 • A' torney Gent ral. Q. Wb.t n will people have to s'art paying the sales tax - .’ A. July 1 t t > ('an sL ,i 's stal l collet ting it earlier'.’ A. No. t How much, will the average pel son have to pay? \ Two per cent or two cents on every dollar, Q When d> you have to pay t ie first p -nny? A. Any purchase up to 24 cents v >u pay no tax However, you pay o ie penny sales tax on any purt >ase of 25 cents and two cents sales tax on any 75-cent purchase. Q Is there any chance the s' at • may change this ? A Yes If it doesn't work out ■ tisfai tordy. the state can either i ise or lower it. However, the p 'ople will be given plenty of i . >tice. q. Do s the retailor have tn I it the sales tax m .ney he c ,1I ts from customer- aside for t'e state? A He can if he wants to, but it isn't required. The state will < dlect 2 per cent of his gross retail sales. Q What items will y,,u have to piv sales tax on ? A Practically everything an i' dividual pun hasps. If it is tanv hie if it is personal and if it i sold at retail by someone in the i tail business, you have to pay sales tax on it. Q. Are there any exemptions? A. There are nine principal exemptions i1 i Feed, seed and mac linery sold to farmers; i2> noni tmnabl ■ containers such as wax c mtainms for milk; 131 Sale of newspapers; <4l anything a bus, ( in<' or train company buys for t anspoi tation: (5i sales to the s'ate. cities, towns or schools; (61 s' les of equipment to maMufact lets to be used in production; (7 > s< hool meals to school child n and school employees on the s !iol premises; (8i sales and punh isc by companies now cxe 1 empt by ti • gress income tax. sei h as church and charitable o’mnizations, and intei -tati

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commei < e Q What about . rvii.es? A You do not have L> pay a tax to go to a in 'Vie. oi to a baseball game You don't have Lo pay a sales tax to get y<>ur pants pressed or your clothes cleaned These al t .-el vice-'. You co not have to pay fa transactions or real estat' when you buy in old houst However if you build a I land new home you mu t pay a tax on the mat i lai used What ab ut lawyers and doc t, >rs ? A You do not have to pay a sales tax to any professional man, lawyer, do< t r. dentist or acc.untant. kj 1 low about it a p< i son buys a coke oi glass of beer ioi Io cents? A If tlw person sits down and pays for each glass each time, he can drink one hundred or two hundred and not pay any sales tax. but the retailer must pay a 2 per cent sales tax on the gross. Q. Is there anything a retailei or merchant must do to prepare for the sales tax? A. Yes. it is urgent that he obtain a retail merchant's certificate with a number on it. Q. How does he get it? A. You can get an application from any bank or from the Stat • Revenue Department, 202 State Office Building, Indianapolis. Indiana. Send the application to the State Revenue Department in Indianapolis with a fee of $3.50. It is urgent foi everyone who buys or s 41s anything - retailer.-, wholesalers and manufai tuiei - to have a number. It in doubt, file an application anyway. The Department is determined to administer thi- act as efficiently as is humanly possible and not to require the taxpayer to expend more money than is necessary oi to take in any more paperwork than is absolutely necessary. The two hunters were lost in the snow-covered woods with only one. rifle shell left. One of them took it and his rifle and went out in search of food. He had gone only a short distance when he found himself face to face with two wild bears. Spinning on his heel, he raced ba< k to the camp' the bears in hot pursuit. Just as he reached the tent, he stepped aside quickly, and the two ferocious bears Charged headlong into the tent The hunter closed the tent flaps, then shouted to his companion in the tent: “Skin those two right away whil I g.> look for some more!"

Insurance Story Cited By Local Agent Whethei you are watching a tilesi.ion program in your living i<> m, buying a new house, driving to wmk, or just putting two sin es oi bread into an electric toaster fi r breakfast, there is on.' industry that plays a key role in making' all ul these things po - .able a The link is insurance These acti\iti"-, and many more, ranging from homvowning t > operation of the large t businesses and inustries reflect some facet of insurance in action. “Almost everyone is generally amiliar with thr. way insurance protects us against risks," says Branson Hiatt ot the Hiatt Insui nee Agency. “we can insure ourselves, our homes, our cars, property, our business, livestock just about everything against every conceivable loss, disability’ or liability The hartford Insurance Group which we represent in Walkerton, writes hundreds of forms of insurance covering everything from stamp collections to atomic reactors.’’ But risk protection is only one facet of insurance todny and because the role of insurance has become so broad, The Hartford Insurance Group has launched a public understanding campaign to tell people about the industry’s role and responsibility to the American econ my. The story is being presented through a scries of national magazine advertisements (TIME) aimed at key business and industry leaders throughout Ihe c unt ry. Referring to informalionn contained in the Hartford series, Hiatt sai<l 'Most of us don't realize that when we watch television >,r use an electric toaster, we are bung indirectly protected by insurance. “Eh-i i ical equipment and many other devices and materials that we use every day are manufactured to safety standards set by Undei writers’ Laboratories, Inc. This is a non-profit organization created and supported by major insurance companies, such as The Hartford. “Through testing and research programs by the UL and the cooperation of manufacturers, our lives are much safer. “Our jobs are safer, too." Hiatt says. “Insurance companies cooperate with company management to reduce the number of industrial accidents. This is accomplished through education, research in design of machinery and equipment for safer opr-a-tion, training in safer Work methods and elimination of hazard us procedures. At the same time the insurance industry is aware of the problem of the crippled employee. It is providing medical help, physical training and job trainng to injured workers . . . helping men regain their earning power, confidence and self-respect. “How many of us realize, too, that where we live, where our children attend school, th? very streets and highways on which We ride are often to a considerable degree the result of insurance?"

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Insurance policy premiums are invested in a wide variety of public and private housing, home mortgages, factories, highways, brigges. water supply and sanitation facilities, schools, pipelines, shopping centers and transportation. Equally dramatic is the disaster plan through which the insuranC'‘ industry hurries aid to areas stricken by catastrophic fires or windstorms. Adjusters, engineers and other specialists, rushed lo the disa t< i seen.', work dav and night to bring ;about fa 4 fair settlement of thousands of claims and thus lighten the burden on catastrophe victims. “Few industries contribute as much to our well-being as does insurance," concludes Hiatt. “I've ■ long felt that people should be r"minded of the wide range and magnitude of insurance company activities in the public interest. I'm pleased that the Hartford Group is doing this.’’ Truth may be the best policy, but many ar * of the opinion that it’s not as convincing.

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SERVICE NOTES USS ARCADIA — Ronald Ellis, seaman apprentice, U> son of Mr. and Mrs. Robert Ellis of 702 Roosevelt R< Walkerton, is serving aboard drstroyer tender USS Area which left Newport, R. I. J 5 for a four month tour of d with the Sixt.. Fleet in the M iterranian. While with Ihe Sixth Fleet. ' Arcadia will repair and maint the many destroyers assigned patrol in Europe and the N East. She has more than 47 different types of supplies and pair parts in stock and is eqi ped to handle nearly any rep problem. During her Mediterrnaean < ployment, the ship will visit s oral Southern European ports. The Arcadia is slated to reti to Newport, her permanent b of operations, in October.