Indianapolis Times, Volume 39, Number 243, Indianapolis, Marion County, 17 February 1928 — Page 9

FEB. 17, 192S

AUTO IS AID IN PARING DOWN INCOME TAX Provides Seven Possible Exemptions, Hoosier Club Points Out. An automobile is a big benefit to Indiana Federal income tax payers who own one, according to Duane Dugan, Hoosier Motor Club president. There are seven possible income tax exemptions for an Indiana automobile owner, according to Dugan. "First there is the gasoline tax of 3 cents upon every gallon of gasoline purchased in this State. The average motorist will get about ten miles to the gallon of gasoline and will drive about 5,000 miles a year. This will make a deduction of sls. Deduct License Fee "Second there is the annual license fee paid the State which ranges from $5 to $lO. “Third, the State personal property tax, and for trucks there is a municipal tax. “Fourth, the interest on money borrowed for the purchase of an automobile. "Fifth, 20 per cent a year for depreciation may be deducted if the car is used wholly for business purposes. If the car be used chiefly for business purposes or more than 50 per cent for business, the expense may be deducted on a pro rata basis. “Sixth, loss sustained by reason of damage to a passenger car while being used for pleasure is deductible under a recent decision handed down by the United States Board of Tax Appeals. The loss, however, must be an actual loss to the person claiming the deduction. If the loss is compensated by insurance or otherwise it is not deductible.

Some Can't Be Deducted "Seventh, the bureau also has ruled that where a motorist paid damages for injury to a pedestrian, such amount is deductible, provided at the time the injury occurred the car was being used for business.” These items cannot be deducted from your income tax return: “Fines paid by a motorist when the car is operated for business or professional purposes, or for pleasure. “The purchase price of an automobile, whether used wholly for business or pleasure. “The 3 per cent Federal war excise tax on the wholesale value of new cars, which is paid by the purchaser.” Rat Puts Out Light* By Times Special HUNTINGTON, Ind., Feb. 17.—A rat, which entered a hollow lamp post here became entangled in electric wires, causing a short circuit which put out lights over a considerable area. Workmen experienced considerable difficulty in locating the rat’s body. Mothers, Do This — When the children cough, rub Musferole on their throats and chests. No telling how soon the symptoms may develop into croup, or worse. And then's when you’re glad you have a jar of Musterole at hand to give prompt relief. As first aid. Musterolc Is excellent. Keep a jar ready for instant use. It is the remedy for adults, too. RelieTes sore throat, bronchitis, tonsilitis, croup, stiff neck, asthma, neuralgia, headache, congestion, pleurisy, rheumatism, lumbago, pains and aches of back or joints, sprains, sore muscles, chilblains, frosted feet and colds of the chest (it may prevent pneumonia). To Mothers: Musterole is also made ia milder form for babies and small children. Ask for Children’s Musterolc. Bttltr than a maitard ptaatar Pale, Languid, Weak, and Very Nervous Lady Tells How She Felt After a Serious Sickness and How Cardui Helped Her to Recover Strength. “Shortly atfter I was married,” says Mrs. F. R. Shanz of Palmer, Texas, “I had a spell of sickness which put me to bed. My husband’s niece came to see me, and after a friendly talk, she convinced me that what I needed was Cardui. My husband got it for me, and from that time till now, whenever I have suffered from weakness I have depended on Cardui and it has never failed me. It is a grand medicine for women. “Early last winter I was ill with the ‘flu.’ This left me in a very bad shape. I could not do my house work, and was confined to my bed for days at a time. I was pale and. languid and had no strength at all. My appetite left me. I ached all over and was terribly nervous. The least trifles upset me. Sometimes I cried from sheer nervousness. My back gave me the most trouble —how I suffered with it! Nobody knows, except women who have gone through such times. I sent for Cardui and when I had taken a bottle I was ever so much better. The aching disappeared and I grew stronger. I took Cardui for several months and at the end of that time feeling just fine.” Sold by druggists everywhere. S—L" L purely U VEGETABLE TONIC Cwrdoseptic, for hygienic reasons, should used by women as a 2^ll^®alesadetergentjsoctjk

Merger Head?

BHL ; Al

Reports have been current in automobile circles that Edward Ver Linden, who resigned recently as president of Peerless Motor Company of Cleveland, would become head of a great automobile merger engineered by W. C. Durant.

Michelin Tires

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SMALL DOWN PAYMENT-

Kinney Shoes 24 X. Pennsylvania St. Indianapolis, Ind. Most Remarkable Values Saturday for Every Member of the Family Style that is an important consideration in the shoe you wear. Hut you want quality, too, and lowprices! Kinney shoes combine all of these. Ififfht now the very latest Spring styles are being displayed at Kinney's. We want you to see them and learn why the great nation-wide Kinney system makes your shoe dollar go farther. Women’s high-grade novelty low shoes, values up-, to $5.00. All sizes in the lot, but not in every style. Save $1 to $3 on every pair. See our windows for the greatest shoe values ever shown. Women’s Arch Supports In black, kid or patent straps, combination last, MTjw Goodyear welt soles. EE width. A real $5.00 value. Subway Specials for Saturday Only

Women’s Rubbers Low or Hi Heels 49c

Child’s Rubber Boots Sizes to 10 $ J JO

(J|j||ipJllg^ 24 North Pennsylvania Street Store Open Saturday Evenings

AMATEUR SHERLOCKS SUGGEST BOND CLEWS Continental Trading Cos. Probers Get Many Tips By Times Special WASHINGTON, Feb. 17.—The mystery of what happened to all of the $3,000,C00 Liberty bond profit of the Continental Trading Company has gripped the imagination of the amateur sleuths of the country. Senator Nye, chairman of the Senate Public Lands committee, said today that each mail brings scores of “clews” and “tips” about the disposition of the bonds. The committee is being advised of snatches of conversation overheard, lines of reasoning to follow, and blind hunches, he said. Some of the suggestions received by the (committee, Nye said, may prove definitely helpful. Others suggest a desire on the part of the authors to be summoned to Washington with the hope of doing some incidental sightseeing, he said. Finds Ring in Trouser Cuff. By Times Special MARTINSVILLE, Ind., Feb. 17. T. A. Hendricks has found a diamond ring lost three months ago in the cuff of a pair of trousers which since the loss have been cleaned three times.

Balance 14 Weekly Payments

Men’s Leather House Slippers Sizes 6 to 8 98c

Women’s 4-Buckle Galoshes s|,oo

Men’s Shoes or Oxfords Sizes 9% to 11 s2^

Children’s Shoes Sizes up to 11 sl^oo

THE INDIANAPOLIS TIMES

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