Indianapolis Times, Volume 46, Number 180, Indianapolis, Marion County, 7 December 1934 — Page 12
PAGE 12
TAX URGED ON I CHURCH REALTY EARNING INCOME Recommendation Made by McNutt Study Group at First Meeting. Revenue-producing realty owned by fraternal, religlou*. and similar j organizations would be made taxable under recommendation* made j yesterday at the first meeting of | Go v . Paul V. McNutt * special com- i mlttee to study Income tax lawoperation. The suggestion was laid before the j committee by Albert F Walsman, Philip Zoercher and Gaylord 6. Morton. State Tax Commissioners, during a meeting at which L. F. Shuttleworth, Associated Retailers secretary, urged substitution of a 3 per cent sales tax for the present gross income tax The Tax Board members told the committee the character and use of property now exempt from taxation should be used as a governing factor as to whether the realty should be tax-exempt. The investigating committee will meet again next Thursday.
Groas Tax Attacked Attack on the gross income tax law was led by Mr. Shuttleworth. who said that a 3 per cent sales tax would yield 33.4 per cent more revenue than the present levy of 1 per cent upon all incomes of more than SI,OOO a year. Food, ice. fuel and gasoline would be exempt from taxation, Mr. Shuttleworth proposed. The first three are necessities, he said, and the fourth already is taxed. Michigan and Kentucky now have such a sales tax. the committee was told, and Ohio recently adopted one. Similar proposals will be laid before the Illinois legislature, Mr. Shuttleworth declared. Former Representative Wilfred Jessup. Richmond, voiced opposition to the sale* tax proposal and suggested foods had been exempted from the tax proposal as a "sop to the legislature.” Arnett Named Chairman The suggestion was denied by Mr. Bhuttleworth, who said the exemptions corresponded to the SIOOO exemption in the gross income tax law. William H Arnett, Indiana State Chamber of Commerce secretary, was named group chairman and Leo Gardner, Indianapolis attorney representing the Indiana Bankers’ Assn . was elected secretary. The first recommendation received was a proposal to amend the store license tax by fixing a license fee for all types of itinerant merchants who are not now taxed under the act. JUNIOR C. OF C. TO SPONSOR CAMPAIGN ‘Clean Up- Paint Up’ Effort Discussed at Meeting. Plans for the annuel “Clean Up- I Paint Up” campaign spc"'''-'''* by' the Indianapolis Junior Chamber of Commerce w ere discussed last night | by representatives of the. Chamber,; the Indiana State Junior Chamber j of Commerce and the Indianapolis j Paint, Lacquer and Varnish Assn, at a meeting of the latter organiza- | tlon in the Columbia Club. Harold Norris spoke for the Indi- | anapolis Junior Chamber; Robert j Kirby, its president, for the Indiana State Junior Chamber. WALLACE FLAYS RAIL RATES AS TOO HIGH Farmers Turning to Trucks, He Telia I. C. C. By t'nitfH Prr* WASHINGTON. Dec. 7.—ls the railroads persist in seeking increased ffright rates on farm products, they will prolong the depression and lose much business they now have. Henry A. Wallace, Secretary of Agriculture. testified before the Interstate Commerce Commission today. He said that present rates have caused farmers to turn to trucking and urged, if any changes are to be made, that rates be lowered.
Smokers Smokeless type ! I |TI Smoker B—Copper lined I r&L | * humidor -SJL 9 5 iWfe£3|J pi B " Complete ' 1 j Large selec-
NAMED BY MAYOR
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Frank G. Laird
Mayor Reginald H. Sullivan today announced appointment of Frank G. Laird, business man and prominent in Masonic circles, to fill a vacancy on the City Health Board.
IMPLEMENT DEALERS ELECT WINEBRENNER Huntington Man Is Chosen Group President. F. E. Winebrenner, Huntington, today was president of the Indiana Implement Dealers’ Association, elected yesterday at the closing session of the organization's annual convention in the Claypool to succeed Joseph Adams, Princeton. Other new officers are L. W. Mellencamp, Edinburg, vice-president, and W. O. Scott, Milford, secretarytreasurer. George P. Wagner. Jasper, re-elected a director for a three-year term, also was named to the industry's national code authority. Speakers before the convention yesterday included F. A. Wirt, Racine, Wis.; Fowler McCormick, Chicago, International Harvester Company vice-president, and F. H. Clauson, Horicon, Wis., code activity director for the Farm Equipment Institute. youth" his true name UNKNOWN, IS EXECUTED Goes to Chair Refusing to Notify Family of Plight. By r\it> and Prrs EDDYVILLE, Ky„ Dec. 7.—A 25-year-old man convicted of murder under the name he admitted was false died smilingly tbday in the electric chair. The youth, known as Francis Glenday of Chicago, killed a cashier of the Stamping Ground Bank in a robbery in November, 1932. Prison officers said Glenday obviously was well educated and came from a superior environment. Throughout the two years he was held in jail he refused to reveal his true name or permit word of his plight to be sent his family.
Don’t Miss Pages 34 and 35 for Gift Values /} I /Jr t
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THE INDIANAPOLIS TIMES
DEC. 7, 1931
