Indianapolis Times, Indianapolis, Marion County, 23 April 1941 — Page 6

PAGE 6

THE INDIANAPOLIS TIMES

Expansion of Radio Training At Armory Here Indicated

By SAM TYNDALL

The radio training school at the Naval Armory here may be expanded shortly from 240 to 400 men, it was disclosed here today by Rear Admiral John Downes. commandant of the Ninth Naval District. Admiral Downes formally inSpected the radio and yeoman school and praised the administra-

tion and progress of local training

activities, Commander of all regular and reserve U. 8. Navy activities in 13 north . central states. the largest naval district in the country Admiral Downes also is director of the Great Lakes Naval Training Station, Ill, the largest single Naval training center for enlisted men in the country, Al present there are 240 men in the radio school and 50 trainees in the local yeoman schoo! It 1s tentatively planned to remove the yeoman schoois and expand the radio school as part of a nationWide naval training expansion proBram to meet anticipated twoocean Navy requirements. The Admiral was met on his arrival by Lieut. Connm. C. A. Griffiths, Naval Armory head, and Lieut Comm. F. M. McWhorter, in charge of reserve activities. He was to leave this afternoon for inspection of other schools in the Ninth District. Admiral Downes, who reaches retirement age in two and a half

years, is a native of Massachusetts. |

He was graduated from the U. S.|

Naval Academy at Annapolis, Md., in 1901. Less than 15 vears later, Admiral Downes, as lieutenant comMmander, was aid to the superin-| tendent of the academy He has, during his career. been in command of almost every type of vessel in use by the Navy. In 1934 he became chief of staff of the U. S. Fleet Scouting Force. In 1935 he was assigned head of the Ninth Dis- | trict and at that time made one! Visit to Indianapolis. In 1937 he took command

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ADDED LUXURY *

Secrecy on Administration Program to Be Lifted Tomorrow. (Continued from Page One)

. reach the Senate floor, on the theory * "that the public “ought to be shown” | the full effects of the national defense spending program.

One Senator was discussing a national lottery which he said ought to raise $1,000,000,000 or more a year. Pinball machines and similar devices were suggested by some House committee members as another lucrative source of revenue. President Roosevelt told his press conference yesterday that the contemplated $3,444,000,000 increase in taxation could be absorbed easily ‘by the nation without disturbing | consumer purchasing power. He |said the entire problem revolved cruiser division No. 7 of the Scout-|arouna the willingness of the naing Force. Up to August of last year, (tion to make sacrifices for ccmplete when he returned to the district national defense. command, he served as president of| The Treasury récommendations, the Naval Examining and -Retire- made public by commitee members ment Boards at Washington. | despite pledges of secrecy, contem-

» m— : plated mainly a broad use of the KROGER EMPLOYEES [surtax to raise more money. Con-

trary to earlier reports by commitKroger Grocery Co. employees

Admiral Downes

teemen, direct increases of individual and corporate income taxes were not suggested. Instead, the Treasury proposed stiff surtaxes, falling heavily on middle bracket from central Indiana will hold theje | BCOmes, 1m addition to existing annual spring frolic tonight at Tom "oi . 0 Devine's Music Hall. Treasury officials advocated re- : \ \ {tention of the present exemptions Dancing begins at 8 o'clock and |_g800 for a single person, $2000 for no one has ventured a closing hour 3 married man, and $400 for each estimate. : child under 18 years of age. The The dance held each vear is spon- present 10 per cent earned income sored by the Kembas Mutual Ben- .yedit allowed on incomes of $14,000 efit Society, an organization of, jess would be retained for comKroger employees. puting the normal tax but would More than 500 are expected to at- jot be permitted in computation of tend. |surtaxes.

STEAL CASH, LEAVE DOG |

Fair exchange may not be rob-| According to committee members, bery, but nevertheless police today|the Treasury proposals included: are seeking the person or persons| A graduated surtax on individual who broke into the home of Mrs, incomes starting at 11 per cent, plus Icy Bettner, 462 N. Walcott St. retention of current income taxes. last night, stole eight streetcar This would increase the taxes levied tokens, 50 cents and left in return|on the lower bracket incomes in a fox terrier. some instances as high as 600 per

Surtaxes Graduated

Many WO get 2-way

cent. Specifically, the Treasury proposed a surtax of 11 per cent in the first $2000 of taxable income; 14 per cent on the next $2000; 16 per cent on the next $2000, and 19 per cent on the fourth $2000 segment. A six per cent surtax on corporation incomes above $25,000 and five per cent below $25000. This would {be in addition to existing corporate

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you need a tonic to help stimulate |jeyijes. the appetite, increase the flow of Revision of the excess profits gastric juice and improve digestion, | taxes to make corporations pay and so build energy and strength, mere from their national defense use it by the tonic directions. manufacturing profits. Under cur-

TAXES SCANNED =

ever placed on the lower brackets,| From this he deducts $2400 exempcommittee members conceded. tions for himself, his wife and ¢hild, Following is a typical income tax leaving $300 of taxable income on case under present laws and|which he pays 4 per cent or $12. He under the proposed Treasury pro-|then adds 10 per cent of $12, or : x $1.20, for defense tax, making a total payment of $13.20. Under the Treasury’s proposal for

m: A married man with one child, earning $3000 per year now is al-

lowed $0 deduce $300, or 10 per cent,| next year, the same man would figas earned income,

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WEDNESDAY, APRIL 23, 10414

| —$12, But in addition he would | of $78. Ten per cent, or $7.80, of {the Treasury plan. Although Chair have to pay a surtax of 11 per cent.|this would be added as the defense man Rohert L. Doughton (D, N, C.)

That would be computed this way: He would deduct his personal exemptions of $2400, leaving $600 taxable at 11 per cent. Since no earned income deduction would be allowed that would amount to $66. Adding the normal tax of $12 and the surtax of $66 he would have a tax bill

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rent tax law, a corporation may elect to pay the graduated excess profits tax on all earnings above 8 per cent on their invested capital, or on those earnings which exceed 95 per cent of their average earn-| ings over the years 1936-39, inclusive. | | They may choose whichever | | method is to their advantage. The Treasury suggested that they pay excess profits taxes on all earnings over 8 per cent on invested capital, | or over 75 per cent of their earn- | ings in the basic years. Drastically increased estate and gift taxes, ranging from a 1200 per cent increase on estates of $50,000 to considerably less on the larger estates. The estate tax would begin at $25,000 instead of $40,000.

27 Luxuries Listed

Steep luxury tax increases on 27 different articles now subjected to levies. A tax of 2 cents on checks, 5 per cent on gum, 5 per cent on transportation tickets, a new tax of 10 per cent on jegelery, phonographs, clocks, watches, luggage, musical instruments and other articles. One cent a bottle tax on soft |drinks, 1 cent per gallon increase in gasoline taxes, $1 per gallon more on whisky, and $1 per barrel more on beer. | The Treasury recommendations (for income surtaxes would consti{tute the most drastic tax burden

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supertax, making a total tax bill of $85.80. A $50,000 estate which is now taxed $220 would be taxed $2860 under the Treasury program. A $40,000,000 estate which would be taxed $27,391,000 under existing law, would be required to pay $28,046,000 under

insisted that the Treasury recommendations were “absolutely worthless” at this point for consideration of what the tax bill may finally be, other members of the committee pointed out that the group has, in the past, generally followed the official suggestions.

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