The Daily Banner, Greencastle, Putnam County, 27 April 1967 — Page 7

Thursday, April 27, 1967

Tha Dally Bannar, Qraaneasfla, Indiana

Papa 7

r - v t, ■» ' National

United Press International By Lyle WUson Personal income taxes would come down in a hurry if the government would give up the pain-killer system of collecting the taxes at the source. Hie taxpayer would not give up his dollars so easily if he were able to jingle them even briefly. This is the withholding tax system, imposed during Franklin D. Roosevelt’s era and in force ever since. This tax collection system is the greatest pain-killer since morphine and ether. This is the season in which citizens would be shooting tax collectors on sight, but for the withholding system. The alternative to withholding would be to force the taxpayer to get up in one great bundle his annual tax levy. There might be a tax rebellion in this country but for the withholding system. - Personal income tax is withheld by employers and paid directly into the U. S. Treasury. This is your money but it loses its identity. • So it is that vast sums are paid into the U. S. Treasury. Indirectly at least, these vast sums enable the politicians to live in the style to which they have become accustomed and to help others to do likewise. Open-

VONCASTLE

handed is the word for our politicians. It is easy to spend tax dollars collected so painlessly the average citizen never misses them. But whether he realizes it or not, tiie humpbacked taxpayer pays and pays. Consider President Johnson. The President is a frugal man. He says so himself. In the 1966 fiscal year which ended last June 30, LBJ collected $104.7 billion in taxes, of which personal income payments totalled $55.4 billion. In the fiscal year 1967 which will end this June 30, LBJ expects to collect $117 billion, including $62.2 billion in personal income taxes. In fiscal 1968 which will end June 30, 1968, LBJ will take $126.9 billion, more than $73 billion of it in personal income payments. But even these vast sums will not suffice to run the government as LBJ runs it He has budgeted for deficits in those three fiscal years as follows: $2.3 billion in fiscal ’66, $9.7 billion in fiscal ’67 and $8.1 billion in fiscal ’68. These deficits, of course, will add to the public debt. And it already amounts to $330.7 billion, up about $10 billion in the past year. Interest on this debt will increase from $12.1 billion in fiscal 1966 to $14.2 billion in fiscal 1968. This system of borrowing huge sums to pay government bills instead of taxing the citizens is beloved by the politicians. They might be ridden out

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of town on a rail if they laid on taxes sufficient to pay the bills they run up in conducting government business. Hie politicians know this system cannot go on forever but each expects it to survive beyond his term of office. When the reckoning comes, the current crop of politicians figure to be retired;

maybe dead. They had better hope so. This deficit spending system has been accompanied by a devastating erosion of the purchasing power of the U. S. dollar. The buck has lost about 68 cents in purchasing power in the past 30 years. The two-bit dollar is just around the corner.

Bowling News

VJ.W. FATHERS AND LADIES AUXILIARY JR. A SR. DIVISIONS Final Team Standings

4-22-67

Deem Music 54 27 Edmond’s Jan. Serv. 48 33 Carrico Furniture 48 33 A-Shpp 47 34 Dairy Queen 37 44 Marsh Employes 31 50 Gordon Foods 30 51 Cloverdale LG.A. 29 52

Hi Team Game - Dairy Queen 999. Hi Team Series - Dairy Queen 2849. Hi Individual Game - Jay Frye 194. HI Individual Series - Howdy Conyers 501. 500 Series - H. Conyers 501. 400 Series - J. Frye, 486; R. Hockema, 464; D. Staley, 456; S. Brown, 456; H. Henry, 451; G. Deem, 450; R. Williams, 445; J. Williams, 438; J. Bryant, 435; J. Edmonds, 432; B. Bitzer, 432; R. Mount, 429; B. Brown, 423.

CITY LEAGUE 4-24-67

Jones

172

Double Decker

164

100

Banner

156

108

Torr’a

136

128

Reeves

128

136

Amo

126

138

Buick

110

154

713

200

Over 200 - W. Kitch, 208; R. Shelton, 206; J. Shelton, 211; K. Justus, 202; M. Burk, 235; R. Baker, 201. Over 500 - W. Kitch, 553; R. Shelton, 574; J. Shelton, 529; K. Justus, 574; C. Julian, 518; H. Howard, 520; M. Burk, 540; R. Baker, 524; R. Gooch, 528; M. Rader, 530; J. Alexander, 507.

AUTOMOTIVE LEAGUE STANDINGS 4-25-67

Y Palace

163

109

Moose No. 2

151

121

York’s Grocery

146

126

Bob’s Body Shop

146

126

Mallory’s

139

133

Shetrone’s

117

155

Mason’s Jewelry

114

158

Moose No. 1

114

158

600 Series - R. Hampton, 639; G. Crawley, 618. 500 Series - G. Crawley, 575; L. Jones, 515; W. Mark, 509; K. Stevens, 526; R. Langdon, 522; D. Howlett, 575; J. Frazier, 509; E. Masten, 548; G. Bryant, 505; Mitchell, 507. 200 Games - R. Hampton, 257222; L. Jones, 201; G. Crawley, 225-206; R. Crawley, 222; Pettit, 214; D. Hewlett, 208; A. Mitchell, 207.

MONDAY COCO-COLA LEAGUE

4-24-67

Jones Standard Serv.

178

Sherm’s Implements

160

112

Evans Lakeside Groc.

150

122

Launderama

144

128

Dewey’s Barbershop

143

129

T. & C. Beauty Salon

139

133

Cannon’s

119

153

Tipstars

118

154

York’s Groc.

114

158

Jebb’s Gas

177

Top 10 Bowlers - J. Lease, 525; K. Walker, 457; V. Schoman, 454; D. Albright, 447; G. Walker, 437; J. Hutcheson, 425; H. Wallus, 424; A. Covert, 417; P. Ford, 416; J. Bums, 41L

Commits Suicide SENDAI CITY, Japan UPI— —The 14-year old son of a penniless laborer knew he would have to work hard to earn enough money to cover the cost of joining his classmates on a spring excursion. He worked hard for weeks, but when the fee payment deadline came, he was about $5 short He was found dead in his room Monday. Police ruled it a suicide.

Expect Eruption MANILA UPI—Taal Volcano may erupt within a few days or weeks, the Philippine Volcanology Commission warned Wednesday. It recommended the immediate evacuation of families which have returned to the island since the disastrous eruptions of 1965 which killed 200.

NeW sto^°^ av T00 p '- , 5 Low. Low, Price/

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THOMAS G. ROACH Democrat Candidate FOR CITY CLERK-TREASURER Subject To May 2 Primary Your Support Appreciated

Pd. Adv.

CROSSWORD PUZZLE

ACROSS 1-Devoared 4-Saint (abbr.) 6-Sedata 11-Pieces uf cot timber 13-Dealer 15- Part of “to be" 16- Charms IS-Babytonian deity 19-ChaMean city 21- Roman road 22- Gentle 24-Toward shelter 26-Call 28- Toll 29- Metal 31-Winter vehicle 33- Rupees (abbr.) 34- Escape 36-OrEansof

38-150 (Roman number) 40-Seasoning 42-Giver of gift 45-Paddle 47-BrazHian estuary 49 -Opening in sMn 50-Projecting tooth 52-Free ticket 54- Ex ist 55- Symbol for tantalum 56- Pause 59-Man’s nickname 61-Long step 63-Mislead 65- Finished 66- Printer , s measure 67- Greek letter DOWN 1- A state (abbr.) 2- Yioient outburst 3- Printer's

6- Unprodoctive 7- Worth less leaving 8- Singing voice B-Man’s nickname 10-Marijuana cigarette (slang 12-College degree (abbr.) • 14-Evaiuatas 17-Meadows 20-Sand tar 23- Preposition 24- Conjunction 25- Lampreys 27-Conduct 30-Jump 32-Let faR 35-Gfided away 37-Suparcflieas person

□ask Eaaa lJsje nniaa aoa , i! rcenu rdBUjraa La nay narea nanaa □unnaasR bb □unss oep aaa can esansaH be naa esq unasa aa Bsaaaaaa HEiana anaE unra aa asuaaa uaa aana laaaa aaa noraa aaara

38- Expenses 39- Woolly 41-Snare 43- Mountain nymphs 44- Noto of scale 46-Sun gad 48-Stage whisper

51-Grated iron utensil 53-Stalk 57- Dutch town 58- Spanish article 60-Hawaiian wreath 62-Rsgistered nurse (abbr J 64-Above

4- Prefix: half 5- Varacity

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Blondie

By Chic Young

Johnny Hazard

By Frank Robbins

Beetle Bailey

By Mart Walker

Archie

By Bob Montana

Buz Sawyer

By Roy Crane

HEY, SHE'S NOT A MISS/... SHE'S THE WIDOW-THC SQUADRON LEADER'S WIFE IS TRYING TO MATCH UP WITH CDR. SAWYER.

Walt Disney's SCAMP ®

BARNEY GOOGLE and SNUFFY SMITH ® By Fred Lasswell

SCRAWNY? HWHAWHAW SHE'S HEFTIER THAN VOU ARE, LOWEEZVBYTHimY POUNDS