Walkerton Independent, Volume 83, Number 36, Walkerton, St. Joseph County, 4 August 1960 — Page 11

Fam Bureau Proposal Would Relieve Property Tax

Indianapolis A new tax proosai which would shift some > per cent of the burden of > al property taxes to the Giosj iconic Tax was recommended usterday by Indiana Farm Bui ui's Tux and Fiscal Policy Study ummission. The recommendation ! the 11-member commission I -TiW-* m Advice to the Home Buyer A' n you t.ike out a mort■nc file bank requires that ® u protect your loan with m| • mince. But, do you have protection you need for K • umnortgagc J part of your M it the pa: ’ c ou’ve al- M iy paid foi Better call us ® a icmpicte propert) in. « .rance checkup, HIATT I Insurance Agency KO2 Ohio, Walkerton r WeftttttK the ill ri.'ord Eire Insurance rS pany Group Hurd, Conn. I

BIG SAVINGS ! Quality Aluminum Siding | At | Koppenhofer Lbr. ] 2 2 Check on New Low Prices | on Building Materials g (i rover ton, Indiana V r^OHMUNMimnmQmiMmiffNmmnMMminMHaMHHMaMMmiK^^ i.. GIBSON DOUBLE DR. REFRIGERATOR Reg; $349.95, Limited Quantity $248.88 wt I ell™^^ । mi I r® ~ *■—— ' • ! I St I- " I —gg - . » JgSK rMMI ' • ■! 4 "odel G152F01 / k|^l RORINSON'S REPAIR SERVICE 2 mi. North of .North Liberty on 23 Phone OL6-8372

was presented to Farm Bureau officers and directors, and will now be sent to the "grass roots" for study by members in senm 900 township Farm Bureau meetings scheduled for September In announcing the proposal, president George Doup of Indiana Faint Bureau, emphasized that the commission's recommendation is aimed at placing the support of schools more fairly on those whe receive their benefits, relieving property of the unfair load it has been carrying. He also said, "While the study group’s suggestion is not now Farm Bureau policy, it will receive careful study by members throughout Indiana during the coming months and will be presented t<> Farm Bureau’s De! •- gate Body for policy decision at its convention in early November ” Fhe three step plan involv ; ilia countiy pioperty tax rati equivalent to at least 50 cents mi each Moo of adjusted assess I \ nine dist: ifauted to *s< h potations in the county on the basis of pupils m avwage daily attendan e; <2i a 100 pei < i gross income surtax on all axpayei except corporaticns to be used in the county where colie, ,- ed and distributed on the basis of pupils in average attendance; and (3> a 100 percent gross income surtax on all corporations, collected at the state level, and earmarked for distribution to school corporaticns on the same basis With an additional state appropriation from regular gross income collections to be distributed on the same basis. The first step would constitute a qualifying rate on property tax. Step two w< uld be an immediate equalizing factor. and more important than that, it would shift school operating costs at the local level fiom the prop-

erty tax to annually earned income. This step would be necessary before the county schools would qualify for the state aid offered in step three. Step three would increase state aid to more than 50 percent of the bnshf program operating cost, and the surtax collections from all corporations would be used by all schiols in the state, rathe: than being a direct benefit to only the county where it may have been collected. According to the commission's suggestion, each school corporation would be guaranteed JHad for e a< h pupil in average attendince. State aid would vary widely, but the average amount that might be distributed from this source Would be simp SD** per pupil. Transput! at ion costs are not to be included in the $350 »asic program, and the present formula would continue as is. According to the commission, its plan is mainly a program of equalization of support for local schools. Local control of schools would not he affected' total of taxes collected would not be changed t.he burden would only be shifted: little change would be m eded in tax-colh- tion an * school distribution ma hineia, til ' tax base for 1" al s< bcnl o - eration 'aould be broaden 1 to include sources of revenue (gross income) now available only to the state and federal governments; and local tux structure would be modernized to alk w the cost of education to rest more fairly upon the shoulders of ail who enjoy the benefits thereof Good Luck . . . For A Coin Did you ever see a wishing pool? In the International Friendship gardens is a long, rectangular pool into which visitots have been tossing coms for years. It’s located in the Symphony theater garden. If you make a w.sh, as you toss in u coin, your wish is believed to come true Some fabul us stones ot good luck have beeU told to the gardens' management by foi mer visitors. Some Women had good luck in romance and in marriage, and seine men told of good fortune smiling on them in business Virgil and Joseph Stauffer, founders of the gardens, said that visitors starter! Vising in coins, and the reputation of th<- wishNeed A New or Used Car or Truck? See - * - **» rtMr -OM ' M; A?’ ‘ JoShS w aMr • * it ggA J II \KI \\ "Bl ( K" hH’( II \ —at— POWELL-MANN CHEV.-OLDS CO. Ph. 19 Walkerton

August 4, 1960 — WALKERTON INDEPENDENT —

ing pool grew At first, the Stauffers were puzzled to seccoins in the shallow pool When they saw visitors throw m coins, they asked the visitors

^-4 t©t America', > I S . V J ‘m^nTT. S-d WB g mm mJ _ 1 w .MA'' I I S [si < A ■ J fl wT- A ■ gtefei • T WmW / Mfr'. w v 1j M • J. B. WILLIAMS & SONS Salutes the Starke County 4-11 ( lub | | Boys and Girls by featuring- 4-H ( lub | | Beef and Uimb All cuts of beef and | g lamb will be available at our market. | | We will have extra quarters of beef for | § your freezer. Try some of this fine § meat this year. . | |u«i 7Q i : SHOULDER STEAKS, UAMB on I | LEG ROASTS . . | SPECIALS | I SMOKED HAMS A Ac! Tenderized ... I j SKINLESS FRANKS dQ r I Homemade . . . ■**’ ■ '■ : i Cheek our ad in last week’s paper These items are still on sale. a ,d Ketail — Wholesale — (lu.utei of Bets, pi ... .. . . • ~ । . i» gi ( u^toin Butchering — ( omplvte l imessing P’ . , id ® For \ our Free/t r r? 1 J ® L?1 Open s to 6 Mondays thru Saturdays ( iosed Sundays and Holida's pi . . '.l pj 3*» Miles West ol Walkerton Phone 55

what they were doing. They were told that other people had had good luck. So the enchantment <rf the wsihing pool grew all by < IM

11