Newspaper Archive of
The Malakoff News
Malakoff, Texas
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February 26, 1971     The Malakoff News
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February 26, 1971
 

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hbo00 THE MALAKOFF NEWS Malakoff, Texas Friday, Feb. 26 1971 Page Three TEXAS AT THE CROSSROAOS OF resented for the public benefit by the Texas Manufacturers Association STATE AND LOCAL TAXES FORM A STRONG TEAM (second zrz a serzes o/eleven) Imagine that you have two life inSUrance policies, each for $20,000 worth of protection. Perhaps you have. Let us fur- ther assume that the monthly premium on one policy goes up HOWever a t . . " , zew months later, the other company serves no- it must raise the prem- on its policy also. This of course is a simple mparison, but it stresses a ' i at Concerning the interplay tWeen state and local taxes Texas The Texas taxpayer not only meet increased obligations, but his poc- is subject to demands ram a growing system of local :aXes. In 1969 state taxes accounted or SOme'52 per cent of all mon- !esCollected by state and local Vernment in Texas, however; aunty, city, school, and spe- ]al district collections were tght behind at 48 per cent. 'Or 1970, it appears that this ivision will be maintained by anal tally time. There's one !ig difference, though. State xes in 1970 are a half-billion lllars than in 1969. higher behaver state taxation as- sumes a "leadership )) role, something in the way of a "ripple" effect is passed on to local governments. This ripple is seen in rising local taxes, especially on property, to meet spending for education which has long been shared by state and local government. LESSER IMPACT IN NEW YORK Again, a brief compurison. Between late 1967 and the end of 1970, total state and local taxes in Texas rose from $2.471 billion per year to an estimat- ed $4 billions. At the same time, the wages, salaries, and other income for all Texans increased from some $30.25 billion during 1967 to approxi- mately $38 billion in 1970. The tax increase ($1.53 billion) was nearly 20 per cent of income gains ($7.75 billion) for the three-year period. Try New York. The total in- come of workers has risen from a late 1967 figure of some $69 billion to a present estimate of almost $88 billion. Total taxes collected back in 1967 were at roughly $8.6 billion, but today Malaoff- Gymnasium was every four or " , ,rally busti " '" -- so rmnutes doing , ng from me . " J, , ......... every type of twirl, strut, mL, - z aturaay wltn dance -- ' ....... ,, I'r ers from ,,,,,- .h.l o . , even xmm twirnng. The #,, and ,.. ."''. .'.'7":  last twirler of the day finished mmWl="" ,he local aaalaxon at 5 .... Fiefs started the festival off .-v p.m. aria you can oet 8 a ....... there was many a band parent [biag 'ntmuousWlraienwlePt who was very tired after put- .. y, one ting in a long hard day of t ,.', they have reached the $11.4 billion level Added tax pay- ments ($2,9 billion) as a part of added income ($19 billion) approximate only 15 per cent. However, there is still another way to compare the burdens of combined taxes upon the per- sonal income in the two states. While the personal income grew by some 27.5 per cent in New York between 1967 and 1970, total state and local taxes rose by some 34 per cent. In Texas, state and local taxes soared by nearly 62 per cent, while the total income of the people advanced by only2Sper cent. Taxes to meet spending in Texas appear on the surface to be running ahead of the paying capability of her people. There- fore, the time is right to pose three important questions. Shouldn't total state and local taxes, especially the state por- tion, be lower? Why isn't the total yearly income of Texans higher? Finally, are recent up- ward trends in state and local taxes stifling business growth which is the source of higher wages and salaries? Ji Twirlers Burst Gym Seams work." "I would certairdy like to express thanks to all thoee who helped to make the Second Annual Tiger Twirling Festival a big success," commented Di- rector Hatton. It is estimated that after expenes some $50 profit was realized. Money from the twirling festival will be used to further band activi- ties. High Point Trophies went to Fairfield and Terrell. Miss Majorette of the Day of Lynn Parham of Terrell. Judges for the event were Jerrilyn Has- l y .-. Launa B,,-,, M,,d J,mi,, i,1 ..... kins,[ Trinkiad and Kathy But- q,.,.A, RalxI'WIIT'" Ma;----'-'"on:" Viviafl ler Harris of Mabank. 'qie Fiadd. Jack, Mike Mom'oe, Martha Band Boosters are reminded lay Fadd. of the coming events soon to .a 7  Lisa Baker. Tuesday -- Graver Jackson, take place. These wil inelnde nY ". Hylas Cade, Jim Hall Sherrie McCleary, Catherine a hake sale in about two weeks, ,,jl',.  vlae Haynes, Richard Crossley. a Sylvania light bulb sale by ii  IJF'x, Frances Monroe, Wednesday -- Karen Ashlock, the Malakoff Band Students, a |I[4[J washburn, Aubrey Todd Locke. talent and variety show in the  .......?, Eddie Belle Stacy, Thttrsday -- Meta Trtmble. auditorium March 26, and oth- """".'...-.... ....-..--..-..--....-.--..--v. ..... .-.-.-.-.-.-.-..-. ers. , TAXES In either case; lower taxation with present income, or present taxes with higher income, the situation would be far more palatable. Next year, Texans face state and local taxes es- timated to total nearly $4.25 billion, however there is no indication that wages and sal- aries will keep pace. Looking toward the 1972-73 budget period, assume that the legislature cuts in half the ad- ditional $2.703 billion (above the original $6.289 billion) re- quested by state agencies. Al- though increased state taxes alone would be some $560 mil- lion for 1972-73, the total state and local taxes for the period would soar to more than $9 bil- lion. Thatms more than $4.5 billion in state and local taxes each year. The effects of state-local tax growth faster than a gain in income are more fully under- stood through one more factor -- the tax role played by Texas business. The plight of busi- ness will be spotlighted next in: The Burden On Business: Are Unbalanced Taxes "Shrink- ing" The Standard of Living? MONDAY,  1 Fish Sticks Baked beans  salnd Bread Milk TUESDAY, MARCH 9. Meat los/ Macaroni with cheese Green beans with onions Rolls Jello Milk WEDNESDAY, MARCH 3 Han-nmrgers Lettuee and pickles rotatoe eh Puddlog THURSDAY, MARCH 4 Creole spaghitti Buttered spilmeb Pinto beans Corn hread Pru Milk FRIDAY, MARCH 5 Soup O'aekers Pkrad,o cheese sandwiches Cake IVlilk ;ll/.qll I ill/ I'/" ii l "Credit cards are bringing back sign language." Every nook and cranny stays cozy warm with electric home heating. There are no drafty hallways or chilly corners because electricity spreads its warmth evenly throughout your home for all-winter comfort It's modern, clean and quiet, too. With some systems, you can even have an individual thermostat in each room. So if you're building, remodeling or buying a home.., think electric and stop shivering. Call your local TP&L Heating Specialist for assistance in planning your electric heating sYStem. Ask about Texas Power & Light Company's special winter heating rates-no cost or Obligation. We will be pleased to recommend Certified Electric Heating Dealers who can install your system. SHIVER STOPPERS Your local Certified Electric Heating Dealer installs your system. TEXAS POWER & LIGHT COMPANY A tax-Paying, investor-owned electric utili{y Mr. and Mrs. Herbert L. Cherry, 1301 Melrose Drive, Waco, Texas, announce the engagement and approaching marriage of their daughter, Kitty, to Michael Laughlin of Houston. The future bridegroom is the son of Mr. and Mrs. Dean Laughlin of West Columbia, Texas. Kitty is employed by the Pasa- dena School District; teaching language arts at the V. W. Miller Intermediate School. She graduated from Malakoff High School in 1965 and earned her bachelor of arts degree from Baylor University in Waco. Mike, a graduate of West Colum- bia High School, earned his bachelor of science degree from Texas A & M University. He is em- ployed by the Texas Commerce Bank in Houston. The couple plan an April 3rd wedding at the South Main Baptist Church in Pasadena, Texas. ;::;-%;.%.;%%?.%%;%`%;;-;;**;. Pull ::: !i liTo Get 1971 License Plates ',i It doesn't take "Pull" to ob- tain 1971 lieer,e plates. In fact, ff you pull apart the three-part motor vehicle regis- tration form mailed to you ear- ly this year by the Texas High- way Department it will make the process slower and mmeces- sarily complicated. Even though the handy three part form carries the waing "Do Not Separate or Detach Any Parts of This Notice" in large letters on the reverse side, many motorists are doing just that. Highway Department officials and county tax officers report that many motorists in applying for license plates by mail de- tach only one part of the form and send it in. Department officials stress that the entire form must be mailed in or brought to the coar_,ty tax office or substation. A stick down strip showing the new license number will he at- tached to all sections of the form and the tax office will sop- arate the form, returrang the license receipt to the owner. Motor vehicle owners sJll can obtain their 1971 lice plates by mail ff they send in the  Chree part form, their registration fee and $I for handling to their county tax of. ricer dining February. That al- lows the month of March for the application to he processed and the license plates returned before the April 1 deadline for displaying the new plates. During the month of March, it will he necessary far owners to apply in person at the cotmty tax office or substation for 1971 license plates. In either case, owners will save themselve time and trou- ble by uing the new computer- ized application. You won't need your title certificate or last year's registration receipt. But, remember, leave the three parts of the registration application intact. 93e Milk of Magensia- 49c 2.29 Pr,00p. FI. Ointment-1.88 1.29 Reg. 1.75 S1009 Vick Formular 44-1.03 G00eritoJ Tablets---4.79 5.00 -- LEMON Cleansing Cream-- 2.50 2.95 -- MAX FACTOR Hand Cream .... 1.95 00,sz HOME PERMANENT Reg. '119 2.00 1.65 Prell Shampoo---1.29 1.20 -- REXALL Shave Cream---1.29 69c Bubble Bath-..-- 35c 1.75 Dusting Powder--. 99c Reg 1.09 lO0's 5.95 Heating Pads---- 3.49 49c Writin00 Tablets--. 29c 98c Household Gloves-39c LIMITED SUPPLY Watch Bands Price 1.98 -- TWICE AS NICE Shampoo - - - ...... - - - 1:86 3.50 -- EMERAUDE Spray Cologne .... 2.50 1.19 -- RISE Shave Cream--. 1.07 1.29 I.isterine ....... 99c a Reg 49 II Facial TISSUES ,oo coun, 29' 1.69 -- PACQUIN Hand Cream ..... 1.33 1.25 -- CARA NaME Hand Cream--.-. 93c DISCOUNT PHARMACY