10 Tha New-Rtvlew, Roteburg, Ore. Wed., Ft& 14, 1951
t
v Proposed New Taxes Spell
Further Slash In Buying
Power Of American Dollar
By SAM DAWSON
NEW YORK AP Americans are on notice as to
what Uncle Sam proposes to take away from them in
taxes. Let's look for a moment at what he's going to leave
them in terms of what it'll buy.
How much must the ordinary family man miffce it
he's to pay the proposed new income taxes and feed his
kids as well, clothe his wife as well, care for his family
as well as he did before the last war? Because the money
that Uncle Sam will leave him, thanks to inflation, will
buv now only about what half it did before the war.
A man who bronchi home $io
I a week in 1940 to care for his wife j Bu, (he pri(.cs of 0her lninss are
and two children had a net in
come to report of about $3000 a
year and paid no income tax. In
other words he had $3,000 left
and it bought $3,000 worth of goods
and services.
Under the proposed tax, the man
if he's still earning $110 a week will
pay $144 tax if he reports $3,000
income, lie will still have $2,856
left. But when he takes that inlo
the market place ho will be lucky
if he can stretch it out to buy in
goods and services as much as SI,
428 would have bought him in 1940.
two or three times higher than
they were. The dollar, by and large,
buys not much more than 50 cents
worth, in terms of 1940 prices.
The standard of living of that
man has delinitely gone down,
even if his income hasn't.
Other Examples Cited
If the married man with two
children was in the $90 to $100 a
week class in 1940 he'd report net
income of around $5,000, pay $75
.income tax, and have $4,925 to
maintain ins inniuy a numutiiu ui
0
l" ' lip rWi0n
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Surgeon, OrOFishlng Tr?p,
Drowns In Lewis Rive
VANCOUVER, Wash. (.P A
Portland surgeon apparently was
drowned Thursday when swept by
the swift waters of the Lewis river
while on a fishing excursion 17
miles north of here.
The surgeon, Dr. R. II. Swin.
ney, and i companion, Dr. Charles
W. Coffen, also of Portland, were
fishing from a boat a half mile
west of Daybreak brWge.,
Coffen said that the boat cap.
sized in the rough water. Coffen
said he swam to the south shore,
while Swinney stayed with the boat
until it went aground downstream
on the river's north shore.
Swinney secured the boat and
started across the river, carrying
the motor and some fishing equip
ment, Coffen said. The current
swept him off his feet. His cap
was found downstream.
The .rices of some things, of i But today -under the .pro-
course have gone up very little. J'gH will pay SSl Ux
have $4376 left but that will equal
a $2,188 standard of living in terms
of 1940.
To equal his 1940 standard of
living, the married man wilh two
children would have to report a
better than $1,000 annual income
in 1951. Under the proposed tax
rate, he would have to pay $1,
8 on his $10,000 net income, leav
ing him $8,104 which in terms of
1940 buying power equals $1,052,
compared with the $4,925 that the
FEATURED ACT Tha above pupils of Sally Hilt's Studio of Dane Arts will perform
tha Roieburq Active club s polio benefit amateur proqram Friday at 8 p.m
Frequtnt Free
BELT0NE CLINICS
Are Htld at tha Umpqua Holtl
Wrlta for Nail Data
HEARING AID BATTERIES
Hallad Anrwkiri-For Any Mailt
Writt S. C. MITCHELL
YS W. Braadwar, fctif.iia, Ort.
fM.fnb.r J. N. Tall a A..rlal.
af Portland R. liana ll.arlnf Ald.l
during the Roieburq Active club's polio bei
high school auditorium. They are, left to right, standing,
tddie Winter, Jacquie Mathews and Marian Jones; kneeling,
and Tamara Tautcher. (Picture by Photo Lab)
n special acts
in the Junior
Carol Ann Burqin, Ralph Frav.
Margaret Taylor, Frieda Fullmer
TRAILER
AXLES
With Wheels and
Standard
Sizei
Springs
2000
DOYLE'S
Sales & Service
Highway 9 at Go-Jen Valley
FHONE ell
S. W. (Bill) MILLER SAYS
NEW FERGUSON
SIDE-DELIVERY RAKE
aksssMiUiiiVUiUUkl
TnM "sideward" raking action with the
unique Ferguson six-bar offset reel
movea hay 60 per cent lees distance from
math to windrow. Tractor-mounted
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Tip Controlled. Surprisingly low in price.
. SUPPLY IS LIMITED
GET YOURS NOW!
Ft Datfittrattm
ea Tew vws fonvl
I IJ Jtiniklllt'lll I IT 1 SaTI I if ffl
LEE MORTENSEN, Inc.
200 SOUTH PINE
PHONE 1486-J
$5000a-year man had left after
taxea in 1940.
So, even if the $5,000 a year man
has doubled his income In the last
10 years, he s .uill not quite so
well off when he tries to buy things.
The comparison holds all along
the line as you go up the pay
scale. The $IS,0uO a year man now
has take-home pay, in terms of
the 1940 dollar, of around $6,298
and that's less than the $7,000-a-year
man had 10 years ago.
This sounds as if most of us have
been on a treadmill in the last dec
ade. We struglled to raise our pay,
but unless we advanced much tast
ier than the average fellow, the
steady inflation of the currency has
left us no better off, possibly worse
off as far as our stantlard of liv
ing goes.
And it's at this high inflated level
that Washington is trying to freeze
everything.
George Neuner Opposes
Transfer Of Authority
SALEM (.ft Attorney Gen
eral George Neuner opposes the
sportsmen's bill to transfer game
law enforcement from the state
police to the game commission.
In an opinion for state Sen. Jack
Bain, Portland, chairman of the
senate game committee, Neuner
said passage of the bill would re
sult in split responsibilities.
He said that even though the
main enforcement would be trans
ferred, state police and local of
ficers still would have to enforce
the game laws, just like they en
force all other laws.
m "ss y$h-g
TSere'i an ArJtn Dfiler
nrar you. Your fimity
will tnjoy thil drlicioui
ict cream for drurrl . . a
t
000
I diameter, ol woahnbU ) Or
liif vinyl,... Ill nUMl till II I
r' n'T .
i,m WATT-
Come in . . .make your selections
early. ..this sale will
not be repeated.
G
111 N. Jackson
o
o
o
o Phone 330
PeGHjfycidzecl .Service Xjour J4om
e
rAVtoiaWiintflieS
mm
0
FURHISHfflGS
was,
t!