Image provided by: University of Oregon Libraries; Eugene, OR
About Oregon daily emerald. (Eugene, Or.) 1920-2012 | View Entire Issue (Dec. 1, 1978)
Federal, state, local taxes rise 17% during 1976-77 WASHINGTON (AP) — Fed eral, state and local governments raised 17 percent more in taxes in the 1976-77 fiscal year than they did the year before, the Com merce Department said Wednes day. The $61.5 billion increase in taxes was more than double the $26.8 billion increase in 1975-76, the department said. “The large increases reflected improved economic conditions and, to some degree, inflationary trends,” the report on taxes said. Most of the increases were in individual and corporate income taxes, it said. At the end of the 1974-75 re cession, more people had jobs and they were pushed into higher income brackets with a 6.6 per cent inflation rate. However, a report by the Tax Foundation, a nonprofit research group, showed that since 1977, states at least may have been cut ting back on their taxes. For the first time in four years, more states reduced taxes than increased them, the foundation said. The foundation said Tuesday that taxpayers in 21 states will pay about $2.5 billion less each year because of reductions in state in come and sales levies. Eight states increased taxes - mostly on motor fuels - by a total of about $200 million. The Commerce Department report showed that governments collected a combined total of $419.7 biilion in taxes in the 1976-77 fiscal year. That meant the average adult and child paid $1,907 in taxes. The report covers all of the money taken in at all levels of government in the year ending Sept. 30,1977, or, in some states, June 30, 1977. Of the 419.7 billion, $244 billion went to the federal government, $101 billion to state governments and $$74.8 billion to local gov ernments. That meant the aver age person paid $1,907 in taxes during the fiscal year. However, in figuring average tax payemnts, the government counts all U. S. citizens, including children. Governments collected 59.6 percent of their money from in come taxes, 14.9 percent from property taxes, 20 percent from sales taxes, and the rest from Country turning to new paganism claims Mormon PROVO, Utah (AP) — A new form of pagan imperialism is seek ing to establish “irreligion” as the state religion in America, says Elder Neal A. Maxwell, an official of the Church of Jesus Christ of Later-Day Saints. He told students at Brigham Young University that "this new irreligious imperialism seeks to disallow certain people's opinions simply because those opinions grow out of religious convictions." Under sway of the new im perialism, he said “resistance to abortion will be seen as primitive. Concern over the institution of the family will be viewed as ‘un trendy’ and unenlightened.” He said the new paganism uses the cultivated freedoms of west ern civilization to shrink religious freedom while rejecting the value essence of the Judeo-Christian heritage. other sources. Corporations shelled out 31.6 percent more in taxes, while the average citizen paid 19.1 percent more in income taxes. Property taxes went up 9.7 percent. Administration economists have said they fear that too much of the nation’s wealth is being channeled through governments. They want to reduce the government’s share of the gross national product from 22 percent to 21 percent. The federal government ex pects to spend $491.6 billion in the 1979 fiscal year after spending $450.7 billion in 1978. EL COMEDOR MEXICAN RESTAURANT WRAP DP THIS CHRISTMAS WITH MUSIC FROM TOAD HALL HI-FI |&r~ r A y 7J nr Never before could you own so much quality for so little money. .. listen to our $299 system. During these times when everything seems to cost you more for less, it's refreshing to find an honest to goodness value like this system. It begins with the least expensive speaker we know of with accurate, satisfying, wide-range sound - the Advent 3. Add the depen dable Sony STR-1800 receiver and preci sion Garrard 730 record changer and you have perhaps the finest $299 stereo system available. But don't stop. Add Toad Hall's unequaled 5 year protection plan plus our many other benefits for enjoyment that'll last a lifetime. SONY ADVENT GARRARD NO MONEY DOWN. SI4.95 A MONTH* SAVE 573.95 A S372 95 value if bought separately *299 *on approved credit just 24 payments of $14.95. Total deferred price $358.80, total interest charge $59.80, annual percentage rate 18.15%. cnnpON! DISCWASHER RECORD CLEANER WITH D3 FLUID, REG. $15 920 BELT DRIVE ik RECORD CHANGER Includes walnut base, dustcover and SHURE M70EJ cartridge NOW MO each with coupon, expires 12 24 78 OPEN WEEKNIGHTS TIL 9PM THRU DEC 23RD SALEM 399-8481 LANCASTER MALL CORVALLIS 752-5601 KINGS BOULEVARD EUGENE 485 1262 DOWNTOWN MALL
