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About Medford mail tribune. (Medford, Or.) 1909-1989 | View Entire Issue (Aug. 22, 1963)
MfcDKOHD MAIL TH1BUNL. MLDi OIIU OKtUOM C- THURSDAY, AUGUST 22. 1363 Western into 0 0 0 FLOOR SAMPLE CLEARANCE 0 SIDEWALK DAY VALUES LIVING ROOM SPECIALS! BEDROOM BARGAINS! 111 '' Jrs'- 1 ft 3 --7 ONE FOH COURAGE - Marly Portlaw, 5, Bivcs his pooch, Rusty, a giant hug for courage shortly before the judges of San Francisco's "Mutts Only" dog show arrive to select the tallest, shortest, noisiest, shaggiest, and most disobedient dog from among 125 entries. (UPI) Capitol Memo Few Know Contents Of Legislatures Tax Increase Bill Salem - WPII - While thou-i in personal income tax rates. sands of persons throughout Oregon either oppose or sup port a rclcrrai of the 1063 1 e R islature's $60 million lax increase package, few nf thorn knnw what's in the u m '.IrJ The Parage L 1 3 adopted by stark the legislature Includes three major divisions - a liberalized capital gains tax offset by increases in the corporate excise lax, a one shot speedup of withholding tax collections to be used only if needed, and increases : -rfil Ik PROMOTED - John M. San derson, above, has been pro moted to assistant manager of U. S. National Bank's North Medford branch, E. J. Kolar bank n r e s i d e n I, has an nounced. Prior to his promo-1 tion, Sanderson was loan counter assistant manager at the North Medford branch. Sanderson started with U.S. National in November, 1947, in the bookkeeping depart ment. He is a long time Med ford resident and a member of the Elks Lodge. He also is active in scouting activities in the Medford area. Staylon Youth Dies Of Electrocution Stayton -HOT- Thomas Ay mong, 16. was electrocuted near here Wednesday after noon when a 60-fool irrigation boom contacted a 12.000 volt electrical transmission line. The personal income tax increase would raise an addi tional $48 million. The one shot speedup would bring in another $12 million just be fore the end of the current biennium. Income Features Listed The main features of the new personal income tax bill are these: -Removal of the federal in come lax deduction. -Joint treatment for head of household., -Students allowed as de pendency credit. -Full extra credit tor blind persons. -One-half extra credit for senior citizens (over 65). -$22 tax credit for personal and dependence deductions. -Unlimited medical deduc tion above 5 per cent of in come. -5 per cent optional stand ard deduction. Fractional rates ranging from 2 to T,i per cent. -Base broadening via a $5 filing fee, 1 per cent of the adjusted gross income, or the tax, whichever is higher. Federal Tax Smaller Elimination of the federal i income tax deduction will ' mean that state income lax j payments will go up substan-1 tially, bill federal income tax payments will be reduced. In effect, the federal gov- eminent will be paying a part of the state tax bill. As an example, take the I case of a family of four with a $5,000 income. The slate tax goes up $35, but because that is deductible from fed eral payments the federal tax would be reduced by $7, re ducing the out of pocket cost of the tax increase to $28. All Levels Affected Examples of how other in come levels will be affected: A single person with a $1.- 000 income will pay an addi tional $2, a couple would pay $10 more, and a family of four $10 more. $4,000 income - Single per- son $25 more, couple $19 i more, family nf four an addi- tinnal $15. j $7,000 income - Single per I son $43 more, couple $43 I more, family of four an addi I tional $55. S9.000 income - Single per I son $46 more, couple $56 ; more, family of four an addi ' tional S74 ' $15,000 income-Single per I son S84 more, couple $113 j more, family of four an addi- i tional $115. $25,000 income-Single per son $173 more, couple $144 more, family of four an addi tional $1K2. $100,000 income Single per son $533 more, couple $792 The victim was the son of nl,,,e: '"",ilv t '"' an Mrs. Betty Aymong, and also I aonmonai ' is survived by two brothers , oye , l,e Sj' 1,1 ' "K'ome and two sisters. I rvo1 ,e morc chlld":," ml j have, the more you pay prill .tie accident occurred a , cinle goes into effect. This ttie Maurice Fery farm about i reflects the belief on the Dart of legislators that because so a mile souinwesi oi nere at 4:30 p.m., and is still under investigation by authorities. CORN FED TOO? Wichita, Kan. - VTi - Com petitors in the Kansas hog queen contest Friday must be between 16 and 21 years old and have been reared on a farm where hogs were raised, according to the Kansas swine improvement association, the much of the stale's general fund-about 60 per cent- goes for education, couples with lots of children should pay a bigger share of the tax load. NOW YOU KNOW By United Pre International The Liberty Bell, situated at Independence Hall in Phila delphia, weighs 2.080 pounds, according to the World Al m nm?. 5 pc- RANCH STYLE SET Solid Oak Daveno & Rocker, Upholstered in Heavy Plastic, two oak end tables and coffee table. YOUR CHOICE &5366 WAS $309.95 ' V 10 pc, BEDROOM SUITE In Brown Mahogany, Nine drawer dresser chest, Bookcase bed, Plate Glass Mirror, Innerspring and box spring, pillows and boudoir lamps. 6 pc. SET FEATURES Armless divan in nylon frieze with 2 end tables, 2 table lamps and coffee table, divan makes into a bed. YOUR CHOICE $119.95 VALUE MAPLE BUNK BED SET Complete with guard rail, ladder and 2 slab mattresses. TUCK-A BED Upholstered In nylon frieze, foam back and cushions, opens into a full size bed with innerspring mattress, stores bedding when used as a divan. YOUR CHOICE 4 REGULAR $279.95 33 3 pc. BEDROOM SUITE Beautiful flamewcod finish, huge plate glass mirror, triple dresser, bookcase bed 1 and matching footboard, slight mar. YOUR CHOICE 2 pc. LIVING ROOM SET sf Upholstered in nylon frieze, daveno con verts to comfortable bed that sleeps two, matching club chair. REGULAR $179.95 4 pc. BEDROOM SET Double Dresser, panel bed, plate glass mirror, chest of drawers, Walnut finish. mS9 DINETTE VALUES 7 pc. DINETTE SET Six foam padded chairs, rfc f No-Mar table. Regular r f S V- 1 $99.95 IVJJ 5 pc. DINETTE SET No-Mar marble top table, 5-foam padded chairs. Regular $59.95. MISCELLANEOUS ITEMS! 12 DRAWER CHEST 5)88 Knotty pine. Regular $38.95. RECLINER CHAIR Plastic and Frieze u holstery. . . . Regul $99.95. UNPAINTED CHEST 10 drawers. . . Regular $28.95. 7 pc. DINETTE SET Woodgrain, heat resist ant top, bronze legs, 6 faom padded chairs. Regular $109.95. $Jg88 RECORD CABINET Unpainted. . . . Regular $14.95. 10 7 DRAWER DESK Mahogany seven-drawer desk. . . . Regular $41.95. $ 2 95 HARD MAPLE DESK 88 4-Drawer hard maple desk. Regular $59.95. 3 mmiKi PICKET FENCE White painted, 3 fool sec tions. Regular 40c. 22c SMOKER White floor model. Regular $8.50 $il44 Kitchen STOOL Plastic seat, chrome steel. Regular $11.50. SLING CHAIR Kiddies canvas cover. Regu lar $1.19. OUTDOOR FURNITURE Folding Chair Reg $49s $3. Chaise Lounge Reg $7. Redw'd Table Reg. $24.95 S19.88 Redwo'd Chair Reg. $22.95 $17.88 estem nto 25 SOUTH RIVERSIDE Medford PHONE 772-6217 sa,i,f.nGu.,.r. STORE HOURS: 9 A.M. TO 5 P.M. OPEN EVERY FRIDAY UNTIL 9 P.M. or Your Money Bjck ,,,0.0,, no MONEY DOWN... UP TO 36 MONTHS TO PAY! a 3 i
