MfcDKOHD MAIL TH1BUNL. MLDi OIIU OKtUOM
C-
THURSDAY, AUGUST 22. 1363
Western
into
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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!
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