Historical Newspapers of South Carolina

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j ■ About Taxes? Not Hopeful -.rfdaston. D. €.. Jaly-The past 5ihiiTe been trying to auike an forecMt ot the proepeeta Podend taxes after Japan 'ii which ahonW be within sU dUT’ This la e summary of my iuTsetor little realises ^tremendous sums oorporations ‘ allied by excess profits taxes. ^ eases these taxes pmount to pmount '?Ln inTsstors recelTe In dlrl in fact, some times doable or fc.og triple. If these were sud- J: eliminated, af^ Js]^ gome companies could double i*^le thebr dlTldonds—Jet In all Stability this will not happen, 'poci»Uy If company earnings faU off itm sure that the excess proflta will not be cut off altogether corporations will be lucky If they cat In half within a year aftw Voa coUapses. My present beUef Sit these excess profits Uxes will JJTgUy be reduced as the eamtags >Minpaales gradually decline during ^twar period. The general pur- ^ such a tax progium would be T«ep corporation net earnings about e they are today without glrlng the adrantage of peace, but pre- ng them from being penalised by _ ^g off of war busisees. hfomal corporation fhxes before the were *0 per cent. Then they jacked up to 40 'id per cent and perhaps etaldliia be a fair thing bo do s the profits taxss are eliminated Congresamw ihould insist iB the AdmlnlstratluD ere Ulklgg the eutlre elimlgstlfni o< em< taxes and potting all the tax on indhrldnala after they ra. their dlrldViM Th#r tMorjr rtkst with the pres^ high cerfosu- taxee the smell fOTSstor is taxed "his esrefnl ssTings the femg as ik mnltl-mOIioasire. HeiMe> Uftn let all dtrldends come throuim /the corporation withont taxation then tax (hane gtvMendn an theg leegred by Imllrldaals. The _ inreator would then pay only, I M per cent tax, while the mO- would pay a M per cent tax. iPreeident Truman in an hanant bermore, he Is thrifty and am is thrifty and hopee to balaace the budget he runs again for office In He can so balanme the had by keeping np taxation. Hence, Dot u optimistic es some of my ids In bellerlng that there wlH be tax reductions sftmr Japan ‘We shoiMd hope fOr the but ffspare for the worst** At thie h my eooclaslon^ at the eot time. The only pqsslble ex- ID is In th ecase of corpomtleae stock at market priees repre. actual cash lOTested. Thsse be exemptions to the sutent that kook raluee of corporations •etnal cash Invested are repre- lied In the assets. y, let it be remembered that fh President Truman is both t snd thrifty, he has been well ed In the school of poUtto. Al- «h he may turn neither ‘ to the t nor to the left, yet be may per- nthat acrobatic feat which the t-rope walker wltii the long pole orms at the circns. Instead''of ving any cme preaenae group or ring any other one pressure group vUl throw a few crumbs to each are group. This means when it les to taxes that all forms of taxes fees profits, normal corporation, Idaal and so-called ‘‘nuisance «AOS MVIM p¥t Joyner Now At French Port WAC Group Pvt ’Virginia U Joyner. 1004 Fair street, was one of It members of the Women’s Army corps, recently arriv ed in Fraaoe, and assigned to various sections of the Normandy Base sec tion headquarters. Is now engaged in handling Important details of a huge redeployment prograaa. Pvt Joyner Is helping in the trans fer of thousands of troops and tons of war supplies from the European theater to the United SUtes and Pa- eUlc area. Soldiers being redeployed Ihelude those eligible for release from the army and those headed for home and furlough before transferring their astivltles against Japan. Stationed at a French coastal re sort city, the WAOs'are provided with eomfortsbie living —snd working quarters. Meithant Marine Need More Men Ob PuMBhw I, 1H1« •Mgrum, aahiiW te • tisB uf war SB Bosssrslt aMrsssed a Jolat sessloa of af war agatawt Ihs JapaBsss. Deslata- Library Notes Boom rooeat hooka to bo found at Sm llbtoCF are: Coengsodoro Horu- blowsr by C. B. Poiustor. Tho Wide Houao by Taylor Caldwell. The Red- Hatrod Ltobr Iv Blubeth Corbett, The CRy of TVembUng Leavee by Walter vaa T. Clark. Among the myatsrlee are: The Murderer Is a fyxx by BUpry Qusen, Silence In Court by Patrieia Went worth, Three Short Bleru by Jimmy Starr. Cry Wolf by Marjorie Carleton, Au Intelligent American's Ouide To ths Psaos by Sumner Welles, Ameri can OuerriUa In the Philippines by Ira WtSfert taxee—raiLj aU bn rodnoad proportion. Atoly. gMac eumy dag a mtie bHe.” Want a profUahle tovestmant, Mr. and Mrs. Fumsr? Take a see-and- learn vacation. More men than ever before are now being enrolled by the U. S. Maritime Service for Merchant Marine train ing. Those volunteers who are ac cepted wUl be sent to the U. S. Mari time Service -Training sUtion at St. Peteraburg, Fla., or Sbeepehead Bay, New YorkI The enrolling office at Charleston, stated that men between the ages of 17 and SO are eligible for enroll ment providing they can obtain a re ferral card from thalr lohal employ ment service office. Applicant! be tween II and N years of age must obtain written permission from their local Selective Service board, unless 4hey hold an F, L or 1-C classifica tion. For further. Information, apply 41- Pfc. K. S. Shebeen Is Awarded The Purple Heart A rect to the U. S. Marltlnie Service'En- rolling Office, 17 Broad 8t. Charlee. ton S, 8. C. ' Is AH ms M f Lmiivs loir ni IIm W^ea you fM. la spirits aeoooat’* — ' up- sosaswhat “no assd a K-UMKL CAN BRINOron.. waat rsUsf you waat lit . ju doa't want ts wait for hoora (KruKlMa sots aauaUy wtthla SB hoeiH — CWntlon — uss oav as 41- rsotsd. Wsawlets the doss to suit your ova rsoofioBMeta. M KRUaCHKN SALTS today St say. waoA dnig gUra Kruschen- Salts Piivste First Class Kamel S. She been, son of Mr. snd Mrs. Faris EQie- heen. Fair atreet, who Is with the 4(Kh armored Infantry battalion of the 9th Armored division, has been awarded the Purple Heart for Inhnies suffer ed In action sgelnst the enemy In Western Europe April II, IMI. Pfc. Shebeen’s battaUon had an Im- portant part In tho battle of the Bulge and was oommsBied tar Its fighting by the commanders at the two armies, thref corps and fear dlvIrtSBa. Later the Ninth Armored was applauded by the entire Allied world for Its speo- taculsr capturs of the flrat bridge BorosB the Khtes at Romagon. Pfc. Qheheen’s Job was that of a rlflesMUL He has recovered from his STAR TAXI Dependable 24-hour Service Phone 128 Late Hours... if no answer Phone 216-R or post yonr caHs for inck-ups after 12 o’clodt, midnight Marion Hudson, Owner The Company who appreeimUs yowr hueinees. iking CcIfingB Your Day? ^ SO, an Bxpect re abh»K* w re-roofinir jofc k* wh«t ^ i<^ant. Don*! pvt pp with ^ CBiliiifs Bay laaifarl • «*»«aper in the loaf rva •have tliB roof rodobe., A "““MeatatiTo will call at aad fhrv a frao mte. No obligatioa. Mms-MANVUiX AP. niovED nsoFiiU ■*0 DOWN PAVMUrr NECESSARY. M.E.TOPB ~ SaU HARVEST -c Than is AH ovar lha wodd. food ferts ore Korea. There Is a qkjxd shortoga of iadosMcd lots and <rilN aa- sanflol to victory ond paooa. AmaArwn kUdiam, ojoootdlnu to War Fa^ Ad- ipjoIgtroUm. ora the "moat iarllla touioa" from to meet 1945 fobs and oils raquiramants. While it tedres lots of manpower, tofl, sweat Uxne, gasoline ond machlnary to cultfvata ond THIS MESSAGE IS SPONSORED BY • Jt harwOtA olbead crops# it requires little effort to sedwage fort in your kHchen. U you scrcqpe# scoop cold skim one pound of used fat every your contribution will equal the oilseed yield from eight Victory gardon plots plonted exdusiTely to oil crops. - Sore, eyery single dropl Turn in your used kitchen grease for cosh cmd extra ration pointsl THE FOLLOWING BUSINESS FlRMSt (Siristmas & Chriahaas Bogan Store ' A. Si^heei Grocery F.SM.l!rocMy8h(9 A. ft P. Store ’ f Shealey’s MaAet Camden Fcgid J. Mbndy Smith mmmta