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PG. 10 - PLAIN6EALER-WED. FEB. 19, 1969 A Temporary Tax? With federal budget receipts estimated to be $186.1 billion for fiscal 1969 and outlays estimated at $ 183.7'billion, the budget for this fiscal year will show an estimated surplus of $2.4 billion. It is always good news to report that receipts were higher than expenditures for a fiscal year, but before taxpayers howl with glee, they should remember that without temporary tax increases, that surplus could easily have been a minus figure. Then itoo, the federal budget for fiscal 1970 is counting on an extension •of those so-calle^ temporary-tax increases,.: ^ Budget receipts in fiscal 1970 are estimated to be $198.7 billion, $1 2.6 billion higher than in 1969, reflecting both increase yields from economic growth and from tax proposals. The budget at this stage recommends an extension of the present temporary income tax surcharge and an extension of the present excise tax rates of 7 percent on automobiles and 10 percent on telephone services beyond Jan. 1, 1970 ( when these latter rates are scheduled to drop to 5 percent). While we are at it, it might be revealing to disclose where the receipts are expected to come from to riiake up an estimated budget of $198.7 billion. As could be expected, receipts from individual and corporation income taxes will account for nearly 65 percent, or $128.3 billion, of total budget receipts. Extension of the surcharge is estimated to produce $9 billion in income tax receipts in 1970. Next in order as a receipt producer will be social insurance taxes and contributions. This category, representing $45.9 billion or 23 percent of 1970 estimated receipts, includes payroll taxes to support social security, unemployment insurance taxes, premiums for health and supplementary medical insurance, and civil service retirement contributions by employees. An increase of $5.4 billion in 1970 is estimated for social insurance receipts, based both on growth and on recent and proposed tax changes. Excise taxes get to take a bow as a revenue producer, because this source is counted on in fiscal 1970 to produce $15.7 billion, or 8 percent of total budget receipts. In this total, $.5 billion is counted on from the proposed extension of current rates on automobiles and telephone services. The term "all other receipts" is counted upon to produce the other 4 percent, or $8.8 billion, of the fiscal 1970 budget. In this category are such items as estate and gift taxes. , -- Before you as taxpayers reach for the aspirin bottle .after wading through all these billions of dollars, remember what an old tax "sage" asked years ago, "Is there such a thing as a • temporary tax?" 7 ."that Thou wilt most graciously be x ppilet ased to dJiissppoo*s e us ALL \ Justice, to 6 v Love Mercy:;. GeorgeWashington -1783 PUBLIC PULSE To the Editor:" "In Feb. 5 Plaindealer your editorial column pointed out that property taxes in Illinois have just about doubled during the past ten years. "You may be interested to know that while property taxes in Illinois increased by 99 percent, property taxes in McHenry county went up 169 percent. This doesn't necessarily mean that a given individual's taxes have almost tripled because one must take into account new construction and the general increase in values since then. "Nevertheless, the increase from $7.7 million to $20.7 ^million in taxes that local real estate and personal property owners must pay is something to think about when Chicago interests take their ever increasing demands for more aid to the state legislature. "Below is a comparison for McHenry county similar to the one your paper published for the entire state. Efficient Finders In rustic America the term "Finder" was applied to an entrepreneur who received a commission for bringing buyer and seller together. In business today the finder usually prefers to call himself a broker or an agent. However, in some communities, a finder still calls himself a finder. And some finders, in spite of the modesty of their titles, have incomes comparable to those of corporation presidents. One such finder, whose annual income approaches $100,- 000, tells how he does his finding: "I represent several financial institutions which have money to loan on farm property. My job is to find someone who is in the market to borrow. I work in six rural counties with a total population of 150,000. From this large area and population,, the problem of finding a responsible borrower of over $100,000 would seem an impossibility. "The problem is simplified and solved by the locating power of community newspapers. By consistently running small ads in local papers in each county, I find more business than I have time to place." The affluent finder estimated that $100 spent on advertising brings him propsects for loans totaling one million dollars. "It is fascinating because responses come from people whom you least expect to be interested in farm loans. My next-door neighbor, a physician, ansered one of my ads." He added: "I suppose finder is really not the right title for me. I answer the telephone .The local newspapers do the finding. They are the most efficient finders in the world." ; Attitudes & Platitudes Jerry Marcus Taxing Units School Districts, Total 12 Grade Unit Elementary High Jr. College Cities & Villages County Townships Special Districts Fire Protection Park District Hospital Cemetery Libraries Sanitary Total Property Tax Extensions ' 1968 $16,340,107.21 3,078,603.12 6,630,444.37 6,109,858 521,201.31 1,339,108.92 757,657.81 1,580,762.24 335,357.99 168,152.18 51,223.77 3,356.36 30,801.61 29,809.91 1958 $5,729,561.39 1,182,251.73 2,585,031.21 1,962,278.45 471,444.91 409,099.48 893,210.23 121,415.50 37,128.16 47,265.23 2,317.11 $20,736,338.02 $7,711,442.01 BOUQUET FROM FIREMEN "Gentlemen: "We would like to congratulate you on the excellent coverage you gave to the recent fire we were called to in Mc- Cullom Lake. It would be impossible to site the errors and omissions that the other papers had as they were too numerous. It may be interesting to note that the three daily newspapers that serve this area and two of the Chicago papers all had different accounts of this fire. Not one of them was correct. It was most unfortunate that Mrs. Lipke lost her life. The accounts of it were true only in your paper. "The people of this community should be very pleased with the excellent coverage you give to the major news events. Your photographer, Wayne Gay lord, seems to be at these fires directly behind the trucks. Keep up the good work. "Firemen of Company One " McHenry Station" INFLATION? "Gentlemen: "SeveraJ months ago I was notified by my landlord that if the school bond was passed I could expect a raise in rent. "As of Feb. 1 I was notified my rent would now increase twenty dollars a month.. I wonder how many more have had the same experience? "James Catlow" Is S ELECTIVE ^ ERVICE "Fill it up! 'Fill it up!" CAS\ C tA-4_ "Fill it up! /he Travelers Safety Service Set out- below are questions frequently asked of the Selective Service System along with appropriate answers. Your cooperation in printing or announcing these will be in the public interest. Q.: I have been ordered to report for induction in two weeks. I would like to take my car with me to the reception or training center. Will this be all right? A.: The Department of the Army advises that facilities to care for privately-owned vehicles at reception and training centers are limited and there will be little opportunity, if any, for inductees to utilize them. It is also possible that inductees might find it necessary to abandon their automobiles in cases where they are ordered away from reception or training centers and travel by privately-owned conveyance is not authorized. Q.: I have received a II-C deferment because I own and operate a farm, but it's only for one year. Why is this since MY SOW % NEWS TROOP 162 Tuesday at our regular meeting, Jim Cole gave a talk on the requirements of the Aviation Merit badge. After the talk, he showed slides of views from airplanes as well as many types of aircraft. He included I intend to keep on operating my farm indefinitely? A.: No deferment may be granted on a permanent basis. One year is the maximum time for any Class II deferment, which includes Class II-C. Q.: Last month I completed work at our community college with 64 credits. The university will only accept 52 of these. Does such a situation disqualify me for a n-S student deferment as a junior? A.: When a registrant transfers from a junior college or a community college to a degree granting institution, and loses credits through no fault of his own, he may have less than the percent of course completion required by Selective Service Regulations. The local board may, in its discretion,' grant a n-S deferment for the first year after transfer, subject to reevaluation at the end of that year based on the work accomplished at the new institution. pictures of many types of aircraft from the experimental and antique air shows. Some of them looked like they wouldn't fly, but many were beautifully made. The boys discussed going out to camp in Washington. So far, not enough boys are signed up. The trip will include staying at the Circle K-D ranch. The ranch is located in the mountains at the edge of a beautiful lake. In addition, the boys will have the opportunity of visiting the National Boy Scout Jamboree. If you want your son to attend and did not sign up at the banquet, call Bob Decker soon. Reservations must be in by the end of the month. If less than twenty- five boys sign up the trip will be called off. The Scouts talked about paying their dues annuallly. The boys may now pay $6 a year and forget about monthly collections. Also, the boys who prefer may pay $3 for a half a year or continue on the monthly basis of 50 cents if that is best for them. Jim Cole, Public Relations Social Security QUESTION BOX BY JIM JANZ FIELD REPRESENTATIVE Today's questions are ones frequently being asked of our representatives by the people of McHenry county. The Social Security office at 2500 Grand avenue, Waukegan, reminds McHenry county residents that it has representatives meeting people at two locations in McHenry county on a regular basis. The representatives are ^t the Woodstock Public library, 414 W. Judd, WdodstOck every Wednesday from 9 a.m. to noon and at the Harvard city hall from 9:30 a.m.tonoon on the first and third Tuesday every month. If you have & question you would like answered on Social Security in this column, please forward it to Social Security Administration Question and Answer Column, 2500 Grand avenue, Waukegan, Illinois, 60085. Give your full name, address, and Social Security number. If you do not want your name to appear, please indicate this and we will use only initials. Q: My husband is retired. 1 am not yet of retirement age, but I do receive social security benefits because we have a 17-year-old daughter in our care. She gets benefits, too. If she continues in school after 18, will I continue to get benefits? A: No, your checks will stop when your daughter reaches 18. When you reach 62, you will be eligible to receive benefits again as the dependent of your retired husband. Your daughter's benefits can continue, if she is a full-time student and remains unmarried, until she reaches 22. Q: Why should I check my social security record every few years? A: To be sure you get credit for all work eyou do under social security. Then when you retire, become disabled, or die, social security benefits can be paid at the highest amount due to you. Periodic checking is particularly advisable if you change jobs often. You can get a postcard form to request a statement of your earnings at any social security office. If you believe your record is incorrect, the- people at your social security office will be glad to help you straighten it out. Q: I expect to move soon. How can I make sure my social security check will reach me at my new address? A: Report your new address to the Social Security Administration as soon as possible. Also, notify the post office of j^our change of address. If your change of address reaches social security early enough in the month, your check will be delivered to your new address without delay. Q: I earned $3,000 last year before June; I retired in June and began receiving social security benefits. Do I have to send in a report of my earnings to the Social Security Administration? A: Yes, since your earnings for the year were more than $1,680, you must file a report. But don't worry about it. Since you neither earned more than $140 a month in wages nor worked substantially in self-employment after you retired, you will keep the benefits you have received. Parts of India are a barren desert, but show evidences of thriving cities and extensive temples of pre-historic peoples. What happened?? For Your information Alcohol and gasoline never did, and never will, mix. STARTING FEBRUARY 13, 1969, THE OPHTHALMIC PRACTICE OF DR'S. SIMPSON, HANNA, FRANKEL AND LEONARD WILL BE RESUMED IN OFFICES AT THE ELGIN HOLIDAY INN Route 31 and Tollway On Telephone The Frontage Road 741-0227 Dear friends, It is a wise procedure to keep a certified- record of one's birth with any insurance policies that might be in force on one's life. This is advisable because any discrepancy in one's proper age may delay settlement of life insurance claims. Further, an age differential can conceivably result in a lesser amount being paid to tHfe beneficiary by the insurance company involved. Respectfully, fvVHen r y, PETER M. JUSTE N & SON FUNERAL MOi 385-0063 5 8 B l » lT» » ri 8 B B'fl 15 5 8 5 8 fl fl fl 8 Are You New In Town? Do^ou Know Someone New In Town? We would like io extend a welcome to every newcomer to our community. Ann Zeller m : : CALL 385-0559 Fran Olsen: 385-5740 Joan Stull 385-5418 g B B B 8 B B 8 8 89 811 Q Btt Q C r U Q 8 tt 8 Q 0 tt fl fl fl 0 0 o t , ' e 0 e 1 ROYAL WELCOME DRIVING FOR TRAFFIC SAFETY ty Paul Powell Secretary of State You may have chuckled at signs posted on approaches to bridges referring to ice on the bridge and at times, say on bright sunny days, this might seem quite incongruous, but there is sound reasoning behind those warning signs. Quite frequently the ground temperature is warmer than the air temperature, and when moisture, such as dew or frost, / - forms, the ground temperature is high enough to dry the pavement and keep it from becoming slick. But in the case of bridges, the air is circulating around the structure and the air, being colder than the ground, will keep the surface of the bridge cold enough to let the moisture freeze, or on warmer days the surface of bridges will stay damp longer than the rest of the pavement because of this same reason, thus causing the surface to become slick. Shady spots will have somewhat the same problem. A tall building may cast a shadow across a street, leaving an area where the sun has not melted. snow or ice. The problem is just as dangerous in outlying areas when a highway passes through a grove of trees or is on the shady side of a hill. For a copy of the Illinois driving manual, "Rules of the Road", write to Paul Powell, Secretary of State, Springfield, Illinois 62706. ILLINOIS SEAPORTS Illinois seaports' advantages to shippers were, highlighted in Washington, D.C. recently. An exhibit on the seaports featured of the Mississippi Valley Association's golden anniversary meeting Saturday through Tuesday. The display, arranged by the Export Expansion division of the Illinois Department of Business and Economic Development, focused attention on reasons why Illinois ports are advantageous to both foreign and domestic shippers. oNAL pgOF£sS TO*V OPTOMETRIST INSURANCE Dr, John F. Kelly At 1224 N. Green Street, McHenry (Closed Wednesdi Eyes Examined Glasses Fitted Contact Lenses Hrs. Dally 0:80 a.m. to 5 p.m. Friday Evenings 8:30 p-m. Evenings by Appointment PHONE 385-0452 Dr. Leonard L. Bottari Eyes Examlned-Glasses Fitted Contact Lenses 1803 N. Richmond Road Hours: Mon., Tues., Thurs., Frl. 4:00 p-m. to 6:00 p.m. Tues., Thurs., & Frl. Eve 7 p-m. to 9 p.m. Sat. 0:30 to 3:00 p.m No Hours on Wednesday PHONE 385-4151 If No Answer Phone 385-2262 OFFICE EQUIPMENT McHenry County Office Machine* Sales • Service & Rentals Typewriters, Adders, Calculators Mon- - Sat. 9:00 - 5:30 Friday till 9:00 p.m. Phone 459-1226 93 Grant St., Crystal Lake, 111. METAL WORK Schroeder Metalcraft for Home and Garden Wrought Iron Railings Fireplace Screens Antiques 1705 S. Rt. 31 PHONE 385-0950 IT PAYS TO SHOP IN McHENRY Earl R. Walth Fire, Auto, Farm St Life Representing RELIABLE COMPANIES When You Need Insurance of Any Kind PHONE 885-3300 or 385-0953 3429 W Elm St, McHenry, 111. George L. Thompson General Insurance • LIFE • AUTO • HEALTH • FIRE • CASUALTY • BOAT Phone 815-385-1066 3812 W. Elm St, McHenry In McHenry Plaindealer Blffd. Dennis Conway Auto, Life, Fire State Farm Ins. Cos. 3315- W. Elm St McHenry, Illinois 385-5285 or 385-7111 LETTER SERVICE Mimeographing • Typing Addressing • Mailing Lists McHenry County Letter Service 1212-A N. Green St PHONE 385-5064 M o n . t h r u F r l . 8 - 5 Closed Saturdays ACCOUNTANTS Paul A. Schtvegel 4410 West Route 120 McHenry, Illinois 885-4410 VACUUM CLEANERS Authorized and Bonded Electrolux Representative JAMES VAN FLEET 2501 Martin Rd. McHenry, Illinois 385-6027