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PAGE 20-PLAINDEA1.ER-WEDNESDAY, OCTC»ER25, 1972 IBIIHIIIIIIIIIHHinillWIIHinlHHIIIIIIIIHIHHIHIIIIIHIIIIIIIMHI Economic Questions Stabilization Answers Internal Revenue Q. Can a firm increase prices because of an increase in sales tax? A. No. Sales taxes collected by a firm for the state would not be part of a firm's annual sales or revenues nor would they enter into profit margin calculations. Moreover, an increase in the sales tax rate would not justify a subsequent increase in prices. An increase in excise taxes, however, would justify a price rise, because the tax is imposed on the production of the item, whether or not the product is ever sold. Thus, an excise tax is an allowable cost. Q. How are legal fees con­ trolled under the Economic Stabilization program? A. Law firms with more than sixty employees can not raise legal fees above a 2.5 percent annual limit. This ceiling ap­ plies to increases in legal fees for the 12-month period that began Nov. 14, 1971, and each succeeding 12-month period. Firms which have already raised their aggregate fees above the 2.5 percent limit since Nov. 14, 1971, will not be permitted further increases until the excess is worked off. Q. May a firm include in­ terest on long-term debts as an allowable cost when calculating its current profit margin and its base period profit margin? A. Yes. Under a new Price commission policy, companies with fiscal years beginning after July 31, 1972 must report interest on long-term debts as an (g>erating expense when calculating their current profit margin and base period profit margin for Price commission purposes. Previously, only interest on obligations maturing within a year had been allowed in making these computations. All Category I and II firms which did not previously use interest on long-term debts as an allowable expense when calculating base period profit margins are required to refile forms PC-50. Category III firms must also adjust their records. Q. Can an employer automatically pay salary in­ creases to new employees who elect to become union members and thus, are able to qualify for a higher wage s<^le under a master collective bargaining agreement negotiated before the freeze? A Yes, if such a collective bargaining agreement was entered into before Nov. 14, 1971. However, this em­ ployment contract is subject to challenge generally by the employer, the union or two members of the Pay Board. For And About Teenagers HBACTSUKe HE ME. Bur He ivottr AS* ME TOGO siHApy THIS WEEK'S LETTER: I have a problem and I need your advice. You see there is this boy and I like him very much, but I don't know if he likes me as much. Dur­ ing the week he comes over and that makes me happy. He calls me sometimes, and he acts like he likes me, but he won't ask me to go steady, and I really want to go steady with him. Like I said, I like him very much. What should I do to get him to ask me to go steady? How can I find out if he likes me or not? And how can I get him to show if he likes me? OUR REPLY: It sounds to us that he just likes you as a friend. Don't try pushing him to go out with you or you may end up less one friend. Cultivate whatever it is that keeps you friends, such as mutual interests, similar personal­ ities. and the things you enjoy doing together. If you do this, it may grow into a romance or the two of you may become better friends. You can't really lose if you just cool it as far as going steady is concerned. When he's ready to go steady, you'll know. If you how o jno woot to discuss or an observation to molts, ad­ dress your lottor to KM AND ABOUT TEIN- AGERS, COMMUNITY AND SUBURBAN PRESS SERVICE. FRANKFORT, KY. 40*01. RE-ELECT CONGRESSMAN BOB MCCLORY a man of <3 concern" During his 10 years in Washington, Congressman Bob McClory has shown his abiding concern for improving the environ­ ment, raising living standards and assuring the rights of a safe and just society. As the Republican candidate for the new 13th District parts of Kane, Lake and McHenry counties, he will continue to support the landmark programs initiated un­ der President Nixon's strong, constructive leadership. BOB MCCLORY 11 a man of concern" V Congressman McClory maintains intimate contact with con­ stituents, finding special interest in meeting with young peo­ ple. He declares: "I like their awareness, their insight, and their determination to take part in improving conditions in our nation and throughout the world." BOB MCCLORY his accomplishments Active sponsoring, participation and support for: • EQUAL RIGHTS FOR WOMEN • McCLORY'S MONDAY HOLIDAY BILL • CONVERSION TO U.S. METRIC SYSTEM • NATIONAL INSTITUTE OF LAW ENFORCEMENT AND CRIMINAL JUSTICE • DELEGATE TO U.N. CONFERENCE ON HUMAN ENVIRONMENT plus many more activities BOB MCCLORY representation 13th district LAKE COUNTY Antioch/Newport/Benton/Lake Villa/Grant/Avon/Warren Shields/ Wauconda/ Fremon t/Cuba McHENRY COUNTY Marengo/Dorr/Nundo/Riley/Coral/Grafton/AIgonquin KANE COUNTY Hampshire/Rutland/Dundee/Burlington/Plato/Elgin/Virgil Campton/St. Charles/Kaneville/Blackberry VOTE REPUBLICAN NOV.7,1972 VOTE BOB MCCLORY Committee to re-elect Congressman Robert McClory. Donald M. Lonchar, Jr., Treasurer, P.O. Box 232, Lake Bluff, Illinois 60044 i . ; S. Playing marble 11 Zeal 12. Bud- leading Count 13. Young hip­ pie, usually female 15. One of Guido'a notes 10. Nigerian city 17. Electrified, asawlre 19. Network 22. Within 25. Roman statesman 26. Ethics for the "now" generation (2 wds.) 28. Sourpuss 29. Diminished 30. Dear one (colloq.) 31. Elderly 32. Pronoun 33. Miss West 36. Joan Baes specialty (2 wds.) 41. Ancient region of Asia Minor 42. Main artery 43. "Oscar," for one 44. Suit fabric DOWN 1. Companion 2. Russian „ city 3. Thought 4. Scion •.Attach one syllable 14. Drinks IS. Wedding 19. Stand 20. Suffix 21. Actor, 23 woife, Tod°y,# Answer flc- ufcjuuri :•)•••• •nCJKD •UiX-JU mr titan fcit-JUB •wo uuuauc LJQOR onukJunwii;L:t iti wnciM tK-Junmo iJN'J MHIIhJ UC'Jt) CiWU •tirinwi lumun r UK-mi i nwyac MHCJUCJ nuuwc sleuth 24. Aquatic bird 25. Garbed 27. Presi- * dential nick­ name 31. Onward 32. Agitate 33. Extra 34. Poker word 35. Minced oath 36. Ingrid's daughter, 37. Use 38. Wish (2 wds.) 39. Make 40. Porker's mater SAFETY TALK - Chief Glenn Peterson talked to the first and second graders of Valley View school Fridays Oct. 13, about fire prevention. Shown here with Chief Peterson are children from the classes of Mrs. Gilmore, Mrs. Miller, Mrs. Moerschbaecher and Mrs. Obenauf. From left seated, are Robert Sarabia, Heide Bender and Shari Parks; standing, Jill Copeland, Robert Dodd, Teresa jGertsma, Jay Flicek and Edward Garner. IIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIB IIIIIIIIIIIIIIIIIIIIUIIIIIUIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIHIIIIIIIIIIIIItllllllll JOIN US IN CELEBRATING OUR iniversary FOUR DAYS OF SPECTACULAR SAVINGS & PRIZES! THURSDAY 1HRU SUNDAY - OCTODER 26th thru 29th 0)11 to wvhe SWAG LAMPS 25% OFF ARMSTRONG - CHAPERONE IUO TIIF 12x12 $1.99 XIL V,"" T,C CEIUHG THE \y Each l°o% SAVE 25% •»</ sr„,DT * Hno" sculptured urpEt. $5.50 Installed W/pad 100% HlU# HIGH OEHStn rubberb^S tXV»EH CAW" £ 75 \nsta«ed: 4mm ON ALL KITCHEN CAHNETS H**tmooD*L *Z99 fHHEL Savings To 20% facA ON IN S1DCK VANITIES! 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