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“Send More Money” An ancient joke tells of the amateur poker player who fell in witn a group ot professionals, lost his shirt, and wired home: "It's a great game. Send more money." The American taxpayer is now in the shoes of that hapless victim. At the federal level, we hear much talk of income tax reduction—though how this can be accomplished, in the light of eight or ten billion dollar annual deficits without shrinking the dollar’s buying power farther, is a question that would stump Socrates. That aside, other federal plans, now in the press-on-regardless stage, call for a myriad of changes in tax policy that would subject individual and corporate taxpayers alike to an almost endless series of expensive irritations, and bury us under a flood of tax forms. At the state level, there is, for the most part, a mad search for more tax-revenues for welfare services for schools, for highways, for urban renewal (the current polite term for slum clearance), and for just about anything else anyone can dream up. Most barbarous of all is the scheme-now in effect in some states and planned by others-whereby federal income taxes are not allowed as a credit against state income taxes. Thus, the taxpayer pays^a tax upon a tax, or money which he never really had at all. No man can foresee the end. But the way we’re going that "Send more money" wire will have to go unanswered. The well runs dry.
| Manpower Training
and Development
Registration of unemployed and some under-employed, area residents as prospective trainees under the federal Manpower Development and Training program recently has gained considerable momentum after a slow start late last year. The pick up in registrations is reported by the Vir
93.4%