The Silsbee Bee (Silsbee, Tex.), Vol. 60, No. 8, Ed. 1 Thursday, April 6, 1978 Page: 2 of 24
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TEXAS PRESS
ASSOCIATION
MEMBER
RATIONAL NtWBPAPtfi
mmwm
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Founded 1085
StCOND CLASS POSTAGEPAIDAT SILSBEE, TEXAS
Published every Thursday at 410 Highway 96 South. Slltbca,
Texa* 77656
Subscription Rata: *5.00 par y*or in Hardin, Jasper. Tyler
and Jefferson Counties; V.00 per yaor out* Ida
These count la*.
R. L. READ.
MRS. LEONA WHITMAN-
MRS. TRUDISHOLLYFIELD-
eveiyn run-
RICHARD WEATHERSBY
MRS. BARBARA PARET—
HELEN RATLIFF_
Editor and Publisher
Soclaty and partonal Editor
—-—Receptionist
----------— Sola*
----—------- Controller
—Special Faatura Wrltar
_"Talk of th# Town'
HAROLD LEIGH-
JAMES JOHNSON—
BILLIE JOE WILLIAMS
E. MINTON-
M.E.
JERRT
IY STEVENS.
DREXEl SNELL-
Forman-Operator
.Printer-Pressman
-Prlnter-Pressmon
.Printer-Pressman
—_Operator
-Operator
Jungle Choice
“Law Down”
FROM THE
Congressional
Record
By JOE CRUMP
/f?P»
(A OUmm fer Iwtin Who Jfaum‘l The# to
•crime the Ocagr—(seal Jteeer* Dally)
SENATOR WILUAM PROX
MIRE.
Mr. Preeldent, if wa believe
In any kind of equal economic
opportunity for women, the
Ng|Mt employer In the coun-
try ie the Armed Foraoa. They
employ over S million people.
The Armed Foreee provide
excellent opportunities theee
deye. Women ore being turned
ewoy. qualified women. Women
who ere accepted, there la no
question that Urn record ehowt.
have a better record of tntelll
genet, a better record of
education, and loan turnover.
They Improve the quality of the
Armed Foreee in all ktada of
way*...
“I commend thin axeoliont
editorial to the attention of my
oonaanUhat It be printed in the
Record. '(Coodonaed editorial
(From The Woahlngton Fori)
folio we;
WOMEN IN COMBAT
ment have
Amend
down over
whether its
would force the
in
to decide where women ehouid
nerve.
Unless women can be ossig-
nod to a much broader range of
military Jobe the department
oaya, it will be forced either to
leave slots In the combat units
unfilled or to fill thorn with
leee-qualifted men. We, at
ioori, would rather have a
well qualified woman in a criti-
cal combat Job than an unquali-
fied man.
It ia a happy coincidence that
the Pentagon has realised its
own practical need to open the
Job* available to women at the
same time the women in the
military are coeking thoee Jobe
for quite different rations.
Congrats ought to change the
law at the Defense Department
hat requeeted end without the
tlighteet hesitation.
CRUMPS GRASS ROOTS
COMMENTS........................
The pentagon couldn't care
ieee who fifhte the enemy, aa
long aa we win. There ore
certain risks connected with
being qualified for promotion.
The Senator * contention it that
cannot be qualified for
Community Hazards
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Book Ftnet Are
Cancelled Owing
library Week 7 '
Sii*bee Public Library will
cancel all fine* for overdue
book* this week in observan-
ce of National Library Week,
April 2-8.
Second grader* from
Lvadale, Fred and Silsbee
will toUr the library. A film
on “Book Care” will be
shown.
Film* are available
through Houston Public
Library with a four week*
reservation notice.
The , library own* ap-
proximately 30,000 volume*
and circulation is ap-
proximately 60,000 volumes
a year, according to Mr*.
Dawn Lauck, librarian.
GIBSON
DISCOUNT
PHARMACY
Computerized Prescription Service
GOOD OLD DATS?
Copyright \1U Polity
Income tax.
New Legislation Highlights
When pizpaimg your In, return this
yrat yiMirr vutr to inane (hat liierr are
mull) , lunyrv in the ln» In* a, well .1, in
Ihe l»» form, You'll qutvkly And <»ul,
however, IhaMhrve arc lor Ihe movl purl,
ihnnjic* not lor the vakr of thangr hut
1 hatigri for Ihe hcllci
For c.imple the vundurd dedui lion huv
hern replaird hy * flat figure known at- ihe
zero hmckel amount." which iv $2.2<X)
lor single, and unmamed heads of houve
hold. V'.-’OU lui marticd* tiling gyntly and
qualifying widow, 01 widoweiv. and $I,MXI
for mirrtedv llhng separately Previously.
Ihe rpgyimuH deduelnui wa. K. pciccul uf
lacoms up lo IJ ooo for single, bad unmar
ned head, of liouvehidd. $2.WX> for mar
tied* filing jointly and qualifying widow,
or widower, and 61.400 fur married, filing
separately
And there are new la, fable, with ihe
zero hmckrl amount, personal exemption,,
and grncial la, credit huill righi in ,o that
these no longer have lo he ligmed vepa
lately ( hamcv aic ihui these lahlev will
cut down lelund delaying math enoiv foi
many taxpayers
II you own capital a,,els, viiih a,
vlikkv bonds 01 ical pioperly that you
intend lo veil ihi, year, you should know
that in nidei lo qualify loi long term ,api
lal gain 01 loss licalmrnl, you must have
owned Ihe asset for more than nine
months The holding period in prior ycais
was mote Ihan si* months
— While the holding period hav been es-
tended, the amount of a sapital loss you
ca’n use lo uftwl your la,able income has
doubled from 11.(MX) lo $2 (XX)
If you moved for employ mem purposes
in IV77, vou will hnd seveial vhanges in
ihe la, law Ihe distance requirement
Ml miles has been .hanged 10 1' miles, ,0
you won't have 10 move av far in ordei lo
claim moving e,pence,
In addition. Ihe mu,imum deduction lor
pre move househunting and temporary liv
mg cpenscs has gone up from SI,(XX) to
Sl.MXI, and Ihe total m.mimim deduction
lor pre move houvchunlmg and temporary
living e,penvev plus espenses related lo
buying, selling, or renting a home is in
creased by $500 and is now 61 .(MM)
Older, Americans who ,old their homes in
IV77 can look foiward lo a sizable change
111 ihe :a, break available lo them
- I'rcvKHody anyohe age *5 or over who
sold a home did noi have to pay any la,
on the gain if the adjusted sales price of
the house war, MlMXXl or lev*
fhc e,elusion amount has nbw been in-
creased so that you pay no la, on Ihe gain
from the sale if ihe adjusted sales price is
$(5.<XXI or less If the adjusted sales price
is over $(5.(XX>. purl of the gam may be
e, eluded
Remember, the adjusted sales price of
your home is the selling price minus selling
espenves and certain allowable living up
espensev
If you uie a worker undet 7011 and do
not parltcipale in any other qualified pen
sion or annuity plan dining the year, you
may now establish and contribute lo a
separate Individual Retirement Arrange
men! (IRA) for your non working spouse,
or maintain a separate account lor your
spouse in your IRA If you establish IRAs
loi you and your non working spouse, you
may conlrihule equal amounts 10 each bui
rhe-onal umottm- should mil exceed T* per
cent of your compensation, up lo $1,750
You have an additional 4' days from ihe
end of the la, year (until February 14) to
make your contribution and still deduct if
*>***' your la, relurn The advantage of an
IRA. of course, is (hat contributions are
not lased until they are withdrawn at
which lime (hr mdividuul normally would
be in a lower la, bracket
Other changes lhai could mean a differ-
ence in your la, liability are in the areas
of alimony, child support, and treatment of
sick pay.
Alimony, previously an itemized deduc
lion is now an adjustment lo income, so
that you can claim the amount of alimony
paid dining ihe year right on Ihe Form
1040
If you make child support payments lo a
■former spouse, you may have to pay more
money tms^irr order lo claim yrrur chthfren
as dependents on your tax return In prior
years, if the la, exemptions were not
spec tiled in Ihe divorce decree ami you
were (he noncustodial parent, you had to
conlrihule al least $1,200 for the support
of one or more children in order to take
Ihe dependency exemptions. Now it's
$1,200 for each child
And here's some’ihing lo keep in mind
regarding sick pay Sick pay for temporary
absence from work is no longer excludable
from taxable income To be able lo ex-
, elude some or all of a disability pension,
an individual must be totally and perma-
nently disabled
Fven the tax forms have undergone
changes this year. Both the 1040 and the
I040A have been redesigned lo reflect the
legislative changes and are now in a flow-
through formal In olher words, you work
through the form step-by-step without hav-
ing lo flip the form back and forth lo
transfer entries from one side lo another.
Also, the forms have portions highlighted
in a pastel color to helpOyour eyes focus
on the lines which must be completed.
Form I040A fliers will also notice that the
form is now j» full sheet printed on one
side This provides for a roomier and eas-
icr-to-prepare form,
4
1
^MECICAN-COLONISTS
TREATED
"FAILING
^ICKNEe^j”
WITH
POWDEREO
WART6
FROM OXEN...
Hgtr Bond Bonqutt
'll Mtld Saturday
The Annual Tiger Hand Banquet
wa. held in the high school cafeteria
Saturdav. 'The theme wa. April
Shower. Bring May Flowers". At-
tending were 92 hand student. Hi
ham! |uire<U> ami 11 guest.
Imogene Nelson, president of
Rami Booalrr Club was mistress id
ceremonies, i’hil 1‘olter, chajilain.
gave the Invocation; Joe llignetl ami
Hill Katrhford, coo nee tors, were
speakers, along with Bill Holt,
Abram Miles ami Honnir Boss, hgnd
directors. Boss presented medals to
till, winners and Introduced the
Hand Council, Drum Majors,
Twirling line. Flag t’.orjw ami load
crew.
'The hand gave Hue. a directors
chair. 'The Flag Gtrjts presented him
with a gift.
Mra. Nelson e,pressed ap-
preciation to the Booster (Tub of-
ficers ami banquet chairmen ami
committees. Serving aa decoration
and food chairman was liaael
Kelley; invitations ami program
chairman. I’al Kirby; enterainment
chairman, Mary Bums.
'The entertainment wa* a "Hee-
Haw” skit presented by hand |>aren-
la. Seventeen senior liand student,
were recognised.
Following the program hand
students held a dame.
Sunday School Ctas
Th* Bethany Sunday School
(Tom of the Ptoacrari Baptist
Church will have their monthly
meeting tonight at 7:00 p.m. in
the church fellowship hall.
Over Taxed?
Aren't We All?
“Anyone may so arrange his affairs so that his taxes shall be as low
us possible; he is not bound to choose that pattern which will best pay the
treasury; there is not even a patriotic duty to increase one’s taxes."
Judge Learned Hand
in Helvering vs. Gregory (1935) ^
You’ll want io hear what we have to say!
Let EF Hutton show you how to increase your investment
income and, at the same time, reduce your obligations.
Sound tricky? EF Hutton makes it simple.
Join us in an informal discussion.
Plan now to attend our meeting; IT’S FREE BUT SEAT-
ING IS LIMITED. Just complete the coupon below or call 835-
3721, and we’ll reserve a seat for you.
WHEN: April 13, 1978
WHERE: Silsbee State Bank, 7:30 P.M.
Please reserve
seat (s) for the discussion.
•‘®D and that i
..JL “do entigr—
woman's riffcta-tlut Introduction into Urn Annod
Q I am unable to attend the discussion, however, please send me more
information on Tax Free Investments.
City
.
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Read, R. L. The Silsbee Bee (Silsbee, Tex.), Vol. 60, No. 8, Ed. 1 Thursday, April 6, 1978, newspaper, April 6, 1978; Silsbee, Texas. (https://texashistory.unt.edu/ark:/67531/metapth820875/m1/2/: accessed July 17, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu; crediting Silsbee Public Library.