Delran High School - Spirit Yearbook (Delran, NJ)

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KA! strong thrust to savings and investment, and thereby help cure stagnating productivity and gen- erate stronger economic gfowth? The heaviest criticism leveled by many Businessmen and business economists against the Reagan fiscal plan is that it s its vi Ht S O SBC. C whose primary I marketing alcohol producing industria ceeds Robert S. Lew signed from the 1 company, in whi. family group owns the stock. C e W h h beind such industrial leaders as Japan and West Germany. were ilniziltggzg: That is the conclusion that emerges from a new study ploying some of the! H ted States onom an in I 1 Sposed 5 , ' ini C I 8U.!!d - C bevej of k . st f 'rected them to relatdonship between the tax stnxctures, rates of savings Shan of me gap invesgggnififgzome mxatizg bl' ing operation. an vestment, economic wth, ' i and unemplo - l the United States and the three industrial leademi Mr. Minio: a certi H1511 B21 N ming the first 10 percent cut in individual income gnoflggefiggs meg St ' ' C ' ' taxes goes into effect this summer, the tax rate on a dolIar's pany Sweden and Italy. worth of investment income for that individual with 350,000 in salary and 9 ves i e will ne 1 WEEE r o o . no i e anc d clcul d e . . MMS EIR fy' 3335335 growth rate of each country by its rates of unemployment mdi d I t . e on a dollar of mvestment income, almost double the present an , U te in Ja ore than double e in We t any in D. erm o sa E MRM Emlias., ,QDBQS buc'1m1,,.j? , P ' ' ker members, obviously has an interest in trying to gain SFCC 0 H - hind Japan f37'87' west Germany C2931 France 087' Canada lighter taxation of investment income as a spur to securities fggned 31055 Posts' I t 8 Q6 and Swedi 115.31 bufnemJZmH30and - a B u :PJ 1.11505 land 1 In response that question, Prof. John Kendrick of George Savings and investment. P mng W R10 1 JHW:f?iHMf?YPG Q32 The company decli W ' on University co I eg, for e st that e for the IOP manage! gli b fa elf! ' ' ' Bancohio, the 0 8 I com ' Oh' , 3 data m we az, if me United capita stock had th fewwg S5016 TNHSUIY Dfmld T. R988-H has Cfmrended statfiaf 1,125 02181 grown at Japan's rate, this country's economic growth rate H at most 0 F tax C1518 to iffdlviduais Wlu Saved, but the the Bancohio Natio wo , I ve n su ny me rmanent nl! thesxs f Ifrof. Mxlon F -t ez-Af en: an fm ww? fo ' e lte ' icyntl a emf r- Y C f M H r sonal saving, and that the low savings rate in turn results Pf0fe?S0 Won the Qbef M9109 Prize in . r' erfnaflm fm high tim of invest t mwme in the United rmo Sci ce .1 his work on the ecoio cs o ?I:1fglgF9Cf3151rElUgSfSQ i S1Pkh11'hes51Beso1m1e 1 e I ampx MSM big accounting firm, to do a cietaiied comparison ofthe taxes Sumptfon is. OH the axferagev 8 Cfmsfam ffacf fl 01' the C011- paid by individuals in the eight countries, The analysis Sumef S Permanent mcffme- BY Permanent mwme, he sho t Unit Vi 'hi meant the Sha t I o adapt 1 - Qlmnfv Qi? con I esefam 'd , bla! 9 3145, Y, 0 Y- Mggoog in investment income, divided among 310,000 in divi, 1 Toe long-term !'6lat1Of1Sh1P DGIWGGII COHSUIDPUQIX and SRV- ' de - i ' t ta m mn this omt h been about 94 percent spent to 6 per- Continued prom pg on d. gan tax cut goes into effect, there Sens While co in 5 ' C ed , C I. t Q , ing some months, for individuals to now feel Commigzj with 14.4 cents in Japan, 11.8 cents in West Germany and 7I3 Save mflre Offheu' af1?f-wi income- But, Without new fac' Reagan's stance. Wheth Mr. R cents in France' tors or mcentzves to :ft the s 'ngs patt , such igher W fffmeo aw foakfart Per aavw gy ' 1 Landslid Nov. 24, 1980: Gas Prices Soar Aft 1 1 1 Qe11ca1,na1Q12md5,5aeQ1?1c'iSE9,L9H 0 '1 Q inking Fund Deb r ue 19 l REBY I 212.911 u 6ihnst1?el t e at Q ri 1 ee I 1 t 1 fliCO pt QTV1 Elma a E a ny, pf ,S, , -gr I 1 emoomofthe above-caotsoned eoeotures wail be redeemed forthe sm fur1dor1Apr111.1981 attheredempinon pr1::eof10O7, 1 1 ofihe prmcapaiamountthereof,to ethesiwith accruecunierest to rit111981, I I 1 P HJ-l'f wh eagdemse om etltlon T0gi exams 62 8 as ov 2 2 1 1 ss vs aaa 20626 21863 23226 24826 26676 was 1 125 2515 3428 sooa 6427 7626 8593 ease 10745 12073 140311 ram 11103 19422 zoeas 21864 23269 mano zeevs 28157 , 139 2116 3432 sms 6433 7714 sees 9873 maze moss 14035 15190 17705 19424 20639 21870 23273 24842 25695 23151 zoo 2111 3457 5029 sms 7717 8621 saao 10333 22119 woes 16195 11745 19431 zoo-as 21311 23280 24890 26697 28168 212 2131 asoo 5032 6439 1113 8528 aaa: some 12131 1428.1 16230 11152 19445 241612 21876 23282 zaasa 26712 zano 221 2132 3533 sms sae? ws? aezs 9892 10842 12110 14352 16233 17753 19451 20690 21889 23286 zsovo 26720 28171 229 2149 asses sow ease ma seas 9925 10844 12171 14355 16251 17822 19473 20715 21902 23323 25077 26135 28174 233 2117 3562 som 5496 moz 5122 9923 10851 12186 mas 16255 17823 19486 20120 21918 23345 25159 26739 28195 1 1 241 2183 sem 5100 een: 7812 one was 10859 12286 moo 16264 17827 19535 20721 21931 23396 25161 26760 28219 , 424 2197 aeso sm asm 7818 8759 9941 mesa 12289 msoe 16270 ua-as 19581 20727 21946 234011 25165 zevsz 28242 4:60 5210 3711 5110 eszs was 8782 ssso 1oa71 12317 14514 16271 ness 19603 201213 21911 23410 25183 26184 282-14 461 sos 3150 5116 6529 7861 mas 9953 10875 12310 14515 1527-1 17891 19619 20737 21991 23460 25211 26196 28271 'N -191 2308 3751 5134 5532 7882 anew 9965 16901 12374 14523 16293 17892 19624 20141 22001 23524 25219 26819 23274 so? 2311 3775 5233 6537 1386 sam 9910 10916 124131 14574 16342 17903 19630 20744 2200-1 23526 25240 26821 zaaos 1 fn .W 'wma me gtk 8111641 l??s!y 9998 1o94o 12461 14518 36361 12914 192311 E232 32005 23543 252ilf 25822 zsia -. .. mm Q., ... Wg., -- 2 f fi! 'I fifiv Enii amz onfiz nhmce for C v 653 o ci' seen. Expe nc, committee often man's philosophy, concert with ' group of Democra But the views i report could rep Ent, as Dem nomic alte gan. Among the following: lllvionetary polio ately restrained, serve- should ag would unnecessa omy. fJBudget policy! moderate restra intended to exert on our rate of inflae 'Max reduction liberaiizing busin crease investmen payroll tax ixqcrea er's costs. 15Standby wage I thority should be voked only as par