P 1
SUmertbe
UDited St es Coast Guard
A:cade y N iti on ide
Co petition applications for
appoint ent a C det, U.S.
Co t Guard, Cl of 1995.
AppIi . are being accepted
for both men aDd eo.
Appointment as Coa t
Guard Cadets re tendered
dy 0 the . of an annual
• . de competitioo with no
co re ional nominations or
geogntpUcal
Application must be
ubmitted to the Direct r ol
Admissions prior to 15
DecembeI' 1990. .
CaDdidates m t ammge to
partici in either the ColI e
Board 8 tic Aptitude Test
(SAT� or American College
T . (ACT) pior
to or indu' the December
MIDDLE ClASS
This • deDiDa ·iDccae
does DOt only affect
D' pariti also • deaed
ni&caDdy between the
and the middle
In l.9al, the total -tax' -
eome going to 60 perccn of
ho in the middle of the
income spedrum 12 per-
cent er · to
the ealthiest fifth of
boUaebc:*Ia. the report said. By
1990, ,the· .
to the middle three-fiftba wiD be
seven percent leu th th t
received by top fifth. In fact,
1990 ACT ad SAT test
administraboos.
Appointments Cadet are
tendered b sed on the
caDdi e' 5 bigh cool record,
pcdOl'lDaDCe OIl either the SAT
or ACI', d .Ieadership potential
demoastrated by puticipaboo
in high school activities,
community affairs and/or
part ... time employment. Most
uccessful caadidatea iD the
top quarter of their high 001
cl have demonstrated
proficiency in both the
mathematical and applied
cieece fields.
Candidates m st be
unmarried at the time of
appointment, have no legal
obligatio re ulting from a
pior marriage, aDd m t have
reached the e of 17 but not 22
bY July 1, 1991.
To obtain an pplicatioo or
further information write:
Director of Admissio , U.S.
Coast Guard Academy, 15
M Avenue, New Londoo,
CT 06320; or call (203)
444-8501.
8300 GRATIOT
571-6690
.
20050 LIVERNOIS AVE
862 .. 5030
.
In 1980, the average
household in the top one per­
cent d $83,000 in cap'tal pins
income. CBO projects that in
1990, uscbo • this p'oup
. pins iDcome
1.
federal programs primarily
serve ow or middle iaeo e
peop or by tax increases
targeted t high iDcome to­
payers, the net effect be
to reduce the incomea of
and middle . houseJJlOIdS
to traasfer m' COIIle
these househol to those the
top of1 the income scale,· the
eport sUd.
Several other tax cut
propouls before Co also
ould direct mo t of t eir
benefits to upper income
groups and teed to .
the • gap. them
are proposal to r ore to
dedudibility for contribUb'oas
made to IDdividual Ret'ireDlmd
Accounts, and the
Administration' proposal to
authorize Family S vings Ac­
counts The latter propo
would allow famili to de
up to SS,OOO annually 'and gain
tax-free interest if they do not
withdr w the funds fo seven .
years.
The Center on Budget and
Policy Priorities is III iade­
peodeDt oonprofit research or­
gaoiudon that specializes in the
analysiS of data and policy . lIeS
afJectiDs low and moderate in­
come �ericans. It' funded
primarily by foundatioDs.
.1