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July 26, 1973 - Image 11

Resource type:
Text
Publication:
Michigan Daily, 1973-07-26

Disclaimer: Computer generated plain text may have errors. Read more about this.

'Thursday, July 26, 1973

THE SUMMER DAILY +

Page Eleven.

Local businesses owe delinquent tax

(continuedfrom Page 3)
Hall said he had no ethical
qualms about violating the tax
laws because "this is business
and in business you take the path
if
YOU
see
news
happen
call
76-DA ILY

of least resistance and interest."
Bentley commented that he
had "mixed feelings" about
raising penalty rates on delin.
quent taxes, claiming it would
hurt the small property owners
"who genuinely can't afford to
pay their taxes."
HE DID, HOWEVER, admit in-
creasing the penalties would fa-
cilitate prompt collection from
corporate interests.
Often large businesses do not
pay their property taxes until
the three year deadline is reach-
ed, according to Bentley. He cit-
ed the Ramada Inn as such a
business.
The Ramada Inn manager ex-
plained that the current taxes
"might not have been paid" be-

cause the Inn is presently sub-
ject to bankruptcy proceedings
filed in federal court, but he re-
fused to comment further on the
situation.
CON S OLI DATED
Operations Corp., a local realty
operation, owes $24,000 in back
taxes on three parcels of land.
"We just bought the properties
and there has been a time lag
getting the finances caught up,"
company manager H. C. Garber
said. The debt would be "taken
care of shortly,",he added.
Traver Lakes Inc. has not paid
outstanding property taxes of
about ,$16,000 because the com-
pany has been in a state of reor-
ganization, spokesman Peter
Allen claimed.
The corporation, operated by
the Pittsburgh firm of Mathews-

Phillips Inc., has been developing
320 acres in the city as apart-
ments and condominiums.
WHILE THE reorganization
was taking place, no debts were
paid, according to Allen. The
alterations have been complet-
ed and the accounts including
taxes are now being settled, he
said.
Milgor Co. has delinquent taxes
totaling $13,200 on approximately
30 parcels located in the Huron
River Acres area.
In addition to financing local
schools, a smaller portion of the
property taxes is funneled into
the city's general fund and the
remainder is given to the county.
LAST YEAR the city assessed
over $30 million in property tax-
es. To date nearly all of that

money has been collected, But
Bentley noted that 10 per cent of
the taxes generally have to be
turned over to the county as de-
linquent accounts.
Until this year the city had to
wait while the county collected
the back taxes before receiving
its share. The county, however,
has instituted a new program
through which the county bor-
rows money at an interest rate
less than the penalty fees, accord-
ing to Bentley.
Consequently the city receives
tax money immediately from the
county. The county then pays off
the loan as it collects outstand-
ing debts. Even though the sys-
tem prevents the city from los-
ing funds because of delinquent
taxes, no satisfactory method
compelling prompt payment has
been developed.

REFUSAL EXPECTED
BigScot. Subpoena response due today
TI ~erE e S (Continued from Page 1) Waldie said, however, that ers could be applied by the Pres- President's position were hurl
a suggestion of impeachment. such a proceeding wouldn't be so ident in an impeachment pro- ing him in the House.
Rep. Jerome R. Waldie (D- much an attempt to remove Nix- ceeding since such action, by its "I see no adverse impac
Calif.) suggested that impeach- on from office as it would be a nature and constitutional defini- whatsoever," Ford replied. "I
ment proceedings might have to mechanism for discovery. tion, involves "an intrusion of the fact, there has been a solidifi
S co t h be started to force release of the HE SAID HE did not believe legislative branch into the con- cation of Republican support i
White House tapes. the doctrine of separation of pow- duct of the executive branch." backing up the President."
- - Waldie added, however, he did Sen. Robert Dole of Kansas
not think actual removal of Nix- former GOP national chairman
VALUABLE COUPON WORTH $1.44 ' on from office is warranted on disagreed.
V L A L Cthe basis of facts known at this
time. "I WOULD GUESS, with th
The two top GOP congressional exception of a very few, Repub
th e p r ice . leaders, Sen. Hugh Scott of Penn- licans in the Senate and Repub
h sylvania and Rep. Gerald Ford licans in the House feel th
9 ® of Michigan, met with Nixon and tapes should be released," Dolt
I others on legislative matters for said.
4 two hours yesterday morning and "He (Nixon) ought to put th
sid Into thv f lt th Wntr dnl n the bla nd dicrc

"t-
Ct
In
in
s,
n,
e
b-
b-
ie
e
e

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saz laer ey eitht w ater-
gate committee had no choice
but to subpoena White House
evidence. But they predicted that
the courts would rebuff the ef-
fort.
FORD WAS ASKED if the

caress on the tame ana ascuss
it with those of us who are loyal
to the President. If the Presi-
dent's not involved, why not in-
form some of us? I think it's
long past that we can say that
Watergate will just go away."

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