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May 12, 1978 - Image 14

Resource type:
Text
Publication:
Michigan Daily, 1978-05-12

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

Jonoring the fallei
Israeli Prime Minister Menachem Begin, right, and two female soldiers carrying
laying ceremony in Safed, Israel which took place Wednesday. The ceremony honor
birth of Israel 30 years ago.
MEXICAN MEDICAL SCHOOLS
ACCEPTING AMERICANS Solar energy was used in 215 B.C.
* WHO. AMA, HEW recognized by the Greek mathematician Archi-
- Guaranteed acceptance medes to magnify and reflect the sun's
* d Year Schools rays to set fire to ships in a successful
" Begin August 9 effort to defeat a Roman armada.
CALL 219-496-4210
Pib
4
20 7 &Aosileyv0
663369N2
g (across from Hertler Bros.)
-o -a 0- 9
Mon-Sat 10-9

Boone, FTC
reach accord
WASHINGTON (AP) - Singer Pat
Boone, in an action that may
discourage advertising that features
show business personalities, agreed
yesterday to be financially accountable
for advertising claims for a product he
endorsed.
The Federal Trade Commission an-
nounced the agreement, saying it was
the first time it had ever got a product
endorser to be personally accountable
for advertising claims.
AT THE SAME time, the FTC
charged that the product, an acne
preparation, will not cure acne as
claimed in the television and magazine
advertisements featuring Boone and
his daughter, Debbie Boone, also a
popular singer.
The agreement means that Boone
must pay a share of any restitution that
is ordered by the commission or a court
in the case.
Albert Kramer, director of the FTC
Bureau of Consumer Protection, said
the agreement negotiated with Boone,
"while not a binding legal precedent,
stands for the principle that an endor-
I AP Photo ser must verify the claims made about
the advertised product before the first
a wreath are on their way to a wreath commercial goes on the air or appears
s those killed in the four wars since the in print, or else risk FTC action."
Tuition tax credits up
for debate in House
WASHINGTON (AP) - The House The basic measure, as previously ap-
Rules Committee on Wednesday proved by the Ways and Means Com-
cleared for House action a bill mittee, would allow a federal income
providing tax credits to help offset tax credit for 25 per cent of tuition paid
college tuition costs. to a college or other post-secondary
The measure contains a provision educational institution. The maximum
allowing the House to vote also on tax credit per student would be $100 in 1978,
credits that could be used by the paren- $150 in 1979 and $250 in 1980. The
ts of students in private elementary and program then would end unless
secondary schools to partially defray renewed by Congress.
their expenses.
The procedures approved by the A TAX CREDIT, as distinguished
committee also would permit the House from a tax deduction, is a direct reduc-
to consider a plan for deferred taxes tion of taxes owed the government.
that would amount to a low-cost gover- The procedures approved by the
nment loan for college expenses. Rules Committee would ban all amen-
dments except these, on which the
M BO'S House would be permitted to vote:
e Extending tax credits to tuition
DOW NTOW N paid to non-profit parochial and private
elementary and secondary schools,
Offers You An All New Special with ceilings of $50 in 1978 and $100
Every Day Of The Week thereafter.
ALL YOU CAN EAT a Increasing the credit from 25 to 50
per cent of tuition paid, but with the
Adults chidren same maximums.
SUNDAY- under9 * Substituting for the tax credits a
Italian Buffet....... 3.95 2.25 plan by which taxpayers might defer
MONDAY- payment of up to $1,000 in taxes, rising
Spaghetti......... 2.50 1.65 to $2,000 in 1986, to meet tuition costs of
with Meatballs $1.75 extra higher education. The deferred taxes
TUESDAY- would be repaid to the Treasury over 10
Smorgasbord.:..... 3.75 2.25 years at three per cent interest.
WEDNESDAY- The bill was expected to be set for
Seafood Buffet..... 4.25 2.75 House debate within the next few
Seafod Bffet 4.25 2.75 weeks.
THURSDAY 3 2 Awaiting floor action in the Senate is
All-abord .i in.u e a broader measure that would allow tax
limited trips to our soup and credits of up to $500 for tuition at all
salad br levels through graduate school.
FRIDAY AND SATURDAY WHERE DO i MAIL MY
RESUMES? International's e2 pg. CORP. DIRECTORY
T (sIIight sand Iistg more than 700 leading u..anOverseasa CorI
Ragtime, ay 90's I '" naa"o mes and odressasfordirct
Open Sundays at 1:00 I Send $5.95+ .5psiron.
114 E. Wasb.,-Downtown . r*t"a*'e u*"ntlU'esuese'
- - - - - - - - L.... ... -68 ,t -t.N.0..... .

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