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Tax cut
wiped out
by social
security
From AP and UPI
WASHINGTON - Americans will get
a slight cut in federal income taxes next
year but for most workers the reduction
will be wiped out by higher Social
Security taxes.
The reduction in income taxes will
result from implementation of the "in-
dexing" law that was enacted in 1981 to
reduce inflation's effects on the tax
system. Indexing will adjust the tax
system automatically every year to
prevent "bracket creep" - the
phenomenon that pushes a taxpayer in-
to a higher tax bracket when he or she
receives a pay raise to offset an in-
crease inliving costs.
The Labor Department yesterday
established the limits of the 1985 tax cut
when it announced that the Consumer
Price Index had increased by 4.1 per-
cent during the 12 months that ended
Sept. 30. That same announcement
triggered a 3.5 percent increase in
Social Security benefits next year and
set the stage for a boost in the taxes that
finance the giant pension system.
Sen William Armstrong (R-Colo.)
author of the indexing provision, hailed
the announcement.
"Tax indexing is finally here and with
it comes tax reform for middle
America, a more honest and fair tax
law, and an end to the government's
profit from inflation," Armstrong said.
The Michigan Daily - Thursday, October 25, 1984- Page 3
Reagan, Nixon costumes
lead
pre-Haloween
sales
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C. America issues co
(Continued from Page 1)
tral America Day.
AT A NOON rally on the Diag,
English Prof. Alan Wald kicked off the
rally, continually drawing more sup-
vasion was long planned. "How far will
the government go to continue suppor-
ting the oppressive status in these coun-
tries?"
A GENERAL consensus throughout
the da was that the iubhle is iut not
port as the hour progressed. 6ii J va was LiiI. U JIA v
"We must stop backing our gover- informed about what is going on con
nment policy to support the Nicaraguan cerning Central America. "Today
government," Wald shouted. "They events are geared especially for info:
Have been backing counter- ming, said Thea Lee, a member of th
revolutionary contras, and it is the Latin American Solidarity Committe
right of all peoples to self deter- (LASC), co-sponsor of the program.
rlination. Next to speak on the steps of the
Wald also said that the Grenada in- Graduate Library was State Rep. Perry
Bullard (D-Ann Arbor). Bullard used
Highlight
The Student Alumni Council sponsors "True Blue Bar Night" at Dooley's
with $1 off pitchers starting at 10 p.m.
Performances
Residential College-Peter Arnott and Marionette Theatre present
Euripedes' Bacchae, 8 p.m., East Quad, Residential College Aud.
Major Events - Andreas Vollenwieder & Friends, 8 p.m., Power Center.
Theatre & Drama-Antigone, 8 p.m., Trueblood Theatre.
School of Music-University Philharmonic, 8 p.m., Hill Aud.
Union Cultural Program-Music at Mid Day, pianist David Newman,
12:15 p.m., Pendleton Room, Union.
Ark-Fred Small, 8 p.m., 637 S. Main St.
n-
's
r-
he
e
e
.y
d
ne to Diag
his personal experiences from the Viet-
nam war to make his point before the
150 people gathered there.
"The protests of the Vietnam war
began at colleges with teach-ins, so we
too now must spread the realities of
what the U.S. has done in these little
countries.
THE LUNCHTIME rally fell between
the day's two sessions of panel
discussions and lectures covering a
variety of issues relating to Central
America.
Dean Baker, a graduate student in
economics and member of LASC, said,
"We're not too concerned with the out-
come of the presidential election regar-
ding our issue. If Reagan wins, there
will definitely be an invasion in Central
America, and if Mondale, maybe."
BOSTON (AP) - Forget ghouls and
goblins. This Halloween, the owner of
the country's largest costume shop says
Reagan and Nixon masks are selling
like crazy, along with Michael Jackson
gloves at $14.95 a shot.
Mr. T and his gold chains are very
popular, but remarkably few
customers want to look like Walter
Mondale or Geraldine Ferraro.
"REAGAN IS a very, very big seller.
I say we sell about 12 a day, even more
than that," David Bertolino said
yesterday at his store, Little Jack Hor-
ner, Inc. "The other day someone from
Mondale headquarters came down and
bought a Reagan mask. Don't know.
what they plan to do with it.
"And Nixon is hot. Easily as popular
as Reagan," Bertolino continued. "I
guess people still love to hate him.
Sometimes they come in and buy the
Nixon mask and then buy handcuffs or
a ball-and-chain to go with it."
This year is Little Jack Horner's 50th
year in business in downtown Boston.
As usual, says Bertolino, political
costumes are making him money. The
masks of President Reagan and former
President Nixon sell for $25 to $40,
depending on the amount of detail in the
disguise.
THE STORE has sold out its 1,200
masks of Massachusetts Sen. Edward
Kennedy, but still has a few John Ken-
nedy masks available.
Yesterday, one went to a
professional-looking young man who
refused to identify himself. He told Ber-
tolino he planned to spend Halloween as
"Jack Kennedy for Reagan."
"I got the idea while I was watching
the news last night," the man said,
referring to a recently publicized letter
from Reagan to Nixon written in 1960.
In the letter, Reagan compared Ken-
nedy's ideas to those of Karl Marx and
Adolf Hitler.
"I'm going with two friends who are
dressing up as Marx and Hitler," said
the man. "It's a joke - get it? Kennedy
for Reagan."
"Oh, yes, I see. Very funny," said
Bertolino with a shrug. A Republican
himself, he has grown accustomed to
the gamut of political persuasions.
He was prepared to order 5,000 masks
of Democratic presidential challenger
Walter Mondale several months ago,
but then decided against it. "If he
doesn't win, I'm stuck with thousands
of Mondales staring at me. Then I've
got to hope then that someone down the
line looks like him," he said.
"You have to stick by the numbers
and the polls," he said. "We don't take
any party lines. We just order what
they are asking for."
So far, he says, only a few people
have sought a Mondale mask or one of
his running mate.
7 HAIRCUTTERS
" NO WAITING
DASCOLA STYLISTS
Liberty off State ......668-9329
Maple Village7.......761-2733
'Reagan is a very, very big seller. I say we
sell about 12 a day, even more than that.'
-David Bertolino
Costume store owner
'
Speakers
Anthropology and Center for Human Growth and Development-Phillip
Tobias, "The Kalahari Bushmen and the Changing Size of Modern Human
Beings," 4:10 p.m., Rackham Amphitheatre.
Center for Western European Studies-Bruce Lenman, "Back on the Ban-
dwagon: The Highland Aristocracy from Culloden to Yorktown," 4 p.m.,
William Clements Library.
Meetings
Michigan Economic Society-5:10 p.m., 101 Lorch Hall.
Bedtime for Bonzo Street Theatre Ensemble-7:30 p.m., 439 Mason Hall.
Mayor's Energy Advisory Board-7 p.m., Firehall Conference Rm., 2nd
floor, 111 N. Fifth Avenue.
Skydiving Club-7 p.m., room 1042, East Engineering Bldg.
Sailing Club-7:45 p.m., West Engineering Bldg.
Center for Eating Disorders-7 p.m., First United Methodist Church, cor-
ner of State St. and Washington Ave., Green Room.
Arts Chorale-3 p.m., Angell Hall, Aud. A.
Inter-Varsity Christian Fellowship - E. Chapter, 7 p.m., Michigan League.
W. Chapter, 7 p.m., Union.
Chi Alpha Christian Fellowship-noon, 220 West Engineering Bldg.
Miscellaneous
Student Wood & Craft Shop-Advanced power tool safety class, 6 p.m., 537
SAB.
Scottish Country Dancers-Beginners, 7 p.m., intermeds., 8 p.m., Forest
Hills Community Center, 2351 Shadowood.
Psychiatry-Anxiety disorders support group, 7:30 p.m., 3rd floor Con-
ference Room Children's Psych. Hospital.
Med. Ctr. Bible Study-12:30 p.m., 8th floor, Chapel.
Michigan College Republicans-rally, First Liberation of Island of
Grenada, noon, Diag.
Microcomputer Ed. Center-Intro to Macintosh personal computer 1 p.m.,
3113 SEB.
Rackham-seminar, Warner-Lambert, Parke-Davis, Robert Jackson,
"The Biochemical Pharmacology of CI-920, A Structurally Novel Antibiotic
with Antileukemic Activity," 4 p.m., 3554 CC Little Bldg., graduate students
meeting with speaker, 3 p.m., room 4567, CC Little Bldg.
Lutheran Campus Ministry-Central American Study, Lord of Light, 7:30
p.m., corner of Hill and Forest Sts.
Chemistry-seminar, Edgar Westrum, "Schottky Contributions-Lan-
thanide Sesquisulfides," 4 p.m., room 1200, Chemistry bldg.
Prog. in American Culture-lecture, Alan Wald, "Marxism & the New
York Intellectuals: From the 1930's to the 1980's", 7:30 p.m., 414 Mason Hall.
Computing Center-chalk talk: Examples of Tell-A-Graf Plots, 12:10
p.m., 1011 NUBS, Beginner's Guide to the MTS File Editor, 3:30 p.m., 177
Business Administration Bldg.
Agape Campus Christian Fellowship-Bible study, 6:30 p.m., South Quad
Minority Lounge.
Museum of Art-art break, "Shapes in the World," 12:10 p.m.
CRLT-workshop "Learning/Teaching Strategies," 3:30 p.m.
Ophthy-seminar, Dan Swift, "Adaptation with Amplitude-Modulated
Gratings," 12:15 p.m., 2055 MHRI.
Center for Japanese Studies-bag lunch lecture, Emiko Ohnuki Tierney,
"Symbols in Ritual & History: The Japanese Reflexive Monkey in Japanese
Culture," noon, Lane Hall Commons Room.
CEW-Age Concerns Council lunch, noon, 350S. Thayer.
Extension Services-Michigan Association Concerned with School-Age
Parents, 11:30 a.m., Marriott Inn.
ACS/Student Affil.-Free tutoring in 100 or 200 level chemistry courses, 6
p.m., room 3207 Chemistry Bldg.
School of Business Administration-seminars, "Executive Com-
munication," "Management of Managers," "Basic Management for Newly
Appointed Manager," "Industry & Competitive Analysis," and "How to
Prepare & Win More Arbitration Cases." For info. call 763-1000
Michigan League-International night, Switzerland, 5 p.m., cafeteria.
Baptist Student Union-Bible study, 7 p.m., room D, 3rd floor, Michigan
League.
Center for Research on Econ. Devp.-lecture, Paul Appasamy, "An
Evaluation of Urban Development Projects," 12:40 p.m., CRED Conference
Room, Lorch Hall.
Cont. Med. Ed.-courses, "New Solutions to Clinical Problems in
Allergy," "Magnetic Resonance & Ultrasound Physics," Towsley Center.
Judaic Studies-brown bay in hebrew, Michal Palgi, "Industrialization in
the Kibbutz," 12:15 Michigan Room, Michigan League.
Philosophy-lecture, Richard Thomason, "Conditionals, Time, and
Csausal Tndenndence." 730n.m.. 2231 Angell Hall.