4 Page 2 - The Michigan Daily - Tuesday, February 12, 1985 April tax blues (Continued from Page 1) this case parents can cl ted by the National Association of Ac- deduction in addition to1 countants. own personal $1,000 exemp ACCORDING TO Borradaile, being a In most cases straigh student won't get you any advantages grants and scholarshi when it comes to filing a return. taxable according to "Students really don't get many good "The, a cring tu breaks on taxes at all," he said. There are certain statut Walter Dunnigan, a public affairs for excluding grants and s representative for the Treasury Depar- he said. There are excepti tment, agreed. "Students are pretty and Dunnigan advises c much treated as other taxpayers," he the institution that award said. However, Dunnigan added that before filing a return. there is a tax break for the parents of IN ADDITION, to VIT/ dependent students who also work. In formation hot-lines run by a tt ti ht p harangue community im a $1,000 Department, there are private tax ser- the prior three years' averag he student's vices available for students who need a But this benefit can only 1 ion. hand with their returns. self-supporting students. " -out money Claudine Ferrand, owner of Ann Ar- year (dependent) students s are not bor Tax Service in Nickel's Arcade, pointed they can't use it,' Dunnigan. said her fee for preparing a tax return said. is usually about $20. e income. be used by Year after are disap- " Farrand ory provisions cholarships," ons, however, hecking with ed the money A and tax in- the Treasury Accbrding to Farrand, some students who have a big jump in their income will often try to save in taxes by using "income averaging." This allows you to define your average income as the amount by which the current year's taxable income exceeds 140 percent of Both Borradaile and Farrand said that if you intend to have your tax returns prepared by a service, you should bring all the necessary paper- work with you for the appointment. This includes W-2 forms, interest statements, and receipts for itemized deductions. - Students conquer I (Continued from Page 1) packages including a Porcupine Moun- and transportation, according to Mary tain cross-country ski expedition and a Fran Grossman, assistant director of canoe trip in southeast Georgia. the center. Pre-trip meetings will be A few spaces are still open for the held Thursday at the NCRB. trips, which include equipment, meals, ONE OF THE most popular features ENGINEERS ' , , ' v8r \ ri he'greato has been the cross-country ski rentals. "Lots of snow this year has definitely contributed to the huge success of the cross-country ski rental program," Grossman said. The Ann Arbor Ski Club and Univer- sity cross-country ski club have teamed up to offer free lessons through the cen- ter, she said. "I HAD NEVER really skied before, so I went to one of their free lessons," said Trevor Hartley, a visiting professor from the London School of Economics, "and now I go about three times a week. It's really good fun." "If the snow stays, we'll probably hold more beginning lessons rights out back (of NCRB)," Grossman said. A resource room at the center is utdoors' designed to help people plan vacations with information on parks, trails, rivers, and equipment. "WE REALLY HOPE people start using it more," Grossman said, "it would be very helpful for anyone plan- ning a trip." The idea for the recreation center began in 1981, Pitcher said, when Mike Stevenson, the director of recreational sports, asked for a list of possible programs being utilized by other schools which could be adopted by the University. The administration's freeze on all new projects and a 28 percent cut in the NCRB' general fund budget stalled ef- forst to establish the center, Pitcher said. February 20 SUNDSTRAND ON CAMPUS Sundstrand, a leading technology-based company, is involved in the design, manufacture and sale of advanced electrical and mechanical aerospace systems for commercial and military jet airpraft as well as missiles and space applications. Sundstrand is a Fortune 500 company headquartered in Rockford, Illinois with annual sales of about $1 billion. We have manufacturing and service locations worldwide and use state-of-the-art technologies to design, manufacture and deliver our products. We offer a competitive salary, a solid benefit package including health and dental, an educational reimbursement program and a liberal holiday schedule. Investigate the engineering opportunities for you! Study outlines '85 jobs (Continued from Page 1) pay scale, while electrical engineers and metallurgy/material science majors top the list. But liberal arts majors should not despair, Shmgleton says. He points out that the employers sur- veyed said the two biggest shor- tcomings in higher education are the lack of students with communication skills. "THIS PLAYS into the hands of the liberal arts students because they are better prepared to handle the written and spoken word." Geographical regions that promise to offer the most jobs to new graduates are Southwestern and Southcentral United States. These regions include Hawaii, California, Arizona, New Mexico, Texas, and other states in the Sun Belt. The Eastern Seaboard is the second brightest "hot spot," the Northwest and Midwest - including Michigan - are rated as worst. Degree level and past work experien- ce contribute to beginning salary more so than do grade point average, accor- ding to the employers who responded to the survey. But they said nearly half of their new hirees ranked academically in the top fifth of their graduating class. Employers listed on-campus inter- views as their greatest source of new workers, followed by write-ins, want- ads, job listings with placement offices, and walk-ins. SUNDSTRANJD Sundstrand Corporation 4747 Harrison Avenue P.O. Box 7002 Rockford, IL 61125-7002 IN BRIEF Compiled from Associated Press and United Press international reports Reagan meets with Saudi king WASHINGTON - President Reagan, saying it is time to "turn the page to a new and happier chapter" in the troubled Middle East, asked King Fahd yesterday to use Saudi Arabia's "considerable influence and moral suasion" to bring about direct negotiations between Israel and its Arab neighbors. But Fahd asserted that it is up to the United States to lend its efforts in support of the Palestinians and gave no response that indicated Saudi Arabia might heed Reagan's call for talks with Israel. The president greeted Fahd, the first major Arab leader to visit Reagan during his second term, on the South Lawn of the White House before U.S. Cabinet members, other top officials, and dozens of Saudis attired in the traditional flowing desert robes. "The security of Israel and other nations of the region and the legitimate rights of the Palestinian people can and should be addressed in direct negotiations," Reagan told the king. "It is time to put this tragedy to rest and turn the page to a new and happier chapter." Israeli jets bomb guerila camp BEIRUT, Lebanon - Israeli jets bombed a Palestinian guerrilla camp in eastern Lebanon's Bekaa Valley yesterday - the second such attack in 24 hours. Syria said its air defenses fired on the attacking jets. The Israeli military command in Tel Aviv said the raid was on a camp to the Abu Moussa group, a Syrian-backed rebel faction that split with Yasser Arafat's Palestine Liberation Organization in 1983. Reporters in the area said at least four fighters were injured in the latest attack. The bombing raid, about 28 miles east of Beirut, came a day after guerrilla attacks in occupied southern Lebanon killed three Israeli soldiers, two of whom died just north of the border in an area protected by the Israeli-backed South Lebanon Army militia. Beirut radio stations said yesterday's bombing raid began at about 11:45 a.m. near the town of Chtaura, on the Beirut-Damascus international high- way, where the Syrian army force in Lebanon has its headquarters. A Syrian communique said its air defenses fired on the attacking jets and forced them to return to the "occupied teritories" - meaning Israel. The Israeli command reported all its planes returned safely after scoring "ac- curate hits." Hanoi to return MIAs' remains BANGKOK, Thailand - Vietnamese sources said yesterday that it could take as long as a month to turn over the remains of five people whom Hanoi has identified as Americans missing in action in the Vietnam War. They cautioned that U.S. criticism could jeopardize the operation. "Any hostile statements by the U.S. side could cause a postponement," said one Vietnamese source here, who spoke on condition that he not be iden- tified. Sources said yesterday that Veitnamese officials who deal with MIAs told U.S. counterparts at a meeting in Hanoi last week that they would hand over the remains of five Americans. But details were sketchy. U.S. sources said they were encouraged by the Vietnamese decision to return the remains. There are 2,483 Americans listed as missing in action in Southeast Asia, including 2,441 U.S. servicemen and 42 civilians. All but one have been declared legally dead for purposes of administration of family benefits. Tax shelters cost $24 billion in '84, Nader group reports WASHINGTON - A Ralph Nader research group said yesterday that tax shelters cost the federal government $24 billion last year, with 82 percent of the money going to people with annual incomes higher than $100,000. The Public Citizen group blamed President Reagan's tax policies for a 33- percent increase in shelter losses to the treasury since 1981. The Reagan administration hailed the 1981 across-the-board tax reduction,. which cut the maximum individual tax rate from 70 percent to 50 percent, "as a deathblow to shelters," Richard Meyer wrote in a report for Public Citizen called, "Running for Shelter." He added: "In reality,... the Reagan tax cut proved an unprecedented bananza for shelters because of its generous revisions of the depreciation laws." Meyer's report however, hailed the tax-overhaul plan recommended in November by Reagan's Treasury Department as an effective way to choke off some shelters. S. Korea prepares for elections SEOUL, South Korea - Voters will deliver their verdict today on the ap- peal of a new opposition party pressing for democratic reforms, but the elec- tion is not expected to upset the strong legislative majority of President Chun Doo-hwan. The campaign was overshadowed in its last days by the harsh treatment opposition leader Kim Dae-jung received when he returned from self-exile in the United States. Kim and the other main opposition leader, Kim Young- sam, are under house arrest and blacklisted from political activity. South Korea's 24 million voters will determine the makeup of the 726- member single-house National Assembly for the next four years. They can choose between Chun's ruling Democratic Justice Party and the new Korea Democratic Party formed last month by opponents of the former army general's government. J Vol. XVC - No. 110 The Michigan Daily (ISSN 0745-967 X) is published Tuesday through Sunday during the Fall and Winter terms and Tuesday through Saturday during the Spring and Summer terms by students at the University of Michigan. Sub- scription rates: Feb. 1 through April - $7.00 in Ann Arbor; $12.00 outside the city. Second class postage paid at Ann Arbor, Michigan. Postmaster: Send address changes to The Michigan Daily, 420 Maynard Street, Ann Arbor, Michigan 48109. The Michigan Daily is a member of the Associated Press and subscribes to United Press International, Pacific News Service, Los Angeles Times Syndi- cate and College Press Service, and United Students Press Service. 4 An Equal Opportunity Employer :'r:;... -i: : :: :: "; ~ :: : ":": i :i": :i: " 1 Round trip. Anywhere Greyhound goes. This spring break, if you and your friends are thinking about heading to the slopes, the beach or just home for a visit, Greyhound can take you there. For only $99 or less, round trip. Starting February 15, all you do is show us your college student I.D. card when you purchase our ticket. Your ticket will then be good for travel or 15 days from the date of purchase. So this spring break, get a real break. Go any- where Greyhound goes for $99 or less. For more information, call Greyhound. Must present a valid college student l.D. card upon purchase. No other discounts apply. Tickets are nontransferable and good for travel on Greyhound Lines, Inc., and other participating carriers. Certain restrictions apply. Offer effective 2-15-85. Offer limited. Not valid in Canada. Editor in Chief.................NEIL CHASE Opinion Page Editors ............. JOSEPH KRAUS PETER WILLIAMS Managing Editors ........... GEORGEA KOVANIS JACKIE YOUNG News Editor...................THOMAS MILLER Features Editor ............... LAURIE DELATER City Editor ............ ...ANDKEW RIKSEN Personnel Editor............. TRACEY MILLER NEWS STAFF: Jody Becker, Laura Bischoff, Dov Cohen, Lily Eng, Carla Folz, Rita Girardi, Marla Gold, Ruth Goldman, Amy Goldstein, Rachel Gottlieb, Jim Grant, Bill Hahn, Thomas Hrach, Sean Jackson, Elyse Kimmelman, David Klapman, Debbie Ladestro, Vibeke Laroi, Carrie Levine. Jerry Markon, Jennifer Matuja, Eric Mattson Amy Mindell, Kery Murakami, Joel Om- bry, Arona Pearlstein, Christy Reidel, Charlie Sewell, Stacey Shonk, Katie Wilcox, Andrea Williams. Magazine Editors .............,PAULA DOHRING RANDALL STONE Associate Magazine Editors ...... JULIE JURRJENS JOHN LOGIE Arts Editors ........................ MIKE FISCH ANDREW PORTER Associate Arts Editors ... MICHAEL DRONGOWSKI Movies ..................... . BYRON L. BULL Music......................DENNIS HARVEY Sports Editor ...... .........MIKE McGRAW Associate Sports Editors ........... JEFF BERGIDA KATIE BLACKWELL PAUL HELGREN DOUGLAS B. LEVY STEVE WISE SPORTS STAFF: Dave Aretha, Andy Arvidson, Mark Borowsky, Emily Bridgham, Debbie deFrances, Joe Devyak, Joe Ewing, Chris Gerbasi, Jim Gindin, Skip Goodman, Jon Hartman, Steve Herz, Rick Kaplan, Tom Keaney, Mark Kovinsky, Tim Makinen, Adam Martin, Scott McKinlay, Barb McQuade, Scott Miller, Brad Morgan, Jerry Muth, Phil Nussel, Adam Ochlis, Mike Redstone, Scott Salowich, Randy Schwartz, Susan Warner. Business Manager...............LIZ CARSON Sales Manager............DAWN WILLACKER Marketing Manager.............. LISA SCHATZ Finance Manager.............NANCY BULSON Display Manager.............KELLY WORLEY Classified Manager.............. JANICE KLEIN Nationals Manager...........JEAN McMAHON Personnel Manager............ MARY WAGNER Asst. Finance Manager......FELICE SHERAMY Ass't. Display Manager........... DOUG SMITH ADVERTISING STAFF: Ginny Babcock, Carla Balk, Cathy Barnes, Julia Barron, Christie Bogdan, Alyssa Burns, Whitney Burr, Monica Crowe, Claire Davies, Melanie Dunn, Tali Flam, Richard Gagmen, Meg Callo, Natalie Green, Betsy Heyman, Jen Jeyman, Linda 0 1 ? :"° 2:'1 . ,i: s . " tS'.K..w s' "7'3 ' :c '':£' . W aa' ' 1 'xt ".ti 4 ' i''"'i vfiktr . + : .+ :# t w ':£ 'ass '.'vu c. :c'r}k'ta ::v .+,::;F a x.':;t :': '' t',"': s .{ 4{ti+ Yyv1}.,. .\:ti ': : ? (: .". y f/ "'.V { .'( :. J' f I Ii