100%

Scanned image of the page. Keyboard directions: use + to zoom in, - to zoom out, arrow keys to pan inside the viewer.

Page Options

Download this Issue

Share

Something wrong?

Something wrong with this page? Report problem.

Rights / Permissions

This collection, digitized in collaboration with the Michigan Daily and the Board for Student Publications, contains materials that are protected by copyright law. Access to these materials is provided for non-profit educational and research purposes. If you use an item from this collection, it is your responsibility to consider the work's copyright status and obtain any required permission.

September 14, 1990 - Image 5

Resource type:
Text
Publication:
The Michigan Daily, 1990-09-14

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

The Michigan Daily - Friday, September 14, 1990 - Page 5

Proposal
offers tax
ebreak for
wealthy
WASHINGTON (AP) - A new
tax proposal by Republicans at the
budget summit would cost low-and
moderate-income Americans $4.1
billion next year while slashing
*axes by $11 billion for those better
off, according to documents obtained
yesterday by The Associated Press.
A Democratic offer would lower
by $4 billion the taxes paid by peo-
ple with incomes below $20,000,
while boosting them by $26.8 bil-
lion for everyone else, the papers
show.
In the Republican plan, the
iggest break, $7.4 billion, would
o to people with incomes of more
than $200,000.
The estimated distribution of
both tax proposals was calculated by
Congress' nonpartisan Joint Tax
Committee.
The GOP plan included cutting
the capital gains tax rate, limiting
the deducibility of state and local in-
came taxes, a tax on petroleum fuels
~nd higher alcohol taxes. It also
contained a proposal to increase ex-
cise taxes, extend the soon-to-expire
3 percent tax on telephone calls and
change in the child care tax credit.
The Democratic proposal included
a surtax on the income taxes paid by
people earning more than $200,000
annually, higher alcohol taxes and
taxes on energy and gasoline.
rIt also contemplates extending
the 1.45 percent payroll tax people
pay on their first $51,300 of wages
each year to all of their additional in-
come, if any. The tax, which is in-
cluded in the Social Security levy,
gdes to the costs of hospital care
provided by Medicare.

Grant apprvedto xpad
SDetroit Metropolitan Airport

WASHINGTON (AP) - The
Federal Aviation Administration ap-
proved a $185 million grant Thurs-
day for expanding Detroit Metropoli-
tan Airport.
The agency released a letter stat-
ing its intent to supply the grant, a
key component of funding for the $1
billion project, said Rep. Bob Carr,
(D-East Lansing).
Carr, a member of the House
subcommittee that handles trans-
portation spending, had requested the
money. He said it would pay for a
fourth parallel runway, a second

cross-wind runway, accompanying
taxiways, lighting, a tunnel for an
access road and other improvements.
"Getting the FAA's agreement
and ... endorsement through this let-
ter of intent is a major hurdle," Carr
said.
He acknowledged that some peo-
ple oppose the project, fearing it
would increase noise near the airport
in Romulus, about 25 miles west of
Detroit. But he said it would create
10,000 jobs and alleviate worsening
congestion at the airport.

Z
Saudi Showstoppers
American soldiers from the 82nd Airborne cheer their approval for entertainers performing a USO-style show
Wednesday in Saudi Arabia. The hour and a half performance was organized for the troops by amateur singers,
dancers and musicians from the U.S. and Britain who live and work in Saudi Arabia.
.iiht

The Giorgio Armani Show
he Gorgio Armani Fashion Consultant will be in our offic
with the complete Armani line of frames and sunglasses

o Q 9 3 Q A

COMPLETE VGA SYSTEMS:

286-12 386-SX 386-25 386-25 386-33 486-25

I

r.r. _

64K

I

Cache
RAM MB standard (max)
101-key keyboard
Case w/3 5.25" & 2 3.5" Bays, 200w power
HD/FD, 2serial/1 parallel Controller
Hard Disk IDE 28 MS, MB
FDD 5.25" 1.2MB and 3.5" 1.44 MB
Monitor: 14" VGA Color 640x480
16-bit VGA Card RAM
Professional Keytronics Bus Mouse
1-year warranty & full technical support

2(4)
incl.
incl.
incl.
40
incl.
incl.
256K
incl.
i'r

2(8)
incl.
incl
incl.
40
incl.
incl.
256K
incl.
inl

32K
2(16)
incl.
incl.
incl.
40
incl.
incl.
256K
incl.
indl

64K
2(16)
incl.
incl.
incl.
40
incl.
incl.
256K
incl.
ind.

64K
2(16)
incl.
inci
ind
40
incl.
incl.
256K
incl.
incl.

64K
2(16)
incl.
incl.
inc.
40
incl.
incl.
256K
inc.
inl.

DO YOU...
/specialize in word
* processing

-

Date: Thursday, September 20th Time: 1-5 pm
Location: Ann Arbor Contact Lens Clinic
545 Church Street (on campus)
Phone: 769-1222

I

1(IGi. Ii IGi. 11 Itl, n itt. n " "

YOUR PRICE ($) 1495 1695 2395 2695 2895 4795
Call PC Products Systems, Inc.. tel (313) 668-8481, Mon-Sat 10-7, fax (313) 662-6521, or visit 749 Airport Blvd., Ann

Ir

I erhw Mi Aa 8 ital accnt ViMastrCard. 5%

Yo off with this ad-expires 10131190.

HI [iUI I IYIl4r,

Q,~, 1 Q rC0V }!LU ICU VI~L'9 %l~S* . . . . . ... NUu1"~ . --% - vr. -- v -

A-,

/run a test preparation
service
OR

I

/furnish resumes?
Advertise in,
Classifieds
Call 764-0557 N OW!!i

MICHIGAN
hare #se

MONDAY
NIGHT
at
12.01 a.m.

C
R
NR

AMPUS

1

NATURAL LIGHT
1/2 BARREL
$29.95
+tax
+deposit
-while supplies last

- A AA

1665-4431

d

818 S. STATE, ANN ARBOR
OPEN711.2MIDNIGHT, SUN-THURS
2 AM, FRI & SAT

1140 South University
Above Good Time Charley's
Ann Arbor, MI 48104
Ph: (313) 663-5800
Normal Mon-Sat: 9 am-I0 pm
Hours: Sun: 11 am-8 pm
Capitol Release

WIN
WIN
WIN
WIN

A MICHIGAN WHEREHOUSE RECORDS
$100.00 GIFT CERTIFICATE!
No purchase necessary. Just for showing up be-
tween 9:00 p.m. and 12:30 a.m., get a"Heaven or Las
Vegas" raffle ticket FREE! (one person). We'll give
away four (4) total . .. one each at Midnight, 12:15
a.m., 12:30 a.m., and 12:45 a.m.
You must be present to win!

Technically Tuesday Morning

MOL

Back to Top

© 2021 Regents of the University of Michigan