Page 4-Friday, July 31, 1981-The Michigan Daily Oil benefits are main question in final tax bl From AP and UPI WASHINGTON - When a Senate- House conference committee gets together to agree on the final details of President Reagan's tax-cut bill, the talk won't be on how to help the poor or bolster the economy. The big question will be whether to give the oil industry $47 billion worth of special relief, $20 billion, or something in between. Americans will not feel the effect of President Reagan's tax cut package until they pay their 1982 income taxes, and even then the impact will be minimal. IN FACT, people making less than $10,000 will get such a small tax cut in 1982 that it will be more than offset by inflation and increases in Social Security payroll deductions, and they will end up paying more in taxes.- The tax cut is scheduled to take effect Oct.1. Although the first year of the tax cut is billed as a five percent reduction, it will amount to a 1.25 percent cut for 1981 since it comes at the end of the year. There's no difference between the House and Senate bills on the basic tax- cut issues: Individuals will get a 25 per- cent reduction in tax rates over the next three years. The two houses likewise are in virtual agreement on how to reduce business taxes. BUT IT WAS oil benefits that produced a dramatic victory, for Reagan's plan in the House Wednesday and it is the size of those oil' benefits that will determine how quickly the conference can complete its work. If all goes according to schedule, the conference will start its work today and some congressional leaders say the handful of differences can be resolved in one day. Others in Congress doubt the final compromise bill can be delivered to Reagan for signature into law-before the middle of next week. BEFORE THE conference can even start its work, the Senate will have to have a formal vote on the tax bill. That vote, usually taken routinely, was being delayed until Senate and House leaders could free for final action a second part of Reagan's economic program: a huge budget-cutting measure. The budget bill was cleared for action today after being held up most of the day yesterday by Democrats who op- pose a provision in it, that would eliminate minimum Social Security benefits for three million elderly Americans. Under pressure from a powerful committee chairman who could hold up President Reagan's budget cuts, congressional leaders worked out an agreement yesterday to allow the House to vote symbolically to restore the Social Security minimum benefit. In Brief Compiled from Associated Press and United Press . International reports Blast levels Utah explosives plant; five people missing GRANTSVILLE, Utah-A predawn blast turned an explosives manufac- turing plant into a fireball yesterday, leveling the concrete building and leaving "not a trace" of the five people working inside, officials said. A other blast was averted after workers capped a leak in a 10,000-gallon tank of flammable material. "If all the people were in the plant-five-we can only assume the are all dead," Tooele County Sheriff Walt Shubert said, The concrete building was "blown away" shortly after 4 a.m. MbT by the first in a series of blasts, Shubert said. "There is just a hole in the ground" 35 feet deep where the plant was, he added. As fire from the first blast spread to containers of solid and plastic ex- plosive, at least two other explosions occurred, officials said. Iranians demand Frn h extradition of Bani-Sadr BEIRUT, Lebanon-Demonstrators chanting "Death to Mitterrand!" ringed the French Embassy in Tehran for three hours yesterday and demanded the Paris government extradite fugitive ex-President Abolhassan Bani-Sadr to Iran for trial. There was no reaction from French President Francois Mitterrand. Sources in Tehran telephoned by The'Associated Press from Beirut said there were about 250 demonstrators outside the embassy. In France, neither Bani-Sadr nor any members of his family appeared outside the tightly-guarded apartment where he is staying. French police on guard at the apartment said Bani-Sadr's wife and daughters were with him. The protest at the French Embassy in Tehran occurred hours.after a har- dline deputy, Hojatoleslam Sadegh Khalkhali, told Iran's parliament that Iranians would take matters into their own hands unless the government took action against the mission. Israel, Syria trade threats TEL AVIV, Israel-Israel and Syria traded threats yesterday after Israeli planes downed a Syrian jet fighter over Lebanon and Palestinian guerrillas attacked a bus outside Jerusalem, wounding four people. - Israel said-it might retaliate for Wednesday night's bus attack, and Syria said Israel would "pay dearly" if it continued reconnaissance flights over southern Lebanon like the one that resulted in Wednesday's dogfight. One of the wounded in the bus attack, a 23-year-old woman, in her seventh month of pregnncy, was in serious condition after a bullet killed the baby she was carrying. Palestinian guerrillas briefly shelled a Christian town in southern Lebanon last night, violating the week-old cease-fire mediated by the United States along the Lebanese border, Israel Radio said. Irish hunger striker in coma BELFAST, Northern. Ireland-Jailed Irish nationalist Kevin Lynch slip- ped into a coma in the 69th day of his fast yesterday. And fellow hunger striker Kieran Doherty was almost unconscious and barely able to talk after 70 days without food, their supporters said. Bishop Edward Daly of Londonderry urged an end to the fast "before any more deaths take place." But a spokesman said Lynch, Doherty and six other hunger strikers vowed: "Our position has not and will not alter up to such time as the British government decides to honorably settle the issue." Sinn Fein, the Irish Republican Army's political front, said that Lynch, 25, was expected to die at any time. He was reported unable to drink water because his throat was ulcerated. Lynch, a member of the Irish National Liberation Army, is serving a 10- year term for ambushing British troops, conspiring to steal military weapons and taking part in shooting people who defied his clandestine organization FBI bootleg tape 'sting' fails NEW YORK-An undercover FBI operation involving bootlegged music tapes was unmasked last Sunday when the target-of the inquiry recognized the would-be buyer as Abscam con man Mel Weinberg. "We know who you are and we know who you work with," Stanley Pearson said he told Weinberg on Sunday during a long-distance telephone call originally placed to cement the sale of 25,000 rock music cassettes for $38,750. An FBI agent on the case who asked not to be named confirmed that Pear- son made the remark during the phone conversation. FBI spokesman Joseph Valiquette confirmed Weinberg's involvement in an investigation of "copyright matters" and said the inquiry is continuing. He said the fact that Weinbergwas recognized did not harm the case. In an interview with The Associated Press, Pearson denied any wrongdoing and said he had been working on the "bootleg problem" with record company officials for more than a year. Pearson, president of Music Leasing Co.-which buysmaster tapesof popular records, then leases the rights to independent distributors for - copying-said he went along with Weinberg only to "see how far our gover- nment would go to trap honest businessmen like me." 4 4, Go.Go ys beauty and the. beat The the "Our for 1. of tht he s enew Mum containing single "Our Lips Are Sealed" llr'a nd the'Beat rLips AreSealed, the band's firssa il e R.S. Records (is) a delightful mix e sly innocence of 60's girl pop and ;nappiness of today's new music style:' Robert Hilburn LQ ''ines Abum &Tckets, 1 Schoolkids iR.S Records & Tapes 198 [tl,'rllan cmal .. .IIS a le I o . tIL r urai itrl -]6N %IHm ...r- .M MON. AUG. 3rd SECOND CHANCE