The Wynnewood Gazette (Wynnewood, Okla.), Vol. 80, No. 23, Ed. 1 Thursday, September 3, 1981 Page: 2 of 16
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Page 2, The Wynnewood Gazette. Thursday. September 3. 1981
Nickles praises Reagan's tax cuts
ki
by Senator
Don Nickles
Gas ban is lifted
Wynnewood Gazette
UsS
Get the brush off
MEMBER
Aall
All i kno- is whot I reod in the popers—Will Rogers
Chandler . .
What’s Your GMI*?
Humphrey
gets medal
3
4|
D
Divorce
Wynnewood
hcunngydu
117 S. Dean A. McGee
665-2001
Steve Stephens
Ellis Lindsey
David Warden
Mi
Qklahoma Press Asroriation
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A FUL
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SERVICE
BANK
R
R.RERXRORHHIRTHHRVROR
The State Bank
Of Wynnewood
Entered At The Wynnewood. Oklahoma Post Office
As Second Class Matter. Under Act of Mar. 3. 1879
R
H
Valley Home
Improvements
1007 S. Chickasaw
Pauls Valley, Ok.
R
V
R
H
Divorce Services In.
1505 N. Portland Ave.
Oklahoma City. Okla.
R
H
ARE YOUR CHILDREN
PREPARED FOR SCHOOL?
Lowell Thomas dies
Lowell Thomas died in his sleep
Saturday night. The 89-year-old
explorer died of a heart attack.
Thomas was one of the first na-
tionally known radio performers.
His program came from the four
comers of the world. It lasted more
than 50 years.
He talked to some of the world’s
most famous men. He went to them
in some of the world’s most out-of-
the way places.
Keeping
In
Touch
!
I
Valley Home Improvements
Wants Your Business
Guaranteed monthly
income It's an option
you may choose on any
of our certificate
investments.
$68
(Plus Court fees)
Call Toll Free
1-800-5 22-6000
( 8 am - 7 pm)
t SDrug
665-4115
&
It means regular
monthly interest
mailed to you on your
certificate investments.
Assured return on your
deposits. And, savings
that are insured by
FDIC.
Over 200 involved in scandal
More than 200 persons could be
involved in the county commission
case. U.S. Attorney David Russell
says most of the 200 are or have
been county commissioners.
Federal attorneys say this could
be the largest case in U.S. history
of unlawful activity involving
public officials.
The federal investigation reached
all the way to the state legislature
last week. State Rep. Don Fedder-
sen resigned. He will plead guilty
to taking kickbacks. Feddersen
was a commissioner for nine years
in Canadian County.
Some say other legislators who
have served as county commission-
ers may also be charged.
Umuuu §
117 SOUTH DEAN A. McGEE.8
Publication Number USPS 693860
Consolidated with the NEW ERA, March 1, 1931
Telephone [405] 665-4333, Box 309
MARCIE SILER - Owner & Co-Publisher
RONALD L. ROGERS Owner & Co-Publisher
KENNETH R. WOOD - Mgr. Editor
PATRICIA SEALEY - News Writing and Features
BETTY CRUMP • Advertising Sales
AV*
Mastic Corporation
Avoid accidental poisonings
Each year thousands of children
are accidentally poisoned. Many
are injured. Some die from eating
medicines, drain cleaners, bleach-
es and other household products.
Steps can be taken to avoid this.
Use child-proof bottles when avail-
able.
Keep household products and
medicines out-of-reach and out-of-
sight of children.
Store medicines away from other
household products. Keep them in
their original bottle. Put the cap
back on right.
3
published every Thursday at 210 South
Dean A. McGee Ave., Wynnewood, Oklahoma 73098
Postmaster:
Changes of address may be sent to:
Circulation Dept.. Wynnewood Gazette
210 S. Dean A. McGee. Wynnewood. Ok. '3098
$7.00 plus tax per year Garvin & Murray Counties
$8.50 plus tax per year elsewhere in state
$9.50 plus tax. out-of-state
Nigh calls special session
Gov. Nigh called a special session
of the legislature. Its only job is to
deal with the huge county com-
missioner pay-off scandal.
Legislators will decide how to fill
jobs left open by county commis-
sioners who have resigned.
Nigh says they have two choices.
They can provide $1 million for
special election costs. Or they can
let him name those to fill the jobs.
405/665-2001 4P0.BOX3694
ESu!
---i
F«ch depoior imurkd to $1(**
FDIC
•tDea m»cw "Heanc toeroea 10-
est tax reduction in U.S.
history.
Among the major pro-
visions of the tax cut are:
WINDFALL PROFITS
TAX
--A $2,500 tax credit
this year for royalty own-
ers; in 1982 through 1984
there is a two barrel per
day exemption (which
means if oil is $35 a
barrel, persons with roy-
alty income of less than
$25,000 pay no windfall
profits tax); and by 1985,
royalty owners may ex-
empt three barrels a day
(which amounts to a poss-
ible tax savings of nearly
$13,000 a year by 1985).
There are about 200,000
royalty owners in Okla-
homa, and we estimate
that 90 percent of them
will be exempt from the
windfall profits tax.
Oil from low-yield
stripper wells owned by
independent producers
will be exempt from the
tax starting in 1983. Pres-
ently, 85 percent of the
Wynnewood residents
will have an opportunity
this week to get rid of
accumulated brush and
tree trimmings on their
property.
The city will pick them
up on Thursday, Sept. 3.
and Friday, Sept. 4, with
the cooperation of home-
owners.
Wynnewood will be op-
erating its brush chipper
this week to cut tree limbs
out of electrical lines.
Since the chipper will be
in operation. Water and
Light Superintendent Ken
Hornsby said city person-
"*49, 0*
Good Housekeeping:
k*a PROMISES )
NEEMENORREFUNKU5M
3 SUP
INSTALLATION
3. SIDING —--
2 ALUMINUM FOIL
1. FOAM CORE —
United States Steel
MHUt snxi. shnw;
LifeSteelM
Washinton's political
war over President Rea-
gan's tax and budget cuts
is history, and the victors
are NOT the politicians
who fought the battles.
You—the people—the tax-
payers--are the real win-
ners. Your voice calling
for less taxes, less spend-
ing, and less regulation
has been heard.
The changes you are
causing in the federal
government are the most
significant since Franklin
D. Roosevelt ushered in
the New Deal 50 years
ago. The tax cut will save
taxpayers about $750 bil-
lion by 1986-it‘s the larg-
Like his wife says.
“Where there's a will,
there's a way.”
“You have to keep
a-kickin' to keep living. I
don't want to see the day
I'm not looking forward to
doing something,” she
said.
$
03
W
continued from page 1
“All the ones who left
the farm for the war
plants came back and
cried to us. The biggest
majority of our neighbors
who went off to those jobs
are buried now,” Mrs.
Chandler said.
Chandler, on the other
hand, never took the first
swallow of medicine for 60
years, from 1918 to 1978.
Army Maj. Elbert A.
Humphrey, son of Mrs.
William E. Humphrey of
511 N. Willow, Pauls
Valley, Okla., has been
decorated with the meri-
torious Service Medal at
Fort Riley, Kan.
The Meritorious Ser-
vice Medal is awarded
specifically for outstand-
ing non-combat meri-
torious achievement or
service to the United
States.
Humphrey, an execu-
tive officer, is a 1971
graduate of Central State
University, Edmond,
Oklahoma.
the natural gas used in
the United States while
asking homeowners to
give up the security pro-
vided by their yard lights.
This measure should help
relieve the anxiety of cust-
omers who have told us of
their need to have the
nighttime security of an
operating yard light.”
The amendment also
relieves Lone Star of the
time-consuming and cost-
ly effort to locate and
disconnect each gas yard
light within its 170,000
square mile system.
‘ ‘ Many different
groups have sold gas yard
lights over the years.”
Neaves reported. "As a
result, we do not have
complete records indi-
cating where the indi-
vidual lights were in-
stalled.”
10% July 1983-totalling
25% across the board for
all taxpayers. Present tax
rates range from 14% to
70%. the new tax laws
reduce the range to 10%
to 50%. This is an impor-
tant gain for you to keep
more of your income,
instead of Washington
taking and spending it for
you.
MARRIAGE PENALTY
Seventeen million
working couples pay more
taxes now than if they
were not married. Start-
ing next year, a married
couple will be allowed a
new tax deduction of up to
$1,500; in 1983 and future
years, they will be grant-
ed up to a $3,000 deduc-
tion. The deduction is
computed by taking 5 2
percent of the earnings of
the lower paid spouse in
1982 and 10 percent after-
ward.
INVESTMENT INCOME
The 70 percent maxi-
mum tax rate on invest-
ment income—interest,
dividends, etc.-will be
cut to 50 percent on
January 1, 1982.
Retroactive to June
10, 1981, the 28 percent
maximum rate on capital
gains drops to 20 percent.
The changes will not
only benefit Oklahoma,
but also go a long way
toward restoring our per- •
sonal and economic
freedoms.
nearly 26,000 oil wells in
Oklahoma are stripper
wells.
The tax rate on new
oil will gradually be cut in
half by 1986.
The windfall profits tax
is an unfair excise tax
which should be repealed
altogether. While the new
plan is a giant step in the
right direction, we must
continue to fight for
repeal.
INHERITANCE TAX
-One of the most unfair
taxes is the inheritance
tax, especially between
spouses. One of the best
provisions of the new tax
law is that inheritance
taxes between spouses
have been eliminated.
Also, exemptions will be
gradually increased from
the current $175,625 to
$600,000 by 1986, elimin-
ating the inheritance tax
on 98% of all estates.
INDIVIDUAL RATES
-Personal income taxes
will be cut 5 % October 1.
1981, 10% July 1982, and
Save up to 40% off your utility bills
with
tate&a SIDING
He has been known to
mow a 10-acre pasture
with a lawnmower.
Mothers are busy these days. For school
beginning is a big event Health records must be
checked to make certain vaccinations are still
potent ami if not. booster shots are a "must "
Children leav ing home for college should v isit the
family physician for a health check-up Essential
medicines the doetor think' necessary must be
packed. And, the eating habit' of all children al
school may have to be assisted. Too many grab a
hasty bite for meals which lacks the important
vitamins needed for their growing bodies. Most
physicians advise daily vitamin' for school
children.
YOUR IXH TOR ( \X PHONE US when you
need a medieine. Pick up your prescription if
shopping nearby, or we will deliver promptly
without extra charge A great many people entrust
us with their prese ription- May vv e compound and
dispense your'?
H V u n R 2 H V it Ti2RVROR
"Homeowners can con-
tinue to enjoy the security
of their gas yard lights
following a presidential
action which lifts the ban
on outdoor gas lighting,”
Lone Star Gas Company
President Carol Neaves
said today.
A provision of the bud-
get appropriation bill,
signed by President Rea-
gan on August 13, voids
part of the Fuel Use Act.
which required that all
gas yard lights be discon-
nected by New Year’s Day
1982.
“We are gratified by
this change, because that
portion of the Fuel Use
Act was counterproduc-
tive,” Neaves stated.
“The government was
making an effort to con-
serve less than one-
quarter of one percent of
nel also will take away
residents’ brush on
Thursday and Friday.
In order to get it picked
up. residents are asked to
call the Water and Light
Department and let de-
partment personnel know
the address where the
brush will be placed.
Pickups will be made
periodically. Hornsby
said. Residents will be
notified further in ad-
vance of subsequent pick-
ups. but earlier notice
wasn’t possible this week,
he said.
*. News in
Review
“Ask About Our 40 Year Conditional Warranty”
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Wood, Kenneth R. The Wynnewood Gazette (Wynnewood, Okla.), Vol. 80, No. 23, Ed. 1 Thursday, September 3, 1981, newspaper, September 3, 1981; Wynnewood, Oklahoma. (https://gateway.okhistory.org/ark:/67531/metadc2034167/m1/2/: accessed July 17, 2024), The Gateway to Oklahoma History, https://gateway.okhistory.org; crediting Oklahoma Historical Society.