Masonry Magazine March 1969 Page. 36
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CHAMPION HOISTS are erected and dismantled in one third the time of a 4 post tower.
10 Models of Workmen's and Materials Hoists
There's a Champion hoist that's just right for you. Any contractor who works on buildings can't afford not to own one or more.
Write for literature and prices.
• Capacities to 5000 lbs.
Platform handles oversize materials such as 4' x 8' wallboard.
Easy to re-locate.
Manual and hydraulic models.
CHICAGO BOOM AND CONCRETE BUCKET ACCESSORIES.
Champion MANUFACTURING COMPANY
Please send information on Champion Hoists for Workmen Materials
Name
Address
City, State, Zip
Phone
Type of Contractor
3700 Forest Park Ave.
St. Louis, Mo. 63108
Phone: 314-531-6688
36
Washington Wire
(Continued from page 13)
that any formula that grants industry fat windfalls would not have a chance in Congress not with the suspicious Democrats in control. So officials will lean over backwards.
They still plan to come up with an effective scheme to line up business to help with ghetto problems. And they still intend to give deductions from taxes -not just from income. Some point to the 7% investment credit as a guide as the kind of thing that might be sent up to Capitol Hill soon. But there will be no tax benefits for, say, the on-the-job training programs already in existance and functioning to satisfy a company's normal need for manpower. The credits would be limited to new programs or extensions of existing programs-for training people beyond a base-period number.
IT LOOKS AS THOUGH CONGRESS REALLY MEANS BUSINESS ON TAX REFORM this year. Nixon's sudden decision to support changes has triggered the desire for action that House Ways and Means Chairman Mills has nurtured so long. Both are being spurred by taxpayers' anger at special treatment for many-the "revolt" that many officials and Congressmen long have felt was brewing.
Here are some things Congressional leaders are gunning for:
-Foundations-Their use of tax-exempt income will be curbed.
-Real estate-So-called "tax shelters" will be restricted.
-Capital gains-They may not go untaxed at an owner's death.
-Minimum tax Sheltered investors may have to pay something.
But oil-depletion and exemption of local bond income stays.
THE ORDINARY TAXPAYER WILL GAIN from the extra $3 billion collected by closing loopholes. (Traditionally, reform doesn't alter total receipts.) The standard deduction would be fattened from today's 10% or $1,000 maximum. Personal exemptions would be raised from the current $600 per person up to $1,000. The House could complete work this year. the Senate not until 1970.
RICHARD NIXON CONTINUES TO ASTONISH WASHINGTON with his sure grasp of the reins of government...with his calm...with his non-partisan approach. He flatly refuses to be bound by the promises he made during the campaign. And he works hard to get on with the Democrats more so than his own party. His leadership may prove to be as progressive-even liberal as Johnson's.
Nixon's pragmatism-his practicality is the most striking aspect of his Presidency so far. He has taken surprising tacks on many of the issues with masonry
• March, 1969