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About The Battalion. (College Station, Tex.) 1893-current | View Entire Issue (April 21, 1977)
Page 6 THE BATTALION THURSDAY, APRIL 21. 1977 Saddle Up in ■ OLDMAINE ■ ■ trotters | **'\*", FX '* II Ph^ne S2‘l-nG:iO r PACK’S PLASTER & CERAMICS Hours: Tues., Wed., Thurs. 1 p.m.-9 p.m. Saturday 10 a.m.-5 p.m. Sunday 2 p.m.-5 p.m. Carter wants higher energy price FM 2233, Old Wheelock Rd. 823-3965 ALLIED INSURANCE AGENCY Bill Pipkin - Agent 4103 Texas • 206 846-4774 Specializing in Student Insurance Automobile Mobile Home Motorcycle Renters <»**-'* Two can ride cheaper than one. MSC VIDEO PROGRAMMING BALLOT Please number one through six in order of prefer ence: A. Comedy - Robert Klein, TV Madness, etc. . . . United Press International WASHINGTON — President Carter is asking a wary Congress to curb America’s big appetite for energy by making gasoline, heating oil, natural gas — and heavy cars — much more expensive. “Reward those who conserve and panalize those who waste,” the President pleaded in his first sppech to a joint session of Congress — his second television appearance this week to warn of a “catastrophe” when world oil supplies dwindle in the 1980s. The Democrats who run Con gress welcomed him with a standing ovation but thin applause for his specifics. They promised to give his ideas a fair hearing. House speaker Thomas O’Neill, who supports Carter’s program, foresaw a bruising fight. Congress’ past differences with Carter over dams and taxes were mere skirmishes, he said: “This is the bat tle.” Congressional uneasiness was most apparent over a gradual gasoline tax increase of as much as 57 cents a gallon by 1988. Ameri cans burn 7 million gallons of gasoline a day, much of it driving to and from work. "I am not willing to vote a tax on people who face a real struggle to pay their present gasoline bills,” said Rep. Paid Simon, D-Ill., in a typical comment. To take the sting from the taxes he proposed and to avoid causing a depression, Carter’s plan would re turn to the taxpayers the billions collected in new energy taxes. The money would flow back in the form of tax cuts, rebates and re wards for those who conserve fuel, insulates homes and tap the sun for heat with solar energy systems. Carter’s central points: Get into some great pants! TOP DRAWER Culpepper Plaza The Aggie Players present _B. Concerts - KC & The Sunshine Band, Rod Stewart, Jim Croce, etc. . . . _C. Sports - Super Bowl, Olympics 1972, etc. . . . T). Short Subjects - Three Stooges, W.C. Fields, Charlie Chaplin, etc. . . . _E. Cartoons - Bugs Bunny, Popeye, etc. F. Documentaries - The Kennedys, Gerald Fords America, etc. . . . Ballots will be collected in a box located next to our TV monitor in the MSC lounge. (3^ A HOOIM FOR THE fliSBEGOFEN by EUGENE O'NEILL FORUM THEATER 8:00 P.M. Apr. 14 thru 16 and 20 thru 23 A&M Students $1.75 All Others $2.75 lT|d Sponsored bvi Crajts and fttts Cornitrittee rtl 26 th f 27 qA,IH, to 5‘.*30 bo In front o jR up dt Ik Crdt 5V\op .April. 11irifet spicc avallable Adit 84b~l631 for more inform all oil r*i V A heavy wellhead tax on domestic oil to bring its price to the world price of over $13 a barrel to encourage conservation. V Starting with 1970 model cars, those going in showrooms this fall, an attack on the American status symbol — the big V8 — with taxes of from $52 to $449 on gas guzzlers. The tax would reach nearly $2,500 by 1985 on low mileage cars. Rebates of as much as $500 would he paid buyers of cars that get 39 miles to the gallon. V Standby authority to ration gasoline and creation of a national petroleum reserve of one billion gal lons or a 10-month supply, to cope with a new oil embargo. V A goal of reducing total gasoline conumption through a tax of 5 cents per gallon in 1979 and every year that consumption in- ci eases. V l ax credits of as much as $410 for home owners who install storm windows and insulation and of up to $2,200 for those willing to spend $7,400 or more to install solar heat ing systems. A 10 per cent tax credit to businesses for investments in con servation measures. V Reform of utility rates to eliminate discounts to high-volume customers and to offer lower rates to those who use electricity at night, when demand is lowest. V New emphasis on coal and coal research, with a tax, starting in 1979, on large industries that refuse to switch from oil or gas to coal. V Continued price controls on oil, but a minimum dWcc for natural gas so gas will not be tive to oil. Carter would retain coni encourage conservation 1 prices through the new taxes with the billions r turned to consumers thr bates. For the time being, ( jected a favorite proposal — legislation to break i giants. But he proposed tom profits and performances government collecting dataii relics upon the industry to Carter highlights proposals ■ United Press International WASHINGTON—Highlights of President Carter’s energy program: Gasoline tax The federal gasoline tax, now 4 cents a gallon, would go up a nickel starting Jan. 15, 1979, if gasoline use increases by 1 per cent or more over a set target in 1978. Another nickel would be added on if consumption rises 1 per cent or more over the target in 1979 and then a nickel each year consumption does not de crease through 1987. The maximum effect could be a 50-cent-a-gallon tax increase plus 7 cents a gallon from oil taxes reflected in gasoline. But the tax could be reduced 5 cents a year if consumption declines. New Cars Taxes would be imposed on new cars that are not fuel effi cient and rebates would be given for cars that get good mileage. The figures are based on a sliding scale starting with 1978 models this fall and going through 1985. Rent Your Prom or Wedding TUXEDOS Aggie Cleaners 111 College Main A gas guzzler getting less than 13 miles a gallon next fall would be taxed $449, and a ear geting 39 miles per gallon or an electric car would get a $473 rebate. By 1985, however, the maximum rebate would be $493 and the maximum tax would be $2,488. Insulation rebates To encourage insulation, homeowners could get a tax credit ol up to $410 if they spent up to $2,200 in a single year be tween April 20, 1977, and Dec. 31, 1984, on conservation mea sures such as insulation or weatherstrippi ng. Businesses could get a 10 per cent tax credit for such improvements. There would be a tax credit of up to $2,000 for expenses of $7,400 in a year on certain solar energy equipment for both houses and businesses. Income tax Money collected from gasoline and auto taxes would be rebated to Americans through the income-tax system and by direct Record Riot + MAJOR LABEL LPS TOP $ * ARTISTS ★ ^ 8-TRACK TAPES $ 2 99 ★ * to *2" University Bookstore At the Northgate I GREAT ISSUES PRESENTS WORLD FAIVIOUS ANTHROPOLOGIST DR. JANE ff IIM SHADOW IVIANT WEDNESDAY, APRIL S7 RUDDER AUDITORIUM 8:00 PIVI STUDENTS - SOC OTHERS-ST PROGRAIVl PRODUCED WITH THE COOPER AXIOM OF THE U SB. UEAKEY > DUMDATIOM \ Battalion Classified Call 845-2611 payments to people who don’t pay taxes. Natural gas Prices could go up to a maximum $1.75 per thousand cubic feet at the beginning of 1978 and federal jurisdiction would be extended to intrastate production. The emergency power the President got this year to require sharing of scarce supplies, through allocation or ders, would he extended three years. Domestic oil Oil would be taxed so that over a three-year period its prices would reach the wo rid price, now $13 to $14 a barrel. The ultimate size of the strategic oil reserve would be doubled to 1 billion barrels. Conservation Industries and utilities would be required in some instances to switch from natural gas and oil to coal. Gas used by industries and utilities would be taxed to the approximate same price as a nate liwls. and industrial utility use of oil would be tat at a flat rate starting at 90cenk barrel in 1979 for industriesai $1.50 a barrel in 1983' utilities. | Natural gas would be pm itrd from use in new boileis.a existing facilities with tbeafe to switch to coal would beforti to make the switch, withli^pfr ited temporary exception New coal-fired plants wo have to install the best av 1 controls on pollution. Government effor F. deu and the and fi coal would Army Corj * This c Dr. E was ir at last in diff made aderal agencies would hi*# ■d to buy 1 uel-efficiontcan federal highway moneyl states may he wit states fail to enforce vigorasl the 55-mile speed limit. Til Department ol Housing an) Urban Development wi effective in 1980 instead old!! _ a set of mandatory fuel consem |A Cali tion standards for new buildinj |s supp deral research into used |nce. to stepped up. Tin I 11 0 ‘ 3 I Kngineers« :|ergy. emphasize new power genet. | Dr D( tion from smaller dain sites 1 econc pdies iversil rsity tl jturnin) leases < jiergy th regi He ca in, esp e Nort tter wi jn Ami neratii lergy p g the ray fro “If we eases merica ifferenc aports, gradun He St baked