The Battalion. (College Station, Tex.) 1893-current, December 02, 1977, Image 3

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    business
THE BATTALION
FRIDAY, DECEMBER 2, 1977
Page 3
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United Press International
AUSTIN — State Comptroller
Bob Bullock Thursday said Texas,
through its low tax burden and other
corporate advantages, offers the na
tion’s most favorable business cli
mate.
Bullock said his brag is substan
tiated by the Fantus Co., an indus
trial relocation consulting firm
which ranks Texas No. 1 among the
states in terms of taxes, laws and
regulations which are attractive to
business.
According to Bullock, only New
Hampshire’s $223 per capita tax
burden is lower than Texas’ $273,
far below that of other major indus
trial states such as Michigan’s $413
and California’s $500. The national
average is $408.
“Texas is the only major state with
neither a corporate nor a personal
income tax,” Bullock said. “And
most of our taxes are either lower
than the national average or the
lowest, period.”
The comptroller said Texas’ 4
percent state sales tax equals the na
tional average, but the state’s sales
tax receipts have grown faster than
any other state — 31 percent in the
past two years, compared to a na
tional average of 17 percent.
“On the other side of the coin,
while most states talk about control
ling government spending, Texans
have done something about it, ” Bul
lock said. “Forty-seven other states
spend more money per capita on
state services than we do in Texas.”
While seven other states lost
565,000 jobs during the recession,
Bullock said, the Texas economy
continued to grow, adding 150,000
jobs. Texas has had no new taxes
since 1971, he said, while 39 other
states had 101 tax increases.
“Texans used to brag about a lot of
things, but this is the best brag of all
— not only because it is true, but
because it really means something,”
Bullock said.
Bullock cited several other rea
sons businesses and industries are
attracted to Texas:
— No corporate tax, which “shows
businesses that the people and
the Legislature of Texas are suppor
tive of business development.”
— No personal income tax, which
can be costly to businessmen.
— Transportation costs in Texas
are among the lowest due in part to
the state’s 5 cent tax per gallon
gasoline and 6.5 cent tax on diesel
fuel.
— The average Texas employer
pays an estimated 90 cents per $100
in wages for unemployment insur
ance, compared to the national av
erage of $2.70 per $100.
— The average state and local
property taxes per capita are $50
below the national average.
United Press International
WASHINGTON — Gifts
headed overseas should be sent
air mail instead of by ship to in
sure arrival by Christmas, says
the Postal Service.
The service said Wednesday it
would begin accepting surface
mail for all nations now that a
dock strike has ended.
But it noted mail shipped by
surface rates will be competing
for space aboard vessels with the
millions of pounds of other com
modities backlogged at U.S.
ports.
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ARTS and CRAFTS
FAIR
BY RUDDER FOUNTAIN
We Carry Wrangler &
Ditto Jeans
Now Open At
111 Boyett St.
(Next to Campus Theatre)
PREREGISTER THIS
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students may call the Student Off-
Campus Information And Referral
Center at 845-1741.
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It takes three hands...
But teeth will do. TAMU senior Patty Hudgens prepares to
mount her vehicle for the ride home. Hudgens is seen often
riding her motorcycle on campus in all types of weather. This
day she was lucky the sun was out and it was a warm day.
Center helps students
ind housing, roommate
Off-campus students who have
lousing but need roommates came
mton the short end at the session for
ff-campus students Wednesday.
There are many students moving
ut of their apartments leaving a lot
if roommates behind, said Debe
IcCandless, student director of the
XF-Campus Information and Refer-
al Center.
“Of the 50 students who were at
ie session there were only about six
/ho needed a place to stay, she said.
On the other hand students who
eed housing have numerous op-
lonsfrom which to choose. They can
love in with a student who has al-
eady leased an apartment or they
an sublease an entire apartment
om a student. The center also has
iformation on other types of hous-
igavailable such as houses, duplexs
nd mobile homes.
McCandless said students also
ave another option: roommate
wapping.
Roommate swapping is good be-
ause it’s less work for the students,
nd managers are usually happy with
since it doesn’t involve someone
ft behind to pay all the rent.
“Even if they think their room-
nate is incompatible there is proba-
lysomeone out there that would get
long with them just fine, ” McCand-
;ss said.
Roommate swap cards can be
Ued out in the center’s office at 106
MCA.
Students who haven’t found a
oommate before the holidays may
(tend another roommate session
icxt semester. The center will open
gain Jan. 3 and another session will
>e held at transfer orientation Jan.
1. Students with housing who need
ofind a roommate or sublease their
lartment are encouraged to attend
is session. For more information
ARTS and CRAFTS
FAIR
BY RUDDER FOUNTAIN
WHY NOT CONSIDER
THEATER ARTS
FOR YOUR ELECTIVE THIS SPRING?
Preregister for these Th.A. courses:
Z75 • acting l
276 • acting 11
281 • theater history
325 • scene design
340 • voice
350 • costume
365 ‘ creative dramatics
366 • children's theater
487 * play analysis
490 • high school production
NEED MORE INFO?
...CALL 845-2621
OR COME BY
308 BIZZELL
A LOT OF
SONY FOR
THE MONEY.
TRINITRON Fll
|l | Hi
'iliul
ALL COURSES ARE AVAILABLE
SUB-SANDWICHES
Free Medium Drink With Each
Sandwich Before & After
Saturday’s Game.
109 Boyett (Next to Campus Theater) 846>8223
/".viysvirvsYiir.v: rf.Yirrsvi
SONY KV-1910D TRINITRON PLUS , t ^
19” SCREEN MEASURED DIAGONALLY. ted Quantlt y Ava »a b| e
SONY KV-1711D TRINITRON PLUS
17” SCREEN MEASURED DIAGONALLY.
SONY KV-1921 TRINITRON PLUS
19” SCREEN MEASURED DIAGONALLY.
$419
AUDIOWOPH
707 Texas Ave. in College Station
846-5719
Hospitality Committee
Presents
Texas A&M Christmas Fair
Friday Dec. 9
10:00 a.m.-1:30 p.m.
and
6:00 p.m.-8:00 p.m.
MSC Banquet room
Area merchants selling gifts for under $20.
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LOU’S BUYING
BOOKS
FOR CASH!
Or Get 20% More
In Trade!
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Mark
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TEXAS
AGGIES
Remember your little brother or sister this
Christmas with an Aggie replica jersey or one
of our other custom T-shirts.
LOUPOT’S BOOKSTORE
Northg ate
Across from
the Post Office
Time stands still at our distillery where we still make Cuervo Gold by hand.
For centuries weVe wound
our clock by hand.
And for centuries weVe
made Cuervo Gold by hand.
At the Cuervo distillery it's almost as if time has stood stili
Our Blue Magueys are nurtured by hand, picked by hand,
and carried to the ovens by hand, as they have been since 1795.
It is this continuing dedication to tradition that makes
Cuervo Gold special. Any way you drink it Cuervo Gold will
bring you back to a time when quality ruled the world.
Cuervo. The Gold standard since 1795.
CUERVO ESPECIAL® TEQUILA. 80 PROOF IMPORTED AND BOTTLED BY © 1977 HEUBLEIN, INC., HARTFORD, CONN.