Page 6/The Battalion/Friday, September 20, 1985
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by Kevin Thomas
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817 University, College Station
846-1861
IGLOO’S HAS MOVED
Package may alter life in U.S.
Economist OKs tax reform
For your convenience Igloo’s has now moved
closer to Texas A&M. Located directly across Uni
versity Drive Texas A&M. Skaggs parking lot next
to IHOP.
is th
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versi
ferer
Cent
Dear
forS
By Cynthia Gay
Staff Writer
President Reagan is pushing for a
tax reform package that will notice
ably shift the tax burden from the
individual to the business sector, a
Merrill Lynch spokesman told a
group of business students Thurs
day.
“Tax reform will have an implica
tion on every part of life,” said Jo
seph Carson, vice president and se
nior economist specializing in tax
reform. “It may change where you
live, what occupation you want to go
into, and will definitely change the
value of your investment.”
Most American taxpayers are con
fused by the present tax system, Car-
son said, but this package is designed
with the hope that two out of three
individuals could prepare their own
tax forms.
“We want a simplified tax struc
ture whereby the common person
could understand it,” he said.
For individuals, tax margins
would be condensed into three grad
uating levels, depending upon per
sonal income: 15, 25, and 35 per
cent, he said. Right now those in the
top tax bracket put out 50 percent of
their income. Deductions on interest
and mortgage payments would also
be eliminated.
“People that don’t own homes and
don’t have a lot of expenses would
be the winners,” Carson said of the
effects of the proposed tax reform.
By condensing the tax brackets, 60
E ercent of Americans would pay
:ss, 10 percent would pay more and
20 percent would experience no
change.
Americans don’t save enough of
their money, Carson added, and this
tax reform would make saving more
attractive, decreasing our depen
dence on foreign capital from such
nations as Japan. ^
TEXAS’ ORIGINAL DRIVE-THRU DAIQUIRI FACTORY
FROZEN COOLERS
-FLAVORS-
The new plan would eliminate de
ductions of state and local taxes, he
said, a prospect that has New York
Gov. Mario Cuomo up in arms and
public school districts concerned.
Texans, who pay no state taxes, will
reap the benefits of owning a smaller
share of the federal tax load.
“The business sector would pay 25
percent more in taxes each year
through 1990,” Carson said, adding
that most of that will come from the
manufacturing sector. Because man
ufacturing industries already are in
financial straits, Carson is concerned
about the effects from this aspect of
reform.
A&M regents will meet Monday
Margarita-Frozen cactus juices from south of the border. Ole!
(ask for salt if desired).
Hurricane-We bring Bourbon Street to Texas.
Mai Tai-Orange. pineapple, lime, etc. —Delicious.
Blue Hawaiian-Pineapple and lemon...think of blue oceans.
Tropical Punch-Too many fruit flavors to name.
Strawberry Daiquiri-Real strawberries.
Peach Daiquiri-Straight from the orchards.
Banana Daiquiri-What else but bananas.
Pineapple Daiquiri-Smooth all the way.
Grape Daiquiri-Bunches and bunches good.
Lemon Daiquiri-Not too tart.
Cherry Daiquiri-Everything but the pits.
Orange Daiquiri-Frozen sunshine.
Raspberry Daiquiri-What can I say — more real fruit.
Pina Colada-Pineapple and coconut-smooth & creamy.
Strawberry Colada-Delicious combination.
Banana Colada-Another delicious combination.
Peach Colada-And another...
Raspberry Colada-And another...
Grape Colada-And another...(rm getting tired of this too.)
Peaches & Creme-A little ice cream makes it smooth.
Strawberries & Creme-Try it. you’ll like it.
Bananas & Creme-The monkies go ape over this one.
Raspberries & Creme-Still more real fruit.
Texa
Foi
By
All drinks are made with real fruit or fruit juices.
By MARYBETH ROHSNER
Staff Writer
The Texas A&M Board of Re
gents will vote Monday on the
amount of money to be allotted for
minority recruiting at the Univer
sity.
In March 1984, the board ap
proved a four-year plan enabling
A&M to offer scholarships and
fellowships to minority students un
der The Texas Plan, a plan for
statewide desegregation in higher
education.
Last year, the board appropriated
$887,270 for recruitment. This
year’s proposed budget allots
$1,339,500 to the fund.
If approved, 73 percent of the
amount will be used for minority un
dergraduate student scholarships
and the remainder will be used for
minority graduate student
fellowships. The scholarships and
fellowships are funded through the
Available University Fund.
The board will take action on sev
eral proposed construction projects.
Included on the agenda are:
• Appropriations for preliminary
sign for Di
bilitation and improvements.
• Appropriations for preliminary
design for the Biochemistry and Bi
ophysics Building.
• Action on bids for the new
Physical Plant Facilities Complex.
SMALL
$2.25
(12 oz.)
MEDIUM
$3.75
(20 oz.)
LARGE
$5.50
(32 oz.)
•AGAL.
$12.00
(Refillable
Thermos)
Refills $9.00
The C
national
freedc
iRights, as
|the 14th /'
While t
lof speech
separate <
[individual
not to tak
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points of \
ENJOY IN MODERATION-PLEASE DON’T DRIVE WHILE INTOXICATED
The board is also scheduled to
make several other appropriations,
including a research grant of
$315,000 from the Available Fund
for faculty in the chemistry depart
ment.
Mon-Thurs
Fri-Sat
Sun
12:00-10:00
12:00-12:00
1:00-10:00
Now open ’til 10 p.m. Sundays
desigr
)uncan Dining Hall reha-
The regents meeting will begin at
2 p.m.
DILLARD’S IS OPEN SUNDAY FROM 12:30 to 5:30
Nave’s
f speech
others to t
lieves that
are facilita
“With t
llhe othen
bid.
There
ole purpi
dom centi
[life.
The Cl
Inational c
iall freedo
[Rights, as
[the 14th /
CLEARANCE!
famous maker
jeans for juniors
19.99
Orig. $25 to $38. Save now on selected fashion and basic styles
by our famous makers. Choose from stonewashed or indigo
cotton denim styles with the Quality and fit vou expect-
Dillard’s
shop Dillard s monday thru Saturday 10-9. Sunday 12:30-5:30: post oak mall, college station
V