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16 Press-Republican—Monday, August 13,1984 Candidate Ferraro to reveal her finances, not husband's ByD'VERACOHN WASHINGTON (UPI) ^ Democratic vice presidential nominee Geraldine Ferraro said Sunday her financial disclosure will not include her husband's tax returns because he thinks it would hurt his real estate business, \If you're married to an Italian man/' Ferraro said jok- ingly, \you know what it's like.\ Ferraro made the comments during a brief news conference at Washington's National Airport after flying in from New York, where she had spent the weekend. She also charged President Reagan has not cleared up the tax i^sue satisfactorily. After a rally with campaign workers at Mt. Vernon College, she flew to California for her first campaign trip without presiden- tial nominee Walter Mondale. Ferraro confirmed a Washington Post report she told Texas Democrats during a clos- ed meeting last week she would \get even\ with people question- ing her failure so far to disclose her husband's business dealings, but said she was only joking. \Not everyone appreciates my sense of humor,\ she said. \I jok- ed—I said I don't get mad. I get even.\ Ferraro said she will release all of her tax returns beginning with 1979, the year she entered Congress, because \I want the American public to be fully con- vinced I did not use my office as a congresswoman for personal gain.\ But she said her \full financial disclosure\ by next Monday will not include tax returns filed by her husband, real estate ex- ecutive John Zaccaro. Ferraro has not inducted her husband's financial dealings on the disclosure forms she is re : quired to file as a member of Congress, claiming an exemp- tion under the rules for lawmakers with no knowledge of or financial interest iiva spouse's business dealings. \My husband feels his business interests would be affected by release of his tax return,\ she said Sunday. \He said: Gerry, I won't tell you how to run the country. Don't tell me how to run my business.\' In 1978, in her first race for Congress, her campaign receiv- ed about $130,000 in money from her family, including $110,000 in loans from her husband. The campaign agreed to pay $740 in fines for civil violations of the election laws because of the loans. Ferraro said she thought Republicans were raising the issue of her financial disclosure because \they're vulnerable. They're attempting to go into an area they think I'm vulnerable in. Let's see when the financial disclosure statement is releas- ed.\ The three-term con- gresswoman from Queens said Reagan has not satisfactorily answered questions about whether he would raise taxes in a second term in office. Mondale has said a tax in- crease is inevitable, and Reagan is deceiving the public by not saying so. Reagan has said several times he has no plans to raise personal income taxes, although he said he Is looking at ways to make the tax collecting system more efficient. But Democrats point to a state- ment by Vice President Geroge Bush, who said Monday, \Any president would keep his options open. Conditions can dramatical* ly change one way or the other.\ \By saying be is not going to raise taxes and having other peo- ple — like Vice President Bush — indicating other options are open, he has not put the issue behind him,\ she said. Reagan himself tried to quell the tax issue in a statement Sun- day saying tax hikes would be a \last resort\ to\ hold down ballooning deficits. Ferrarp's schedule calls for appearances in California from Sacramento to San Diego follow- ed by events in Oregon and Washington state. She is to return to Washington Thursday. ON 'Save up to $2.00 • 15C with this coupon for Wefch's Grape Jelly at Jam • # $1.85 - one coupon for Free Bread (value up to 85$) and four 25C coupons for any size Jif PLEASE NOTE THESE ADOITIONAL TERMS 1 OFFER GOOD ONLY IN U.S.A. 2. 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POIBox 7777 Mt Prospect H. 60056-7777 42706 | 337542 ] STORE COUPON aims to build a platform By CLAY F.RICHARDS UPI Political Writer DALLAS (UPI) - The Republicans go public with their tax increase or no tax increase battle today as they hold a day kmg marathon of platform com- mittee hearings one week before the GOP convention opens. The hearings were supposed to be window dressing before those closely guarding President Reagan's interests unveiled the document. While the platform for the most part will say exactly what Reagan wants it to say, con- troversy has erupted over the tax increase problems. Rep. Jack Kemp of New York is leading a fight for language that would absolutely rule out any tax increase of any kind. Sen. Robert Dole of Kansas, chairman of the Senate Fiance Committee, wants a loophole Republicans can crawl through if skyrocketing deficits play such HflVOT 1111* *!** ^^AtiAmv thAr< no alternative to higher taxes. The Baltimore Sun reported Sunday it all may come down to a comma. The loophole language drafted in Washington concludes \We therefore oppose any at- tempts to increase taxes which would harm the recovery and reverse the trend toward restor- ing control of the economy to in- dividual Americans.\ That appears to be opposition to only certain tax increases. The conservatives want to put a com- ma after \taxes which would oppose any tax hikes. One conservative leading the tax fight, Rep. Phil Gramm of Texas, is ready to compromise. \We're making real progress in the adoption of a strong per- form.\ Graham told the Dallas Morning News. \But the presi^ dent cannot come out and say 'under no circumstances can I accept any kind of (tax) com- promise.\ Seeking to head off a floor fight over taxes. Reagan issued a statement in California Sunday saying he would use higher taxes only as \a last retort\ to reduce huge federal budget deficits. \I have no plan to raise taxes nor will I allow any plan for a tax increase/' Reagan said. \My op- ponent has spent Ins political life supporting mare taxes and more spending. For him. raising taxes is a first resort. For me it is at last retort.\ \After —• and only after — wasteful government spending bar been reduced to its absolute minimum would I consider rais- ing taxes to eliminate any gap between rrreous and expen- diture* .* f he added. Democratic presidential can- didate Walter Moodaie seized the initiative oo the tax hike issue at his party's convention last month* saying he would raise taxes if elected and Reagan would have to do the same to ckme the deficit gap. He sa»d Reagan had a \teem plan be would unwed in December New Ybrk Telephone. Phone calls are a fast, efficient way to do business, contact friends and relatives, and call for help in times of emergency. And New \brkers trust New York Telephone to provide the high-quality, dependable service that has become a part of their lives. It's a trust that we've been earning for almost a century ever since we installed New York's original phone lines. Its been a century of constant improvements and expansions. A century in which we've grown to meet your high expectations in telephone service. New \briclblcphone provides Just pick upLthe phone and listen to _ the dial tone. That s us at work. And we work well—handling over 92 million calls every day That's 92 million times a day New \brkers relv on us. and 92 million times a day that we're there for you. And we're there with the most dedi- cated, experienced employees in the busi- ness: we're there with the newest, most advanced digital and fiber optics technology: and we're there prov iding you with the best possible service at the lowest possible rates. You can depend on us to keep your telephone service the best anywhere. Because just like you. we have high expec- tations. After all. we're New Yorkers, too. New \t>rk Telephone Company By STEVE Staff W Northern Clir CHAMPLAIN $191,722 increase Northeastern C School $7 mil! budget, plus pro for an additional raised by taxes. That increase i money to be raise perty taxes — I last year's budg $2,288,862 unde $7,095,028 auster $151,358 in prop total of $7,246.38« increase in the ta $2.43 per $1,000 of Revenues ha substantially froi The basic form increased fron $1738,541 to $3,81 year's austerity 1 $151,797. following suit, gone from $169,76 textbook aid has proposed $7.1 voters turned do the best availabl time, ranged fr< per $1,000. Under last ye budget, school ranged from se cents per $1,0 value. Here, using 1 rently available million austerii will increase Altona, up $1.( assessed value; 48 cents per $1 value; Chazy, $1,000 of asses Mooers, up $ assessed value. Here is how seven propos $151,358, alone rates: Altona, $ assessed vali $1.15; Chazy, $1 $1.20. Here is how the austerity seven propositi tax rates: Alton vf assessed va $1.63; Chazy, $ $2.23. Now, here's rate was proje from $16.36 to per $1,000. It e per $1,000. Thii proposed $7.1 n was rejected b the tax rate w; crease from $1 $19.69 or ($2.33 with the $7 budget plus pn rate will incra $19.70, up $2.34. • Chazy — ] rate was proj from $16.64 to per $1,000. It c per $1,000. Thi rejected budge expected to in< per 11,000 tot $1,000). Now. budget plliS pT rate will incre $20.17, up $2.26 • Mooers — rate was proj from $14.79 to per SI.000. It • per $1,000. Tl jected budget pected to inc per $1,000 to J $1,000). Now, budget plus pi rate wiU incre $18.17, up $2.23 • Champiaii tax rate was crease from $ cents per $1,0 $15.74 per SI, jected budget pected to inc per $1,000 to J $1.010). Now. budget phis pi rate will men 17.37. upSl.tt.
