Buffalo Criterion, 1983-03-30

              wn v's largest & only accredited minority newspaper — featuring paid legitimate circulation rochester niagara region vol 58 no 14 wednesday march 30 april 5 1983 u.s postage paid permit no 1314 buffalo new york the buffalo criterion kemp calls interest withholding most unpopular tax in history washington d c — 8 congressman jack kemp has called for repeal of the 10 percent withholding tax on interest and dividends calling it rightly one of the most unpopular taxes in our history it would be unfair to place such a burden on millions of taxpayers legislation providing for repeal is now before the ways and means committee kemp signed a discharge petition for hr 500 introduced by congressman norman d'amours d nh to bring the repeal legislation to the floor of the house for a vote it is clear that a large bipartisan majority of members know the withhold ing requirement is a bad unfair law and want to repeal it it also seems clear that the public outrage will redouble after july ist when withholding takes effect it is time to put the people's well-being above grasping governmental finance and repeal this heavy new tax burden kemp said last summer the senate finance committee's tax increase included a provision to withhold interest and dividend income a majority of the house of representatives and nearly a third of the senate are co-sponsoring bills to repeal the new tax one of the chief reasons i helped lead the fight against the 1982 tax increase was the inclusion of the withholding tax i opposed it when president carter sent it to the congress and i opposed it in 1982 when the senate republicans proposed it it is an assault on the income of working americans kemp said 1 believe this measure is inherently unfair to law-abiding taxpayers kemp said the fact is that user is 97 percent compliance on dividends and interest income according to an official 1981 irs study the revenue pickup would not come from tax evaders but from honest taxpayers just two years ago the house of representatives overwhelmingly defeat ed a withholding provision by a vote of 401-4 reflecting the american public's view that this tax is unfair but the senate finance committee rejected the public's support for fair tax laws and included this new burden in its tax reform package last summer kemp said kemp said this proposal would entail a heavy paper work burden for taxpayers and impose high administra tive costs on their financial institutions there are over 60 million taxpayers who have dividend or interest income and over 50,000 banks savings and loans credit unions and other financial organizations that would have to implement the withholding system the start-up and administrative costs alone are 2 billion a year a tragically high price to pay just as our weak economy is lifting itself out of recesson kemp said this new tax burden discourages incentives to save and invest — two of the most important elements for economic recovery kemp said as the republican platform in 1980 said they withholding provisions would literally rob the saver of the benefits of interest compounded and automatic dividend reinvestment programs rep jack kemp starosciak to run stating that she is committed to continued public service to the people of erie county erie county clerk gene vieve m starosciak has announced that she will ' seek re-election to a fourth i vernx_j*-.i3er,i * m ■ starosciak made her an i itjlcffffffrf m a state ment released by her office i have been very honored to have been considered for and offered appointments to positions of great responsibility in new york state govern ment lam grateful to governor cuomo tor his faith in my abilities governor cuomo is assemblying a tine team and i trust that he will become one of the finest governors in the history of the state i wish him all possible success after considering the offers of appointments however iha concluded that i would prefer to remain at home in erie county and to seek another term as clerk i enjoy the challenge of elective office and the opportunity to spend time meeting frequently with the people for whom i work with the assistance of a dedicated staff the erie county clerk's office is operating smoothly and efficiently the county has brought its auto bureau services directly to the public the record-keep ing functions of the office are widely applauded 1 am proud of my record as erie county clerk and 1 look forward to this year's campaign because of the specula tion which has gone on about the possibility of me accepting a state appoint ment 1 felt it necessary that 1 make my intentions known at this time i am therefore an nouncing my candidacy for re-election to the office of erie county clerk i will seek the endorsements of democratic and conserva tive parties and will actively campaign to retain the office which 1 have had the privilege to occupy for the past eight years ebony gents elect new officers last week's criterion featured the ten cents social club at a recent affair at the golden nuggett inn on fillmore avenue since then they have elected new officers they are bro richard daniels president bro manning vice president bro sumner secretary and bro john odgen treasurer the club will be giving various affairs around the city in the coming months shown in the photo from left are bro king bro nance bro manning v pres bro foster diane gibson bro sumner secy bro false bro john odgen treas and bro richard daniels pres — criterion photo minority coalition to meet the minority coalition inc will have a pre-eas ter breakfast meeting sat april 2nd at 10 a.m at school 47 400 pratt st the 50-50 split club will make a report everyone is welcome cuomo proclaims private property week april 10-1 6 albany — governor mario m cuomo has proclaimed april 10-16 as private property week in new york state private property week is an annual observance spon sored by the new york state association of real tors and realtors nation wide this year's private pro perty week theme is the strength of a nation lies in the home of its people the theme a quote by abraham lin coln reflects realtors ef forts to increase public miami bank has its 1st black head wright led in acquisition 14 million in assets miami — businessman sonny wright has become the first black person to control a bank in miami florida he led a group of investors in acquiring the peoples national bank of commerce wright a real estate broker had been working for more than a year to acquire the bank at nw 79 st and 33rd avenue the banks has assets of 14 million and deposits of 12 million although one of wright's objectives is to help minority business people obtain funds he maintains that the bank will be a full-service one our policy would be that we would be a truly equal opportunity lend er said wright it is not our intention to be a liberty city bank we hope to participate in the mainstream of dade coun ty banking other major investors are city national bank corp first american lending corp joe rob bie owner of the miami dolphins roscoe todd a liberty city businessman and tropical resources inc of miami peoples national bank of commerce has thirty two employees and its primary coverage area is liberty city and the northwest area of miami the bank whose presi dent is charles a john son is open from monday through thursday from 9 a.m to 2 p.m on fridays it is open from 9 a.m to 6 p.m it also has a drive-in service begin ning at 7:30 a.m every day the bank's phone number is 696-0700 columnist sees grave danger ahead ■ columnist mark o'ri ley of the buffalo cri terion newspaper stated i in * rmemett imt*ivimmi tmmt until danger aim unques tionable disaster lies ahead for black america with this nation's present military time table america has waged a mighty verbal battle with the soviet union before and since the second world war stated mr riley however no russians have been de stroyed in this constant heated exchange asians arabians south ameri cans north american blacks other minorities and poor whites have paid a bitter price for our on going hate russia campaign having lost power in cuba iran viet nam south america and other areas of exploitation around the now white world this system has reached a possible point of ■*" i^tfpf^ft „.. » mmtjl .. j~..^.j .. first millions of the black military many who were forced to join the armed forces because capitalistic america could find no place for them in this large economic scheme of things realizing that this huge military expenditure can not continue for ever then the destruction of unwant ed millions of now whites at home and abroad seems without question the order of the day unless black leadership from all areas view this immediate danger and very possible slaughter and take immediate action to stay this bloody hand the hour is late the facts are plain for all to comprehend pastor's aid of friendship plans luncheon the pastor's aid of the friendship church 402 clinton st is sponsoring a luncheon at the home of mrs m garrett 188 parkridge aye friday april 15th from 7 p.m until the donation is only 3.00 come out and enjoy a delicious meal and eat all you want mrs garrett is chair man mrs j shank president and rev a charles ware pastor soroity celebrated week of black history fashion show held the lota phi lambda sorority inc beta phi chapter recently observed black history week at metropolitan united methodist church 657 best st mistress of ceremonies was soror margie mccarlej the guest spearker was dr monroe fordham professor of history at suny university college at buffalo soror delores cotton-berry is president chairpersons were sorors doris goggins and winona kirkland honorees were rev and mrs eugene matthews pastor and first lady of metropolitan united methodist church a fashion show was also presented by bill and enid cooper proprietors of bora sana boutique the first photo shows the committee members and the honorees from left dorothy cook president delores cotton-berry rev and mrs matthews and dr fordham others shown in the photo are dora lindsey esther rudolph cordelle king margie mccarley millie barbour doris goggins winona kirkland and m louise steward who made the closing remarks on the program she is also national dean of pledges the second photo shows the fashion show participants shown from left are faye livingston sharon kirkland cynthia kirkland angela green desi miller and mrs enid cooper remarks were made by the matthews and soror m louise stewart national dean of pledges refreshments followed the program property see page 31 1923 1983 criterion press and still the no 1 wny central cities largest press our office has been open every week of every year since our existence serving our communities you've just gotta sign up lor a copy of the buffalo criterion every week — for only 20 national 25 upstate new york's oldest and largest minority press — the only wny minority paper that is registered as a bona fide newspaper under the march 3 1879 act of congress — regulating newspapers