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page 6
Wednesday, January 23, 1980
daily nebraskan
Tax Mil fails to wiin approval
Business heads
By Gordon Johnson
An amended bill that would have removed sales tax
from food sold in grocery stores failed to receive approval
Tuesday for the second time in the 86th Legislature by a
vote of 19-23.
Omaha Sen. David Newell, the bill's sponsor, attributed
defeat of the bill last year to intensive lobbying by Gov.
Charles Thone who favors raising the food sales tax credit
from $20 to $26.
An amendment attached to LB 16 Monday allowed for
a delay in the implementation of the tax repeal until July
1 , 1983. The amendment's purpose was to allow local and
state governments a chance to find alternate sources of
revenue. -
Debate on the bill was delayed Monday because the
voting machine was inoperable. As a result debate on
LB 16 carried over to the Tuesday session.
Newell said Monday that a sales tax on food hurts the'
poor more than the rich.
"This (LB 16) would be an attempt to do away with
the most regressive taxes in history," Newell said.
Allowing a food tax credit of $26 will not benefit the
poor because so many of them neglect to file state income
tax forms, he said.
"The reason we haven't been able to pass it (LB 16) is
because it is for the poor and those in need," Newell
charged. .
, Omaha Mayor Al Veys said that a repeal of sales taxes
on food would cost Omaha $6 million annually. Newell
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however said the figure was closer to $4 million. . '
According to figures released by Newell, the state
brings in $55 million each year in sales taxes on food and
Lincoln makes almost $2 million a year.
However, Newell pointed out that the state could lose
$26 million in revenue after the food sales tax credit is
deducted from the total food sales tax receipts.
Omaha Sen. Ernie Chambers said he would support the
bill, but' that this version of the bill does not go far
enough because it would repeal taxes on food sold for off
premise consumption and not all food.
"If food is essential for life.no food sales tax should
. exist "Chambers said..
Many say that a few pennies here and there doesn't
matter, but the few cents does matter to the poor,
Chambers asserted.
Sen. Bernice Labedz of Omaha said she did no't like the
idea of repealing the food sales tax because it may have to
be made up with higher property taxes.
Omaha Sen. Patrick Venditte complained that the loss
of revenue caused by a sales tax repeal would cause a large
worker layoff in Omaha.
Sen. Vard Johnson of Omaha also stood in support of
Newell'sbill.
' "I firmly believe that to tax food is to use food as a
weapon against-your people," Johnson said. "Food is
being seen as a weapon against our poor people, our hurt
. ing people."
Under legislative rules, Newell has one more chance to
bring the bill up for consideration on general file.
Graduates must
,
fill out applications
UNL students who are planning to receive their degrees
. this semester must fill out a graduate application by Feb.
. 8. : ' " 1 A
- The applications are used to place graduating students
on the degree list and to order diplomas.- . ; ,: ,
According to Shirley Thomsen, assistant director of
Registration and Records, even though it may appear a
student has enough requirements for graduation, the uni
versity cannot assume a student will graduate.
Graduate applications can be picked up at the informa
tion window in the Administration Building.
B-
Week
guests
The UNL campus will host several top names in
the business world Feb. 4 and 5 when the College of
Business holds its fifth annual B-Week.
- '
Earle B. Barnes, chairman of the board of Dow
Chemical and Lewis Lehr,. vice chairman and chief
executive officer of the 3-M Corporation will be
keynote speakers, according to Rick Dunagan,
student chairman of B-Week.
Paul Stefanik, a retired market executive of
Mobil Oil also will be speaking. -
B-Week is a two-day forum featuring businesses '
and is designed to give students and faculty an
opportunity to interact with the business communi
ty, Dunagan said.
B-Week will contain two parts.
The first features business representatives who
will set up booths on the main floor lounge in the
Nebraska Union. , .
The booths, will be open from 10:45 to noon,
1:30 to 5 pjn.and 6:30 to 8 pjn. on Monday, and
10 to noon and 1:30 to 5 pjn. on Tuesday.
The second phase concerns the guest speakers. '
- Barnes will hold a question and answer session
Monday from 2-3 pjn. on the third floor lounge of
the CBA Building. Stefanik also will hold a question
and answer session as well as lecture on the energy
crisis on Monday from 12:30 to 2:30 pjn. in the
Union Ballroom..,
Lehr will give a talk from 9:30 to 10:45 am.
Tuesday in the CBA Auditorium. He will speak on
the "Global Role of Multi-National Companies."
Barnes recieved his master's from ;NU in 1940,
and Lehr received his bachelor's degree in chemistry
fromNU. v . v v
, "When he (Lehr) started with 3M in the late
... 1940s, they were , making one-hundred million
dollars a year. Now they're making' $100 million a
week," said Dunagan.'
WAITED
Ladies and Ian
for
Annual Budweiser Midwest
Amateur 8-Ball
Pool Tournament
sponsored by:
,. Suito 9 Lourtgo
The GRAND WINNER will represent us
in Omaha at the Play-offs in April.
Prizes awarded weekly!
LADIES ONLY
Tournaments every Thursday - 7:30 pm
Men's Tournaments
Every Mon - 7:30 pm Every Thur - 8:30 am
($2 entry fee for men)
Everyday - Feature Beer Special - Only 55
ufce D Lounge
"Our only Entertainment is Fun!"
Belmont Shopping Plaza 11th and Comhusker
and Co-Sponsors
invite you to attend their
O&ridai
4
orum
on Tuesday the 29th
of January
nineteen hundred and eighty
at seven o'clock in the evening
Pershing Auditorium
LINCOLN, NEBRASKA
Pick up your KFOR Bridal Forum Invitations at;
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