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31 THE FORSYTH COUNTY NEWS-AUGUST 17, 1972 -
Questions And A nswers
On Economic Program
This column of questions and
answers on the President’s
Economic Stabilization Pro
gram is provided by the local
pffice of the U.S. Internal Re
venue Service and is published
as a, public service. The col
umn answers questions most
frequently asked about wages
and prices.
Q. Are finance charges ex
empt from price controls?
A. Yes. Finance charges are
exempt from price controls.
Included under exempt charges
are the following: 1) interest,
time price differential, and any
amount payable under a point,
discount, or other system of
additional charges; 2) service
or carrying charges; 3) loan
fees, finder’s fees, or simi
lar charges; and 4) fees for an
investigation or credit report.
Charges for insurance, in
cluding credit life insurance,
are not exempt.
Q. If I complain to the IRS
about a rent increase, may my
landlord evict me in retalia
tion?
A. No. Economic Stabiliza
tion rules forbid any retaliatory
action by a landlord against a
tenant who exercises his rights
under the regulations. In add
ition, a landlord, in his rent
increase notice, must tell you
it is illegal for him to take
retaliatory action and that he
will not do so.
LATE - SUMMER
I sutJ
1
WZa it
WHITE—TEMP MASTER stock n0. 37=152
WASHER $249.95
WHITE-TEMP MASTER stock no. 87-i 6 o
WASHER 209.95
AVOCADO-TEMP MASTER
Washer 249.95
s AVOCADO-TEMP MASTER
(Matching Set)
Dryer 179.95
PHILCO AM/FM STEREO
...299.95
PHILCO AM/FM STEREO 329.95
PHILCO AM/FM STEREO 279.95
ALL AIR CONDITIONERS
10% OFF FROM 6,000 BTU to 28,000 BTU
OTASCO
7 Miles West of Cumming on Hwy. 20 887-3722
PAGE 14
Q. Can my landlord increase
my rent because the city made
a special assessment upon him
for the installation of sidewalks
in my development?
A. Yes. Special assessments,
such as those for the install
ation of sidewalks, sewer lines
and water lines, are now con
sidered allowable cost items
under the rent regulations. This
means that landlords can pass
on to tenants increased assess
ments, just as they can pass on
increased state and local real
estate taxes and state and local
fees, levies and charges for all
municipal services, except for
gas and electricity.
Q. Is a reduction of an em
ployee’s workweek without a
proportionate decrease in pay
considered a pay increase sub
ject to controls?
A. Yes. Such a benefit must
be taken into account in deter
mining the permissible annual
aggregate increase for an app
ropriate employee unit.
Q. How are prices controlled
on the manufacture of leather
goods?
A. On or after June 15, 1972,
a manufacturer who sells a pro
duct for which the cost of
leather constitutes more than
10 percent of the total allowable
costs may not charge more for
that product (1) than he could
have had the cost of leather
not increased since Jan. 1,1971
or (2) since the last price in
crease on the product before
Nov. 13, 1971, whichever is la
ter. To this the manufacturer
may add the dollar amount of
the cost increase of the pro
duct attributable to leather si
nce that last price increase.
If the cost of the product
which is attributable to lea
ther decreases at any time af
ter June 15, 1972, the manu
facturer must reduce the price
of the product accordingly,
Q. Will a retailer’s base
price list tell you if the firm’s
price increases are legal?
A. No. But the base price
list will tell you whether or
not a price has gone up since
the freeze. If it has, the base
price will tell you how much.
If you come across an unus
ually large price increase, ask
the store manager for an ex
planation If his answer doesn’t
convince you that the increase is
legitimate, call the Internal
Revenue Service for informa
tion concerning the procedure to
be followed in filing a complaint.
For more information, write
your IRS district office and ask
for a free copy of Publication
S-3021, "Retail Price Con
trols.”
Allison
To Be
Announcer
DARLINGTON S.C.— Bobby
Allison stock car driver will
become Bobby Allison radio co
mmentator prior to the running
of the Southern 500, Labor Day
at Darlington Raceway.
Allison , defending Southern
500 champion, has entered his
Junior Johnson Coca-Cola spo
nsored Chevrolet in the 23 rd
annual race.
Allison will host a 30-minute
radio show each night of race
week from the Sheraton Motor
Inn in Florence, S.C.“Thiswill
be a great chance for me to
get even with a bunch of annou
ncers,” snickered Allison.
Actually, the show will consi-:
st of Allison talking about things;
he knows best— race drivers:
and the Southern 500. Drivers
F red Lorenzen, Buddy Baker, :
Richard Petty, Donnie Allison*
and Dick Brooks will be guests 1
on the show along with other d
rivers and people connected w
ith racing.
“It’s just a talk show where
we discuss some of the finer
points of racing and talk about'
the activity surrounding the S
outhern 500. Maybe I might be
able to find out some hidden se
crets that will help me during
the race,” Allison said. Anyone
who watched Allison during 1971
race, knows what he can do at
Darlington.
"Just when you think you have
it made, Darlington has a way
of slapping you around. I found
this out in 1969 in the Rebel
400. I had a lap lead with four
laps to go and lost the race.
Last year in the Southern 500
we all were expecting trouble
and I ran the most perfect race
Pve ever run. Winning the Sou
thern made the victory even
more rewarding,” Allison said.
Allison covered the 500 mi
les, considered the toughest on
the NASCAR circuit, in record
time. His speed of 131.398 cli
pped the old record set by R
ichard Petty in 1967, of 130.420.
Allison's entry will give Ch
evrolet a strong one-two punch.
Fred Lorenzen has al ready filed
his entry in a Chevrolet Monte
Carlo, a twin to the car that
Allison will be driving.
"I hope I get a chance to
interview one of those Chevro
let drivers on the radio show
following the race," Allison be
amed, “ got any idea which
one?"
IRS Has
New District
t
Director
ATLANTA—The Internal Re
venue Service announced the
assignment of John W. Hender
son as District Director of the
Atlanta IRS District.
Henderson succeeds Walter
T. Coppinger, who was pro
moted to District Director of
the Dallas IRS District.
The Atlanta IRS District ser
ves all of Georgia. In the fiscal
year ended June 30, 1971, the
district’s individual and cor
porate taxpayers filed 1.6 mil
lion tax returns representing
$2.8 billion in Federal taxes.
A career government offi
cial, Henderson began his IRS
service in 1949 as a Revenue
Officer in Louisville, Ky.
After holding a series of in
creasingly responsible posi
tions in Cincinnati, 0., and
Greensboro, N.C., he was se
lected in 1968 for the IRS ex
ecutive development course.
The IRS Executive Selection
and Development Program is
one in which officials who de
monstrate executive potential
receive specialized training in
preparation for higher level
appointments.
, Im mediately prior to his pre -
sent assignment, Henderson
was District Director of the
Jackson IRS District.
A native of Paris, Tenn.,
Henderson, 47, earned a BS
in Accounting at the University
of Louisville. He also studied
public administration at Syra- :
cuse University. 1
Henderson is married to the
former Irene Hasch. They
have two children.
READ THE NEWS
REGULARLY
Hr*
'**&*.■* ,\ > « w >«' V -
l; Mali
© By W. D. FARMER
This popular two-story plan
allows family activity all on the
first floor, the second floor being
: private, quiet and comfortably
sized.
An L-shape is especially good
for a narrow lot. The wide
separate entry foyer directs
traffic to 'either formal or in
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RUHLV ROOM i 1 lW '' , M
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11111 mia—i —finiinimii
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STORAGE jj G § ““""PORCH 25 , -0"x4 , -6" j
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GARAGE
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COMBINED STONE & VERTICAL SIDING WITH SHED PORCH
MODERN AND RUSTIC RANCH PLAN
formal area or indirectly to
kitchen area if desired. Direct
access to the kitchen is also
through foyer from double
garage.
The family room is large, in
cludes bar area, impressive fire
place and rear access. A first
floor convenience half bath is
central and bonus linen closet
and laundry room are from
garage passage area.
The private kitchen area
allows less noise interference or
interruption in family or living
dining rooms. It includes built
in appliances and breakfast
room is spacious. The living
room and dining room are also
spacious and amply provided
with wall space for funiture
placement.
The open rail stair ito the
second floor, also from foyer,
directs you to four large bed :
rooms and two full baths, i
Closets are plentiful and the
master bed room is oversized, i
A basement plan is available,
■ access being from foyer under
; stairs up.
The rustic exterior style is en
i hanced by wide shed porch, com
bination rock and vertical sid
ing, gable roof and multi-lite
shuttered windows.
The plan is Number 2522 A. It
includes a total living area of
2,548 square feet. For further
information write W. D. Farmer,
P.O. Box 49463, Atlanta, Ga.
30329.