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United Automobile Worker
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1956-11-01
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Vol. 19 No. 11
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—No.
19—No.
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Entered as 2nd Class Matter, Indianapolis, Indiana
EDITORIAL
OFFICE—Detroit,. Mich. 5c per copy
Published Monthly at 2457 E. Washington
St., Indpls. 7, Ind.
NOVEMBER,
:
1956
;
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cairo #8
:
Printed in U.S. A.
» POSTMASTER:
Send
undeliverable copies te
=» 2457 E. Washington St., Indianapolis
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ee
FORA
=
RIS
IS
s
“Missouri Edition
(Turnto Page Six)
=
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Page 16
WORKER
AUTOMOBILE
UNITED
COLD FINANCIAL FACTS
the personal income tax exemption
to at least $800. Here’s why this
one-
and
three
past
the
Ad-—
half years of the Big Business
government
The
Working Folks Got Taxed
more
interest.
That
paying the banks an extra
a 80-year loan for a $5,000
extra $2,160 for a 30-year
$10,000 house.
interest rate on government bonds—
most of them held by banks. This.
meant another half billion a year
much to the tax obligation.
It also means you’re likely paying more in interest (and thus less
on the principal) on your car, your
for them
and
added
that
In turn, this drove up interest
rates. If you’re buying a_ house,
TV set and the rest of your appliances.
High excise taxes and high interest rates are just a means of picking
your pocket—and lining the pockets
e
of the well off.
For a truly prosperous America,
the tax relief must go to the people
means
you’ll be
$1,080 on
house; an
loan on a
windfall
ministration, the big got bigger—
and the people got the business.
Under Eisenhower and Nixon, the
well-heeled got even better heeled
through tax and financial policies
designed to spare the rich and soak
the
raised
also
cent
1956
The Rich Got Tax Relief-
you’ll have trouble even getting a.
burden has gone up while the total
VA or FHA loan. You’re likely to
tax burden of the wealthy has gone
| wind up paying at least one per
down..
.
The ‘‘New America’’ program: of
Adlai and Estes promises to raise
must be:
During
November,
who need the money to buy things—
not to the people who already have
:
more than they need.
the poor.
Eisenhower’s inauguration address
was still echoing. when the GOP got
busy on a new tax law. It is true—
as the GOP «claims—that billions
were trimmed from taxes. -(And as
a result, the national debt has risen
|
from
by more than $12.6 billion.)
Out of each dollar trimmed
the taxes:
Corporations
Middle
and
families
income
got
less than
eeoreerersse
got
cents
..........-73
upper
earning
Families
$5,000
got
bake
cents
9
of
Actually the vast majority
Americans—those making less—have,
been getting an overdose of those
hidden excise taxes. Their total tax
—
n
o
i
t
a
N
g
n
i
c
a
F
s
e
u
of Major Iss
A Summar
D
N
A
T
S
S
E
I
T
R
A
P
E
H
T
W
O
H
THE ISSUES
Social Security
(Amendments
to
flower
retirement age for wom:
en to 62; to grant benefits to
at age
$1
disabled
50.)
Minimum
Wage
Education |
workers
feel
Many
These
there
“that
should be NO age restriction on disability payments to workers," but
Democratic Senators compromised to
get
and
amendments are
. ee
Repu blicans
Democrats
Republicans |
Democrats
Democrats
HOW THE PARTIES VOTED
UNWise
unwanted. —lIke.
6 for, 38 against.
for, 7 against.
41
)
50.
age
at
s
ker
wor
ed
abl
dis
to
ts
efi
ben
S.
S.
nt
gra
to
(Senate vote
~
program.—Sen.
this. minimum
Douglas.
“The Democratic Party is pledged to
ai,
Adl"
— .
raise the minimum wage
in Labor Day speech 1956. (Platform
calls for $1.25 minimum.)
A 90-cent minimum is “the highest”
that could be “economically justi-
"The New Afnerica means... adequate schoolrooms and enough skilled
teachers for every American child.
This will require federal assistance.”
[ke remained silent, refused to urge
GOP Congressmen to vote for schoo!
construction aid.
fied."’"—Ike.
in
tly
mos
out
d
rie
car
was
e
wag
m
imu
min
her
hig
a
t
ins
aga
ht
fig
The GOP's
bill
c
ati
ocr
Dem
the
n
whe
but
;
ure
fig
$1
the
ng
osi
opp
Ike
h
committee, wit
came to a floor vote,
publicly.
119
for,
105
Republicans
many
75
against.
Civil Rights
Natural |
Resources
Labor
Legislation
against.
present personal tax exemption of
$600 to at least $800."—1956 Democratic Party Platform.
(House
“t believe that decision to be right
... (and) accept that decision...
on think it makes no difference whether or not | endorse it.’ —Ike, on
e
Rul
ate
Sen
ing
itt
erm
r—p
ste
ibu
fil
g
hin
lis
abo
of
ter
mat
n
dow
ps
chi
On the
h
wit
ned
joi
rs
ato
Sen
n
ica
ubl
Rep
on,
ati
isl
leg
hts
Rig
il
Civ
all
to
22—the key
for
s
call
rm
tfo
pla
at
ocr
Dem
The
ks.
boo
the
on
rule
the
p
kee
to
Dixiecrats
will
(which)
the
(increasing)
»
.
favor
“We
"We
lem
face no
these
be carried
days
more
out
than
important
that
ing farm income."—Adlai
the
in
of
prob-
restor-
Stevenson.
‘We pledge ... support to a full
and integrated program of development,
protection,
conservation
Platform,
Housing
10 for, 201
193 for,.9 against.
"I see no... reason-for reducing
taxes."“—Ike. This despite a predicted budget surplus and a 1954 GOP
tax cut for ‘the rich.
“sources.
Cost of
Living
amendment
=
manner prescribed by the courts."—
Adlai, on Supreme Court's school
segregation decision, speaking at
Little Rock, Ark.
Farmers
it
against.
n
tio
ega
egr
i-s
ant
ell
Pow
the
ing
lud
inc
,
aid
ool
sch
on
e
vot
(House
—GOP voting with the Dixiecrats.)
—Adlai.
Taxation
119
for,
against
to vote
not dare
did
« «
of
management
all our
» —— 1956
natural
and
re-
Democratic
“We overlook at our peril the current creeping price inflation.’ ——Adlai Stevenson.
We pledge “immediate revival of the
ng
di
vi
ro
(p
m
ra
og
pr
g
in
us
ho
basic
135,000 public housing units annually) enacted by the Democratic
al
on
ti
di
ad
s)
lu
(p
49
19
in
ss
re
ng
Co
r
fo
g
in
us
ho
e
id
ov
pr
to
n
io
at
sl
gi
le
low and middle-income families,’
1956 Democratic Platform.
We must “repeal and replace the
Taft-Hartley Act with a new law
which will strengthen .... free collai in Delective bargaini—ngAd.”
troit,
1956.
©
Supreme
decision.
Court's
school
segregation
vote to raise personal
income tax exemptions by $100.) ©
~
\
the repeal of Rule 22; the GOP
platform ignores this issue.
a
In‘recent speech at Peoria, Ill., tke
again supported flexible price sup-
port system, which
has caused seri|
ous slump in farm income.
" , . Our basic mission is to dispose
of ..... the public domain."—Douglas (Giveaway) McKay, speaking as
Interior Secretary in 1953. (He is
now
running
of Oregon,
Present
against Senator
Administration
has
housing program is.
question of need.”
Administrator AlSenate Committee
Labor Secretary James Mitchell's op-
' position to “right-to-wreck” laws
does “not represent Administration
views. —Ike.
39 against.
:
.)
ity
par
of
t
cen
per
90
at
ts
por
sup
ce
pri
m
far
on
e
vot
(Senate
2
39 for, 8 against.
|
for, 43 against.
(Senate vote on Hells Canyon “high dam.")
=
brought cost of living to an all-time
high, with price index now at I17,
The GOP public
“not based on a
Housing
—GOP
. bert Cole, before
early this year.
6 for,
for, 5 against.
Morse
at Ike's instruction.)
GOP
44
4 for,
25 for, ? against.
(Senate
goes.)
vote
on plan to
make
study
(Senate vote on proposal to provide
on measures
dollar™
and
against.
%
135,000 public housing wnits.)
3 right, 42 wrong.
46 right, 0 wrong.
vote
against.
of “consumer's
7 for, 31
34 for, 7 against.
(Senate
36
to make
Taft-Hartley
law
even
tougher.)
where
it
- Item sets