THE NOME NUGGET
Published Monday, Wednesday, Friday, by The Nome
Publishing Company, Nome, Alaska.
Telephone Main 114 P. O. Box 518
Subscription Rates Payable In Advance.
Deliverd by carrier in Nome, Little Creek and Sunset
Creek, for $2.00 per month. By mail, postage paid, out
side of Nome and vicinity, $1.50 per month.
Entered in the Post Office in Nome as 2nd Class Matter
MEMBER OF ASSOCIATED PRESS
^ -___ -
How to Deduct
From Income Tax
By Paul Ross
AP Feature Service Writer
Psst! Want to save money on
your income tax?
You'd be surprised what a few
hours of jogging your memory
and brushing up on arithmetic
will do for you. And legitimately,
too. This all comes, every bit of
it, from a source close to the Unit
States government.
Remember the time you
bought a pair of tickets for that
boxing match? And the time you
surprised the wife, and instead of
taking her down to the corner
movie where the admission is on
ly 25 cents, you bought orchestra
seats for that Shakespeare play?
If you’ll just figure, out all the
admissions of more than 40 cents
you paid, you can deduct 10 per
cent of them from your income.
Uncle Sam give us suckers an
even break on donations, too. If
you shelled out for charitable re
ligious and educational institu
tions last year, Uncle Sam won't
laugh in your face if you deduct
as much as 15 percent of your net
income. The only thing is you
have to have proof you gave all
this money if the tax collector
should ask for it, and the object
■of your kindness has to be organ
ized under state law.
You needn’t pay a tax on taxes
—some kinds of taxes, that is.
For instance, you can deduct the
tax on club dues, safe deposit box
es, telephone calls, cablegrams.
And you can deduct your state
income tax, if any, and sales tax
-es And if you are en employer
you can deduct the social secur
ity taxes you pay en your em
-p >yees—but if you're an em
ployee, nothing doing.
Here’s another but: If your
smoke a lot and drink a lot,
you've paid a lot of Federal ex
cise taxes on tobacco and alco
holic beverages —which doesn’t
make any difference at all in the
amount of income tax you owe.
To get back to the brighter
side of things you can deduct i
whatever you paid for a dog li-;
cense and for a driver’s license j
and auto plates and for state tax
es on gasoline.
If you play cagey, there are a ■
lot of things you can deduct. ‘
Stuff like this—real estate taxes!
(provided they aren’t such
things as water taxes or property
inprovement assessments), cus
toms duties, union dues and ass
essments, inteirest paid on that
personal loan you made, and
your gambling losses up to the
amount you won (if you were
taken by the bookies for $1,000
and nicked them back for $100,
you can deduct only $100).
And that isn’t all. If you suf
fered a property loss through
fire, theft, storm or other casual
ties and it can't be shown you
were negligent, you can deduct
the full original purchase price
(less salvage value) or the full
cost of repairs. What’s more if
you’re smart, you’ll deduct the
full amount of the expenses you
ordinarily and necesarily incur
as part of your work (such as
maintaining a car). There’s a rub
in this however, because you
can’t deduct carfeare to the of
fice.
You can ddduct bad debts, too,
but—you have to furnish proof
of indebtedness, proof of a date
on which the debt became bad,;
and proof you tried to collect.
And listen, don’t forget prop
erty depreciation —if you have
any property. Its figured in accord
ance with a set of standards fix
ing the rates of depreciation. But
if you live in the building your
self, no dice.
Of course, tne drawback is
this—that it’s all a matter of per
centage. When you make a $10
deduction, for example, it doesn’t
mean that you pay $10 less in
taxes. Oh, no! It merely means
that you have reduced by $10 the
amount on taxable net income. I
At 4 percent your $10 deduction
will enable you to pay just 40
cents less to Uncle Sam.
But isn’t it a lot of fun figur
ing?
WORKINGS OF TIIE ISMS
—
SOCIAIJSM — You have two
cows. You give your neighbor
one.
COMMUNISM—You have two
cows. The government takes the
cows and gives you the milk.
FACISM—You have two cows.
You keep the cows, give the gov
ernment the milk and the gov
ernment sells part of the milk
back to you.
NEW-DEALISM — You have
two cows. The government shoots
one of the cows, milks the other
one and pours half the milk
down the seweir.
NAZISM—You have two cows.
The government shoots you and
takes the cows.
CAPITALISM—You have two
cows. You sell one of the cows
and buy a bull.
Juneau Attorney Appointed
A'aska Representative Of
The1 Interior Departfent
WASHINGTON —Appointment
of George W. Folta, assistant U.
S. attorney at Juneau as counsel
on Alaska matters in the office
of the Solicitor, Department of
the Interior, was announced by
the department.
The appointfent was made by
S cretary Ickes and becomes ef
fective when Folta has cleared
up matters in his present office,
lie will come to Washington for
jnferehces but return to Alaska
where officials said will be his
headquarters for his new work,
probably locating at Juneau.
The department has felt for
some time, it stated, that a rep
resentative of the solicitor’s office
was needed “in the field’’ to han
d e territorial matters for the de
partment and its sub divisions,
among them the Biological sur
vey, Bureau of fisheries, Bureau
of mines and Land office.
Folta is a native of Braddock,
Pa., and has been in his present
job since 1927. He is 44 years old.
married and has 2 children and
was formerly chief clerk in the;
steamboat inspection service and
also for seme time was secretary
to a former governor of Alaska.
SOURDOUGH STATIONER!
Write to your friends and rela
rives on the ‘Outside’, using Sour
ough Stationery. They’ll get a big
Kick out of it.
Buy them by the bundle, Use
them for starting fires. For Sale
at The Nome Nugget.
I
Pioneer Water Co.
Fresh, Sparkling Spring Water
ALWAYS AT YOUR SERVICE j
_
NELSON AND BULLOCK j
Phone Black 41 or Main 15
T~ O. O. M.
No. 1413
.Meets first and third Mondays
of each month
Odd Fellows Hall, 8 p. m.
Lyons & Orton
Attorneys At Law
Rooms 918-921 Alaska Building !
Seattle, Washington
I’hos. R. Lyons Ira D. Ortor
CHAS. CAVE!
Carrying an Assortment
of Fine Liquors, Win
es, and Beef*.
FRONT ST. NOME.
WATER
PHONE BLACK 7
Or Put the RED Card In
Your Window
Dependable Service When You
Want It and as Long as
You Want It
General Hauling and Transpor
tation At all Times
C. F. FENNEY
you can save -2.00 by paying sis
month': in advance for your sub
jcription to The Nome Nugget.
WIFE WEEPS FOR ACCUSED MATE
I ^ >*
A wild west shooting in the heart of Hollywood, in which John
Tyke, 45, movie cowboy, was killed, reached Us climax when an
other “western” bit player, Jerome Ward, 50, accused of the slaying
was coni routed by his tearful wife. This scene was enacted at Holly
wood police station where Ward was held.
--- ■ ■
'o; — ’.y.'&£52£..\ .mzassw i&z,■*&
■ . C N YO’J SPARE A C U C K ?—No loans was Mary Hayden, dressed as "Serin
. a --V-, • at tiie N V Ait Students League bail; not even to that “suthcrner" -Robert Smith.
i
REVOLT!
I ~
Remember all those pretty pic
tures of Brenda Frazier, the glam
or girl? Well, here’s Miss Frazier
in revolt. This picture, taken at
j a recent night club, shows the
glamorous Brenda distinctly Not
j prcty for the cameraman.
Old Papers For Sale
At Nugget Office
dream theatre
IOO% TALKING PICTURES
MANAGEMENT C.H.CODC «
13- XjqhtJxiSt ytoVtuLKSt&fuyi IkaaJAt iM l/.S-t
ONE SHOW TUESDAY, 7:30 PM Adm. 75? & 25*
“BIG CITY”
with LUISE RAINER—SPENCER TRACY—EDDIE QUILLAN
Life and Love in the Maelstrom of Traffic
and "BIRDS IN LOVE" also “FASCINATING ADVENTURE”
ONE SHOW FRIDAY, 7:30 PM Adm. 55? & 254
“BLONDE TROUBLE”
with ELEANORE WHITNEY—JOHN DOWNS—EI. BRENDEL
It's A Fun For All—Free For All
and "Wild Bill Hickok" No. 9 also “Cheese Nappcrs”—A Cartoon
... fc
Clyde (Tex) Cockburn I
For Representative
Democratic Ticket
“Devoted to the best In
terest of the 2nd Division
and Alaska as a whole.’’
Primary Election
April. 30. 1940. i
—i i iiirn'ag—g—Mp——<
I m ir I IMII MaMMPKMIRHISMH%
Elizabeth M. Cross
FOR REPRESENTATIVE
On The Democratic Ticket
Quarter Century In Alaska
Primary Election April 30, 1940
f .
MOUNTAIN FLOWS LIKE A RIVER_Down
the slopes of the upper Rhone valley comes a landslide of rocks,
mud and shale,*threatening the little village of Saxe, Switzerland,
whose inhabitants fled for their lives. They’d heen betting with
olher neighboring villagers as to whose village would slide the
farthest down the mountain. They won—to their regret.
i