Lancaster farming. (Lancaster, Pa., etc.) 1955-current, April 29, 1972, Image 27

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    McCUUOCH!
WORLD'S LIGHTEST CHAIM SAWS
AT THE WORLD'S LIGHTEST PRICES
ALL UNDER $775.00
ft- jj»
MINI-MAC «
14.95
With facto nr
inttalled 12"
bar and chain
27190-091
World's lightest chain Mhr / weighs World’s lightest chain saw with au
only 6% lbs. / Master-grip handle tomatlc bar and chain oiling, weighs
lor one-hand control / powerful en- only 814 lbs / all the features of
gins outperforms many saws at the Mlnl-Mac 8 plus: comfort grip
twice the weight. handles / more cutting capacity.
NEW
COWER MAC «
AUTOMATIC
*159”
With factory
installed 14"
bar and chain
27852-09*
a-' -
MAC 10-10
*159”
With factory
installed 14"
bar and chain
27(51-098
Givu you professional cutting pow
er at an economy price / rugged 55
cc engine / lightweight (11% lbs )
design / fast starting all-weather
ignition
CENTRAL TRACTOR PARTS
1590 Manheim Pike
Lancaster, Pa.
BLUE BALL
NATIONAL BANK
Carefree Banking...
Avoid the rush, lines, wait. Bank
by mail for convenience and ease.
It’s great for checking and savings
accounts, loan payments. Only one
of our many services.
BLUE BALI NATIONAL BANK
BLUE BALL
354-5163
Mon. thru Wed. 9:00a.m. 3:00p.m.
Thurs & Friday 9:00a.m. 6:30p.m.
Drive in & Walk up Window Service
Saturday 8:00a.m. 11:00a.m.
Features automatic bar
and chain oiling / more
cutting capacity / dual
rubber hand grips / antl
snag brace.
AUTOMATIC
MAC 10-10
*174”
With factory
iiutalltd It"
bar and chain
27853-09 S
Same extra power features as MAC
10-10 plus /automatic bar and chain
oiling for less wsar, more economy.
Ph. 717-569-0111
Via the Mail
A study by the USDA indicates
a primary incentive for a non
farmer to invest in beef herds
through a livestock managment
firm lies in special provisions of
the Federal tax laws. The study
did not cover nonfarm investors
who may invest in beef herds
other than through livestock
managment firms.
The USDA’s economic
research service study showed
limited incentives for investment
by nonfarmers without these
provisions and then only if the
investors are at or above the 50
per cent income tax level.
The study conducted on a
computer model compared the
advantages of investment with
and without the special tax
provisions of capital gains, net
operating loss carryover, income
averaging, and offsetting non
farm incomes with farm losses.
Researchers also looked into how
these provisions affected farmer
investors.
MINI-MAC *
AUTOMATIC
*129.95
With factory
installed 14"
bar and chain
27*51-098
For study purposes, it was
assumed that a nonfanner’s only
farm assets were the cattle which
were handled by a professional
managment firm. He was
TERRE HILL
445-6741
8;00a.m. 2:00p.m.
8:00a.m. 2:00p.m.
5:00p.m. 7:00p.m.
Drive in & Walk up Window Service
Saturday 8:00a.m. 11:00a.m.
Mon. thru Wed.
Thurs. & Friday
Tax Law Incentives
Herd Investments
Lancaster Farming, Saturday, April 29,1972
assumed to have considerable
off-farm income, and that his
farm losses exceeded farm gains
becuase of the expenses of the
management firm and other
factors.
Under these assumptions, and
taking advantage of all tax
breaks, total net benefits to the
nonfarmer over 15-year period
ranged from minus $47,000 at the
32 per cent tax rate to minus
$5,000 at 50 per cent, and plus
$27,000 at 70 per cent. Changing
cattle prices and other incomes
and costs would alter these
estimates.
Under the conditions specified
in the economic model, losses in
tax revenue to the Treasury for
WHITE WASHING
with
DAIRY WHITE
• DRIES WHITE
• DOES NOT RUB OFF
• NO WET FLOORS
• IS COMPATIBLE WITH DISINFECTANT
MAYNARD L. BEITZEL
Witmer, Pa. 392-7227
Plant Pioneer
3571
Most outstonding yielder in
its maturity.
Excellent combiner.
3306
Top yield©r of quality corn
3369 A
Frequently 10 to 20 bushels
per acre better than other co ns.
Sold by your Pioneer man
J CORN, SORGHUM, ALFALFA
Pioneer is a brand name; numbers identify varieties.
<*Reg trademark of Pioneer Hi-Bred International, Inc.
Des Moines, lowa, U.S.A.
for Beef
Studied
the 15 years ran from $87,000 to
$132,000 to $175,000 per taxpayer
depending upon the tax bracket.
A copy of “Farm and Nonfarm
Investment in Commercial Beef
Breeding Herds: Incentives and
Consequences of the Tax Law,”
ERS-497, is available free on
postcard (please include zipcode)
or telephone (388-7255) request
from the Division of Information,
Office of Management Services,
U. S. Department of Agriculture,
Washington, D. C 20250.
Tame hay, Canada’s biggest
field crop, occupied more acres
during 1970 then the combined
acreage of rye, flaxseed,
soybeans, potatoes, mustard seed
and corn and oats for grain.
"Leader"
PIONEER,
BRAND
27