BUSINESS of Spying for Soviets

r \ ZO - MANCHESTER HERALD, Friday. Aug. 9, 19B5 MANCHESTER I1 FOCUS 11 SPORTS 11 WEATHER Business In Brief BUSINESS Faucher suggests • Retired man recalls Defensive miscues H ot, humid today; Mary Kay salutes Lsko sharing firehous^ life aboard a 6-17 bring Po.st 102 down , clear, cooler tonight ... page 2 Marie Isko o l Manchester was honored ,Iuly,27 as one of the . ’ ... page 10 ' "...page 11 ( ’... page 15 saleswornen for Mary Kay Cosmetics Inc. of Dallas, Texas. Undergrouhd taxes worth billions . ^ . Company founder and chairman. Mary K ay Ash named Isko to the -tinue to mushroom. The whole Director Court oti^personal Sales, tration includes provisions to beef TheIRS,jcould purpose of tax "reform” loses, 'placing her in thevtop I percent of take in a min up enforcement — badly as it is meaning. Marj; Kay's 150,000salespeople.-Isko. imum of $90 bil- needed. Despite'widespread terror Your of the dreaded IRS audit, for An excellent starting"place ^ was owartfad ti’ gold and diamond lion a year would be tax shelters. The very necklace. ■ , more than now instanceT the IjRS examines less Money's than 2 percent of individual tax word "shelters" suggests evasion the honors came at Mary Kay's simply by going _ payer returns. When applied tp taxes. And.it's no' national seminar in Dallas. More into otir under Worth It obviou.s that the IRS needs secret by now that the IRS is than 20.000 women attended the ground econ '-5 and should gel more resources to devoting vast amounts of time and, seminar 'for product a.nd sales omy — and col Sylvia Porter 1 carry out existing law (not to- energy toward investigating abu-; M ■ training, raotivationandrecognition. lecting' what is ’.Sipturday, Aug. 10, 1985 — Sljigte^copy; 25« mention new laws). , ■’ sive shelters. Aftbis moment; a- fvjanchester. Conn- — A City of Village Charm Isko joined Mary Kay .as a beauty owed on legal huge 350,000 shelter returns are: income from For every $1 spent on collection consultant in March 1982. under examination or are pending moonlighting. efforts, the federal government appeal. tips, cash transactions, dividends represents big-time income — but takes in $f0 to $11! . • ■ r Banking Center and the like. By so doing, it would who knows, who counts, who ' As Caplin says, "Cutting corners Another excellent placefon Slash our staggering.defidts. cares? ' ^ . } here is poor economics and bad attack is enforcement. The IRS'iff" / .<.v reports gains It would make if^ntirely possi The point is brilliantly clear: government.". pushing hard for expanded»,en- ble for Congress to cut the tax rates Most of us do report our incomes, And enforcement creates a rip-' forcement capabilities — an effort, pie impact. The presence of more WATERBURY - The Banking imposed on the millions of us who do comply voluntarily with what all honest taxpayers should sup V Center has reported a 213.3 percent report our total incomes and then the Internal Revenue Service says agents will frighten those taxpay port with enthusiasm. Again. I'll ers now tempted to cheat into increase in net income for the first pay what Congress says we owe on we owe —■ and grumble as we are be honest: I resent those who resisting the temptation, into filing six months of 1985. Net income those incomes. It could translate expected to grumble. So far. all in prosper in the underground econ and declaring'all income. Marie Isko reached $4,505,000. acôrdihgto John "tax reform " from a-.meaningless order omy and detest the fact that I pay P. Burke, president and chief execu-. phrase Into real "reform ." It But the underground economy is That leads into another key issue higher taxest than necessary be of spying that fuels the underground econ lk.. tive officer. would gtnway beyond the palaver swelling, and experts believe the cause Of this situation omy; the public perception of The ■ Banking Center iS a mutual savings institution Congress serves up for its breakdown in tax collections is fairness in the system, both in the If the underground economy headquartered in Waterbury with branches in 11 other towns. "Record." increasing at an accelerating This $90 billion estimate doesn't pace. law and how it is etnfdrced. To be continues -its ugly growth, and if U touch the . income from illegal' "W e need enfor^nient of the , honest: Do you believe your compliance continues at,its even Calhoun joins ad agency sources: drug trafficking, gam law," says Mopmner Caplin, colleagues and/or neighbors pay uglier low level, the federal for Soviets / bling, prt)stitution. I'm not bother-, former commissioner of the IRS their fair, share? Ordoyou'suspect government could be pushed to Paige Calhoun of Manchester has joined K eiler Advertising. ing even to estimate the billions and a senior partner of Caplin & that some exploit tax shelters or in ward other ways to raise revenues. V. 9 Bv Pat Scales 0 One that you would hate wou Id be a Farmington., as media coordinator. She will be responsible for this represents because it's unreal- Drysdale, a Washington law firm. various ways manipulate the sys: United Press^ ifernatlonal several Consumer and industrial, i.stic even to think we would tackle "I don't think cutting rates $ilone tern in their own favor? value-added tax which so many;^ othe#countries have adopted. You •accountsj including Phoenix Mutual these problems. Nor does it’ .Sug will be enough to piake people less I'll be honest: Unless the IRS or NORFOLK, - A/Ihur inclined to cheat- We need to Some other agency of the adminis couldn't escape that tax. Life Insurance, SKF Steel, Hamilton gest the legal income represented Walker, variously described as a restore public confidence in the tration turns around your percep And you would look back with Standard, and A M F Cuno. but unreported when oncjjeighbor "sap'■ and someone "who put a fairness of the system. " tion that the system is basically longing to today when yoiv are a Before joining Heiler, Calhoun was suggests he'll paint his neighbor's knife in the back of the United unfair and invites abuse, the relatively free and trusted ;ân account coordinator for Decker, house if the neighbor in turn agrees None of the tax reform proposals States,” was- convicted jn 15 srhiriitlcH •>-" r>(',igan adminis- ■ unHcrground, economy will con- taxpayer. Guertin and Chejfne o f Hartford. She to complete a driveway. This minutes Friday of helping his is a 1983 graduate! of the University of brother pass military secrets to the Connecticut. Soviet Union. Ke{I>r Advertising has billings of U.S. District Judge J. Calvin more than $21 million. Other mOjor Strike-'Plagued company still bitter Clarke swiftly hiyided .down his clients include Citytrust, Sikorsky verdict after the defense and Aircraft, Strathmore Paper Co., and prosecution finished their clo.sing , The company's board of dirCC-; BRIDGEPORT (UPI) - A ten the impasse. Frank Rocco to end the dispute. iirgumehts. ' divisions of Litton Industries, Stan tors planned to meet and consider tative contract settlement has Despite thwipparent settlement, The union and company declined to "The court finds the government ley Works, and Textron. terms of the' contract, jie said. been reached following a two- American Fabrics was bitten disclose^ny terms of the new pact. has proven beyond a reasonable ' month strike at American Fabrics about community reaction to the Picked continued to march in Both the union and company doubt", that Walker entered a Flights begin Co., but the family owned lace firm almost nine-week strike, said the, rain Thursday, but parted were optimistic the tentative-con-' m ^ :k : 'conspij-'acy ahd passed milifary says it might leave the city Harvey Ostrover, chief executive , promptly for cars passing through tract would be approved by both secret^ "with th£'..intent or bqlief on Aug. 15 because of the bitter dispute. officer of the company. the company gate on Connecticut sides. that the inforrhatVqyvould be used A three-year agreement was The firm was made to look like a' ' Avenue. T to injure ttie Unued States or HARTFORD —.Business Express Ostrover, however, remained -ARTHUR WALKER reached early Thursday between "swât shop" and treated like a The strikers had. for weeks advantage'a foreign power — in wilt begin service Aug. l5to Brainard slowed'and halted traffic into the angry over remarks he said were the company and Local 240‘of the "pariah," although it has provided this cii.se Russia. " Clarke'said'in / . switW direct verdict Airport with eight non-stop flights IJnited 'Textile Workers of Am er jobssjn the city, for 76 years and company grounds, moving only on made by city politicahs to the, rendering the vCrdict. daily to Boston and Philadelphia, the orders from police. Several strik strikers. The picket-line speeches- commander, was a confes.sion to Paige Calhoun ica following a 14-hour bargaining sometimes employed three gener Bodies .aie removed and the injured are treated at scene killed in the twisted wreckage of the car, left, which was Walker, the first of four company announced. session at the state Labor Depart ations of family members, he said, ers had been arrested for blocking were inflammatory and only pro ' rfiembers of a long-operating' the F'BI and a sworn statement to a Hartford will be served by the airline's twin-engine Beech 1900 ment in Wethersfield. ' American Fabrics might con trucks driven by non-untjfn drivers longed the dispute, he charged. of a car-bug accident near Soldier Field in Chicago struck by a Chicago Transit Authority bus, injuring 50 family-friend spy ring to (-iice trial, • federal grand jury in which Walker airplanes.

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