The

Weanesfla

South Jersey Statehood

Old Precedent, Continuing Need

, , I>*H« Ward A DKUCATE buttrrflv pauses lo sample (he nectar from a flower on a balmy, late summer afternoon. A Message From Nature There is a natural ambivalence associated with the changing of the seasons, and nowhere is it more obvious than at the seashore at the end of summer As another summer comes to a close, we are soiry to see our summertime acquaintances leave, for we have formed some lasting friendships and gained new insights. At the same time, we can hardly wait to see the throngs depart Nobody likes standing still for long. . ' With occasional relapses, the sunimerlong heat wave has, suddenly it seems, given way to cool, crisp nights of autumn-like weather. The yellow-greens of early summer foliage are now darkened by age and on the verge of bursting forth with a final colorful vigor before adding to the starkness of winter. Year-end sales are in the works as merchants, perhaps* unknowingly mimicking nature, also gear up tq get what’s left out of their systems; to clear the decks for a needed build-up of vitality for next spring. The fish and birds are into their fell migrations, once again doing what they've done from time immemorial. The comparison to the vacationer's homeward trek is obvious. Soon, those who arc fortunate enough to make the Cape home, or at least their fall vacation spot, will witness the invasion of the migrating monarch butterflies! Thousands upon thousands will pause here in their incredible journey to Central America. The end of summer/beginning of fall is the most enjoyable time here. With summer’s frenzy behind, the natural beauty can be personally enjoyed as we attempt to understand the mysteries of the universe through yet another transition of the seasons Like the ebb and flow of the tide, the seasonal transition is always moving and in its movement provides a constant change for growth, consistency for maturity. It’s part of nature's message> — ~t— > P.O.BstO AvwlM, NJMttl Jobn H. Andrus II £dltor William J. Adams ' Advdrf/ifny Director Darrell Kopp Publllh^r Ptoaa W UU lor New, or A*,or,l,ln« Information Df AD1INIS * MamA Photo, Thurtdoy AArerOOna FrlAoy . > p.m. OamlMaA AArarllilnp MonAay . Noon

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by J.A. Ounnbigh*in Many may remember that the Cape May CmuitxHerald was one of the first newspapers to consider the pr9|pect of a State of South Jersey and a number of years ago dfvoted the front page to- the story. Since that time, arrogant bureaucrats and government officials (most of whom have never strayed into the 'wilds’ of South Jersey) have proposed laws, rules and regulations which are not only indifferent to the needs of South Jerseyans, but are often dangerous to the health and welfare of our citizens. The incidents are too numerous to list, but a few bear

mentioning.

THERE WAS THE EFFORT to close down maternity wards in hospitafo with less than a certain number of deliveries a year This may be a sensible program in cities with a number) of hospitals within a few miles of each .other, but was an outrageous suggestion in South Jersey where some counties have only one hospital. Municipal governments (and their taxpayers) are burdened with regulations which may be necessary in highly populated urban areas, but are expensive liabilities in South Jersey. The North Jersey legislators always have another project affecting South Jersey in the works: The Pine lands Act... Dune ’Conservation’ Act.. Superagency to control Atlantic City and its surroundings ... and now a plan to have all property taxes go directly to the state. ' GOING BY PAST PERFORMANCES, you can imagine how much of that money would return to South Jersey? The tourist industry (most of which is based in South Jersey) is New Jersey’s second largest money-maker. Yet the state spends less on promoting it thian do many cities in other states. South Jersey counties have never been able to force the state to produce a county by county breakdown of sales tax receipts. In our computercontrolled existence, such a denial is laughable. While the state greedily eyes our land and our tax

money, it turns its back and drap Its feet when it comet to spending money in South Jersey. Our problems have a very low priority in Trenton. 18 IT ANY WONDER THAT many South Jersey municipal official and citizens are crying out in rnge and indignation? The crux of the matter is that South Jersey is underrepresented in our legislature. Our forefathers who set up bi-cameral legislatures knew what they were doing. One house (as the U.S. Congress does it), is selected on the basis of population. The other, by state or county, each having equal votes. They knew, as we do, that states or counties with smaller populations have the right to have an equal voice in decisions affecting their areas and that without that right, they are always at the mercy of the whims of the majority. When a number of years ago, the system was changed (but not in the U.S, Congress), a great disservice .was done. New Jersey has 40 State Senators, and 00 Assemblymen, yet it is entirely possible that some counties have not one legislator from their county. At ‘he present time, one senator happens to live in Cape May County, but in future years this might not be true. NOT ONLY IS SOUTH JERSEY under represented in the legislature, it has few, if any, members in the departments of the state which control our very existence. Historically, New Jersey was originally two states — West Jersey and East Jersey — whose ai'eas were approximately those of the proposed state of South Jersey and North Jersey. Those espousing the cause^of South Jersey statehood are not asking for anything new, but a return to the status quo. If usage has anything to do with it, the U.S. government already considers South Jersey an entity. Signs on 1-95 don’t direct you to Southern Netf\Jersey — but to SOUTH

JERSEY.

Money Matters How Do You Spell Relief?

by Vince Fulginiti No, we’re not talking about upset stomachs, though our topic —Taxes— may often cause some. Relief from taxes is spelled Tax Sheltered Investments. lay, individuals feel that something has got to be done about taxes — and fast. Last year, a joint Congressional committee investigating inflation’s N impact on the individual determined that for every one per cent increase in the Consumer Price Index. Federal Government tax collections increased 1.6 percent. A I97R LIBRARY of Congress study concluded that while the ’’typical” American family of four — two wage-earners and two children — could expect their income to rise by 21 per cent from 1976 to 1981, the percentage of their income paid as taxes would increase by 30 per cent. No wonder a Louis Harris poll conducted in 1979 showed that 66 per cent of the respondents felt. that taxes had reached the ‘breaking point." Until we can convince Howard Jarvis to abandon the California sunshine and the halls of power in Washington, D.C. for the unique lifestyle of Cape May County, we must ask ourselves, "Can I really (legally) pay less in taxes? And if so, how?”

IN THIS series of articles, we will look at several ways people can legally decrease the amount of taxes due. A tax shelter is any investment made more attractive by the timing of the profit or the way it is i taxes. Before we go further — don’t worry that tax Shelters are somehow illegal or immoral; they aren’t. Also, don’t confuse tax shelters with loopholes. Tax shelters aren’t loopholes at all. Tax shelters are based on specific provisions of the tax laws enacted by Congress to encourage investment capital to flow directly into basic areas of our economy such as •housihg, oil, manufacturTflfc and agriculture. IN ONE sense, tax shelter means investing in vital industries in a way that lets you — rather than the company you invest with — keep the tax benefits while retaining your opportunities for profit. Tax Shelter simply means turning dollars otherwise paid to Uncle Sam into assets or income, through: (1) tax deferral, (2) conversion of ordinary income into long term « capital gains taxed at lower rates, and (3) conversion and deferral — the conversion of this year's ordinary income into long

term capital gains for future years. SELECTING your tax shelter requires analysis of your own situation and characteristics, your financial goals and specific desires results. In our next article, we’ll look at how to do this analysis in three steps. Step 1; Where am I? Step

2: Where do I want to go and when? Step 3: How can I get there? Until our next article, remember that probably 30 per cent of every dollar you receive will leave you in the form of taxes. Vince Fulginiti, a Wildwood resident, is an account executive with a leading investment broker.

Government was instituted because the passions of men will not conform to the dictates of reason and Justice without restraint; ■■Alexander Hamilton

reader 's forum

letton 'to the editor

THE SOVEREIGN STATE of AFFAIRS

In Good Hands o by Philip Matalucci t Avalon is well served by its elected officials. The mayor and council perform their jobs well in the best interests of the community residents. Borough workers have always provided prompt and courteous service. The uniformed police as well as the volunteer firemen play a most valuable role to protect the health and safety of its residents. It was through a quick response and prompt attention to our recent fire that it was contained to a minor accident.

The wish to publicly commend these fine people for their admirable work and excellent We wish to publicly commend these fine people for their admirable work and excellent performance. Philip Matalucci owns the Princeton Hotel and Grille on Dune Dr.

DAVID BOYD

HOWD THE DEMOCRATIC NATION At CONVENTION TURN OUT’.

WEIL CARTER WON THE NOMINATION AND KENNEDY WON THE CONVENTION ^ ^ .

HOW NICE. THEY BOTH WON

c ^ ^ Xj , V

THERE ARE THOSE'VVHO SAY THEY BOTH LOST..

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