10

Herald & Lantern 4 May '83

HARBOR FURNITURE

OUTLET

Tax Returns: Muziani,Yes; Ostrander,No

IS HAVING A

Srand ©patting ‘GIVE-AWAY’

OVER $4000.

WORTH OF FURNITURE

MAY 1st-16th* 3 TRUCKLOADS OF FURNITURE ON

SEALY TRUCKLOAD MATTRESS SALE

FIRM SETS' TWIN $150. FULL $199. QUEEN $269. KING $299.

BEMCO

WHITE CROSS TWIII *99. SET FULL *149. SET QUEEN *199.

SUPER FIRM SETS TWIN $199. FULL $259. QUEEN $299. KING $399.

TRUCKLOAD

EXTRA FIRM COMFORT CARE TWIN *149. FULL *179. QUEEN *259. KING *399.

WATERPROOF BEDDING FOR HOTEUMOTELS TWIN *139. FUU *159. .

BEMCO POSTURE II 28 FEAR WARRANTY TWIN *299 FUU *399. A QUEEN *499.

HIDE-A-BED SALE ^*1 TWIN $199. ^ FULL ’ $219. QUEEN $249

TWIN $299.

FULL $325.

BROYHILL WICKER MIRROR $35. WICKER TWIN ^HEADBOARD $50. YOU DON'T HAVE TO BE PRESENT TO WIN!'

BASSETT queen S350. HIDE-A BEDS ^

WICKER DINING - *599. ' 7 PIECES SERVER EXTRA *199.

WICKER BEDROOM 5 PIECES \ DOUBLE ORESSIR/SET s 599. TRIPLE ORESSERISET s 699. INCLUDING MIRROR HEADBOARD NIGHTSTAND AND CHEST

465-3208

EXIT 6, PARKWAY N. WILDWOOD BLVD. BURLEIGH

MAPLE WOOD DINETTE *199. 5 PIECES

465-7677

By BOR SIIILES WILDWOOD - Opening a fast food restaurant last year at the end of the Garden State Parkway is one business Venture Mayor Guy Muziani won’t forget for a long time. ■‘It’s one of the worst business deals I ever made, the mayor said of .his Cape Diner, ‘‘and it cost me my shirt.” According to the mayor s iijyome tax record for 1982, he- lost $112,034 in the diner's first year of existence. He is in the process of trying to sell the business "I won't be paying income taxes again for a long timer* h£ added, noting that the corporatihn, Cape Differ. Inc., actually owes him $212,922.85 THE MAYOR, a can didate for reelection Tuesday, last week made avffijable to the Herald and LaQtern his personal income tax records for the past five years, an offer he publicly mad** in a recent debatg with mayoral candidate Earl Ostranger Ostrander on the other hand, refused Monday to allow the Herald and Lantern to review his income lax records, stating that “it’s nobody's business what I make If! was runn ing for the President of the United States, that would be different '' Muziani has not yet filed his 1982 return, although he is expected to do so within the next two weeks He received a three-month ex-

tension because the computation of capital gain received from the sale of the Tangiers Motel in Wildwood Crest a few years ago needed clarification. he said. The clarification was done by accountant William Thomas Athey of Bridgetoh. AS FAR AS life mayor could determine Monday, he will be reporting on income of $47,258. This includes $18,000 as assemblyman, $16,660 as mayor, interest income of $14,479, and dividends worth $4,298 In 1981, the mayor's reported income was $70,343, including $15,761 for mayor's salary. $18,002 in interest. $2,030 in dividends and $30,033 in capital gains. Some $22,814 was paid in taxes on taxable income of $58,091 Total deductions were $12,251 Reported 1980 income was $82,575 This included $14,566 for mayor's salary, $10,191 in interesl and $13,032 in dividends Capital gains totaled over $30,000 Total deductions equaled $14,675. the total taxable in come was $58,091, and taxes totaled $26,358 THE MAYOR received a total income in 1979 of more than $40,500. Salary was $13,094, interest $4,104, and dividends $i 1,081 Capital gains were about $12,000 The official was able to deduct a total of $6,060 and paid $8,741 in taxes on a taxable income of $32,297

And in 1978, the mayor's total income was almost $39,000; $12,240.80 in salary, $3,610.44 interest and $1,093 in dividends Capital gains was about $22,000. According to his returns,* Muziani was able to deduct a total of $5,700 He paid $8,677 in taxes on $30,961 of taxable income.

Births

COURT HOUSE - The following area births have been reported by Burdette Tomlin Memorial Hospital; John David, VI. to John and Elizabeth Munyon Gamble of Ocean View. April 18. Allen Church to Gene and Cheryl Church Mason of Erma. April 19 Christopher Ryan to Vin cent and Ellen Furey Keever of Rio Grande. April 22. Vincent Albert Jr. to Vincent and Deborah Hewitt Goutremont of Rio Grande. April 22 Rebecca Sue to William and Donna Wescott Sylvester of Swainton. April 22 Carly Anne to Woodrow and Sandra Glock Hall of Wildwood. Apnl 23.

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