December 1966

HOW CAN YOU MANAGE YOUR MONEY TO PAY LESS TAX?

Basically, there are two very good ways to reduce your taxes --by making your income taxable at lower rates, or by making less of your income subject to tax. Taking any two-year period, you often can distribute your deductions (and sometimes income) to reduce taxable income and gain tax-free dollars.

HOW CAN YOU GET TAX BREAKS ON STOCK SALES?

To get maximum tax savings when you sell stock, you have to know how tax rules apply to capital gains and losses. Below are three areas where you can save tax dollars.

ESTIMATE YOUR NEXT INCOME TAX DUE (OR REFUND)

TAXES: ARE YOU GETTING YOUR MONEY'S WORTH?

More than a quarter of our national income today goes toward community purchasing of government services, ranging from space shots to sewage treatment. About three-fifths of our tax money is gathered and spent by the National Government, most of it from corporate and personal income taxes. The remaining two-fifths is taken in by state and municipal governments from a bewildering variety of sources, such as real estate taxes, sales taxes, fees, use taxes, and personal property levies.

MAP YOUR OWN HAWAIIAN HOLIDAY

For more than 30 years a weekly radio program-- "Hawaii Calls"-- has been beamed to the outside world from Honolulu. Even so, it is only when you visit these sun-blessed islands that you realize the truth in that musical title. Hawaii does call: its marvelous mixture of races and cultures, its lofty volcanoes and hidden freshwater pools, its black lava and white coral, its vivid flowering trees and shrubs.

WHAT'S NEW IN LUGGAGE?

If you haven't shopped for a suitcase lately, you're in for several surprises. Dramatic changes have been made in luggage-- many of them by manufacturers taking a long, hard look at the way people travel today.

WINTER DRIVING PROBLEMS THAT CAN HAPPEN ANYWHERE

Hazardous winter driving conditions are not limited to just those states with heavy snowfall and extremely cold temperatures. In fact, drivers often get into trouble when the temperatures hover at or slightly below freezing and in areas where snow and ice are seldom encountered. The motorist who does most of his driving on roads that are free of ice or snow is a likely prospect for serious trouble when he becomes involved in a situation which the bulk of his driving experience hasn't taught him to handle.

GREAT GIFT IDEAS

FOR A FULL AND JOYFUL CHRISTMAS

What is your special expectation for this Christmas? Your family together? The pleasures of your friends? These are the greatest gifts of all, but to them add the making and the doing and the wrapping and the thousand other ways you'll give yourself to Christmas.

PAPER BAGS AND BIG BALLOONS!

GREAT, GREAT CANDLESTICKS!

FAST FLOWERS: TISSUE AND WAX

THIS IS MACARONI!

The ornaments on these pages look like expensive hand-sculpted vignettes --but they're all made from that wonderfully prevalent product-- pasta! Any grocery store shelf will yield an astonishing array of shapes guaranteed to spur the imagination into soaring flights of fancy: snowflakes ... stars ... rosettes ... wreaths ... medallions! Shown here, a little smaller than life-size, are some outstanding samples for you to copy. Don't stop here ... create your own!

THE NEW DWARF POINSETTIAS!

No plant expresses the Christmas season as beautifully as the poin- settia, no matter how it is dis played. Here, we have created three settings with the new dwarf poinsettia which has near-normal- size blooms on very short stems. These little plants, which have been dwarfed chemically, allow more versatility in your arrange ments, and cost little if any more than the standard kinds. You can buy both at a florist shop.

FABULOUS CARDBOARD TOYS

START WITH EVERYDAY STUFF!

Once you've started turning out these exciting ornaments, you'll find a multitude of ways to display them. Start by decorating the tree, of course. But then string them up and down picture win dows--show them off in shimmer ing mobile units, let them twirl bewitchingly from chandeliers, or wire them on luxuriant evergreen wreaths for the front door.

AREN'T THESE WILD AND WOOLLY?

VERY EASY SEWING WITH FELT!

Why felt? Because it lets you turn out dramatic Christmas table trappings like these-- with minimum effort.

GIFT BOXES WITH AN IDEA!

HOW TO MAKE THE ORNAMENTS ON OUR COVER

Gift for a lifetime--a vacation house

What's your dream location for a holiday house --the beach, mountains, lakefront? Wherever it is, this striking double-decker will fit right in. It's designed to take maximum advantage of any setting-- yet a clever system of visual baffles makes it completely private, even on a small lot in a popular resort community.

FASHIONABLE FIREPLACES

SHOPPING EDITOR'S CHOICE FOR CHRISTMAS

MAN NEXT DOOR

Last year we taped the Christmas cards around the fireplace. Another year we staggered them down the banister, and one time we pasted them on the windows. Christmas 1966 will be memorable for a truly original idea. We're just piling all our cards on the coffee table.