1969/70 Final Return for Earned Income Tax

[FU64RY]

Just hard to believe.
Found these among other neat stuff been saving for many years.

In the year of 1969...............when I purchased my first new car. 69 RR A12 for $3840.
I earned $3431.47. Had tax due of $7.28 after filing.
1970 made $4439.........owed $6.01

Also found my original drivers learners permit 1965, with one hole punched in it, failed to parallel park close enough to the curb.

Those were the days.

 

[toolmanmike]

The min. limit today is $12,400 so 3400 and change would make sense back then.

 

[MIKESPOLARA]

So how were you able to buy that car? Parents money?

 

[Budnicks]

$4439/year 40/hr 52/weeks = $2.13 an hr in 1970
what was min. wage in 1969/70 ?

I was getting only $1.65 an hr my 1st job min wage
(I also worked occasionally for my dad for $5 an hr
digging holes for awnings/decks in granite, busted my ***)
1974, had to work all summer to save $400
to buy my 1st 68 Charger R/T for $350
with an added few tips in there for fixing flats
& for fueling/filling & doing windows for the local logging trucks,
drivers were cool
at Paul Petterson's Shell
in my sophomore year in HS
up at 4:30am for work by 5:30-5:30
home by 6:30pm, worked usually 12 hr days min.
unless after school, it was only 4 hrs a couple days a week

I got a free tank of gas/topped off, in my Hodaka 125 daily too
Later when I drove my 68 Charger he'd (Paul) would fill it up
every so often for free too, that was like a $10 tip

I was making $2.50 an hr (+ tips) by end of summer
& thought I was walking in tall cotton

 

[FU64RY]

SWo how were you able to buy that car? Parents money?

Father passed in 67 mother co signed for me. I still have the owners card with her signature on it. No I do not have the car. It's just 8 miles from my home now and he does at this time not want to sell it. I sold it in mint original condition for $1400. I had a 64 Sport Fury convertible 383 4 speed at the same time.

 

[440 PHIXX]

I remember those registration cards. Back when Pa. used letters to tell you how many owners the car had. Yours being A, first owner. I bought my V code ‘Cuda back in early ‘83, a K title. It was in my Dad’s name at the time for insurance purposes. No more letters when I put it in my name in the 90’s. I’m the 12th owner in Pa.

Father passed in 67 mother co signed for me. I still have the owners card with her signature on it. No I do not have the car. It's just 8 miles from my home now and he does at this time not want to sell it. I sold it in mint original condition for $1400. I had a 64 Sport Fury convertible 383 4 speed at the same time.

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[ruffcut]

Cool stuff! I remember those days quite well. I had a 1953 Harley K model I rode to work in the summer. Thought I was big ****!