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APRIL 1973 OCONNORS OTTAWA There seems to exist some confusion In the business community surrounding the now notorious tax cuts and fast writeoffs promised by Mr Turner in his May 1372 budget but as yet not passed into law It should be remembered that these benefits if passed will be available only to manufacturing and process companies and not to all rations Manufacturers processors comprise about 30 percent of the total of all businesses in Canada Not only do the balance of other types of corporations about percent of the total which includes most small businesses service in transportation firms etc not get the tax cuts but their rates were actually Increased between 5 percent to percent as of January 1 1973 WHY INCREASE Why do most company tax rates increase this year Just over a year ago on March Parliament passed a bill reducing cor porate Income taxes by percent for the last half of and all of 1972 This Bill gave effect a budget proposal announced back on October 1971 by Edgar Benson then the Minister of Finance The 7 percent reduction applied to all rat ions but it was due to at the end of 1972 1972 general federal corporate tax rate was Percent Turners budget of May 1972 announced the low politically controversial manufacturers and rocessors reduced rates to effective January 1 1973 the majority of com ionics the percent which re not manufacturers or began January 1973 paying the greater ate with no hope of enjoying he new reduced rate PAY ATI- The greater rate is more for companies iornby Jews Twenty eight friends and latives gathered at the ho mi- Mrs Pat on Tuesday April to honour a bride be Mies Margie Shea with a shower given by Pot and CO Mrs Garry Hamilton living room was decorated aullfully with pink and white earners and pink and white ibrellas Guests were present Weston Milton and irnby A delicious lunch was sandwiches cake and cream North Trafalgar Club Id their weekly euchre party Saturday night April 7 at the rth Trafalgar Recreation ntre There were seven ales of euchre in play with the lies going to the following Vi Marie acock Mildred Henry and Hamilton The gents were won by Ralph athcrston Joe Ellis and Bill The lucky draws re won by Beatrice Mod and Keith Webb let well wishes are extended Mrs Boy Wilson who un surgery at the Milton itnct Hospital Hamilton returned in Saturday from be lton District Hospital lowing a case of flu i and Mrs Leslie have returned i vacation in Naples greetings arc ex ded lo Anderson May who I celebrate his birthday on HI 14 and to Joe Lyons who 1 celebrate his on same day illations to Mr and Bob Bonham Karen idley who were married on day March 30 Canon J xwell performed the at a vice In St Stephen Church and relatives were this week learn that Chamberlain passed ay after a short Illness at the Hospital in her year beloved wife of ink Chamberlain of dear mother of gar at home Lome and Mrs Alfred Ball of dearly loved grand Margaret Mrs Ross rk and Lynda Mrs Peter ler Velma Mrs Alan Iver and Keiih great dm other of Michael The eral service was held at the uneral Home at Queen at 30 m Sprlngcreek Mrs Jim Hamilton making aver profit and 7 percent more for Canadianowned private companies earning less than ISO profit Thus these companies and especially Canadian owned small businesses are paying a greater rate subsidize the proposed cuts that will favour only manufacturers and processors It should also be con that much of the tax cut benefits to man Ufa and processors will be wasted on the Canadian are foreign whose decisions regarding Canadian operations will not be much affected by the cuts Instead of resulting In greater Canadian em through an ex pans ion of business the cuts may well end up In the Treasuries of foreign head offices THOUGHTS These then are some additional thoughts to add to difficult economic decisions laced by Members of Parliament when trying to decide how to vote on Mr Turner latest budget proposals One must take into account not only last years budget which is still not passed Into law but also the provisions of the budget If you have a problem idea comment criticism or if you simply wish to get in touch with me please stop by or call my Riding office at 326 Road East Oakville Farmer Realtor Dies During Winter Holiday A district resident who moved to Georgetown in December William Edwin Mc Bride died suddenly March in Highland General Hospital Sebring Florida Mr and Mrs Me Bride had spent several winters in the south and left for their annual holiday shortly after moving to town He was Son of the late Edwin and Jane Kidd he was born at Lot 3 First Line East Caledon and attended school at S S and Ingle wood Continuation School He farmed 1W3 worked at Avro Aircraft Malton for eight years then became a real estate salesman until he retired in 1967 He was a member of Ingle wood United Church and was a fishing and hunting devotee as a member of Ingle wood Hunt He leaves his wife Enid Cook whomhemarrledin 1941 four children Ted and Keith of Knmloops Mrs West Kay of Terra Cotta and of Weston two grand children Tamara and Andrew West and four sisters Mrs Price Calgary Alto Mrs Watson Orangevllle Mrs J C Cook Bowmanvillo and Mrs C McClure Florida He was predeceased by three sisters Mrs S G Mrs C A service was held in Lake Placid Florida March for friends and relatives residing In Florida with Rev Richard Haley of Lake Placid United Methodist Church officiating A service took place March 30 at the McKillop Funeral Home Brampton with Rev A Cook of Inglewood United Church officiating Interment was in Boston Mills BUSINESS DIRECTORY OPTOMETRIST LM Brown RO OPTOMETRIST ONTARIO LAND SURVEYOR Robert E Ltd ALPINE HEALTH CLUB Evans Chiropractic Clinic CHIROPRACTOR G Corbett DC Mill Street nor tot own For Appointment PHONE Main s Free Pick up and Delivery All work done on MONUMENTS POLLOCK CAMPBELL PHONE All fl7 Her Street Norm GALT Georgetown Bridge Club Georgetown bridge club set a record in attendance last week with tables of players competing in evenings Ted I alia and Follows were North Soulh winners Grant Real and Ron Glide were 2nd Jim Kalll and Bill Wandcl 3rd Ron Elhler and Barbara Wood and and S Kerr Bob and J Inglis headed the East West Jim Hardy and Mien Coyne were 2nd Cam Sinclair and Jane Reynolds 3rd Mr and Mrs Clayton Barbour Jim White and LefevreSih Bart Fisher and Kay Campbell Mr and Mrs Roy estedt topped Ihe beginners group there was a tic for second place between Mr and Mrs and Mr and Mrs T North Mr and Mrs S Lamb were Members voted have a special charity game sometime In the future with an extra dollar per player going to the Multiple Sclerosis Society Extra points will be available for winners that evening CARPET CLINIC Profess Carpel an Upholstery Clean Your Home or our Modern Plan Free Pick up and Delivery CARPET CLINIC KENNELS Seller Shetland Sheep dogi Dob re tor an Creed diroidlMipic Ave Imported a Can Handcrafli Antiques Reitored Stripping a old Can re But Home 10 to PRICED LOWER THAN A YEAR AGO CANADA A FOft 0 At NO OR MOILING TO 3 lbs AVERAGE CHICKENS iraiiuan conn Bean Coffee WHO ATI mi Ice Cream II til MUD MO cm Cheese Slices PARKWAY Waxed Paper 3 Beverages Serve Quality Jane Parker Baked Goods and Save Ill CI UN Oft WHO 11 CRACKED WHEAT BREAD 379 J AN PARK El VANIUA MACAROON ItAVI ID CUP CAKES J AMI PARK I MIRINOUI LEMON PIE lull J AMI PARKER N Good to El JANE IAVI Cherry Pie Chelsea Buns JAM IMC ACTION Spanish Bar Cake 79 Family Donuts pW of 49 JAN I MIX lAVt IO1J JAM PAMIR OF Jelly Roll a- Hot Cross Buns pW2 79 Action priced I 26FLOZ BTLS PEPSICOLA Plui Deposit Grapefruit No 1 ON Cucumbers ONTARIO CROWN 89 IOU1I CROWN DirriMNt VARUM Violets Discount Prices Plus Weekly Action Priced Specials CHILI TOMATO DINrll POTATO DINNER RICE OR Shirriffs beef it up p53 Soft Margarine 71 49 IOUIB ACTION PRICED Bleach Red Rose Tea Bags OR AN Allans Crystals PAIIIC SOFTENER 111 Fleecy TUCK BRAND Garbage Bags f BRAND Tomato Juice Mo Prem LUNCHEON MEAT FBI Fruit Juices Lionel olio Ketchup Bordens Milk Id AIR WITH AMMONIA Window Cleaner pi hi ASP Fruit Drinks lie