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} > Section Two The Canadian Statesman, Bowmanville, November 9, 1988 7 Local Artists to be Featured at Magic Image Candidate Promises Sludents Enjoy'Mouse Tales'Performance at Hampton School Reduced Interference The Magic Image gallery at 139 Ring St. E., in Bowmanville, is presenting a group show by three Durham Region artists. Laura Hair, one of the artists represented represented in the show, is pictured above with one of her mixed media drawings. Other Other works on display include landscape watercolors by Hugh Charlebois and etchings etchings and lithographs by Lotti Thomas. The gallery's exhibition will continue to November 26. Guiding in Bowmanville BY KAREN THOMPSON This is the first in a regular regular column about Guiding in Bowmanville. In future articles, articles, we hope to encourage every member of Girl Guides in this area to submit submit information regarding their units. We are deeply indebted indebted to The Statesman for all their help in keeping Bowmanville informed about the organization. Guiding has grown tremendously tremendously over the years. For the 1988-89 year, we have a total of 31 leaders; 2 Division Cadets; 141 Brownies; Brownies; 70 Guides; and 15 Path finders. Also this year, there is a new group starting for the five-year-olds. Presently we are trying to start this age group in Bowmanville. If anyone is interested in helping with these younger S 'rls, please contact Manon enning at 623-2929 or Karen Karen Thompson at 623-2765. Helpers are always needed in every level of Guiding. With Remembrance Day fast approaching, the Boy Scouts and Girl Guides had been asked to participate in the Service on Saturday, November November 5th. Three girls placed a wreath at the Ceno taph for Guiding. The girls were Bethany Hogg, a Brownie; Melanie Valade, a Guide; and Kim Archer, a Pathfinder Guiding is a valuable asset asset to the community. The girls are encouraged to work within the community for various badges and program work. Once you have been involved in Guiding as either a girl or an adult, many of the ideals and beliefs remain with you through your entire entire lifetime. Guiding, Can be fun and very rewarding to anyone. CjwiWf Ute. Qljt &f Ant Come and meet local artist John Boots. THURSDAY, NOVEMBER 17 7 -- 10 p.m. Enjoy a relaxing atmosphere and start your Christmas shopping early. GALLERY OF ART *7<4e AcjeleAA. Jleant 133 Taunton Rd. W. Unit 16 custom framing Oshawa 432-1580 Libertarian Party candidate candidate Rolf Posma believes the least amount of government interference in everyday life is best. He's putting that philos- phy forward in the federal election campaign as the Libertarian Libertarian standard-bearer in the federal riding of Durham. Durham. "Libertarians are saying there's room for a party that supports private enterprise with a minimum of government government interference," he said. Looking at the three major major political parties in Canada, Canada, Mr. Posma sees too much of an emphasis placed on government interference, bureaucracy, and programs which are "socialistic". In fact, he accuses the Liberals and Conservatives of adopting adopting the ideas of the NDP. He believes that at election election time, parties enter into a bidding war to see who can give the electors the most government programs. In support of his contention contention that big government is bad government, Mr. Posma points out that about 54 cents out of every dollar goes to pay a "myriad of taxes". If the trend continues, he forecasts forecasts that by the year 2030 everyone will simply give his pay cheque to the government government and will become "wards of the state". In the minds of the Libertarian Libertarian party,.this is clearly not the'way to ensure good government^ Mr. Posma notes that even some of the world's socialist economies are developing concepts of free trade and privatization. In place of today's tax structure, the Libertarians favor a a program in which all wage earners pay a flat rate of tax equal to 20 per cent of their income. They would each be entitled to a deduction of $10,000. Mr. Posma sees defence, law and order, and the court system as the principal areas in which central government should.operate. "Anything beyond that is negotiable, he says. ÿis party emphasizes that it would phase in these changes in government and taxation in a responsible manner. Mr. Posma believes there are many areas currently controlled by government which could become part of the private sector. For in- Choose Their Future They need a ^government that will • PROTECT OUR ENVIRONMENT • PROTECT OUR RESOURCES • PROTECT OUR JOBS m y //\ / ■: f ; \V u\ Ï// ! Z.Xv h'-U.'.i;: ELECT DOUG MOFFATT Your Liberal Voice in Durham This is more than an election, it's our future Oshawa 432-3500 Bowmanville 623-1619 Port Perry 985-4441 Authorized by Robert Marshall, Offical Agent (or Doug Mollatt, Candidate stance, he pointed out that in the Uni tea Kingdom, facilities facilities such as airports and streetlights have in some cases been turned over to private enterprise. "There's a lot of good response response to these ideas," said the Libertarian candidate. "We are what the Liberals and Conservatives were at one time when they had respect respect for free enterprise and individual responsibility," the candidate aaded. Libertarians are, however, however, realistic about their chances in the upcoming election. Nevertheless, they believe it's important to raise issues such as government control and personal freedom freedom in the federal election. Mr. Posma said his role in the election is "to keep these guys honest." Minimum Tax, Few Benefits, Many Flaws By Harold Chmara, CA In 1985, a lot of noise was made about wealthy Canadians Canadians who were not paying "their fair share" of income tax. Some paid nothing, and outrageous examples were chromcled in the newspapers. newspapers. As al result, the spring budget of 1986 saw the introduction1 introduction 1 or the alternative minimum tax, or "mintax". Despite the flashy headlines, headlines, however, there were very few cases where taxpayers taxpayers paid no tax year after year. Part of the problem is in defining income. Suppose someone borrows $1- million and invests it in mortgages. This person's total total income might be $120,000, but the interest expense expense on the. loan would run about $100*000. On the net income of $20,000, the tax would be about $3,700. In the taxation statistics, this person's "total income" is listed as $120,000. The tax therefore seems far too low. Then there are more controversial controversial deductions: tax shelters such as flowthrough flowthrough shares and films. Because a new business not yet making much money cannot use tax deductions fully, it passes them through to the investor. Thus the business gets investment investment capital and the investor investor gets a tax deduction. Yet the arrangement upsets people who do not like the idea of high-income individuals individuals reducing their taxes, much less wiping them out. Is this "bad"? If so, the government should eliminate eliminate tax shelters. In that case, where would risky ventures find capital? Before 1985, the need for capital outweighed public indignation over people who paid little or no tax, but the mintax bandwagon developed developed unstoppable momentum. momentum. Complex rules were written so that anyone who "oversheltered" income would be hit with mintax. Those being hurt, however, however, are the less savvy. There is the person who sells a cottage cottage and has a large onetime onetime jump in annual income; or the retiree who sells shares bought over many years through payroll deductions. deductions. Another example: the small-business owner who sells the company's shares. All can be subject to mintax mintax despite the lifetime capital capital gains exemption of $100,000 (or $500,000 for a small business). "Mouse Tales" was the title of a performance by this troupe of puppeteers at the Hampton Junior Public School on Saturday, October 29. At the conclusion of the show, which was all about stories of mice, the group demonstrated how the various puppets operate. "Mouse Tales" was presented by Waterwood Productions. Productions. This was the first of three productions offered in the Community Cushion Concert Series. On Saturday, Saturday, January 21, the National Tap Dance Company Company will present "Jennifer's Dream" and on Saturday, Saturday, February 18, there will be a performance by Deborah Dunleavy. Tickets for the remaining shows are available and can be obtained by calling the Hampton Junior Public School. Meanwhile, the intended mintax targets sidestep it by using tax shelters a little more sparingly. Mintax is a complex and inappropriate measure, especially especially when tax reform is supposed tosimplify tax law and "equalize" taxpayers. It should be scrapped. Though experts agree mintax is not needed, no political political party is willing to stand firm against the populist populist sentiment that spawned it. Now there is fear that corporate corporate taxes may be subjected subjected to the same flawed concept. concept. For CA's advice on TV - see Your Wealth, available on broadcast channels in Ontario Ontario and on satellite across Canada, or see Money in the Bank, on your community cable channel. Moneycare is a regular feature by members of The Institute of Chartered Accountants Accountants of Ontario. Harold Chmara is with the Hudson's Bay Company. Think Canadian" BEAT THE JANUARY 1st PRICE INCREASE!* Buy Now and Save • Nine different systems, including bronze or white aluminum or curved laminated wood. • Exclusive features such as Heat Mirror" 1 glazing, Pow-R-Vent® cooling, and built-in shading provide year-round comfort ■ CALL or VISIT for COMPLETE DETAILS WHITBY SHOPPING FAIR 25 Thickson Rd. N. Whitby 432-1100 1-800-263-3754 • Perfect for kitchens, baths, spa enclosures, family rooms, patio rooms, and dining rooms. FOUR SEASONS GREENHOUSES I)vsit(nX Hviiuklvlm«t( vttlrts Outdoor Living... Indoors'" Over 20 Locations Across Canada. Heat Mimx 1 is a trademark ol Southwai Technologies, Inc. 'At participating Centers. See Center for details. ©1988 four Seasons Solar Products Corp. I? Elect MILT DAKIN Vote Ken Hooper Regional Council Ward II (Bowmanville) Monday, November 14 Experience 10 Years Old Bowmanville Council 3 Years Chairman of Public Utilities (Sf® y 'T Resident of Bowmanville for 63 Years Doesn't belong to any numbered company and does not have land investments so no conflict of interest can arise. With all of the development that has taken place it is a MUST that the interests of the taxpayers and their taxes be protected. Many are on a fixed income and cannot afford any more increases in taxes. We can only afford the necessities so we must cut the frills. With your help this can be done. I respectfully solicit your support. Siftc&icttf,, 'Ken Rhone 623-3970