Lake Scugog Historical Society Historic Digital Newspaper Collection

Port Perry Star, 7 Mar 1973, p. 15

The following text may have been generated by Optical Character Recognition, with varying degrees of accuracy. Reader beware!

\ | y ) ' aa = ea by Norm Cafik, M.P. I would like to outline some of the Highlights from Finance Minister John Tur- $1,600 from $1,500 effective January 1, 1973. Exemption for a married ner's Budget, which was couple increased to $3,000 made public on February 19, 1973. Basic exemptions for all tax-pavers increased to from $2,850 January 1, 1973. effective Basic Federal Tax cut by 5 percent with a maximum Z LI) Distinctive PRINTING, & Forms that Ab = Work for You As | see it By Bruce Arnold Under Ontario's educational system Christian parents are obliged to subsidize the education of atheist kids, and pay for their own children's schooling as well. The only exception is in the case of Roman Catholics in most places. If they wish, catholic parents may designate that their school taxes go to church schools. However, non catholic Christians must pay taxes to a public school board and then pay extra, if they can afford it, to have their children attend a school where religion is not regularly ridiculed. In Alberta several thousand protestant parents are trying, without much success, to stop public schools from teaching that, 'the evolution theory is now accepted by all," and "Almost no one believes the: outdated creation theory anymore." Closer to home a group of Ontario County parents have asked Rev. R.H. James, pastor of Rossland Rd. Free Methodist Church in Whitby and Social Credit Candidate in the last federal election, to make representation to Queens Park on their behalf. The parents are concerned about books in our own schools which take God's name in vain and hint at pre marital sex. I assume the schools do not also make the writings of communist founder Karl Marx available to students. If they did the kids would see where the other claptrap originated from. If you are a Christian in Port Perry your children must go to school in Oshawa. For catholics, students may be bussed next year, since the catholic school board refuses to consider making school facilities available here. But at least the school and the bus will be paid for out of taxes. Protestants have to be able to pay to send children to Emmanuel elementary school in Oshawa, and later to Durham Christian High School in Bowmanville. Durham High School has to provide for students from Port Perry, Peterborough, and everywhere in between. When it comes to high school catholics and protestants are in the same boat. The same provincial officials who refuse to recognize the existance of protestants at all assume that a student stops being a catholic by the time he reaches high school age. Or maybe they just hope. In the bigger cities many protestant parents send their elimentary school children to catholic schools, believing that catholic training is certainly better than atheist teaching. In Toronto this practice has become so wide spread that the catholic school board is now negotiating with the public board to buy some of the empty public school buildings. Attendance at catholic schools by protestant children has thrown the whole school situation out of proportion. Something is quite clearly wrong with the thinking, or lack of it, at Queens Park. It shouldbe the parents who decide where their children will be educated, and therefore where their school taxes should go, not the government. When deciding if a school is entitled to receive the tax share of the parents who send children there only academic standards should be considered not the religion of the parents. How would you react if village council refused to plow snow from your street because all the people who live there are Anglicans, but still expected you to pay taxes toward the cost of the snowplow? Of course it is a silly example. Village council would not even consider such a thing. But Queens Park does. reduction of $500 and a' minimum reduction of '$100, effective January 1, 1973. The above three measures fave no termination date. They concentrate relief among those most in need and they drop $750,000 people from Federal Tax Rolls. Personal income tax system to be indexed begin- ing in 1974 to end the erosion of purchasing - power. The indexing is to be accom- plished by raising tax brac- kets and increasing personal exemptions each year by inflation factor based on the consumner price index. Pensions The basic rate of Old Age Security Pensions is to be increased to $100 per month from the current rate of $82.88 effective April 1, 1973. The combined Old Age Security Guaranteed Income Supplement becomes $170 a month for a single person and $325 a month for a maried couple. War Veteran Allowances and Civilian War Allowances to be increased by similar amounts to a minimum of $151.00 per month for single See our great selecti COMPLETE SELECTION of finished KITCHEN CABINTES fully guarant. LESS\250, OFF RETAIL GENERAL CONTRACTING All Types of act or Time & Material FREE i on of different panels for your "Greatest Ever' 9 wall-covering project! recepients and to $257 for married recepients. Guaranteed income for recepients of over 65 to be raised to $204 per month for single recepients and $357 per month for married recepients. CUSTOM'S DUTIES The Government is recommending to Parlia- ment temporary cuts in the taxes on a wide range of consumer products. In choosing these products that would be subject to tariff reductions and in deciding how large reductions should be, every effort has been made to avoid any adverse impact on production and employment in our factories and farms across Canada. However, at the same time the Government wishes to ensure that the tariff reduc- tions_would be sufficiently broad in scope to have a significant effect in dampen- ing the upward pressure in consumer prices. SALES EXCISE TAXES Federal Sales Tax abol- ished on all children's cloth- ing including shoes and other AND PORT PERRY, ONTARIO 985 - 7335 P.O. Box 329 - PORT PERRY STAR -- Wednesday, Feb. 28, 1973 -- 15 Outline of 1973 Federal Government budget footwear. Federal Sales Tax abol ished on all food products including confectioneries, chocolate bars, soft drinks and fruit drinks. Special luxury excise tax of 10 percent abolished on toilet articles and cosmetics Special luxury excise tax of 10 percent on clocks and watches removed except tc the extent that a manufact urer's price exceeds $50.00. CHANGES RELATED TO TAX REFORM Further improvements to tax reform were introduced and these include: An important tax deferral is proposed to permit farm- land to pass tax free from generation to generation. This would mean that a farmer would be able to pass his farmland onto his child- ren without paying tax at the time of his death on any accrued capital gain. the deferral would apply if the land is being used as a farm by the tax-payer or his child at the time of the tax-payer's death, and if the land is left to a child or children resident in Canada. An amendment is pro- 159 Casimir Street HOME IMPROVEMENT Interior Latex Paint Our exclusive brand of paint is so good - we guarantee your satisfaction or will cheerfully refund your money. Its rich, thick and creamy texture lets you brush or roll it on smothly, mostly in one coat. Tools wash clean in soapy From yellow. DOUBLE Stainless Steel SINKS Durable, hard- -wearing and scra- tch resistant sin- sgle and double- bowl sinks. Stain- steel not rust - 'easy as pie" to install. BOWL proof LINE CYA I o(0 1, [of I = i SW | \V] oY BUILDING SUPPLIES AT COMPETATIVE PRICES PLANNING CENTRE COINBICICR IGE oF Construction * Design Estimates & Delivery * Drafting and * Blueprint Facilities Magnificent Panelling | 40 | 4 x 8 ' Decorator Colour 3 pce. BATH ENSEMBLE Choose your own bathrogm from the softest shades of pink, blue, coral and Ensemble consists of porcelainized tub, vitreous china basin and stain-proof toilet. 52' will o 20 J: OFF LESS RETAIL Do-It-Yourself DECOR SHELVING posed to ensure that any recovery of original costs for milk or other agricultural marketing quotas will not be taxed. Changes in the income tax regulations will increase to 20 percent, the rate of Capital Cost Allowance, for farm facilities acquired after February 19, 1973 which are silos used to make and store silage or facilities used to store fruits and vegetables under controlled temperatures. SMALL BUSINESS DEDUCTIONS Inelgible investment test repealed. A corporation, en- joying the Small Business Deduction is free to re-invest earnings without restrictions and this' amendment repels the test effective January 1, 1972. Mr: Turner also in- dicated in his Budget Speech that the Government is deeply concerned about the problems facing small business today and that later in this session of Parliament, the Government will announce its specific pro- posals for assistance to this category of enternrise Easy to assemble sturdy steel frames and shelf brackets. Ad just- able shelves. ADVERTISED PRICES ARE * New Homes * Cottages Alterations Farm Bldgs LI CLELT Rec. Rooms TO GIVE YOU CASH and CARRY MEMBER OF MORE VALUE FOR YOUR MONEY

Powered by / Alimenté par VITA Toolkit
Privacy Policy