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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - May 9, 1972, Lethbridge, Alberta 6 THE LETHBRIDGE HEBAID TuBidciy. Mciy 1972 GM rcca to correct Ombudsman boost 'Rough edges' turn up in lax act DETROIT (AIM Motors Corp. aiimmriml Mon- day it Is rcrnilmg Chev- rolet Yogas lo cm reel a prob- lem u'hich conlil cause Ihe throttle to stick partially open. The recall, involving 1971 and West Germany plans sliitly on Baffin Island ST. CATHARINES, Ont. (CP) The West German govern- ment is financing an arctic nav- igation study on Baffin Island this summer. The study will compile data lo help ship captains gel their car- goes safely through the norlli- ern ice tields. It will be car- ried oil', by rcseapL'h teams from Brock TimCM'sity in St. Ca- tharines and the of Munster in West Germany. Six Canadian students will accom- pany the German teams and some Germans the Canadiaan. models cmuppccl viih sin- glc-bnrrel carburetors, is a stanlial proportion of all Vegas built since production of Ihi' sub-compact began in llie fall of Chevrolet Division said own- ers of the cars are being asked lo lake Ihcm to dealers for in- stallation of an extra bracket to support the carburetor idle slop solenoid. The .solenoid controls Ihe throttle opening at idle. The installations will be made al no cost to the car owner. The division said it has re- ceived 11 reports of bracket fail- ures, six of them involving stuck throlllcs. It said no acci- dents were reported as a result of Ihe failures. The division suggested that if the throttle slicks while Ihe car is in molion, Ihe drive should turn off the ignition while brak- ing lo slop the car. In Oshawo. Ont a spokesman for General Motors of Canada Ltd. said the company is recall- ing about Vegas although Canadian trailers have not re- ported throttle problems. I 111 salary j EDMONTON (Cl'l The of Albcnta ombudsman i George B. McClcllan be increased to from noi) a year by a bill to amend the Ombudsman Act given first reading in the legislature. Attorney General Merv Lcitch said Mr. McClellan's sal- ary will be increased to effective Jan. 1. 1971, and to SM.OUO a year effective Jan. 1972. Last month, the legislature approved the reappoinlment of I Mr. McClellau for a five-year period. i Mr. McClcllan, 6S, a former RCMP commissioner, was the first ombudsman appointed in Canada in 19G7. He has the task of investigating citizens' com- plaints against, unfair decisions by government agencies i The proposed amencim c n t s would also strengthen the role and position of the ombudsman by clarifying his right to ob- 1 lain government documents. OTTAWA (CPi The budget presented by Finance Minister John Turner i'i tlie Commons Monday pinpointed some ''rough edges" lhal have turned up in the government's revised version of the Income Tax Act. While lisling sonic immediate steps to counter what he called anomalies and instances of tho new tax law ''working in unin- tended Mr. Turner said he intends In keep a close eye on the workings of the new law and will make changes whcro necessary. The tax reform legislation, as (he government calls it, took cf- feet last Jan. 1 after rocky pas- sage through the Commons llmt ended just before the New Year. The government imposed a time limit on House debate to get it through. One of Ihe main provisions in the new tax law was introduc- tion of a tax on capital gains for the first time. The tax is as- sessed on half of any such gain. This tax and how it might af- fect charitable donations was the spur for one change. Despite an increase in deduct- ible charitable donations to 211 per cent of annual income from 10 per cent, Mr. Turner said, "there seems to be a general fear that gifts and bequests of appreciated property will be discouraged" where it is deemed that the gains tax should apply. He announced a relaxation in one the property to be given is not a substitute tor money, as in the case of land donated to a camp or hospital or art works given to a mu- seum. The persons making the dona- tion would be allowed to value the donation for lax purposes at any amount between its actual cost and its fair market value. Mr. Turner also said any sueh bequest would be considered to have been made during the tax year in which a donor died, al- lowing the value of the gift to be deducted in that year, up to the 20-per-cent limit. The gains tax applies at death of a taxpayer and Mr. Turner announced a change to make it easier for an estate to meet this. Taxes due in such an instance may be paid in six equal annual ir.sfalincuts instead of an imme- diate lump sum, the minister said. This should avoid some hardships, such as having to sell a chunk of the estate to pay the taxman. The budget contained simpli- fied procedures tor both individ- uals paid the previous year. Where there was a lax-rate change, a simple adjustment to year's taxes would he stipulated by regulation. GOODYEAR POLYSTEEL TIRE 2 STEEL BEITS for exlra Krnnglfl 4 PLIES OF POLYESTER for o irrooth ridn STRENGTH OF STEEL CORD BELTS, SMOOTHNESS OF POLYESTER CORD, IN A GREAT LONG-WEARING TIRE. This tire JR running over dozcnsof vicious hardened Ftcnl flrill bits. A match of steel against steel. And the tire keeps on going withouttoss of air. A brutally torturous way to demonstrate a tire? Granted. But that's the land of punishment tills GoodyearPolystcel tire took. steel cord to resist impact and penetration in the tread area. And so you don't feel you're riding on steel, we add a flexible polyester cord body for smoothness. Chances are, you'll nevernm over drill bits your tires. But if you're running on Goodyear Custom Power Cushion Polysteel tires, think of some of the nasty things you could run over- and come away as though it never happened. Steel for pro lection. Pol.ycstorfqr smooth ride. Both in one long-wearing tire. The new Custom Power Cushion i'olystceltirp. Ask for it by name. It's only from Goodyear. This .should end some ''tedious calculations" while still meeting Die fiscal obliga- tions. Another change is for damage awards held [or children pend- ing maturity. As the law stands, Mr. Turner said, tax treatment o[ income from damage awards is unclear. Income from trust funds set up for a child who received a damage Turner mentioned children wilh birth defects clue to the moth- er's use of the tranquillizer fhal- he subject, to fax. WILL BE CIMMiEU This was undesirable and the law would be changed to make such income exempt from tax until the recipient reached ago 21. Mr. Turner also mentioned an "unintended loophole" that has cropped up whore, within a cor- porate group, business income can listed as investmerA in- come to take advantage of a half Lax refund available for certain forms of investment. An amendment is coming which will close Mils off and assure, in the 1973 fax year, that business income is so listed, the minister said. Pending completion of a gov- ernment review, Mr. Turner an- nounced postponement until 1975 of proposed tax treatment of in- come earned abroad by Canadi- ans. They originally were to go into effect in 1973. After meetings with con- cerned taxpayers, Mr. Turner said he has been persuaded that as drafted, the rules "may pro- duce unintended results in par- ticular The postpone- ment would allow a complete review and lime to ensure there is no interference with the "suc- cess1 of our exporters, our Cana- dian-based multinational corpo- rations and our international en- trepreneurs The minister also concluded some rules governing a tax- payer who leaves Canada may be "too harsh." As written, the law either as- sesses a capital gains tax when the pci-son leaves, as though he had sold all his Canadian prop- erty, or allows him to decide to pay the Canadian tax only when lie actually disposes of the prop- erty. But in this latter case, when he docs sell he must report his income for that year as if he had continued to be a Canadian resident. This would he changed to allow a leaving resident to pay assessed taxes in six equal an- nual payments as long as he posted sufficient security. Or he could list his property as taxa- ble Canadian properly and, when he sold it, pay on the ac- tual gain realized. In order not to discourage for- eigners wilh valuable skills from working in Canada for short periods, Mr. Turner also said anyone who has not been a Canadian resident for more than 35 mcnlhs over fbe pre- vious 10 years will be exempt from any accrued gains on property he owned when he came to Canada. Except where he specified dif- ferent dates, all changes ara effective immediately, Mr. Turner said. Unified music policy is sought THt GOODYEAR TIRE nUBBEH COMPANY OF CANADA, LIMITED, TORONTO 14, ONT. BANFF (CP) The ot music and culture dian Music Council the use of increased leisure government assurances that its deliberations would time will cither en- be filed and or destroy our people. We No specific promises wore to do something about it sued for the Ili5 delegates federal and provincial cutura officials agreed with tlio council in principle that music in Canada is more important than the support it now gets. Hurst, Schmid, Alberla culture minister, stressed Ihe UiN'CKRTAIN Ilov; close delegates came to their declared purpose helping. develop 3 unified music policy for Canada remains lui-crrlain. However, delegates prepared 45 resolulions for tlis consideration of fed- and provincial officials. C covered such matlcvs a.i the CBC a national tLf radio network, and philoso- matters such as the need the arts to reach all "socio-economic sectors" of the popu' olion. One concern voiced by dele- was lhat music in Canada co-ordinated. And there a feeling (hat organizations should be set up to various aspects ol EDMONTON (CP1 art. .ion Minisler Lou Hyndman has been a tremen- dicaled in the legislature growth in funding of the some major changes may said Andre Fortier, as- forthcoming soon in the area to Secretary of Stall elementary education in rcllctier. I think much more Is The changes will be liolh of governments in nancial and otherwise, future." iyndman said in advising Itoy ?arran (PC Calgary Schmid said "let's consider this conference the nuc e- Hill) that the whole area of of great things to come." mentary education is the government's attention a priority THE ONLY ZENITH Mr. Hyndman said there AID WITH increasing evidence that the area of educalion in HEARING one to six perhaps is more im-lorlant than had been new n the past. "Some say il has been ong on Ihe uoUoin of the "selects" calional lolcm pole the it is during (his six-year rl sounds where the die is basically you want 01 to hear! INDIAN Meantime. Boh Clark Olds Didsburyi introduced a bill which he said would facilitate a better education arrangement for Indian smallest bchind-ihc-car hearing aid Zenith ycl it can "listen" to tho sounds you want to hear, and "ignore" those you in (fie province. The opposition member's It sounds from the Ironl and de- would amend Ihe School net distracting. make it possible for the from Ihc rear. lion minisler, after for noisy lation wilh indian like crowded ivcs and school boards, gatherings. Eniire unit enter inlo agreements lo place Indian representatives loss than VI ounce. No oulsidc cotd or wires. school full details, mail Mr. ('kirk, a former bring Ihr's coupon lion minisler, said Ihe menls would also make if j sible lo make financial i oilier arrangements for transportation and schooling Indian i Truman Lily J INDEPENDENCE, Mo, Zip J er) Former president Harry S Truman oelcbralod bis AND TRYTHC NFW WLSTWOOD DlfltCTIONAL birthday at his home Monday reading congralulalory nrams and letters while LTD. friends gathered nl (lie Thorifra Bfdg. lel Muchlcbarh in Kansas for an annual IniK'honii in louor. Truman was reported be in excellent health and ;