HomeMy WebLinkAboutZurich Citizens News, 1972-11-16, Page 5THURSDAY, NOVEMBER 16, 1972
Elect slate for
Zurich Chamber
A new slate of officers for
the Zurich and District Chamber
of Commerce was proposed at
the regular dinner meeting of
the organization last Thursday
night. The slate was presented
by the nominating committee,
made up of past presidents
Glen Thiel, Leory Thiel and
Keith Westlake.
Re-elected for a second term
as president of the organization
was Herb Turkheim, while first
vice-president will be Leo
Meidinger. The second vice-
president is James Hogg.
John R. Consitt was returned
to office of secretary, while
Harold Soper will take care of
the treasurer's position.
The executive council for
1973 will be Douglas Armstrong,
chairman; Fred Habere;, Harvey
Hohner, Robert Westlake,
Josef Risi, Bob Johnston, Ken
McCarter, George Haggitt, Ray
McKinnon, Jack Hamilton, Rev.
A. C, Blackwell and Oscar Greb.
Official installation of the
new slate of officers will take
place at the first meeting in
the new year.
In other business at the meet-
ing, final plans were outlined
for the annual Ladies Nite of
the organization, which will
take place at Pineridge Chalet
on Wednesday, .December 6.
0
Surprised!
Over the years we have
heard of many strange articles
being found in many strange
places, but one of the strangest
of them all was brought to the
attention of the Citizens News
on Tuesday of this week.
Mrs. Clarence Schade, of
the 14th concession, Hay Town-
ship, was dipping a supply of
potatoes out of a bag when she
came across a small transistor
radio. The radio apparently
was nicely packed among the
potatoes.
Mr. Schade told the Citizens
News he had purchased the pot-
atoes from Wilfred Mousseau,
R. R. 2, Hensall, and was on his
way to return the package to
him. It was not known whether
the radio belonged to Mr.
Mousseau or not, but by press
time next week we will be
able to advise our readers furth-
er on this matter.
ZURICH CITIZENS NEW
New tax credit system
Low income families in Ont-
ario will be able to recover
up to 42 per cent of their
1972 property taxes through
income tax refunds financed by
the Ontario Government.
The impact of the Ontario
Program is shown in a staff
paper made public this week
by Treasurer Charles, S. Mac -
Naughton who said it justifies
government concern over, and
action to offset, the regressive
effect of property taxation,
Using Guelph, which is rep-
resentative of the province as
a whole, the study found prop-
erty tax credits for 1972 will
range from $123 for low income
families to $50 for those earn-
ing between $10, 000 and $12,
000. Maximum credit is $250.
Mr. MacNaughton said the
property tax credit plan was
introduced in the 1972 budget
as part of the government's
continuing effort to make tax-
ation more equitable. The
study, he said, shows the credits
made the combined burden of
income and property taxes cor-
respond more closely to the
ability to pay,
The property tax credits repl-
ace the basic shelter grants
which have been in effect in
Ontario since 1968.
Property owners in Ontario
will be able to claim $90 plus
10 per cent of their property
taxes less one per cent of their
taxable income when they file
income tax returns early in
the New Year. Tenants will be
able to claim $90 plus two per
cent of their rent less one per
cent of taxable income in
determining their property tax
credit.
Along with tax credits, two
additional programs are being
continued this year. the 25 per
cent farm tax rebates and the
$50 to $100 supplementary tax
relief grants to needy pensioners.
Eventually efforts will be made
to incorporate special relief for
About People
Mr, and Mrs. Roger Foley
and children, of London, and
Mr. and Mrs. Bill Davidson of
the Goshen Line, spent Sunday
at the home of Mr. and Mrs.
William Witmer.
Miss Bonnie Stevens, of Mont-
real, spent the weekend with
Miss Donna Schilbe,
GRAND E
BACKROO
CL ! THING
BOUTIQUE
47 MAIN STREET 238-2358
Pre -Christmas
Prices slashed on GWC Levis, Baggies, Blazers,
Long Dresses, Pant Suits, Shoes, Boots, etc.
LADIES DRESSES -$5 AND UP
SLACKS AND SWEATERS -HALF PRICE
Big Savings on
MENS * WOMEN'S * CHILDREN'S
Be Sure to look for our Dollar Table!
farmers and pensioners into the
tax credit system.
Until the Guelph study was
completed, Ontario lacked
conclusive evidence to support
many of the assumptions held
by most government leaders
and taxpayers. There has been
no comparable study elsewhere
although other programs in the
United States and Britain are
discussed in the report.
Guelph proved ideal for the
purpose because it is the first
major municipality where re-
assessment has been completed
by provincial assessors. Also,
the average property tax in
Guelph in 1969 was $374 comp-
ared with the provincial average
of $371 and the average gross
income there was $5, 348
compared with the Ontario av-
erage of $5, 622.
As well as demonstrating the
regressive effects of property
taxes, particularly on low in-
come families and pensioners,
the study showed that the tax
credit plan can be expanded
to other areas of tax reform.
HOTSON
PROPANE
Announce They Have Now
Added A Complete Lima of
HARDWARE
at their Grand Bend
Store
OVER 4,000 SQUARE FEET OF
DISPLAY SPACE
Complete Hardware For
• Home • Farm
• Commercial
Watch
Next Week's
Paper For Our
Thurs., ; .;ov, 23 to Sat., Nov. 25
OPEN THURS., FRI. AND SAT.
UNTIL 9:00 p.m.
R`' AINS GALORE
Gifts
Refreshments
o. son
GR til
BE
Highway 21 — 1 /2 Mile North
of Grand Bend