Winnipeg Free Press

Winnipeg Free Press (Newspaper) - October 5, 1955, Winnipeg, Manitoba Page 4 press wednesday october a 1955 More about tax rental continued from Page 1 a Workman with an Acety Lene Torch prepares to remove the foot High letters of the name Eva Peron from the Stern of a Argentine cargo ship in dry Dock in London eng. The vessel s new name will be the switch is part of the new Argentine government s Campaign to erase the name of Peron. Who was forced into exile by revolt from Argentine life. Members of the Crew watch the sym Bolic change. Portuguese influence brazils the Only South Ameri can country deriving its language and culture mainly from Portugal. Ont. Bargaining Quebec which has remained out Side the tax rental agreements stands to get Between and under the new arrangement. Indications were that the arrangement would be acceptable to Quebec. Premier Les Ilie Frost has been reported As Cri l tical of the new arrangement but there is a growing conviction Here that ultimately Ontario will accept the new arrangement after bar i gaining for some changes. But or. Frost told reporters that we Are never critical. O anything except what Money we get ourselves and we stand to. Get very Little the conference agreed tuesday to refer National health insurance a committee of provincial and Federal health and finance depart mental representatives. That com Mittee will meet thursday when it is expected it will decide to explore the Field Furt Lier attempting to assess what was involved in the Federal government s suggestions and Premier Leslie Frost s proposals. Want study Manitoba s representatives declared they prepared to Dis cuss the question to ascertain exactly what involved before committing that province to any National health insurance scheme. British Columbia Saskatchewan and Ontario have indicated a willingness to embark on such a scheme with the financial assist Ance of the Federal government. Quebec has declared it wants no part of it while the maritime pro Vinces have indicated that they feel it is beyond their financial Means unless Ottawa is prepared to raise its contributions. After preliminary discussions in the main conference on fiscal re lations the financial experts met m. Hurtig son were chosen by o the Canadian association of purchasing agents september e St. Paul s Parish Guild october e the Good neighbors club october 25th Fol ow6 there must be a reason Why More women choose fun from m. Son in separate session to hear details of the new Federal proposition. De Legates declined to discuss it in de Tail pointing out that the Federal proposition was to be revised arid submitted to the conference wednesday. They were agreed How Ever it appeared tax rental agree ments based on the present for Mula would cease to exist after the March 31, 1957 expiry Date. In their place the Federal government was proposing what pre Mier t. C. Douglas described As a tax collection payment basis under the Federal proposition payments would be made to the provincial treasuries by Ottawa determined by the amounts required to be added to the yield from a set of Standard taxes in that pro Vince to bring the Revenue per capita up to a specified level. The specified level was tentatively fixed at the weighted average of the yield per capita of the personal in come corporation and succession duty taxes Fields in Ontario and British Columbia. Each or Viri be would be free to decide if it wished to use any of the three direct taxes Sonal income tax corporation tax or succession to rent the exclusive use of All or any of them in that province to the Federal government. If a province agreed to maintain uniform tax rates and exemption Levels the Federal government would undertake to guarantee that province minimum revenues and possibly would make collections for the provinces. The question of collections by Ottawa would de Pend upon whether the province signed an agreement with the in Deral government. Consequently for the Canadian taxpayer it would mean he would be Only required to fill out one Ottawa collected the tax for the it would not mean double taxation. The total amount he paid in taxes would be no greater under that setup than under the present tax rental agreement. No extra Cost the discussions with the Finan Cial authorities have revealed the Federal government is suggesting the provinces Levy a personal in come tax of 10 per cent of the Over All collection and a Corpora Tion income tax of per cent. Ii the provinces accepted this proposal Ottawa s share of those tax Fields would be reduced by identical amounts so that the taxpayer paid no additional amount. Premier Maurice Duplessis is reported to be insisting that he be allowed under the new plan to Levy a corporation income tax of 10 per cent the Federal government May seek to Compromise with a nine per cent offer delegates suggested. As part of the Over All plan the Federal government would return to the provinces 50 per cent of Suc cession duties collected in each province. At present under the tax rental agreement All provinces except Ontario and Quebec have rented the succession duty tax Field to the Federal government. The revenues for the provinces from the above tax collections would be less than they can now obtain under the tax rental agree ment it is understood. The Federal government would undertake to make up the difference with equalization payments. Ont. Criticism under this plan Quebec and Bri Tish Columbia Are expected to be entitled to equalization payments while Ontario would not qualify. This has already aroused objections from Ontario. They criticize it on the grounds that it Means about for Quebec More than that province is now receiving because Quebec has not joined in the tax rental agreements. Finally under the Federal for Mula there May be a stabilization guarantee to ensure to each pro Vince that it would meet from such an arrangement the direct taxes and equalization Grants a certain minimum amount or floor below which its income would not fall. Prime minister St. Laurent described it As a that would not be even if general eco nomic conditions worsened to a degree otherwise make the arrangement. Work to a lower level. I this floor is not definitely decided it is understood. However it has been tentatively suggested that it might be 90 per cent of the province s Revenue from the direct taxes and equalization Grants shaving lather packed under. Pressure required the use of More than 42 million Container cans in 1954. Mace is oin mated a former . F. T. Mace has been nominated by the civil service commission for the position of assistant Deputy minister of veterans affairs it was announced by Hon. Hugues Lapointe minister of the depart ment. Col. Mace who is a chartered accountant joined the depart ment in 1948 As financial adviser and became director of finance purchasing and stores in 1953. He has been acting assistant Deputy minister since february of this year. Away go corns no other method does All this 1. Relieves pain in s Jiffy. 2. Removes corns one of the fastest ways known to medical science. 3. Slops corns before they can develop. 4. Prevents sore toes blisters. 5. Eases new or tight shoes. Get a Bor today at drug shoe dept., 5-101 store. 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