Winnipeg Free Press

Winnipeg Free Press (Newspaper) - May 25, 1985, Winnipeg, Manitoba 14 Winnipeg free May 1985 budget 85 opposition condemns tory budget extra tax making voters sorry for electing Liberal claims by Larry Mill Winnipeg free press Ottawa average Canadian taxpayers will be kicking them selves for having elected a tory government which now is sticking them with an extra yearly tax says Liberal finance critic Don in leading off the first of six Days of debate on thursdays Federal said that the tories have abandoned Middleon therond economic preaching and shown their True colors in the pro business Finan Cial Here we have a firs class exam pie of the celebrated trickle Down said referring to the righting notion that conces Sions to the wealthy indirectly Gen Erate benefits for people lower on the economic although finance minister Michael Wilson said that the budget would generate jobs by stimulating the Small business Johnston argued that Ottawa plan to slash spending by about billion this fiscal year would Dampen consumer exacerbate unemployment and drive up the deficit pegged at billion for we have witnessed a massive increase in Johnston told the Rise the budget raises net taxes Fly Johnston and nip critics argued that the Burden of that in crease stems from the new lifetime exemption of in capital catering to the that Bonus will Cost million this year and will be paid largely by Lowland Middle income earners who could never dream about amassing enough Money to qualify for the they com several other new measures will hit the poor harder than the they the excise tax on transportation fuels has climbed by two cents a new sales taxes Are to be imposed on soft pet health and Beauty care goods and the tax on cigarettes is to jump by More than 50 per cent to 72 cents for a pack of speaking of prime minister nip finance critic Nel son Riis told the commons during the budget debate the boy from Bale Comeau backed his Bay Street buddies All the Way to the because Wilson declined to Intro Duce a minimum tax this year an unspecified such measure is to take effect next Riis said Many wealthy canadians again this year will pay no income tax whats Oev unemployed worker Riis wondered aloud How excited the average unemployed worker would be that the government in tended let him earn in capital gains tax free Over a life the seniors of this country Are going to be paying for that capital gains tax Riis refer ring to the fact that old age Security payments will no longer be protected fully against Riis said he was most surprised that the budget failed to recognize that were listed As jobless in including Young i dont think the word youth was even mentioned in his Wilsons Riis noting ironically that this is International youth earlier in the my Rod Murphy complained that have not provinces such As Manitoba will have trouble pay ing for health care and other essential services when the government acts on its pledge to Cut billion from Transfer pay ments in it is ironic that the which is presently debating legislation reinstating some of the Money to our finance minister Michael Wilson receives ovation from conservative maps yesterday before the opposition began attacking his graph shows growth of have not including que Prince Edward is land and Nova As a result of Liberal government now learns that the conservatives intend to Cut further Transfer payments due under the existing formula by but Wilson defended the cuts As needed to bring Down the govern ments accumulated which is approaching with total spending that now exceeds we cannot make significant savings without examine the Best time to go Hue is when youre in die no one knows better than a health care expert that accidents and illness dont play if youre a doctor in private or any self employed you also know that youre probably not covered by a group health what you May not know is that Manitoba Blue Cross has an individual health plan that gives you comprehensive group Type the extended health Benefit plan covers Many services not provided by including semiprivate Hospital ambulance and prescription if the Heb plan from Manitoba Blue Cross sounds like just what the doctor Call 7750151 and ask for a be sure to apply the next deadline Date june Blue for being Manitoba Blue ing Transfer Wilson said in his budget these pro Grams now account for Over billion and Are growing Wilson said he would Honor a commitment not to reduce transfers this fiscal but that he would be seeking annual savings by the end of the a Federal official said reduced transfers would be entirely up for negotiation Between Ottawa and the provinces in the intervening new Democrat House Leader Ian Deans has demanded an investigation of the commons television coverage of Wilsons budget Deans said yesterday that com Mons cameras didst stick to Wilson but also showed conservative maps on the front benches a politically painless exercise Ottawa up the budget May have been Tough on individuals while generous to but finance minister Michael Wilson Doest be Lieve it will Hurt the conservatives i dont think he said Friday at a traditional pos budget luncheon with 1 think people understand that the things that were doing will create i think they will see in this budget that there is a positive attitude to wards the Small business commune people understand that Small businesses have been the greatest creators of jobs Over the past few he said Over a modest lunch of cold at the same time canadians will see the government plans to better manage its own he and they understand the need to Deal with the deficit which is forecast to be reduced this year to billion from the billion forecast last there will be people who will say id just As soon not have to pay that tax Here or that tax there but i think say Well maybe that the Price we have to Payfor living beyond our Means for a Long cant prove jobs but Wilson said he cant prove that the budget which contains billion in tax increases for this year and next and billion in government spending cuts will Lead to an in crease in in economists generally agree that if Money is pulled out of the whether through tax increases or reduced government the result will be a slow Down in economic growth and a loss of if Money is injected into the econ omy through tax cuts or increased government the opposite Wilson agreed that what so called econometric which Are computers used by economists to determine the Impact of Given actions on the would show As at least in the Short Model May show that if you increase the deficit next year to More jobs will be but if we let the deficit go to billion next year we Are just one year closer to dooms let Park sell your car or truck who needs the hassle you got it Park Pontiac May Newcum Sicul 1985 i rebid fuel rally special non Ruht service k1 and f or Manit ohans ss3ss ;