THE B.C. LUMBER @ nun

March 22, 1943

YOUR 1942 AND 1943 INCOME TAX —

Tax Returns To Be Filed In June;*

‘Ruml Plan’: Soak Poorto Save the Rich

Average Wage Earner Will
Find Most of Taxes Paid

Under the new Federal budget one-half the total 1942 tax
of wage and salary earners is to be cancelled. Each taxpayer
will file an income tax form in June this year, in which he will
have to state his total income for 1942 and the total tax due
on it, He will then divide this: total tax by two to find the tax
which he is liable for. Then he will deduct the amounts which
he actually did pay during 1942, ie., the National Defense Tax
paid for the first eight months, and the deductions for income
tax made for the last four months. For wage earners with de-
pendents, the taxes already paid will, in almost all cases, cover
half the tax, and there may even be a'small refund due. Single
taxpayers and married taxpayers who have not enough sav-
ings committments to offset the compulsory savings part of the
tax will have part of the remaining half still to pay—one-third
of this adjustment must be paid when the tax form is filed next
June, and the remaining two-thirds before the end of the year.
For all salary and wage earners, then, the 1942 tax liability

will be completely settled by the end of 1943. .
‘The installments already paid injwhose only,source of income is

January, February and March will|f"0m small investments (the “wid-
Depieeceunentonrote anlar fo 240 CrPLans), and partly to

make the administration of the t
they will be increased to the full pee aed

system simpler. Higher investment
tax rate which would, in any case,|incomes (the source of most high

incomes) are treated very differ-
ently; one-half the tax must be
paid up during 1943, in much the
same way as for wage and salary
earners, and the remainder is to be
deferred until the death of the tax-
payer, and then paid out of his
estate.

Mr. Rumi, according to the “Fin-
ancial Post,” says that the Canadi-
an government has not adopted his
plan at all, but has really made a
capital levy. But most Canadians
will feel that it has provided a neat
solution for the problem of getting
on to a pay-as-you-go basis without
handing a substantial gift to the
small group with large incomes.

have come into effect in September.
The reason is that the deductions
so far in effect have not been at the
full rates set in 1942, but at 90 per
cent of those rates less the Na-
tional Defense Tax paid in the
early part of 1942, Since the full
rates are to apply for the whole
year of 1943, it is desiiable to start
paying them as early in the year
as possible. Even as it is, there
will be some amount to be made
up at the end of 1943, because the
full rate has not been deducted
during the first three months.
Investment income up to $3000
is treated the same way as_earned
income, partly to assist persons

@CI ARBITRATION BOARD SHOULD
BE COMPLETED NEXT WEEKEND

Completion of the Queen Charlotte Island arbitration,
which has only been able to meet on Saturdays for the past
six weeks due to Arthur Turner having to attend sessions of
the Legislative Assembly, is expected next week.

‘The board, which will commence
sittings this week will continue
through until all witnesses have
been heard and argument com-
pleted. Chairman Judge Harper,
Arthur Turner, MLA, union repre-

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sentative, and R. H. Tupper, K.C,
company representative, will then
report their award to the Federal
Department of Labor, which will
later be forwarded to the union as
well as the three companies,
namely, the Kelley Logging Com-
pany, the J. R. Morgan Logging
Company and Pacific Mills Ltd.

Position of the IWA in demand-
ing recognition of the union and
the consummation of a written
agreement dealing with wages,
hours and working conditions, will
be considerably strengthened as a
result of the enactment of amend-
ments to the ICA Act.

Sittings of the Arbitration Board,
however, will continue under the
provisions of the Federal Investiga-
tion and Disputes Act, which super-
cedes the Provincial Act in all war
industries,

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Tories already have sabotaged the
action on the Beveridge Report.

vital cohsequence to the whole war
jeffort, in the view of labor leaders,
since the bill seeks to improve the
wages and working conditions of
hundreds of thousands of workers
in industrial canteens,. hotels,
boarding houses and restaurants.
These conditions are such (a male
cook in an industrial canteen av-
erages $15 a week) that they en-
danger the efficiency not only of
the catering workers but of the
millions of workers in war indus-
tries.

|srupY URGED.

Purpose of the bill, which is
sponsored by Labor Minister Er-
nest Bevin, is to set up a commis-
sion to study conditions in the
catering trades industry (before the

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Home Front No Picnic
For British Unions Either

LONDON, Eng.—Britain’s trade unions are mobilizing their full strength to stop the Tory bloc in Par-
liament from preventing passage of the Catering Trades Bill now before the House of Commons. The

government’s fuel rationing scheme and have forced postponement of

Outcome of this struggle is of war the largest in Britain) and es- set national unity, and (2) that it

tablish Trade Boards where neces- would establish Bevin as dictator
sary to govern wage rates and of the industry. The real aims of
working conditions. ‘the trade associations, however,
In British industries where both were laid bare in the following
employers and workers are strong-' statement of the Joint Committee:
ly organized, wages are fixed by! “qt is possibly not a bad thing

collective bargaining between the
unions and trade associations con-
cerned. In many unorganized in-
dustries, Trade Boards established
by the government regulate wage
rates. 2

Catering remains a basically un-
organized industry. At the present
time, two unions, the General and
Municipal Workers and the Distrib-
utive and Allied Workers, are en-
gaged in an organizing campaign
among food workers.
REAL AIMS.

Main arguments of the opponents
of the bill are (1) that it is a “con-
troversial issue” calculated to up-

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to haye some portion of the in-
dustrial field remaining in which
employers and employees may be
free to make their own bargains,
so that those who do not care for
trade union or bureaucratic regu-
lation may be able to live their
own lives as they want to in this
supposedly free country.”

“Wages and conditions in the;
catering industry, always notori-
ously bad, are now a threat to the
war effort,” Tom Williamson, na-
tional industrial officer of thel
NUGMW, recently declared. “Or
ganization of the workers is no
an absolute essential.”

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