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TERRACE “Omineca’’: HERALD, TERRACE, B.C.

ERESIDENTIAL &
COMMERCIAL

Flooring

ae he eS

CARPETS"

_ Carter Findings Out -
After Four Years

(CP) —After four years ‘of investigations, the Car..
r royol commission on -taxation published its findings

last week,

| would -be abolished-in' fayor of | fi
‘considering. bequests and gifts |.

“Worst fears af. business.
world confirmed by Carter’ pto-

-posals,” read ‘one .headling,'on:

Saturday in prominent’ East
em paper;
There's a lot. of reading’ in

‘the report, totalling 2,600. Pages

in six’ volumes, and ‘80-year: ald
accountant ‘Kenneth’ LeM, “Cart!
er of Toronto, said he: thought’
Parliament would’ take at least
a.year to go over the: findings,
of the six commissioners: But.
the message: was- clear, |".
Under the principle of “ani
form taxation, regardless :* ‘of
how wealth is: acquired — by.
wage-earning, capital . gains, in-
vestment income or even a win
at bingo — the rich should be
taxed more and middle and low
income people Jess, than:. at
present, in. the commission's
judgement. Doctrinaire econ-
omic nationalism is disavowed
by the Carter. commission —
but still, were Its proposals in

|} force in 1964, Canadians would

have paid $49, 000,000 less. and

forelgn business interests $271, | :

000,000 more than they did, .
WANTS UNIFORM RULE .
A “comprehensive tax base’
is proposed ‘which would tax
capital gains, wages, fringe
benefit and even family allow-

surance, In correlation: family
units would be made the: basis
of tax caleulation, not individ:
ual earners or dividend drawers
and earnings; would be- averag-
ed over a five-year ‘period: ="
An exception to capital ‘gains
‘fax ~— which Canada ‘so. far: Ls
one of the few developed coun-
‘Arles not to have introduced —

$25,000 . on owner-occupied
farms and houses.”

“Income tax would go down
‘by between $40 to $80 for fam:
‘ily incomes between $4,000 ‘and
$10,000, In the highest income

increase of 14 per cent,
Corporation tax’ would ‘be
‘made a flat 80 per cent, Corpor-
ate and personal income taxes
would be correlated to elimin-|.
ate double taxation of share:
holders whe ‘investment in-
centives.in reduced taxation
would be replaced by rapid de-
preciation ‘allowarices for small
' businesses,
Co-ops and credit unions
would lose their present tex
Privileges,
Mining and oll depletion .al-
lowances ‘would be eliminated
and new mines would no longer
get the present ‘three-year “ax

holiday.”

Would be an - exemption . “of

brackets, there, would ‘be an.
‘made deductible for -

: Existing itt end death taxes:

as’ fficome, if: they came from
outside the family unit. ‘'Sub-
satitial. lifetime exemptions”
would | total’ $5,000 a head.

“The implementation. of this.|
measure would end estate taxes

‘on: bequests: “within the fantily.
But wheres person left the
basic famlly:‘unit — for exam-

Br eae ae te Ee ot -@ Mortgages available as low as 1094, doen

21 -or. marrying — his or her

shave of any gift or bequest

would become: taxable | 8 dn-
come: *

- Bixpense, “accounts. would get
a new end ‘careful - ful ‘serutlny, if

fmenea eh peat abu.

és Mnictir-
Ted. in earning a living might be
Income
tax purposes but entertainment
and travel claims would _be
strictly limited, .

The federal: provincial rela:
tionship would change in that
the provinces would collect all
‘sales taxes and Ottawa all cor:
poration and income taxes. Tha

commission recommends feder- |

al sales tax should be reduce
to seven from 12 per cent an
applied at the retail instead of
the wholesale level.

Lastly, replacement of the
Rational revenue department

E CENTENNIAL HOME SERIE
i 35 Beautiful. Designs

and your-‘own fot. +
© Beaver will arrange construction for ‘you.
© Factory quality “controlled

WALL PANELS — ROOF TRUSSES speed a

‘ gonstruction and cut labor costs. |

"© Beaver Homes exceed: V. L.A. and N. HAL

specifications.

“© Most completers vting — plurabing

— carpets —- Furniture Finished: kitchen
cabinets. .

FOR NEW HOMES BROCHURE

on SE ay '

CON STRASBOURG, Gex-2905, Torrees, B.C.
7 Phone. V1 23-4750

BEAVE

by a wholly independent; ‘non-
political tax-collection agency

PAGODA-STYLE coin telephone booth, one of three
installed by B.C. Telephone in Vancouver's Chinatown,
is examined above by Chinese Consul-General Chi- Ping
Peng, using telephone, and Dean Leung, o director of
.the Chinese Benevolent Association. The booths, first
of-their-kind in Canada, add to area’s oriental flavor.
Chinese lettering translates literatly as “electric voice
room. ’ Decorative piece at the top is a golden “Wo

* Chinese symbol- of good things. (Staley photo)

LINOLEUM”
CERAMICS
TILES

; : Guorantes installation .
7 . TERRACE _

ater 58 SRN + Ph V19-6842

‘New Warning, System |:

q" * John: H. “Erb,” Provincial

Defence, has been. advised by the’ Canada * Emergency

Measures Organization: of

At present, the System: con:
sists of two separate siren sig:
nals, the “Alert” and the “Take
Cover.” The agreement has
been based on ithe increasing
‘| probability of missile attack,

rather than on an initial attaci,
by bombing.

The new system will become
effective March 1,1967. It will
consist of only one signal, being

Coulter Electric Lid.

- CONTRACTORS

RESIDENTIAL

— COMMERCIAL

,"gonts for Wallace Neon and Neon Praducts.
FOR SERVICE AND ESTIMATES, PHONY: - -

bigs Bob Ramsay VI 3-2445 |

KITIMAT, N. COULTER. 1072

ett

a 1S. THE FINEST LOGGING
7 BOOT. IN ‘THE WORLD:

an agreement .with UW,S..

‘authorities to replace the existing National Survival.| |”
Attack Warning System, fa Wailing Candulating) note ory a

three to five minutes’ duration
on the sirens. The Siren warn-
ing signal may be supplement: |-
ed or siibstituted for, by short
blasts on horns, ringing of

church bells. or such other de- |.

vices as are deemed necessary
by Tocal heads of government.

known as the “ATTACK
WARNING” signal and will be
sounded ‘in national emergency
by the Canadian Armed Forces’
Nationa] Survival Attack Warn-
ing System on instractions from
the’ Government of Canada. It_
will mean an attack on ‘North
America has heen detected, or,
if repeated following an earlier
sounding, that lethial.. radioac-

ttive fallout from « nuclear  ex- |
‘]plosions is approaching, a par |

ticular area or region.
When the sirens sound, the

| public should. immediately seek |*

cover and ‘turn on their radios

“Hor further instructions,

The new - system ' will be |.

ances and unemployment in-

‘

Ca-ordinator . of ©. Civil |°

Ambassador és more car. In these

“ways.
The way it's built. The

‘The way it performs. The way it's

.-: ‘comfortable,
".  The.way it’s built.

| strength and durability.

laste slong. A lot longer.

Thovsends of welds
form sturdy box
S section members

The. entire: assembled

“through Seven rustproofing baths.-We :
‘dunk the: body right to the roofline,
‘Eve

reatment. “Deep-dipping is. far'supe-
ctior.to ‘the spraying used by many
“manufacturers, Look. Two. practice

“golf balis.” One sprayed,
Cute opens :

: Diopéd ball is:
coma coated, -

appearance inside...

Wei paiit Ambassador witha hairder, ’
riger-lasting’ acrylic enamel, Tt.

“bright tresists: fading.

. Tight, Rattle-free. Rustproof. Beauti-
fully: finished. It’s Singk-Unit Con-
.. struction--with Uniside. All of the
- body parts are welded together into
one -solid, single unit for greater

The Herald gets home to the people. Advertise, It pays!

Got3 minutes?

Well show you how
Ambassador gives yo

way it’s big.

interior. ~

The way it’s big.
Ambassador

thatramaintight '
and cattle. free,

body ‘goes

an honest 18,2 cu,

One dipped. _ The way it performs.

transmission.

and out,

“ _ Power loss.

We can show you thé same kind of
protective care a hundred times be-
fore Ambassador is completed, Here
are just three. A ceramic-armoured
muffler and exhaust system that resists
corrosion. Double weatherproofing
door seals to put an end to drafts and-
dust and seeping water. Plastic kick
panels to guard and beautify the

More room where you want it—in-
side. More maneuverability where
you need it—outside.

Ambassador sits six in all-day com-
fort. Three in the back can stretch
legs, move elbows and generally :
‘ spread themselves around. In fact, :
‘Ambassador has more rear seat leg .
room than any other: standard-size
car, The trunkis full-size, too. It takes

Outside, Ambassador has a turning
radius of 39’, It parks easily, It's the
Most maneuverable standard-size car.

With elan, With less gasoline. Withi
your choice of engines, With a Breat. Less driver fatigue
_ You get your choice of the industry’ $
newest and most modérn engines. En-
gines designed to fit your. kind of ©
driving. But these enginés have a
practical. gide,. too, They're all of
‘lightweight construction so they don’t
add needless extra pounds to the
" weight they have to pal There’ 5 less :

_Ambassadar DPL. One of Ambassador models,

The top performer is’ Ambassador's
280 hp, 4-barrel V-8 option. Other
options include 2 V-8’s and 2:high
performance Torque-Command 6's.
Ambassador’s automatic transmis-
sion has an advantage: a 3rd speed,
so the engine operates closer to peak.
performance for better passing power. .
Transmission options include Shift--°
Command, for manual or automatic
shifting and 4-on-the-floor.

haa

“ee

ft. of anything, |
Automatic
transmission

Coil: spring ride.

NEW E

Ambassador’ Typhoon ¥.8, Precision cast

ie =

) oN

with three forward Speeds.

The way it’s comfortable,

) In any car, there are’ ‘two primary

a comfort systems: suspension and
seating. :

Take the coil spring suspension.

+ One coil spring sits over every wheel. -~

Aik absorbs bumps and jolts like Pa vce

A sponge. It delivers a far Letter ride
than a leaf system.
g Take the seats. :

$ Coil springs are standard j in.every.

| Ambassador seat. Front and rear. |

They give even, restful support-and:

_ Stand up to years of use. Riding on
seats this well made can actually 1 re-
duce driver fatigue.

"| Colts have an
’ tidividual action
that provides evan,

- "Reclining seat
adusts allthe way °° Nig
. Back, : a

blockformare .

* basic (our. idea of basic) comfort ré-
quirements—all the way: to .an‘op-”
, Nional ‘Teclining: ‘seat . with .. safely.
_ headrest. It’s ‘one. of;,.
"Many small: ‘points
~ about Ambassador
». that you just: won't find on
Eo" _ other’ “standard-size -cars, “And”
“2 J when’ you-add them all” ‘up, ‘they're | .
what make Ambassador.a better cars. wok
, More car for your money. i mre
Worthwhile. thinking ‘about’ before

be _resttul support, | -

But Ambassador s seats go beyond ‘he: a

- (ortho reading for anyone about to spend around 3 grand o ona standard-size car)" ;

Coil spring seats, you buy a standard-size car’. "You bet." oe

your ir lifetime tatlshiotion it jal

es

"FOR DETAILS SEE YOUR AMERICAN MOTORS/RAMBLER DEALER. a

THE 1967 puoi ae |

AMERICAN MOTORS EANADAY UMITED:

- WHERE THE BASIC DIFFERENCE ISABETTER CAR

‘SEE THE i FULLSIRE NBASSADOR THE INTERMEDIATE REBEL, THE ECONOMICAL RAMBLER AMERICAN | AND SELECT u ED 2
A ATYOUR AMERICAN oT STENa DEALERS’, : cans