MORGAN AT VICTORIA HEARING a for a new, more equitable Wiced of property taxation was iP iy this week by Communist | ee oary Nigel Morgan, in a as for hearings on oi ai and taxation of real ting.) eld by the select stan- Pe umittee on municipal Delta encer the chairmanship of The LA Carl Liden. sted Committee has been in- Makin With the responsibility of a recommendations aimed bixatio Mping the whole property x n system and the hearings tering Major importance con- bie the 20-year legacy of taxa ot under which property Weight N became increasingly €d in favor of big business. brie oe the Communist Party’s iyi a gan emphasized the need Cond; € the book on the chaotic Previog created by the itiate S government and to ton} hew policies which would Would pee fair.and equitable but Sem, SO be understandable to ~ the Ost affected by the policies eoxbayers. bxatio. agreeing with the basis for Ment N which the NDP govern- tay: ppbears to have adopted — + on Value which is arrived at the min Iplying the assessment by ee — Morgan pointed out have ee complicating factors Nngje» fated an ‘‘assessment iMleme nich has been difficult to Wnderstane and more: difficult to tain ‘i Special regulations on itso Ypes of land, legislative Var — assessment increases and Inequit €xemptions coupled with haya ale government grants Moblems aggravated assessment tions” =r ih re ental principle advanced Called oOmmunist Party’s brief {uy vale appraisal of property at The cae as a “going concern.” Deeg oun is designed to end the Sn sualities and establish essment a fair system of event. that 2 System rests on the principle all ce the land it sits on and “Onstitut Services it requires to € a living unit capable of om ~HYTRO HNATIUK ... 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Its assessed value, in turn, can readily be determined when the house is sold — the amount the buyer is willing to pay and the seller is willing to accept becomes the value. The system would end the present complex system of determining land values separate from building values and services provided. The brief stated that the same principle could be applied to in- dustrial or farm land. In each case, the property would be assessed as a “going concern,” taking into account the land, buildings, machinery used in the productive process and the services required. While there is a difference, in that the value cannot readily be determined by a constant market exchange as in the case of homes, nevertheless appraisal experts can still determine the value, the brief said. : For vacant homes or abandoned or disused property, the brief noted that a similar principle could apply. Experts could again determine the value which, although it would be less than a “going concern’, would still provide a valid basis for purposes of assessment. The Communist Party em- phasized that “there should be no tampering with the value as determined; no separating the various components with different formulae for each.” The brief also noted that, subject to normal appeal procedures, the assessor’s responsibility should end with assessment and political policies should take over in establishing the rate of taxation based on full value assessment. On the decisive question of taxation, the brief emphasized particularly ‘taxation in municipalities should be related to municipal services provided ... education, welfare, health and other services to the population should not be property related taxes at all, but rather should be related only to income with those e of 4 full octaves, f the world’s best baritones” t can be found in one singer s: Verdi, Rossini, inoff, Glinka, Meyerbeer, Kas, Yy —LOUGHEED VERNON Sunday, November 3 — 2:00 p.m. RECREATIONAL COMPLEX Tickets ph. 545-1 361 most able to pay assuming the greatest share.”’ The brief called for the removal of education tax from any form of property with the cost of education to be met by the income tax; the removal of social welfare costs from property; the removal of health and physical fitness service costs from property, to be borne instead by an income related tax. “Tf we adopt this principle,”’ Morgan stated in outlining the Communist Party position, ‘‘then the taxation of real property for the new tax system financing of the services related to that property becomes a simple matter.”’ The brief pointed out that dif- ferent types of property obviously require different levels of service and various rates of taxation would have to be established, based on services required. Industry, which requires “back-up fire protection,” high volume water service and round-the-clock snow removal would have to pay a higher rate of _ tax than a home, for example. Of central importance in the Communist Party’s recom- mendations on taxation was the principle that all added values on property created by rezoning accrue to society as a whole. The submission cited the example of the CPR property. on the north shore of False Creek which, as a result of rezoning, jumped in value from some $5 million to over $100 million. ‘‘The CPR did nothing to create these added values,’’ the brief declared. ‘‘They became possible only because of the development of the surrounding area (an act of society) and » rezoning (an act by city council). “These values should come back to the community by the imposition of city or municipal councils of a 100% added-value tax.” In urging government adoption of the principles embodied in the brief, Morgan emphasized that it would provide a “‘fair, equitable and easily understood method of assessment for all property” as well as ‘‘a rational and equitable method of taxation, considerably more related to the services required and the ability to pay.” NDP gov't may take action against optical monopoly The NDP government in B.C. is looking into the possibility of going into the optical business because of monopoly practices which are hurting the public. This was in- - dicated last’ week when health minister Dennis Cocke spoke to a meeting of the B.C. Optometrists Association. He said prices for eyeglasses are high because ‘‘one or two’’ com- panies control the optical industry and that everyone should have access to glasses at reasonable prices. “This monopoly cartel, this big combine — whatever I call them — gets away with these high prices.” Brandishing his own glasses, Cocke said they cost him $65 and that after looking into what the real cost should be he said they should be about $30. The figure used by the health minister is borne out by a survey of the optical industry recently made by the Saskat- chewan government, and a series of articles published a few months ago in the Toronto Globe and Mail, They concluded that most Canadians are being ripped off by as much as two to three times more than they need pay for eyeglasses. The giant monopoly which dominates the optical industry in Canada was identified as Imperial Optical Co. Ltd. by the Globe and Mail which said that most eyeglass buyers are not aware they are in -the grip of Imperial Optical because the firm operates under 300 different corporate names. The Saskatchewan government study showed that about 90 per cent of optical firms across Canada are Imperial-owned and that Imperial insists that its outlets buy 85 per cent of their goods from the firm — or else. With factories and retail stores in Canada and the West Indies, and marketing and patent-licensing arrangements around the world, Imperial is one of the world’s half- dozen biggest optical firms. The company was founded in 1900 in Canada by Percy Hermant and has a monopoly stranglehold on the Tee “WHAT A SWEET RACKET! WE DON'T 0 NOTHIN? AND WE GET PAID PLENTY FoR DoIN? rr I> industry with retail outlets owned by the firm operating disguised as independents under a variety of names. Action at the provincial government level to break the grip of this optical octopus is long overdue. The public will welcome the statement of health minister Cocke and should press the NDP government to take early action. PACIFIC TRIBUNE—FRIDAY, OCTOBER 11, 1974—Page 3 Hl