Whitby Free Press, 30 Apr 1980, p. 22

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PAGE 22. J*EDNESDAY. APRI L 30, 1980, WHITBY FRFF PRESS No tax increases and breaks for seniors and business make good budget:, Ashe By MICHAEL KNELL it is heading towards the energy went on to say that ce and to small business. A [1. EP ( EF'ree Press Staff government's aim of the budget, handed dc>vn Ashe sald that the bu( 9i.lEAG For the first time in 10 establishing a balanced last Tuesday, offered would give pensioners cr IIIl :* LiIlllI years, the Government of budget by 1981.________ ýl Ontario will flot increase Ashe, a Progressive Con-________________________ 0 N T A R 1 O0tL T 0-O A L T O R taxes and this has brought servative, also said that the Ismiles to the faces of almost budget show "fiscal respon- /~~~ ~ vr Wel hl ak teay ILV including sibility. " Asn1. y."ar ~na"nvrv ti PRICED FOR QUICK SALE - 55,900..- WHITBY . This home ls absoluely spotless! Situated on quiet court, close to school. 3 bedroomns, rec room, fireplace, garage. Good financing may be assumed. Hutryl Cail GORD JACKSON 666-1333. YOU'LL THINK YOU'RE IN THE COUNTRYI - When you relax beside the inground pool discreetly set among mature trees & professional landscaping. lm- maculate 3 bedroom home in quiet sought-after area of Whitby $67,900. GORD JACKSON 666-1333. WHITBY - $81,500 - Attractive- 3 bedroom, 2 storey home - In one of our most desirable areas - many extra features. Don't miss this one - Even a-i f inancing. Cali ROSE MARIE GIBBARD 666-1333. LOVELY & LOADED - WHITBY - Count 'Em! lnground heated pool, central air, rec room, bar, separate dining room, eat-in kitchen, walkout f rom master to large patio, 3 bedroomn backsplit and more! $69,900. GORD JACKSON 666-1333. WHfITBY OFFICE 601 DUNDAS ST. WEST, WHITBY, ONT. WHITBY: 666-1333, TORONTO: 686-1979 Coest4to C"as MEAL E8IUNVICEV In a recent telephone in- terview Ashe said that it was a "4very acceptable and at- tractive budget" adding that idget -redit increases whatsoever," he said. The parliamentary assistant to the ministry of GEORGE assistance to the 8W,000 senior citizens in the provin- COniv668-6221 GDLD JACKET REÀLTY LTD. 683-6221 824 Brock St. N., Whitby Back split with kitchen overlooking famlly room with fireplace. 11V2 bath. 120 deep lot, garage, 101/4% lst mor- tgage. $65,900. Century 21, Gold Jacket Realty Ltd. 668- 6221. RAISED BUNGALOW $66,900. 3 bedrooms with fourth down. Sun deck frorMi kitchen. Fireplace ln family room. At- tached garage. Low interest mortgage. Pay $529 P.lT. H ELEN COUTURE 668-6221. $36,900 FULL PRICE. Near Cowan Park. 2 storey brick home 3 bedrooms, living room and family room. Large lot and garage. Vendor will hold mortgage on this well nalntalned home. BOB JACKSON Century 21 'Gold Jacket Realty 668- 6221. Oversize lot 101/4 % lst mortgage. 3 bath, 3 bedrooms, garage, plus f in. rec room with fireplace. $63,900. Century 21 Gold Jacket Realty Ltd. 668-6221. lielitn APARTMENT' RENTALS e 1 4 Locations e Reosonable Rents e Managed Locolly e Avoulable immedictely Cali: 579-1626 576-6956 Evenings: 579-1 629 ASilE, MPP on their property and in- corne taxes. "'Anything Up to $500 (in property taxes) wiil be paid by the Province of Ontario," Ashe said adding that the money wifl be sent dlrectly to seniors rather than them having to wait until they file their tax forms at the end of the year. Senior citizens who rent their homes will not be left out in the cold under this plan. Ashe said that these people will receive 20 per cent of their rent, also up to $500, to compensate for the property tax they pay. Seniors will also receive a sales tax refund of $50 and an increase in the guar- nateed annual income gran- ts of $10 for a single person and $20 per couple. The other area to benefît under Ontario Treasurer Frank Miller's budget are small business. The government, Ashe said, will introduce an in- vestment tax credit and a reduction in capital taxes. Under the proposai, small business will have to pay only $100 fiat tax if their business grosses between $100,000 and $1 million a year. Previously, businesses who grossed Up to $100,000 paid a $50 tax and after that the tax was prorated. Ashe estimates that under this scheme " -150,000 business will pay $100 or less" in capital tax. "This budget is directed for and geared to small business," he said. Small business will alos receive tax cpedts equalling 20 per cent of the depreciated cost of new assets Up to a maximum of $3,000, Ashe said. The fee that the province pays retailers for collecting the retail sales tax wiIl also increase from $700 to $1,000 this year, Ashe noted. Ashe also expressed hîs confidence that the budget will provide much needed assistance to senior citizens and small business. THE HEART FUND -g Icw D.W.MýCQUAY 103 DUNDAS ST. W. , WHITBY 668-5868 BROOKLIN On popular Way Road. Ten room 11/2 storey brick centre hall plan with large 2 car attached garage. Main floor features living room wlth fireplace, dining room, eat-in ktchen, family room, den, 3 piece bathroom, and utility room. Second floor has 4 large bedrooms and 4 piece bathroom. Lot 85' x 161'. Home overlooks greenbelt area across the street. Hurry on this one. Caîl DON McQUAY 668-5868, Res. 668-6743.

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