PPT UT Te CASTLEGAR NEWS, Thuraday, December 22, 1977 - ASTROLOGERS BRING GIFTS TO THE CHRIST CHILD = MATTHEW 2:1-12 From THE LIVING BIBLE Jesus was born in the town of Bethlehem, in Judea, during the reign of King Herod. At about that time some astrologers from eastern lands arrived in Jerusalem, asking, “Where is the newborn King of the Jews? for we have seen his star in far-off eastern lands, and we have come to worship him.” King Herod was deeply disturbed by their question, and all Jerusalem was filled with rumors. He called a meeting, of the Jewish religious leaders. “Did the (prophets tell us where the Messiah would be born?” he asked. “Yes, in Bethlehem,” they said, “for this is what the prophet Micah wrote: ‘O little town of Bethlehem, you are not just an unimportant Judean village, for a Gover-' . Hor shall rise from you to’rule my people Then “Herod sent a private message to the astrol- ogers, asking them to come to see’ him; at this. meet- ing he found out from them’ the exact time when they first saw the star, Then he. told them, “Go to Bethlehem and search“ for the child. And when you find him, come back and tell me so that I can go and worship him too!” . After.this interview the astrologers started out again. And look! The star appeared to them again, standing over Bethlehem, Ther joy ‘knew no bounds! lps cee roa Senet ‘ bys hake Lege WEF CEOS Se lrawals ¥ e Tax-Saving One more ‘nail has been hammered into the coffin of the registered retirement savings plan (RRSP) as a tax-saving device. ‘ * As predicted in a Personal Finance column earlier this year in the Vancouver Sun, income tax will be deducted from any lump sum withdraw- als from an RRSP, effective Jan, 1, 1978, The Vancouver paper has , apparently learned recently that a regulation requiring this deduction at source has reached Privy. Council level and is expected to be in force by Jan. 1, It won't matter if there isa. delay, as the new rule is retro- ive. Here's what it means to you. $10,000 in your plan and take + out the money after next Jan. 1,* you'll. get only $8,000. The other $2,000 will be withheld for tax purposes—just as income tax is deducted from your paycheque if you're an employee, At present, no tax is with- held on lump sum RRSP with- drawals, so you'd get the entire * $10,000. This means that if you were planning to take a few months off next year and were counting on the $10,000 in your RRSP to finance a trip, for example, you'd be $2,000 short, Depending on your income, you might get some or all of that $2,000 when you filed your tax return the following spring, © but that could mean waiting a year for the money. z On the other hand, many people might prefer to have the ' tax withheld when they get the money—rather than be faced with a large tax bill when they © file their return. Here are the withholding rates: Under $5,000, 10 per, cent; $5,000 to $16,000, 20 per cent; and over $15,000, 30 per cent. Actually, it's surprising "that the tax department ever "Merry Christmas and all the best for the New Year From George, Laverne, Sam, Ed and Ann at GIS Electronics! If, for example, you have | - Regulations Undermine Device allowed RRSP lump sums to be paid without tax being with- held. In general, the depart- ment's attitude is pay-as-you- earn, You might not like having tax withheld, but the tax department sees no reason why it should wait for its share of your income. “We've had no objections from anyone,” said a tax official in Ottawa, “In fact, it’s surprising how many people have complained that tax wasn't withheld when they collected their Jump sum RRSPs, They didn't like to have to face the tax bill later.” There is one. exception to’ the withholding rule,” If you use your RRSP’ to buy a lifetime annuity, you may. fill out Form TD2, available from any district taxation office (most RRSP issuers should have the form, too). You give this form to your RRSP sponsor company, which allows the full amount of your RRSP. to be used to buy the lifetime annuity. ‘Local Minister Warns Of Uranium Hazards “West Kootenay, seitlzens should be very interested in * what happens with the Denison Mines application to mine ura- nium in Clearwater because-we could be next,” said the Rev. Ted Bristow of Castlegar this week, “Survey, maps show radio- active occurrences a. line . from Slocan to Trail,” said Bris- tow, spokesman for, the Koote- nay Presbytery of the United Church, . “That might eventually mean an application to mine vranlum here, with all the dangers for future generations that go with the dumping of radioactive. wastes.” . ‘The Clearwater application © is being opposed by several: groups, including the United Church, who see present safe- against radioactive pol- lution as grossly insufficient. The Clearwater: develop- ment would create: a 47-acre radioactive tailings pond only 800 feet from the North Thomp- son River but the half-life of Radium 226 is 1,620 years. Opponents to the scheme point out the North Thompson Pancake Breakfast Starts. Church Events Calvary Baptist . Church began its schedule of Christmas events Sunday morning of last week with a pancake breakfast: at the church, followed. by the * annual Sunday: School Christ- mas concert. Each Sunday School class participated, with presentations of musical num- bers and recitations. : “The “Music of His Coming” was the theme of Sunday night’s ‘musicale. The church choir sang many traditional and new Christmas carols plus songs relating to the second coming of Christ. Solos, duets ‘and instrumental numbers were also featured. All Sunday School classes _ enjoyed a “winter ‘picnic’ on Saturday,’ with an hour of:, skating atthe Old Arena, followed by a supper of hot- dogs, . hamburgers and. hot chocolate. December's “Adult Fellow’ ship” was a Christmas smorgas- bord dinner followed by a carol sing and a message by Pastor. The public is invited to the Christmas Eve service at 7 p.m., when carols will be sung and special. musical numbers will be presented. Christmas and New Year's Sunday will have one family service at 10:30 a.m., instead of both Sunday School and church, ‘Model GB 718 River is young and unstable, ; and that flooding and mud slides are conceivable, They feel that provinelal pollution standards are inadequate to face this danger. Opponents