In today’s Ottawa Citizen we learn that the “Party faithful are set to pick economy as next hot-button election issue.”
It’s one thing to advance a concept. Quite another to prove it.
If the opposition parties are intent on making Canadians aware of the fiscal incompetence of the Harper government, the income trust tax affords the opposition parties with the perfect “proof of concept” example.
The concept being that Harper is fiscally incompetent and deceitful to boot
Virtually every Canadian voter is aware of the income trust issue and the loss of savings that many Canadian experienced from this election flip flop. Many Canadians harbour the belief that Stephen Harper was compelled to act in the manner that he did.
This widespread belief is only reflective of the success with which Stephen Harper and the CON party were able to advance the “big lie”, known as tax leakage.
The Big Lie can easily be laid to waste. And with it, the Harper government and any belief that they are competent managers of fiscal affairs or a party of integrity.
The first step is to acquaint Canadians with the fact that the only evidence of tax leakage is 18 pages of blacked out documents.
The next piece of evidence is that the government demand that these blacked out documents be returned, after they realized how much damaging information is contained.
The next step is to acquaint Canadian with the $65 billion in trust policy takeouts that have occurred, that have already induced $1.4 billion in tax leakage to solve an alleged $500 million tax leakage problem, that was never proven to exist on the first place.
Next is to acquaint Canadian with the knowledge that the Department of Finance knew this takeover outcome would occur.
The next step is to acquaint Canadians with who it is who benefits from this policy, namely Big Lifecos like Manulife and Power Corp’s Great West Life and London Life, foreign private equity firms like Brian Mulroney’s Blackstone Capital, foreign big oil firms like Abu Dhabi Energy and Hong Kong billionaires like Li Ka Shing.
Next in line is to acquaint Canadians with the role played by former Goldman Sachs investment banker, Mark Carney, who was catapulted into his present capacity of Governor of the Bank of Canada
The last step is to simply reveal tax leakage for the total fraud that it is. This matter is well underway, what with the Green Party’s call for an inquiry into alleged ax leakage. And answers to the following motion currently before the Finance Committee by Liberal MP Garth Turner:
"That this committee as soon as possible launch an inquiry into the unproven allegation by the Finance Minister that income trusts result in a loss of tax revenue to Ottawa, in light of reports that 70% of all recent trust purchasers are tax-exempt, while individual Canadian investors lost tens of billions of dollars, and therefore pay less tax, as a result of the government trust decision."
Wednesday, January 23, 2008
Posted by Fillibluster at 9:20 AM