Friday, February 29, 2008

My correspondence from Stephen Harper


Now you know why I never got past the second paragraph of this slimy letter from Stephen Harper dated November 24, 2006, at the point in the letter where the Harpster proclaimed “Canadians must trust.”

What unmitigated nonsense and utter crap: Canadians must trust.

Goodbye Stephen Harper. You are toast-man. Never again will your dark shadow of corruption cast its sinister rays over the future of this country.

Get stuffed and put a sock in it, is my response to both you and your letter. Stop trying to exploit Canadians' predisposition to trusting, as you cynically attempt to pull off your inherently corrupt agenda.

November 24, 2006

Dear Mr. Fullard:

Thank you for your e-mail message regarding the government's decision on income trusts. I am pleased to have this opportunity to respond.

I understand your disappointment with this decision. We recognize that Canadian investors, including many pensioners and seniors, have made important investments over the years and benefit from the current income trust structure. However, Canadians must trust that their government is watching out for them and is upholding the values that define us, like fairness. They expect us to fix problems, right injustices and close loopholes.


As you know, over the past few months we have seen a clear tax avoidance. trend in the creation of new income trusts. Corporations are converting to these structures and the decisions are based largely on tax considerations. The sheer number and size of the Canadian companies attempting to gain short-term tax benefits was threatening Canada's long-term economic growth. Corporations have used this tax rule to create an economic distortion. This year alone there have been almost $70 billion in new income trust announcements.

Canada's New Government strongly believes that the tax system must be progressive, fair and competitive. It must provide the right incentives to create an economic advantage for companies to invest and grow. The tax system must create an advantage for Canada, not an unfair advantage for some Canadian corporate taxpayers. The current income trust situation is not fair.

When corporations don't pay their share of taxes, this burden is shifted on to the shoulders of hardworking individuals and families. We have taken decisive action to protect the best interests of all Canadians. Our Tax Fairness Plan will restore balance to the federal tax system and level the playing field between income trusts and corporations.

Our plan is the result of months of careful consultation and evaluation. The measures we have chosen represent a major tax reduction. The Tax Fairness Plan will deliver over $1 billion of tax relief annually to Canadians. The plan includes:

1) A distribution tax on distributions from publicly traded income trusts.

2) A reduction of the general corporate income tax rate of one half percentage point effective January 1, 2011.

3) An increase in the Age Credit Amount by $1000 from $4,066 to $5,066 effective January 1, 2006. This measure will provide tax relief for low and middle income seniors.

4) The government will permit income splitting for pensioners beginning in 2007. This will significantly enhance the incentives to save and invest for family retirement security.

The Tax Fairness Plan restores balance and fairness to Canada's tax system. It will ensure that our economy grows and prospers, while bringing Canada in line with other jurisdictions. It is the responsibility of the Government of Canada, not corporate tax planners, to set our nation's tax policy. Taxes must not be shifted unfairly onto the shoulders of individuals and families. We have developed a plan that upholds the value of fairness and delivers major positive changes in tax policy.

Once again, thank you for taking the time to share your thoughts. I invite you to visit the Department of Finance website at http://www.fin.gc.ca/news06/06-061e.html for full details regarding the Tax Fairness Plan.

Sincerely,


The Rt. Hon. Stephen Harper, P.C., M.P.
Prime Minister of Canada

3 comments:

nineofiveland said...

Hey .. we are getting comments now on this blog from Steve lovers .. can they be worried? Time to load Steve, Jimmy, John, Tony and Bev on the Dayliner to Peterborough .. no wait that's not fair to Peterborough .. just boot them out of office!

Dr Mike said...

What a load!!!!!!!!!!!!

Trust has to be earned & these guys are nothing more than wolves in sheep`s clothing.

Sure Steve---I never owned an income trust unit until you & my Local Conservative member assured me that you would not tax them.

Next thing I know , you were taxing them & I had lost a wack of cash.

That certainly instills my desire to trust you.

As I said before , what a load.

You can take your whole band of marauders & take a hike--I have no patience for you or your nonsense.

Dr Mike.

Once a tory always a fool said...

It's time to have a couple of investigations concerning the Tory slush puppies.

The slush is the $1 million or $4 million that sloshes around in the bilge of the Sloop John A. The Libs and Dippers have been tight for funds, but not the Tories. Where does all the Tory money come from?

Who said "From thousands and thousands of party faithfull Mariannes who dutifully sent $5 or $10 every payday." Well, I don't believe that.

Now as for puppies, those are the waggy things that follow the PM to Mexico and other venues.

Isn't it strange that the Harper Tories can drop $1 million anytime a couple days before a division bell?