.......only to capitulate to the CCCE
"The government claims that income trusts enjoy an unfair tax advantage over corporate dividends. If they believe this, then the answer is not to shut down a valuable investment vehicle, but to cut the double taxation of dividends. In short, level the playing field and let the market decide between income trusts and dividend-paying companies.
As my party's finance critic, Monte Solberg, says, the success of income trusts represents a rare triumph for investors over the tax man. Let's not be so naive as to assume that the Liberals will do the right thing to protect taxpayers. We'll need to fight hard to keep what we have, and even harder to gain ground.
It's time to stand up to Paul Martin and stop his attack on seniors and investors."
Stephen Harper
Tuesday, July 8, 2008
How Stephen Harper stood up to Paul Martin
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"The government claims that income trusts enjoy an unfair tax advantage over corporate dividends. If they believe this, then the answer is not to shut down a valuable investment vehicle, but to cut the double taxation of dividends."
Now I remember why I voted for Harper---get rid of the double taxation of dividends.
The guy WAS brilliant & had the answer.
I wonder what happened---can we say Manu-life , Power Corp , BCE & a few others.
It appears that removing double taxation was not as important as lining the pockets of the big CEOs in this country.
once again , the little guy bites it big-time.
Dr Mike Popovich.
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