Like you, Jim Flaherty is also a small businessman. I mean his business is small, and not his intellect or physical stature per se.
Flaherty's small business is called Flaherty Dow & Elliott. (FDE)
It's a law firm that specializes in the low end part of the legal profession....insurance litigation.....also known as ambulance chasing.
Flaherty's law firm is like every other law firm in Canada, of which there are about 60,000. You will be interested in knowing that Flaherty's law firm doesn't pay a cent in taxes. That's because FDE is an FTE.....a tax flow through entity.
Why can Flaherty's law firm benefit from the tax flow through structure and the publicly traded income trusts can not? Why can income trusts be held by pension funds and not be subject to Flaherty's draconian new 31.5% tax, and yet income trusts are subject to that tax when held inside an RRSP?
How arbitrary and unfair is that? How does any of this qualify as a Tax Fairness Plan?
If that's fairness, I want less of it. Plus I want back my portion of the $35 billion that Flaherty stole from me and 2.5 million other Canadians, returned, based on his unproven assertions of tax leakage.....as contained in 18 pages of blacked out documents.
Flaherty is a crook......assuming massive fraud is still a crime in Canada? The NDP are his criminal accomplices. I thought this government was going to tough on crime, as opposed to perpetrating crimes?
Sunday, July 20, 2008
Posted by Fillibluster at 9:57 PM