Monday, August 25, 2008
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CANADIAN ASSOCIATION OF INCOME TRUST INVESTORS WEBLOG
As you well know, the ‘income trust thing’ has grown beyond the question of whether fair taxes are paid on income from trusts. It’s become a giant dirty snowball, and as it rolls forward it accumulates more and more bulk. There are so many unanswered questions. Let's list a few and invite our "Accountable" government and our free press to provide some much-needed answers.
It is said “Trusts are inefficient use of capital. Why?” Two related questions are ‘Whose money is it, anyway?’, and ‘Do Canadian investors have a free and efficient market?’
How can information that is already in the public domain at SEDAR make for a state secret? How could such information be used to harm the Canadian national interest? And who would cause the harm?
Why won’t the Canadian media investigate the falsehoods and misrepresentations told by the Minister of Finance to a committee of Parliament? Was the Minister in contempt of Parliament?
Why won’t the Canadian media report (a) government tax revenues gained from BCE in 2006 when BCE was a corporation to (b) government tax revenues that would be gained in 2007 from BCE, if BCE had been allowed to proceed to a trust, and (c) government tax revenues that will be gained in 2007 from BCE, when BCE ownership has been carved up as 45% foreign ownership and 55% large Canadian pension fund ownership?
5 comments:
To use Harper's own words:
Canadian Seniors got Screwed when Harper shafted us out of our savings.
I believe this would make a great billboard and I would like to see a number of them across Canada. Are there any funds available for more billboards?
Is CAITI a "non-profit", and can these great bill-boards be shared across Canada? We need some out here on the left Coast...
Westerngrit:
Yes CAITI is a "not for profit" association. Please consider joining as a "Concerned Canadian".
Details here:
SteveHadHisChance.ca
Brent Fullard
Brent: The local CON Fascist Goof running to reclaim the seat he vacated here in the Cowichan Valley had a booth at the Cobble Hill Fair. When we approached him to talk about Harper's Income Trust betrayal we were referred to his "expert" who then proceeded to explain to us that it was all the fault of the bureaucrats in the Ministery of Finance. These lying SOB's have no shame! I know where I'd like to stick Lying Harper's own green shaft.
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