Why Canadians need income trusts: The yield on 10 year Canada’s over the past 20 years (above).
Jim Flaherty thinks its all about the pension funds and not the 75% of Canadians who don't belong to an employer pension plan.
Jim Flaherty thinks its all abuyt the Tecahers' of this country and their cries of:
"We must find long-term investments [like BCE] that provide good cash flow into the future," Jim Leech, senior vice-president of Teachers'.
Guess what Jim, we all need "investments that provide good cash flow into the future".
So why did you steal ours out from under us when you said you wouldn't? So why did you give the pension plans a holiday from the 31.5% trust tax?
Are the pension funds more important than us? How can that constitute a "tax fairness plan" or a "leveling of the playing field'?
What is your answer? We are dying to know.
Tuesday, August 12, 2008
Posted by Fillibluster at 12:47 PM