See: CKNW AM 980 Here
The question comes up at the 10:55 mark in the show.
To paraphrase, Ignatieff was asked by a listener (Leonard from Kelowna) whether in light of the economic slowdown, the Liberals intend to revisit income trusts as a means to restore investment activity.
Igantieff said that the Conservative’s trust tax was a disaster and that the Liberals have been on this issue now for two years. It was of particular harm to seniors. Flaherty’s argument of tax leakage was "fallacious", and that Flaherty ignores the payment of deferred taxes, as if to suggest they are never paid. Businesses had been harmed. Ignatieff mentioned he had met with a business leader in Vancouver the night before who said that Flaherty’s trust tax prevented his company from pursuing a major multi billion dollar transaction that would have allowed him to grow his company. Igantieff also commented on the harm that the trust tax had done in Alberta.
Bottom line: Ignatieff gets it big time. Surprising what you get when you combine intelligence with ethics and honesty. Almost makes you feel like this is “our country”.
Friday, January 16, 2009
Posted by Fillibluster at 4:07 PM