Friday, January 16, 2009

Ignatieff talks about income trusts on today's Bill Good radio show


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”.

4 comments:

Dr Mike said...

Ignatieff , finally a voice of reason in the wilderness of the "New" Conservative Canadian politics--a voice who does not believe just for the sake of believing.

We need to move Mr Ignatieff into 24 Sussex Drive to allow him to get to the bottom of this fiasco.

I am trying to imagine what 18 pages of un-blacked-out documents will look like.

Won`t be long now.

Goodbye Mr Harper.

Goodbye Mr Flaherty.

Who says that good guys can`t finish first.

Dr Mike Popovich.

Anonymous said...

"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”."



Amen to that Brent - no feckless blowdry this guy - gives hope and makes one proud to be a Canadian again.

Sunstone

Frankly Canadian said...

Fingers crossed!

Anonymous said...

Technicalities: if you just click "go", Windows Media Player won't find the right thing, or maybe won't find anything.

First set the time shown to 10AM, and make sure the date says "Jan.16". Then "go", then, in the W.M.P. window that comes up drag a spot at the left end of the thin bar showing load status etc. to the right, until the time clock there says 55 minutes (actually, 54 minutes 58 sec.).

This is very interesting to listen to -- only about 3 minutes.

Ring