Friday, February 20, 2009

NDP fails the standards of new Supreme Court of Canada Ruling





Supreme Court Ruling:
"Decisions about what constitutes an acceptable bargain can only authoritatively be made if both parties come to the negotiating table with the information needed to consider what concessions to accept or offer," Madam Justice Rosalie Abella wrote for the court.

Ways and Means Motion “bargain” on Income Trust tax:
“Ensuring that taxes are not unfairly shifted onto the shoulders of Canadian taxpayers, especially Canadian families”

NDP’s standard for the information required to accept an offer:
“I have spoken with Judy Wasylycia-Leis, our party’s Finance Critic, she is confident that the government’s estimates of future tax leakage are accurate.”

Jack Mintz on Government’s estimates of future tax leakage:
“I do want to point out that there is a serious flaw in some analyses especially on the taxation of pension and RRSP accounts. Finance was not right to treat the impact as zero.”

Michael Ignatieff on Government’s estimates of future tax leakage:
“Flaherty’s argument of tax leakage is fallacious”.

Flaherty’s “proof” of alleged tax leakage:
18 pages of blacked out documents....that he demanded be returned?

Is this country run by the legal standards espoused by the Supreme Court, or those of supremely incompetent and corrupt politicians like Judy Wasylycia-Leis and Jim Flaherty?

1 comment:

Dr Mike said...

"Is this country run by the legal standards espoused by the Supreme Court, or those of supremely incompetent and corrupt politicians like Judy Wasylycia-Leis and Jim Flaherty?"

Judy (who do I work for again) W-L & Jim ( I see tax leakage Everywhere) Flaherty have landed the gov`t in the soup with this one.

Not only have they cut off the gov`t life-line of tax revenue from trust investors but now they are going to have to worry about how to support these same investors in the future because these people have lost their income stream.

God going Judy & Jim , the twin not-economists.

Dr Mike Popovich