Sunday, May 3, 2009

Liberals: Why wait ‘til you’re elected? Do it now!

It has already been confirmed to me by Liberal Leader Michael Ignatieff that the Liberal’s policy on income trusts will be to grandfather all existing trusts and replace Harper’s 31.5% tax, with a 10% tax refundable to all Canadians. Meanwhile this entire Harper policy was “sold” to Canadians on the basis of the false argument that income trusts cause tax leakage. Therefore there is nothing but upside for the Liberals to expose Harper’s lies about tax leakage and the foreign takeovers and $1 billion in REAL annual tax leakage his policy has caused, since:

(1) It will expose Harper as the deceitful incompetent that he is, with the devastating effect in the minds of Canadians in knowing that the rationale for Harper’s broken promise was nothing more that a false premise.

(2) It will serve to provide the policy rationale for the Liberal’s policy going into the election and show the Liberals to be the competent and honest custodian of Canada’s fiscal well being

(3) We will demand this matter about tax leakage being a hoax to be ultimately exposed in any event, since we intend to hold the Liberal Party to the same standard that the Liberals and the Bloc held the Conservatives to upon conclusion of the Public Hearings on Income Trusts that was called by the Liberals and the Bloc for the sole reason of ascertaining the truth or fiction about alleged tax leakage, and for which the Number 1 Recommendation of that Public Hearing was:

It is imperative that a democratic government be as transparent as possible when levying a new tax so that it can be held to account by its citizens. The Committee, therefore, recommends that the federal government release the data and methodology it used to estimate the amount of federal tax revenue loss caused by the income trust sector.

So why wait ‘til you’re elected? Do it now! There is nothing but upside. Particularly given that the taxpayer natives are getting restless.

1 comment:

Dr Mike said...

If Liberal party does not make an immediate response then maybe it is time to look elsewhere for answers.

Dr Mike