OTTAWA— From Wednesday's Globe and Mail - Article here
Wednesday, Nov. 17, 2010
This is great news!
Maybe Canadians will finally learn what was behind those 18 pages of blacked out documents that Mark Carney alleges prove his case that income trusts cause tax leakage.
Maybe Carney's stolen briefcase contains that bogus analysis that leaves out the taxes paid on the 38% of income trusts held in RRSPs that Carney arbitrarily left out of his tax leakage analysis for no good reason, that if included would prove that income trusts DO NOT cause tax leakage.
See for yourself. This is Mark Carney's idea of transparency and accountability....blacked out documents as the basis to destroy $35 billion of Canadians' hard earned life savings and deprive them of investment choice, while causing a wave of foreign takeovers of trusts and the permanent loss of $1 billion+ in annual tax revenue.
This is what you get when bureaucrats like Carney lie to Canadians about matters like tax leakage. See for yourself:
Wednesday, November 17, 2010
Posted by Brent Fullard at 9:01 AM