Tuesday, November 16, 2010

Hill Times - Letter to the Editor

November 15, 2010

Prime Minister should look at facts on income trusts: reader

Re: “The false arguments that led to the tax on income trusts,” (The Hill Times, Nov. 8, p. 24). This article points out that our Prime Minister was led by opinion and not by fact. That makes me wonder if that is the way a country should be run. If there is no concrete evidence to back up their decisions what does that leave? The more we delay getting back to the income trust model the more our country will suffer from real tax loss. Income trusts were healthy choices for investors. They were a way for our country to grow.

Now the corporations will take over and the excess funds will go to the corporate leaders instead of the share holders. How will that create new jobs? How will that help Canada? How will that help the investor to support him/herself? Prime Minister Stephen Harper needs to look at the facts. We will respect him for that. Forgiveness is possible. It is his choice.

Robert Bertuzzi
Castlegar, B.C.


Dr Mike said...


I guess the sooner we realize that these guys in Ottawa don`t give a rat`s ass about us , the better off we will be.

We just have to stop expecting them to do the right thing & wise-up here.

It is CEOs first , government trough feeders second , us little guys third---we get the scraps & I guess we will just have to learn to like it as nothing will change.

Unless of course we take matters into our own hands & bug the crap out of our local MPs---if we all flooded their offices with emails , phone calls & personal visits , it would eventually take it `s toll & we would get the message across.

Maybe even a few rowdy visits to the gallery in question period.

Right now they all take us for granted---they think of us as simpletons , beneath them & better ignored.

These jerks are our employees , it is time they started acting like it.

Dr Mike Popovich

Anonymous said...

Great idea.
One problem.
Harpler is a sociopathic 'tard.
His toupee has more compassion and intellect than he does.
End of story.


Anonymous said...

Just spread the word, this Conservative Party is a fraud, bunch of liars, and loves Wars .
-Income trust lie cost us $35B ++
-GST 2% cut is costing us Billions a year.
-this Afgan war extention to 2014/15 will cost us $500M per year.

This party is just that a school yard party that should end.


Anonymous said...

While I agree with your sentiments I don't see Harper or Flaherty ever admitting they made a mistake by destroying the income trust sector.

It still rankles that I trusted these guys and then got badly burned financially by their betrayal. At least most of my trusts were not held in a registered portfolio so I could write off the losses against some gains in other stocks. Flaherty should have made some accomodation for people that held trusts inside of their RRSPs.

Sadly, I think the most you can hope for is that Harper will never get a majority.