Andrew Coyne writes: The F-35 scandal — when governments lie, how do we respond?
Well Andrew, this same government has been lying since that fateful day on October 31, 2006 when they decided to renege on their 2006 campaign election promise to "never tax income trusts". Their rationale for reneging? Income trusts cause tax leakage they said. As any credible financial institution (eg, RBC Capital Markets, BMO Capital Markets, Pricewaterhouse Coopers, HLB Decision Economics) would have told you, income trusts do not tax leakage. In fact the opposite is true, income trusts maximize the government's take of corporate profits. Just ask someone like senior ex Finance official Len Farber.
So to your question of "how do we respond", well, your response back in October 2006 was to agree with the government and support their patent lie that income trusts cause tax leakage. You missed your opportunity five years ago to call this government what it is.....incompetent liars.
You (along with many in the press) are part of the problem, and not the solution. Reporting the truth is not a selective or subjective exercise, it is an objective exercise and absolute. Otherwise it is just propaganda.
Wednesday, April 11, 2012
Posted by Brent Fullard at 10:54 PM