tag:blogger.com,1999:blog-7141615629701321642.post6720888431892029440..comments2024-01-07T08:41:13.864-05:00Comments on C A I T I - O N L I N E: Hill Times: Flaherty’s two biggest budget blundersBrent Fullardhttp://www.blogger.com/profile/08515599756822506137noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-7141615629701321642.post-56378263841470251732010-03-22T17:48:15.710-04:002010-03-22T17:48:15.710-04:00Hi All,
I suggest we start planning our "str...Hi All,<br /><br />I suggest we start planning our "strategy" for the coming election. We should canvass our membership and solicit their financial support for a Media blitz on informing the Canadian Public on this Gov't record and action on a number of issues affecting Canadians. I could easily make a list of 15 items which were a complete reversal in "stated Gov't policy" i.e.Senate appointments,Income Trusts,Fixed election dates, etc. Our focus should be on democratic core values that are being threatened.<br />* Honesty<br />* Integrity<br />* Transparency<br />* Accountability<br />If each of the 2.5 million investers that were affected by the Income Trust decision contributed $100.00 dollars to a fund to inform Canadians we could raise $250,000,000.00. WOW<br />It is obvious that the media are not prepared to tackle this issue, and it is my opinion that they have been threatened and their employment status is at risk.<br />If we paid for our message and it was very professionally crafted and of empecable moral and ethical standards with no attacks on individuals the media would have no choice but to air it.If they still refused we could use the courts to resolve this issue. It is important that Canadians be informed, because we are all affected by undemocratic practices.Certainly none of the Political parties are prepared to hold the Gov't to account and the press are obviously shackled.<br />What do you say? Lets use our collective energy and brain power and just do it, and prove that the power is still in the hands of the people.Our approach should be viewed as concerned Canadians and not have any attachment to any political parties. Perhaps we could solicit the support of concerned and informed citizens like Paul Szabo, Diane Francis and all the professional accounting and Investment firms and business's which support our position on the Income Trust. I believe we could assemble a formidable team to give the message. I am willing to contribute both the money and time to make this happen. <br /> What do you think?<br /><br />ChechStanhttps://www.blogger.com/profile/07863024488853671836noreply@blogger.comtag:blogger.com,1999:blog-7141615629701321642.post-69202355512685901452010-03-22T15:48:04.159-04:002010-03-22T15:48:04.159-04:00Colin:
Turns out these corporations were double ...Colin: <br /><br />Turns out these corporations were double dipping where the options were cash settled with the employer, in which the employer paid in cash to the employee the gain that had been realized on the stock, and the employer got the expense deduction on the gain and the employee received capital gains treatment on the cash settled gain. The employer deduction has been eliminated, but not the capital gains treatment for the employee. Marketplace settles is the term I used to describe the alternative means of settling the option, i.e. By selling the stock in the marketplace to realize the gain. Under both situations, the capital gains treatment had been preserved...which is grossly unfair to all taxpayers who pay full taxation on their employment income and only get the capital gains benefit when they actually have capital at risk, which is not the case with employee stock options.<br /><br />BrentFilliblusterhttps://www.blogger.com/profile/06563618107971013947noreply@blogger.comtag:blogger.com,1999:blog-7141615629701321642.post-86068446095124065632010-03-22T15:47:35.227-04:002010-03-22T15:47:35.227-04:00Brent, I am quite familiar with options, but do no...Brent, I am quite familiar with options, but do not understand the difference between these two.............marketplace settled??? Cash settled??<br /><br /><br />Thks ColinAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-7141615629701321642.post-48107535527132759342010-03-22T10:22:42.129-04:002010-03-22T10:22:42.129-04:00I just hate it that the government was never held ...I just hate it that the government was never held to account for this so-called tax--they were allowed to black-out the proof , call it "fairness" , "leveling the playing field" & get away with it.<br /><br />Never once has the little investor been taken into account here--we were left twisting in the wind with no-one to look-out for our backs.<br /><br />Where were our local MPs??<br /><br />They were voting party line with no understanding of the facts--they didn`t care anymore than the Harper`s & Flaherty`s of the world.<br /><br />A pox on them all & I hope some day they will come to fully understand what they have actually done.<br /><br />Dr Mike PopovichDr Mikehttps://www.blogger.com/profile/16915911929286615081noreply@blogger.com