Say No to Income Trust Taxation
The Liberal government has lost its way. After years of scandal and back room deals, they are now targeting hard working Canadians through the proposed taxation of income trusts.It's time for Canadian... continue reading »
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"The concerns regarding productivity and reinvestment are simply not warranted as the majority of income trusts have access to larger amounts of capital under their new trust structure than they ever had previously. Retained earnings is only one source of "
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"The fact that income trusts have evolved within the definition of the laws, as interpretted by advance rulings, and that income trusts even exist, is only further evidence that not only the personal taxpayer, but corporate taxpayers alike, have had enough"
"Not Voting Liberal"
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"Stop The Insanity!!!"
"Able to retire due to trusts"
"Leave things alone that are working for the working class to make retirement money."
"Income trust revenue is an important element of the retirement strategy of many middle class tax payers. Pulling the rug out from under them is a disgraceful act. We will not forget this when it comes time to vote."
"Resource Trusts = Increased Exploration = Increased royalty income for the government. Why would the Liberals kill this revenue generator?"
"If it were not for Income Trusts we would be on welfare"
"This is only one way the government is cutting into our income. Too bad the MPs don't have to live on such a limited budget."
"Correctly analyzed, current and deferred tax revenue from income trust distributions will exceed losses because at least half will be taxed at higher marginal rates and otherwise unavailable foreign investment. The recurrent nature of the distributions en"
"My vote is gone if this does not change!!!!!!"
"If it were possible for the government to spend tax dollars responsibly, it might be somewhat more acceptable. Give the current spending habits, LEAVE MY MONEY ALONE!"