Conservatives Plans News Tax on Trusts

[hiti]

New Report on Energy Income Trusts Counters Federal Government Claims

http://canadianenergytrusts.ca/Dec20Release.html

So again we see the misinformation of Steve and Jimmie to bamboozle voters. Every lie they have told about IT is exposed.

[Ricki Bobbi]

New Report on Energy Income Trusts Counters Federal Government Claims

http://canadianenergytrusts.ca/Dec20Release.html

So again we see the misinformation of Steve and Jimmie to bamboozle voters. Every lie they have told about IT is exposed.

IMAGINE THAT, A LOBBYING GROUP MADE UP OF ENERGY INCOME TRUSTS COMES OUT AGAINST THE FEDERAL GOVERNMENT?

USING BIG BOLD LETTERS DOESN'T MAKE YOUR POST ANY LESS MISLEADING!

[hiti]

Misleading? Examples need to be posted.

[Ricki Bobbi]

Misleading? Examples need to be posted.

You said about Prime Minister Harper and Minister Flaherty.

So again we see the misinformation of Steve and Jimmie to bamboozle voters. Every lie they have told about IT is exposed.

You exposed them by quoting an article on an industry Web site aimed at fighting the Government. You already posted the example. Look at the ifnormation about the membership of Canadian Energy Trusts...

[geoffrey]

So, in the big picture, why are you making all this noise?

Because the CPC has no tax plan, no plan at all. They created a distrust between foreign investors and our government. The income trust decision was terrible for our economy, but oh well, what can you do? It'd be very unlikely to ever see a Canadian party make a progressive decision on taxation and business structures.

Canadian companies can no longer compete for investment with American flow through entities. What are we going to do now?

AND, on top of that, Flaherty has changed the rules after he made the change in the first place. Then he spins it like it's a good thing, when in fact, it's even more limiting to trusts.

On the contrary, income trusts are a particularly dumb way to reduce taxes. Income trusts are tax policy à la Scott Brison.

Your taxes have gone up, this is another incidence of your taxes going up. Keep support them as long as you wish, but the CPC is just going to let that tax bill soar and soar. 10% in one year on personal income taxes? They didn't need to raise it a .5%... they could have dropped it a percent and still stayed above inflation.

This government has a huge spending problem, and a huge obsession with surpluses to pay down the debt. There could be no worse thing for business and just everyday people than a government that raises your tax burden to pay off the debt. That's EXACTLY what the CPC is doing, meanwhile pretending that they are small government conservatives.

This question leads into the next quote. Did you ever consider yourself a *staunch* Conservative supporter? Something tells me that come election day you are likely to hold your nose and vote Conservative ... just a hunch though.

I likely won't vote. Niether party has any plan for real success. I won't support a party that is decidely anti-business, anti-foreign investment and for tax increases though, I promise you that.

[Ricki Bobbi]

I likely won't vote. Niether party has any plan for real success. I won't support a party that is decidely anti-business, anti-foreign investment and for tax increases though, I promise you that.

So you vote Conservative or you can't vote?

[geoffrey]

I likely won't vote. Niether party has any plan for real success. I won't support a party that is decidely anti-business, anti-foreign investment and for tax increases though, I promise you that.

So you vote Conservative or you can't vote?

I'd vote for the Liberals under proper leadership, but environment isn't my issue of interest right now so Dion is a waste of my time as well. I'm not voting for someone from Chretien's group, the Quebec lieutenant during the Sponsorship scandal. I'm not a socialist or a hippie, so what does that leave me?

Not much. The only real parties in Canada worth your time are the CPC and the Liberals. If niether is worth your time, it's time to advocate some real change... such as leaving.

[Ricki Bobbi]

I'd vote for the Liberals under proper leadership, but environment isn't my issue of interest right now so Dion is a waste of my time as well. I'm not voting for someone from Chretien's group, the Quebec lieutenant during the Sponsorship scandal. I'm not a socialist or a hippie, so what does that leave me?

Not much. The only real parties in Canada worth your time are the CPC and the Liberals. If niether is worth your time, it's time to advocate some real change... such as leaving.

Are you honestly thinking of leaving the country because of the income trust decision?

[geoffrey]

Are you honestly thinking of leaving the country because of the income trust decision?

Nope. After getting my professional designation, I'll consider leaving Canada because it's a poor place to do business. Before that, it's not financially possible for me to emigrate successfully, otherwise I'd leave tomorrow. There are much greater opportunities out there. Despite our amazing potential, Canadian politicans are content, like Harper said best, to let Canada become a second class welfare state.

I'd argue we're there already. We are pathetic compared to the OECD in most categories of economic growth. Without Alberta, Canada's economy is flat and stagnant. Canada is a business joke.

And the CPC killed the one thing that was giving us a huge foreign investment boost.

Why do business in a second class place when there are better countries out there? I'm no patriot, I'll go to where I have the best environment to succeed in business. It's not Canada that's for sure.

[jdobbin]

Nope. After getting my professional designation, I'll consider leaving Canada because it's a poor place to do business. Before that, it's not financially possible for me to emigrate successfully, otherwise I'd leave tomorrow. There are much greater opportunities out there. Despite our amazing potential, Canadian politicans are content, like Harper said best, to let Canada become a second class welfare state.

What country will you work in?

[Ricki Bobbi]

Nope. After getting my professional designation, I'll consider leaving Canada because it's a poor place to do business. Before that, it's not financially possible for me to emigrate successfully, otherwise I'd leave tomorrow. There are much greater opportunities out there. Despite our amazing potential, Canadian politicans are content, like Harper said best, to let Canada become a second class welfare state.

What country will you work in?

Most designations are professional by definition.

I know he said he is an accountant. So if he's working on his CA he can work anywhere in the Commonwealth very easily and the US isn't all that tough once he's done. But the UFE is a real b*tch...

[mikedavid00]

Nope. After getting my professional designation, I'll consider leaving Canada because it's a poor place to do business.

I completely agree.

Before that, it's not financially possible for me to emigrate successfully, otherwise I'd leave tomorrow.

I would leave too if I could.

There are much greater opportunities out there. Despite our amazing potential, Canadian politicans are content, like Harper said best, to let Canada become a second class welfare state.

I completely agree. We're like what.. the 7th richest country in the world now?

I'd argue we're there already. We are pathetic compared to the OECD in most categories of economic growth. Without Alberta, Canada's economy is flat and stagnant. Canada is a business joke.

I agree. Things used to be different when I was a kid.

[geoffrey]

Nope. After getting my professional designation, I'll consider leaving Canada because it's a poor place to do business. Before that, it's not financially possible for me to emigrate successfully, otherwise I'd leave tomorrow. There are much greater opportunities out there. Despite our amazing potential, Canadian politicans are content, like Harper said best, to let Canada become a second class welfare state.

What country will you work in?

The U.S., Ireland... maybe Caribbean... All places significantly more enterprise friendly then Canada. All places way better setup to do business with the world. Anywhere English speaking though... there aren't any French language places that are economically exciting, so that's all I've got.

Most designations are professional by definition.

I know he said he is an accountant. So if he's working on his CA he can work anywhere in the Commonwealth very easily and the US isn't all that tough once he's done. But the UFE is a real b*tch...

I am going to be starting my CASB studies within next year (if all goes well), so I've got another 2 1/2 years here at least. Like you said, the UFE sucks but I've been working industry since I graduated high school... I've got the hands on to pass the test, I hope.

Are you a CA? I'd like to hear your thoughts on some stuff if you are, or have gone through the process... send me a PM.

Within the Commonwealth, it's easy to switch between countries and the CPA in the US is pretty much another easy switcheroo. It's a great designation if you want to go to another country. Professionals from Canada are leaving elsewhere, it's a bit of concern especially with the shortage of people like engineers, doctors and accountants.