Quote:
Originally Posted by Slava
Yes, absolutley. That is their point of existence, to manage these things. If they stuck their foot in their mouth regarding the trusts and were really losing the "hundreds of millions of dollars" then they should have to prove this beyond a shadow of a doubt. Since the announcement there has been a lot of discussion surrounding that figure and how it was arrived at.
The fact that a lot of companies were planning on going that route could not have come as a surprise. I knew of some of the companies looking at this; if I knew then I can guarantee that someone who is actually important knew. Businesses don't have to give them forewarning that they are considering operating within the bounds of the law!
Facts are:
1. PC's say that they will not tax trusts
1a. Average citizens invest accordingly, after first PC win in 12 years.
2. PC's see companies use this to plan their operations and save money on taxes
3. PC's do a 180 and slam the door shut on income trusts
Now the Liberals have caught them; basically the PC's can either vote for this and re-do the 180, or vote against this and take the (possible) punishment at the polls.
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Well that's never happened ever before... a political party doing something it said it wouldn't? God no!
If you can't see the Liberals are doing this for the purpose of the polls only, that's too bad. Who's to say they won't turn around and change their minds later too? It's something the party is known for doing. Liberals turning down more taxation income? That's new. They'd be stupid to push this through, and I think they're betting on at least the NDP voting against it with the Conservatives... that way they look like the good guys and gain points in the polls.