Trudeau and Finance Minister Morneau flaunt rules while preaching tax fairness

By on October 17, 2017

Dear Editor:

So the “Liberals Tax Fairness” legislation will only tax the “wealthiest” Canadians eh?

Well Justin Trudeau’s family wealth is largely not touched by this legislation, yet he has minimally taxed incomes from many sources, including a family trust that received a $1,000,000 donation from a wealthy foreign company that would be taxed at 50 per cent were it not for the trust.

Besides that one donation, there are thousands of smaller amounts escaping tax through a loophole only used by the wealthy like Trudeau and his finance minister Bill Morneau.

Mr. Morneau and his wife Nancy McCain (of McCain’s French Fries fame) are also the beneficiary of large family fortunes, which are also managed by private bankers, working with the best and most experienced tax accountants and tax lawyers around.

These are professionals who make a living protecting the rich, but are only available to the ultra-rich, whose hourly rate charged to clients exceeds the weekly wages of most Canadians.

For a common worker, farmer, entrepreneur, commercial fisher, public servant, a gift of a Christmas holiday on a private island, worth say $100,000, is a taxable benefit in their hands (and may even be unethical to accept), but Trudeau would pay nothing in tax for this benefit of his office.

Remember, he received it from the owner of a favoured foreign charity who received government funds in excess of $20 million to an “old family friend’s” foundation.

That is tax UN-fairness at its worst.

For the most part, these generous tax provisions are continuing to let the top one per cent continue to use trusts, off-shore tax havens, and a myriad of other tax avoidance techniques to avoid paying their “fair share.”

However, every other category of Canadian will, therefore, be paying more tax than their “fair share” to help the elite within the Canadian classes minimize their taxes.

That is not tax fairness. It is simply the same old same old, the rich get richer, the poor get poorer.

But then why should anyone object to this progressive, liberal, concept of “fairness” when we have “sunny ways”, and it is the “right thing to do” by Liberal standards?

Doug Waines

West Kelowna, B.C.

 

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