Wednesday, April 9, 2008

HAS SPRING FINALLY...

HAS SPRING FINALLY ARRIVED?
A commentary on the longest – coldest – winter
In over half a century – with comparison to
The worst tax legislation in Canadian History
By Victor Drummond ©
April 2008


In 2007 there were several expensive visits -- to Canada -- by a prominent American politician
presenting his video “An Inconvenient Truth” and giving a spiel to sell-out crowds of how ominous world climate change is.

It was as if Mother Nature took issue with that warning and gave North America the coldest, longest and snowiest winter in most people’s memory.

More than half the people living here today were not even born when there was a comparable winter in Canada. Do you suppose the action already taken to cool off the globe, i.e. Greenhouse Gas Reduction, already in effect has done the trick?

Fortunately warmer weather has arrived with precipitation now coming down mostly as rain with cooler nights that slow down the melt rate of the tremendous blanket of snow covering all of Canada and the northern half of the United States.

There has been severe flooding in the United States and some flooding in Canada but for the most part Canada has gotten off with relatively minor flood damage.

As Canadians watch the horrendous snow banks – on their houses – and on their roads – melt away they can breathe a lot easier.

There is however another situation – causing stress and sleepless nights for many Canadians – and that is a tax load – heavier than the mountain of snow that threatened to collapse their homes – and in many cases has already destroyed their right to live in peace and comfort.

The Canadians referred to are those who have been living under a cloud that – if it hasn’t already caused them financial ruin – threatens to do so without warning if their tax deferment is cancelled for any reason.

For some that has already happened and the deadline for the next income tax return is when the guillotine falls for them.

That is – unless the Canadian Government acts quickly to place a cease and desist order on the Canada Revenue Agency, (CRA) to prevent any further effort to collect these unjustified taxes until the defective legislation and terms of tax remission can be settled in parliament.

It appears the seven year period for the winter of unjustified taxation may be coming to an end.

Some members of the House of commons Standing Committee on Finance, (FINA), have been meeting with representatives of the Canadians for Fair and Equalized Taxation, (CFET) lately
And have shown interest in this Canadian Problem – and in the steps being taken by the USA Government to correct a similar problem in their Adjusted Minimum Tax, (AMT) legislation.

Is this the beginning of a thaw in the Canadian Government’s attitude towards those who have been unfairly, and punitively taxed?

To assist our government in their decision to amend the defective legislation and apply a tax remission policy that is fair to all Canadian victims – contact your member of parliament
And tell them you demand this atrocious legislation be corrected – or no vote.

The end of this long winter – snow and taxes – is long overdue.

Victor Drummond ©

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