Wednesday, April 30, 2008

NOT ALWAYS RIGHT BUT,,


COULD CANADA’S INCOME TAX LAW EVER BE WRONG?
A commentary on the attitude of at least one Federal Parliamentary Mandarin regarding the defective taxable benefit legislation.
By Victor Drummond ©
April 2008


Can anyone justify levying real “Income Tax” on a purely theoretical paper value of any item before the value -- of said item -- has been solidly established to become real “Income”?

Can anyone justify using the tax -- levied on this imaginary income -- to force honest, hard-working taxpayers to sell, and/or mortgage their homes in order to pay this unjustified tax?

Can anyone justify forcing honest, hard-working Canadians to wipe-out their savings and/or declare bankruptcy in order to pay this unwarranted tax?

Can anyone justify obliging honest, hard-working Canadians to live the rest of their lives with the anxiety of a horrendous deferred tax – that may without warning or victim control -- become payable on the very next Income Tax Return deadline?

Can anyone condone a one-at-a-time system of reviewing these tax victim appeals and figuratively flipping a coin to decide whether or not to grant them tax relief?

Can anyone approve of giving a few, (say 30 or so), such victims cancellation of this unfounded tax while declaring there are no other known victims who qualify for the same consideration?

And this declaration being made in spite of multiple letters of appeal from dozens of similar victims to their Members of Parliament over the past six or seven years.

Could such bottom line atrocities ever be the result of proper and correct legislation?

Wouldn’t the answer filter down to only two possible scenarios?

Scenario (1) The legislation is correct but the interpretation/application is unjustifiable.

Scenario (2) The legislation is absolutely corrupt in the first place.

If you consider yourself to be a reasonably intelligent Canadian which scenario makes the most sense to you? Or does it make any difference?

Does it make any sense to elect people – TO REPRESENT YOU -- that will tolerate legislation and/or a tax policy that causes the financial destruction of innocent, hard-working, Canadian Taxpayers while accepting a fat salary funded by your taxes?

The Liberal Party lived with this atrocity for at least six years – and did absolutely nothing to correct the base problem.

The present government paid token attention to Fair Taxation -- for all hard-working Canadians -- but fell far short of correcting the underlying problem.

Other opposition political parties apparently lack sufficient comprehension, and/or moxie to publicly acknowledge there even is a problem.

So as things stand now every Canadian voter will be really hard pressed to find a person that will earn their wages by truly representing them -- in the federal government -- when push comes to shove.

Unless there is a federal political party that declares it will make a change to correct this -- atrocious, despicable and unworthy of Canada -- tax problem I will help save the planet by not motoring to any voting station in the coming federal election.

Victor Drummond ©

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