Sunday, September 21, 2008

ONE FAMILY MAN...

FROM ONE FAMILY MAN TO ANOTHER
A commentary on the family relationship between the Person
Elected to be the leader of Canada and All Canadians.
By Victor Drummond ©
September 2008

Among the first 2008 election promotions issued -- by the three main federal political parties of Canada – are those video clips portraying the party leader as a down-to-earth, responsible, dependable, hard-working Family Man.

Stephen Harper – shown with his wife and children – dressed in ordinary everyday clothes and with the moderator telling the audience what a great husband and father he is.

Stephane Dion and Jack Layton also climbed on to the Family Man band-wagon – appearing in public with their wives – and letting everyone know they have the best interests of Canadians at heart.

All of the above are promising to lower taxes, provide the best child-care, provide more jobs, save the environment by supporting renewable energy projects etc.

Not one party leader has acknowledged the relief -- of thousands of innocent, hard-working Canadian Tax Payers – from the abuse and distress caused by a defective piece of Canadian Tax legislation.

Following is an excerpt from a recent message I received from one such victim.
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Nortel is now trading at the equivalent of 30 cents per share and yet the government is still wanting to tax me on shares at a value of $104.

My nightmare has resumed, the pundits are saying Nortel is ripe for a take-over. If this happens does this mean that my shares are considered sold? Even though I don’t want to sell them? Even if I refuse to hand them over?

Can I just keep the certificate and claim “Hey, the law says the taxes are due when I sell – well I haven’t sold!”

Needless to say I am again loosing sleep and desperate with worry. At age 68 is this what my government really thinks is a good thing?

To add insult to injury, if I am forced to sell, if I do have to include close to $1 million (of fictitious income) in income this year, not only will I have a tax-debt of over $200k but I have nothing with which to pay this. Sell my house? Cash in $300k of my equity? And oh yes, the Ontario Government will ding me for $900 as a fair-health premium! As that is based on income.

CFET is my only hope!


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(Victim’s identity withheld by Vic Drummond)

When a federal party leader is elected to the office of Canada’s Prime Minister -- to represent all Canadians -- does he, or she, not have a duty/responsibility to serve and protect every Canadian from being victimized -- like this -- by their own government?

How many innocent, hard-working Canadians are -- too many -- to be allowed to be financially destroyed through taxation on income that never existed -- before our elected representatives say enough? I believe – one -- is one too many.

Yet there are thousands of Canadians -- who have been levied huge taxes on phantom income – and many are in situations as bad – or worse – than the person who wrote the above excerpt.

The above victim see’s the group:- “Canadians for Fair and Equalized Taxation”, (CFET), as their only hope for relief from this oppressive/abusive tax. Is that the way you see it also?

What about a voters protest? If enough ordinary Canadians decided to demand this tax atrocity be corrected – and notified their local candidate(s) in this coming federal election – what do you suppose would happen?

Wouldn’t the same people -- who vowed to boycott the Leader’s Election Debate if Elizabeth May were allowed to participate – suddenly recognize how unfair, and un-Canadian this tax fiasco is?

You can bet your last Loonie they would have their eyes opened in a flash.

If you are unfamiliar with this tax rip-off visit the CFET web page at:- http://www.cfet.ca

Follow the links to Sign our petition, and Signatures, and read the comments posted by those who signed the petition. Also follow the link to “Press” and read the articles published by several prominent Canadian Journalists.

The USA had a similar problem with their Alternative Minimum Tax, (AMT), and they are now in the process of rescinding taxes levied on phantom income. (Kerry/Lieberman Bill).

Also the USA has suspended their Internal Revenue Agency, (IRA) from collecting the taxes previously levied on AMT phantom income.

If you would like to show your support -- of abused fellow Canadians in this issue – kindly notify your local federal election candidate you want their commitment to support the objective of CFET for fair and equitable taxation.

CFET is a non-partisan, non-profit group and does not even have a membership fee.
Anyone may become a member and/or supporter by sending an e-mail to - inquiy@cfet.ca

Vic Drummond ©
A For Real FAMILY MAN.

Note:- If you wish to contact the tax victim -- who authored the excerpt quoted above -- send me an e-mail which I will forward on your behalf to the victim personally.

Ref:- vic.drummond@sympatico.ca

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