DISASTERS NATURAL AND..

DISASTERS – NATURAL AND MAN MADE
In one regard Canadians are fortunate because natural disasters such as major earthquakes, major floods, and major tsunami wave destruction of our coastal cities and settlements seldom happens.

On the other hand losing your home, depleting your lifetime savings and living in
financial despair happen far too often in Canada and most of the time these local disasters are the result of the attitude held by our elected government authorities who are far more interested in demonstrating their concern for distressed citizens of foreign countries than correcting the distress they are creating and tolerating
abusing their own citizens right here in Canada.

Victor Drummond ©
March 17 2010

An honest, hard-working Canadian taxpayer – using the nom-de-plume “Billy” -- posted a very sincere series of comments to my previous blog titled: “Canada’s 2010 Budget – Deal or No Deal.”

Everyone should read Billy’s comments and decide for themselves if he is a victim of his own financial mismanagement -- as claimed by our tax authorities -- or the victim of an obscure tax trap in Canada’s defective taxable benefit legislation. Then visit www.reformamt.org and read the victims statements at the bottom of the web page.

Canada’s Prime Minister and Minister of Finance either stonewall all appeals for the “Fair Taxation for All Canadians” “Action Plan” promised in the federal Conservative Party 2006 pre-election brochure: “STAND UP FOR CANADA” or attempt to convince Canadians that promise has already been fulfilled.

These individuals, who were elected to serve the best interests of all Canadians, and who have publicized a “Canadian Taxpayers Bill of Rights” which they totally ignore, then tell Canadians that taxing employees -- who PURCHASED their employer corporation shares via an Employee Share Purchase Plan (ESPP) and/or an Employee Share Option (ESO) – on deemed “Earned Income” that was neither “Earned” nor “Income of any kind” is justified and fair.

Even before “Billy” provided the outrageous details of the tax treatment he received – after spending his last few dollars on a tax specialist lawyer – I was already aware of several similar man made disasters caused by Canada’s man made tax-grab legislation.

How can anyone approve a Tax Remission Order (TRO) -- such as the Gary Lunn TRO that provided real relief of the unjustified taxes levied on them on the basis of phantom income (money that never existed) -- which is a truly fair tax action -- and then deny thousands of other Canadian victims of the same tax trap the same level of fair tax treatment AND then with a straight face tell other Canadians the income tax treatment is “fair” for all Canadians?

It takes someone who has done a lot more than “Kiss the Blarney Stone” to give that level of performance. In my opinion our Minster of Finance has bitten off and swallowed a large chunk of that stone.

A tax system that favours a few taxpayers with full compensation of unjust taxation and denies the same consideration to thousands of similar victims can not even begin to be called “fair”.

Some defenders -- of the favouritism given the SDL Optics victims – attempt to justify their preferential tax treatment on the basis the victims were under greater stress than all other similar victims plus the SDL victims also lost their employment. There is nothing unique about them losing their employment. So did thousands of Nortel victimized employees and so did thousands of JDS Uniphase victimized employees.

Any excuse offered, by anyone, in an attempt to justify a different tax treatment for the Gary Lunn TRO victims -- as compared to all other Canadian victims taxed on phantom income -- is nothing but pure BS.

There is no excuse for denying any Canadians the same treatment given the Gary Lunn TRO victims and to treat any part of the Canadian taxpayer population victimized in the same way any differently than the treatment provided for the group that were protected by the Gary Lunn TRO – is a blatant violation of the updated Taxpayers Bill of Rights – which no one is enforcing.

Mr. Flaherty – throw away the English Language Dictionary you have been using – it obviously does not have the correct definition for the word “Fair”.

Billy is a typical victim of Canada’s defective taxable benefit legislation and our defective government authorities who are willing to allow our citizens to be financially devastated by our man made disastrous tax laws while committing billions of Canadian taxpayer dollars to help rebuild the homes of people who have been afflicted by natural disasters but who have never contributed one cent to Canada’s tax system.

Remember the golden rule: “Charity begins at home.”

See you at the voting polls for the coming federal election O’grady.
Happy Saint Patrick’s Day.

Victor Drummond ©