Liberals’ tax plan is flawed and crippling

You have to love the announcements today by Prime Minister Justin Trudeau when it comes to federal income tax changes.

He erroneously throughout the news conference refers to the Tax Code (U.K. and U.S. term) not the Income tax Act and Regulations, which is the Canadian system.

Only after presenting a terribly flawed and crippling plan to change tax rules for small and middle class businesses and being deluged with millions of voices pointing out the negative economic impact, flaws and votes do he and the finance minister relent and appear to withdraw their legislation proposed.

Then, he claims to go after those cheats who “sprinkle salaries” to family not working in the business, when that is in the Canada Revenue Agency’s audit process and when found is tax evasion already; nothing new here, just smoke and mirrors.

Fortunately for the extremely wealthy, their expensive and skilled tax lawyers and accounting professionals will be sure to structure an “avoidance plan” within the family trust to achieve the same result but which is not illegal. Something I believe is likely used by the Trudeau and Morneau Family Fortune Trusts’ tax advisers as they both understand that scam.

Once again the wealthy get better treatment than ordinary Canadians; will the Liberals change that, I think not.

The prime minister pointed out that Canada is the best of the G7 nations in economic growth. Well guess what, the Harper government created the only economy in the G20 that did not fall into a recession, but instead grew during the world-wide financial crisis from 2008 to 2013.

So a growing economy in a conservative country while recession and financial collapses raged in the Socialist/Liberal governments of Russia, U.S., E.U., Japan, et al.

While the Canadian economy was doing fine, the Liberals came to power and dispensed billions in off-shore pledges and spending, while making no change to the economic structures left by the Conservatives.

They inherited a sound economy and then by denying pipelines and mandating high carbon taxes they destroyed the oil and gas sector and the economies that for the past 30 year were the engine of Canadian economic strength.

The present strength of the Canadian economy is not because of Liberal economic policy, it is in spite of it.

The broken election promises, the $10 million payout to Omar Khadr, the protection of tax privilege for wealthy friends, non repayable “loans” to Bombardier, the many anti resource strategies, the lack of action on this year’s 40,000 illegal (not irregular) immigrants, lack of nationwide infrastructure building, inaction on pressing Indigenous problem , inaction by the Commission on M&MIW, delayed military equipment procurements, planning to buy used Australian jets , failed negotiations on Boeing’s and softwood lumber duties, mandated affirmative action (not talent based) on cabinet appointments, enacting policy that caters to the liberal base of idealist, often radical special interest groups, the unfair tax changes all point to failing experiments, not good governance.

When will we learn?