Tax loopholes

Tuesday, Apr 03, 2012 06:00 am

I note that in tabling his March 28, 2012 budget, federal Finance Minister Jim Flaherty made no mention of closing the loopholes that enable ultra-rich Canadians to avoid paying their fair share of tax.

Through the use of tax havens and ambiguous tax laws, these wealthy Canadians can get away with staggering sums of money that could be used to sustain social programs and infrastructure renewal.

By funding right-wing parties at both the federal and provincial levels, the ultra rich assure themselves of maintaining their status quo.

In addition, they use their mass information media to influence public opinion so that ordinary Canadian voters support them.

Thus, like Hoss Cartwright, the fictional character in the TV show Bonanza, those Canadians proverbially shoot themselves in the foot.

Yours truly,

William Dascavich



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