It is the season to fool the electorate again. So why not seniors first, as they may forget and forgive soon. The Harper government and Jim Flaherty went back on their promise not to impose income tax on Trust Funds. Flaherty flared and imposed that tax and the Toronto exchange went into a tizzy. Every senior who had money in Income Trusts as a nest-egg suffered serious losses in thousands, if not in tens of thousands, of dollars. Canada as a whole was in the hole for $30 billion plus in stock market losses, not to speak of the regular taxes which the government would have collected from seniors anyway.
So one of the Harper government’s first targets is seniors as they attempt to fool them again. I hope seniors do not forget that and teach the Harper government a lesson for breaking its promise. I believe there is blog dealing with this issue, check out: http://caiti-online.blogspot.com/
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