Income Trust partisan positions. Why?

[Durgan]

Income Trusts are back in the news. There are over 400 comments on this report

28 February 2007.
Income trust tax slammed as ‘devastating'
STEVEN CHASE
Globe and Mail Update

xrl.us/u5a5

Surely this income trust issue is a purely technical matter. Either modifications are required or they are not.

This matter is of profound interest to certain sectors of the economy, and to some investors. Question: Is there not a group smart enough in this great country to delineate the matter in purely technical terms, in a manner which reflect what is good for Canada?

I suggest partisans are reading the same position papers. Why the dichonomy in proposals? Surely Canada should be put first. There should be no difference of opinion regarding how to handle Income Trusts.

Durgan

[proudtobeadp]

Income trusts were started and given some time just to allow people with a lot of money to make some more before the bubble burst with taxation that would eventually happen but not to the periods before the so-called loophole was closed!

Canada's income tax act is now a document of over 4,000 pages. Just what is an income trust supposed to be but a quick way to make money for some while the getting is good and they did it. That is how things are done in Canada and that is why there is such disaparity between those wealthy and those not.

Robber Barony is not dead but lives alive an well in a country called Canada!

[Deleted]

..same old story " The rich get richer " where's Robin Hood when you need him !!!