Income trusts: why kill the golden goose of tax revenue?
Some 80 per cent of Canadians support the Marshall Savings Plan for inclusion in Budget 2010. Now it's the politicians turn.
By BRENT FULLARD
February 15, 2010
The Hill Times
TORONTO—An Environics poll conducted between Feb. 5-10 found that 79.6 per cent of Canadians support the inclusion of the Marshall Savings Plan (MSP) in Budget 2010 to "Stop the income trust bleeding" (see Stanbury, The Hill Times, Feb. 8, 2010). Full poll details are available at MarshallPlan.ca. The poll was commissioned by the Canadian Association of Income Trust Investors/Taxpayers, which I head up.
A plug for tax leak
Barry Critchley, Financial Post
February 13, 2010
More evidence emerged yesterday of what Canadians care about, aside from the Olympics.
The results of a poll asking Canadians about the Marshall Plan were released and almost 80% want it included in the coming federal budget.
Marshall Plan Needed
Robert Bertuzzi,
Castlegar News
February 11, 2010
On October 31, 2006 Mr. Flaherty, our Minister of Finance, declared that the Federal Government would start double taxing Income Trusts beginning in 2011, as he claimed that income trusts were a source of tax leakage. When asked to supply a proof of tax leakage he produced 18 pages of blacked out documents, which is proof of nothing except the government's non-accountability.
Greg Hebert, CFRA Ottawa
Ottawa's CFRA 580 Talk Radio news host Greg Hebert interviews Brent Fullard of CAITI on February 11, 2010 and discusses the Marshall Savings Plan and the Environics Polling results.
Stop the income trust bleeding - adopt the Marshall savings plan
by W. T. Stanbury, The Hill Times
Whether the PM and the finance minister put the MSP into the coming March 4, 2010 budget depends on their political savvy. Adopting the MSP could lance the large boil of justified anger caused by the 31.5 per cent tax on income trusts.
Marshall Plan for Trusts
by Barry Chritchley, The National Post
It's ironic but Brent Fullard, who officially retired from the world of investment banking a number of years back, is still doing investment banking. But there's one key difference: He now operates in a broader arena of public policy.
Income Trust Fix
by Diane Francis, The National Post
This is a brilliant idea for the Tories to save face over their income trust fiasco as well as to provide pension-like income plus taxes in an era of deficits.
Greg Hebert, CFRA Ottawa
Genesis of the Marshall Savings Plan on Ottawa's CFRA 580 Talk Radio news. Host Greg Hebert interviews Brent Fullard of CAITI on January 14, 2010
John Oakley Show discussing the Marshall Plan, AM640, Toronto
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Harper should count lucky stars on income trust - The Enterprise Bulletin
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