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Bugs





Joined: 16 Dec 2009
Posts: 4155
Reputation: 238.9
votes: 8

PostPosted: Thu Oct 05, 2017 11:36 am    Post subject: Reply with quote

Yeah, he has the same contempt for MPs as his father had. Do you remember him snorting to some indignant opposition MP that he was a nobody a few feet outside of Parliament? Or asking Why should I sell your wheat?
RCO





Joined: 02 Mar 2009
Posts: 6290
Reputation: 229.4
votes: 3
Location: Ontario

PostPosted: Thu Oct 05, 2017 3:46 pm    Post subject: Reply with quote

( the mp is going to be punished but its not clear how , its clear there going all out to eliminate any descent in there caucus )


Liberals punish lone MP for protest tax vote



The Canadian Press

Thursday, October 5th, 2017



OTTAWA – The Liberals have told a backbench MP how he will be punished for the stand he took against his party by supporting an opposition motion calling on the Trudeau government to extend a consultation on its controversial tax proposals.

A staffer from Wayne Long’s New Brunswick riding office says the MP has been notified, but declined to share details of the penalty because the issue is an internal matter at this time.

Earlier this week, Long was the only Liberal to vote for a Conservative motion to extend to January the feedback period on proposed tax reforms that have attracted waves of criticism – including numerous complaints from Liberals.

Long has said he was prepared to pay a price for his decision to vote his own way on what was a so-called whipped vote by the Liberal party.

He has said he voted for the motion because he and his constituents wanted the consultation extended amid concerns the proposed changes will hurt small businesses.

The Trudeau government has insisted the proposals are designed to create a fairer tax system, while critics warn the plan will hurt entrepreneurs who take personal financial risks when they decide to open a business and have to save for retirement and prepare for economic downturns.


http://ipolitics.ca/2017/10/05.....-tax-vote/
RCO





Joined: 02 Mar 2009
Posts: 6290
Reputation: 229.4
votes: 3
Location: Ontario

PostPosted: Wed Oct 18, 2017 2:01 pm    Post subject: Reply with quote

( the liberals are now making public what the changes to this proposal are )



Morneau confirms tax proposal changes

Liberals narrow passive income measure on private firms to target ‘most wealthy‘


Canadian Press

Wednesday, October 18th, 2017


HAMPTON, N.B. — Finance Minister Bill Morneau is adjusting his tax proposals on passive income so only about three per cent of the “most wealthy” privately owned corporations will have to pay higher taxes.

Morneau confirmed the changes today at a cafe in Hampton, N.B., a small community east of Saint John in an area where the Liberals’ tax reforms have not been well-received.

The minister says the system will now allow a threshold of $50,000 of passive income investment annually, which he says will help small business owners put money away for retirement and parental leave.

Morneau says he hopes the measure helps businesspeople save money for future needs, but will end the practice of stowing money in privately held firms purely as a tax planning strategy.

He says there’s between $200 billion and $300 billion in assets sitting in the passive investment accounts of just two per cent of all private corporations — or about 29,000 companies out of 1.8 million private corporations.

The tweak to Morneau’s original proposal comes after an onslaught of complaints that warned cracking down on passive investments could adversely affect middle-class entrepreneurs who use their companies to save for economic downturns, sick leaves and parental leaves.

http://ipolitics.ca/2017/10/18.....l-changes/
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Concerns mount over Morneau's proposed tax changes

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