T&T APR 3 Big companies all get off too easy To The - TopicsExpress



          

T&T APR 3 Big companies all get off too easy To The Editor: I just listened to a podcast of CBC’s Sunday Edition which originally aired March 16, that was about tax avoidance by large companies in Canada. I have been thinking about this for a very long time and felt I had to comment on the program. I would like to pass my comments along to other citizens of New Brunswick. Living in N.B. for most of my 59 years, I and nearly everyone else who lives here realizes that there are a number of companies that do not pay their fair share of taxes in this province, and several large ones that I believe do not pay any taxes at all. The Sunday Edition program wasn’t a real eye opener (after all we had a prime minster, a former federal finance minster, whose company Canada Steamships was working the old ‘off shore tax shamozzle’). Some of these large companies that pay few if any taxes in N.B. seem, however, to be able to get large government handouts, interest free loans, large allotments of Crown land resources, etc. Where do these companies think this provincial money comes from? It comes from the ordinary N.B. taxpayer who does pay his/her/their fair share. I know N.B. isn’t the only province where this happens, but it is N.B. that I happen to live in. Might I suggest that in the future when these companies come with cap in hand looking for some of these handouts from the N.B. government, this government first check to see how much N.B. tax this company actually paid, and if it is not deemed to be their fair share the government should tell them ‘Sorry, but only those who pay their fair share of taxes are eligible for grants, loans, etc. You will have to go elsewhere for a handout.’ Some readers will say ‘What about the jobs?’ It is my understanding that our forest resources have been estimated to be around $140 million a year, yet because corporations have been handed the task of managing our Crown forests by past N.B. governments in the 1970s and 1980s, those forests actually cost the N.B. government $30 million in 2012, which adds up to a total loss of $170 million in one year. If you think I’m talking out of my hat, check out isourforest reallyours. Then you decide. Dave Bailie, Sackville
Posted on: Thu, 03 Apr 2014 18:26:51 +0000

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