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Stop Thief!

by Ed Goertzen
(Oshawa, Ontario CA)

To the editors...
20150-09-28
Stop Thief!

Most of the voters in the current election are not aware of how Corporations, and successive Liberal, and Conservatives governments have stolen Our Welfare Social Safety Net

The numbers give a simple and clear answer.

Firstly, in 1950, as we started growing the welfare net, the tax burden to pay for the net was split fairly evenly between corporate profit tax and the personal income tax.

The actual numbers for the Federal budget were, for both Income and Profit Tax, just below 50%

By 1991 Corporate Taxes paid 10% of the Federal Budget and Personal Taxes were 90%.

The above shows that even by 1991 the Welfare Safety Net was being paid for mostly by personal taxes.

We are all aware of the cuts Governments have made to Corporate Taxes made since then.

Secondly, to keep the Professional class of Personal Income Tax paying voters quiet, there are a multitude of tax exemptions that are geared to be most advantageous or those in the higher wage brackets.

Corporations have also, and still enjoy the benefit from a multitude of tax exemptions

Those benefits are mostly hidden in the tax system and called tax expenditures by Carol Goar of the Toronto Star and therefore escape the scrutiny of politicians and the media

The tax rates that are constantly quoted are mostly irrelevant.

The total exemptions amount to about one third of the Federal budget revenue available, or about $100 Billion dollars.

We can only pray that we will elect a person who can help clean up the mess that has been made in OUR House of Commons.

Ed Goertzen
414-55 William St E
Oshawa On Ca
L1G 7C9
905-576-6699

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QUOTES

"The civilized have created the wretched, quite coldly and deliberately, and do not intend to change the status quo; are responsible for their slaughter and enslavement; rain down bombs on defenseless children whenever and wherever they decide that their "vital interests" are menaced, and think nothing of torturing a man to death: these people are not to be taken seriously when they speak of the 'sanctity' of human life, or the 'conscience' of the civilized world." - James Baldwin, Source: page 489 of COLLECTED ESSAYS (1998), from chapter one of "The Devil Finds Work" (orig. pub. 1976)

"Since world war two we've managed to create history's first truly global empire. This has been done by the corporatocracy, which are a few men and women who run our major corporations and in doing so also run the U.S. government and many other governments around the world." - John Perkins, 2005, author of the book titled 'Confessions of and Economic Hit Man' 

In the struggle of Good against Evil, it's always the people who get killed. - Eduardo Galeano  

"It's not enough to have lived. We should be determined to live for something. May I suggest that it be creating joy for others, sharing what we have for the betterment of personkind, bringing hope to the lost and love to the lonely." - Leo Buscaglia, author and university professor (1924-1998) 

The above quotes are from ICH on Dec. 18-19, 2015: InformationClearingHouse

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