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Gold/Mining/Energy : Canadian REITS, Trusts & Dividend Stocks
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To: Taikun who wrote (9783)9/26/2005 12:42:40 AM
From: whitepine  Read Replies (1) of 11633
 
But why should Goodale do anything at all about the trusts? And even if he were to do something, why should it be behind closed doors with his fellow cronies?

IMO, trusts, by their very nature, enhance corporate governance. Since the profits are regularly distributed back to the unit holders, and since distributions cant be restated or spent on lavish cars, foolish acquisitions, etc., the managers are forced each month to distribute earnings.

What really is the beef? Is it the mutual fund advisors who lose sales? Is it those companies who have not become trusts? Is it just a simple revenue grab by the liberals?

I fail to understand why corporations should be subject to double taxation anyway. Why is a flat tax so objectionable, especially to the egalitarian left?

To those who might reply, if my questions seem OT, send a PM.

wp
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