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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

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To: KyrosL who wrote (10992)	11/4/2006 11:04:23 AM
From: badturd	Read Replies (2) of 217755

"The rationale for not grandfathering was that existing trusts enjoyed an unfair tax advantage compared to non-trust oil companies (CNQ, SU, etc.), which enabled them to bid higher for energy properties, so, eventually, they would have been able to buy up all of Canada's energy assets." Why is that a bad thing? What democratic governments fear most, is that economically illiterate voters will discover the true cost of government, and who really pays. Corporate taxation is pablum for illiterates who can't seem to understand that all corporate taxation is passed on to the consumer. The financially illiterate voter must always be baffled with bull shit, and happy stories of someone else paying their taxes.

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