Harper government’s fraudulent attempt to look tough on tax havens: McQuaig
If the Harper government had any genuine interest in tackling tax havens, it would get behind growing global efforts to shut them down. Even the U.S. Congress passed a sweeping law, to take effect next year, requiring foreign banks to report all assets held by their U.S. clients to U.S. tax authorities.
A plan to develop an international system along these lines, long championed by the U.K.-based Tax Justice Network, has fresh momentum in the wake of last week’s revelations.
And ironically, Linda McQuaid can be expected to raise bloody hell once she realizes what FATCA implementation in Canada actually means. Perhaps she needs some educating :-).
“If the Harper government had any genuine interest in tackling tax havens, it would get behind growing global efforts to shut them down. Even the U.S. Congress passed a sweeping law, to take effect next year, requiring foreign banks to report all assets held by their U.S. clients to U.S. tax authorities.”
McQuaig doesn’t even have the courage to say “FATCA”, and fails to take the perfect opportunity to castigate the Harper government for not signing an IGA. Is she getting soft on FATCA, or could she be concerned that she could find herself cheerleading for the wrong team in the end if FATCA fails?
I tried. No success.
Basically what I have found is people who liked FATCA from beginning to tend to be impossible to turn on the issue. Those who have hated it since the beginning like us but also Elizabeth May and others aren’t changing our positions either.
If she thinks FATCA is so great, and Harper could do more by emulating the US, why didn’t she say that Harper could do more by signing onto FATCA? I just found it weird that she held back on this.
So she’s so caught up on giving the one percenters their comeuppance that she’ll wilfully ignore what FATCA means to Canada? Sigh.
When Linda McQuaig can logically refute all this section of http://papers.ssrn.com/sol3/papers.cfm?abstract_id=2247615, perhaps she will have more credibility (or I’ll be able to understand what she says better?).
And, yes, what’s the psychiatric reasoning that Ms. McQuaig can’t she say the word FATCA? Unbelievable.
@Joe Smith — and thanks for that!!
I gave Linda McQuaig my absolute disdain when she started quoting my maternal uncle Chief of Social Security Division Hideo Mimoto in her treatise “Shooting The Hippo”.
In other news: Liberals outraged by Obama cuts to Social Security and Healthcare http://washington.cbslocal.com/2013/04/09/liberal-groups-outraged-over-social-security-cuts-in-obama-budget/
You know what. My sympathy towards the Liberal faction in the United States and Canada just bottomed out. Liberals will do better looking up sympathy in the dictionary. They know what two words sympathy lies between.
Animal, thanks. I just had to look that up: http://www.google.ca/url?sa=t&rct=j&q=&esrc=s&source=web&cd=1&cad=rja&ved=0CDcQFjAA&url=http%3A%2F%2Fwww.urbandictionary.com%2Fdefine.php%3Fterm%3Dsympathy&ei=vslkUYHIF-33igLU6YHgBw&usg=AFQjCNHIuBL-ZHI9rA-qQPD-3rbnwEj-yg&sig2=0ueqGTfh6GANU5ozGD8fIQ&bvm=bv.44990110,d.cGE