No, why would anyone voluntarily give up such a massive con/myth if it continues to serve a purpose: a perfect foil/boogieman to blame every time conservatives fail to win over Canadians or to convince the majority of us that they deserve to run the country and write our laws. Can't be that Canadians are liberal/progressive. No, it's because of “The Media” and media bias… even though they almost all endorsed Harper during this election and gave him a very very easy ride throughout.

Government Greed and Income Trusts.

Here’s some simple mathematics for retired seniors holding income trusts in their Registered Income Funds (RIF’s -the vehicle paying monthly income to retirees and the alternate to pension plans.). For the next four years seniors will continue to get a $1/unit distribution from ordinary trusts. In 2011, the $1/unit distribution will be reduced to less than 70 cents/unit after payment of government corporate taxes. I then take the 70 cent as a payment from the RIF. For me, trust income was used in a diversified portfolio to increase the yield, and the trust payments are coming out of my RIF at the top marginal tax rate, 45% average for all Canadians. So governments get another 31 cents of the original $1/unit distribution. Wow, talk about government taxation productivity! Talk about corporations paying their fair share. Governments are to receive more than 60% of the original $1/unit distributed from income trusts under the new Conservative fair share tax plan of corporately taxing income trusts. Yes I’m fortunate to have a large $RIF, but I would rather have one of the large civil servant pensions I read about in the paper from time to time. Maybe the beauracrats and politicians are just trying to protect their government backed, inflation adjusted, about to be spousally income tax shared , public service pension plans.