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4 O c t o b e r 5 ' 1 7 H A N N A / c O r O N A t i O N / S t e t t l e r , A b . E C A r e v i e w<br />
<br />
On the Other Hand<br />
Don’t be snookered!<br />
V I E W P O I N T S<br />
The opinions expressed are not necessarily<br />
the opinions of this newspaper.<br />
<br />
by B.P. Schimke<br />
The fight against the federal government’s<br />
proposed taxes on small<br />
business is picking up steam, but<br />
should all people who identify themselves<br />
as small businesses, small<br />
farmers or small “c” conservatives<br />
really be on that bandwagon? Or are<br />
we just helping SOME well-heeled dentists,<br />
financiers, accountants, wealth<br />
managers, venture capitalists, architects,<br />
doctors, lawyers or “consultants”<br />
to use a loop hole to stash away gobs of<br />
money to avoid taxes.<br />
In the Globe and Mail on Saturday<br />
there was a full-page ad pleading for<br />
small businesses and entrepreneurs to<br />
sign a petition to the Prime Minister.<br />
Half the page listed sponsors.<br />
I didn’t see one farmer identified,<br />
local grocery store owner or small oilfield<br />
reclamation owner.<br />
I did see names familiar to us from<br />
CBC’s Dragon’s Den, Arlene Dickinson<br />
and Brent Wilson, and a number of<br />
very well-heeled venture capitalists.<br />
If your small business pays your<br />
spouse and children even though they<br />
do no work for the firm, sign the petition.<br />
But if you are a small operation<br />
that pays your spouse and children<br />
because they actually work, these proposed<br />
tax changes are irrelevant. Your<br />
wage expenses continue to be legitimate<br />
write-offs.<br />
If you have great gobs of cash at the<br />
end of each fiscal year and keep that<br />
money in the company to invest in<br />
stocks and other investments for the<br />
sole purpose of building your retirement<br />
nest egg and avoid personal<br />
income tax, then sign the petition.<br />
But if you are a small “c” conservative<br />
who is planning to retire the<br />
old-fashioned way through RRSP’s<br />
that trigger personal tax rates when<br />
<br />
mail bag<br />
taken out, investing after tax-dollars<br />
in tax free accounts, or using the proceeds<br />
from the sale of your small<br />
business, farm or family home, assets<br />
purchased with after-tax dollars or<br />
business income, then this is not your<br />
fight.<br />
If you are a small business or a selfdescribed<br />
entrepreneur and believe<br />
you are the economic engine of the<br />
country and deserve special privileges<br />
because of the risks you take, as has<br />
been argued, then by all means support<br />
the fight.<br />
However, if you don’t buy the argument<br />
that these select few are so<br />
special that they should pay lower<br />
taxes on their retirement income than<br />
you and your family, then say no.<br />
The fight against these changes is<br />
being financed by a rich lobby group<br />
attempting to make their personal<br />
interests a populist outrage.<br />
Do we really want a tax situation in<br />
Canada like our southern neighbours<br />
where multi-billionaire Warren<br />
Buffett admits he pays less in personal<br />
income taxes than his secretary!<br />
The majority of small businesses,<br />
small farmers and entrepreneurs will<br />
not be affected because these changes<br />
are about net income and legitimate<br />
business expenses.<br />
Before you join this fight, check your<br />
net income and see if it’s really about<br />
you. And if you are a wage earner,<br />
there’s absolutely no tax saving loopholes<br />
for you whatsoever so why<br />
martyr yourself to this highly organized<br />
lobby group.<br />
This campaign is primarily about<br />
incorporated individuals hiding under<br />
the well-respected umbrella of small<br />
business to exploit the lower tax rates<br />
for their personal gain.<br />
Don’t be snookered.<br />
Glad common sense prevailed<br />
when raising my family<br />
Dear Editor<br />
Like James Brietzke, I also enjoy<br />
receiving your paper and the common<br />
sense of your opinion coloumns.<br />
What happened to common sense in<br />
our governments? They seem to have<br />
no relationship knowledge or don’t<br />
care for the ordinary Canadian.<br />
It seems the normal is to give themselves<br />
big raises but no thought to local<br />
problems and all seem more concerned<br />
about world problems.<br />
What happened to living according<br />
to our means.<br />
With the NDP, future generations<br />
will be digging deep to get out of debt<br />
and Trudeau seems more worried<br />
about other countries, giving money<br />
willy nilly except for Canada.<br />
Didn’t see the BC fire victims get any<br />
help from the federal government.<br />
As for Trudeau’s United Nations<br />
(UN) speech, if he’d stayed home, cut<br />
the red tape and actually had got rid of<br />
bureaucracy instead of talking it to<br />
death. It’s way past time.<br />
Schwenk’s right, every division has<br />
pyramids on top of pyramids that need<br />
to be cut. It was easy and profitable to<br />
form them but it’s going to take some<br />
party with a strong backbone to get rid<br />
of them.<br />
When it comes down to it, the last<br />
election left a lot of people out in left<br />
field as no party was worth voting for.<br />
The older I get, I’m glad I raised my<br />
family in the 60’s and 70’s when we had<br />
common sense.<br />
Clara Sharpe<br />
Munson, Ab.<br />
<br />
mail bag<br />
Graduate from<br />
medical school<br />
Dear Editor<br />
The Beach and Rooke families are<br />
proud to announce that “He is<br />
FINALLY DONE!!!!”.<br />
Dr. Michael Beach has joined the<br />
team at Drumheller Associated<br />
Physicians, taking on a family practice<br />
there.<br />
He completed<br />
his medical<br />
school training<br />
at the<br />
University of<br />
Calgary in 2014<br />
where he pursued<br />
family<br />
medicine specialty<br />
with a<br />
focus on rural<br />
practice.<br />
He and his<br />
family have<br />
spent the past<br />
year in<br />
Edmonton<br />
where he completed<br />
anaesthesia<br />
skills training<br />
through the<br />
University of<br />
Alberta.<br />
Dr. Beach is<br />
accepting new<br />
patients in his<br />
Dr. Michael Beach and Registered Nurse and<br />
wife, Stephanie (nee Rooke) and their two-year<br />
old son.<br />
family practice in Drumheller and will<br />
be seen in the hospital working in the<br />
Emergency Room, providing anaesthetics<br />
in the operating room, caring<br />
for inpatients and providing labour<br />
analgesia in the form of epidurals.<br />
Mike is the husband of Stephanie<br />
(nee Rooke) who was raised on the<br />
family ranch<br />
near Pollockville,<br />
Ab..<br />
She is a<br />
Registered Nurse<br />
and hopes to<br />
pursue her dream<br />
of establishing a<br />
lactation practice<br />
in some form in<br />
Drumheller.<br />
They have a<br />
two year old son<br />
who keeps them<br />
both hopping!<br />
They are all<br />
thrilled to be<br />
returning to<br />
rural Alberta.<br />
Congratulations<br />
and good luck as<br />
you put your<br />
medical degree<br />
and skills to work<br />
serving<br />
Drumheller and<br />
surrounding area!!<br />
R<br />
R<br />
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