$10B Income – $15B Outgo = BROKE
This is the week for humour and the blindingly obvious, to normal intelligence people, but…
The taxpayer – that’s someone who works for the federal government but doesn’t have to take the civil service examination.
Ronald Reagan
In many cases before the courts now and in the past the CANADA REVENUE AGENCY is intervening in private contracts between private parties in making the claim that the exchanges between the parties are taxable income, subject to the Income Tax Act.
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re: The Elvis Presley movie titled “Follow That Dream” also deals with common law, claims for land and county jurisdiction over land, bank loans, a “character loan”, becoming a sheriff, homesteading and the state coming to kidnap the children…. WOW, wonder if Elvis knew?, cause when I watched it, I had no idea of the underline of this…that’ll teach me for not paying attention.