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   calgary.general      A very nice Canuck city, no libtard BS      176,774 messages   

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   Message 175,017 of 176,774   
   Canuck57 to Alan Baggett   
   Re: Rising writeoffs cost Ottawa over $4   
   17 Nov 13 18:35:52   
   
   From: Canuck57@nospam.com   
      
   Heck, they even cut mafia in tax arrears $400,000 checks!!!   
      
   On 14/11/2013 5:57 AM, Alan Baggett wrote:   
   > Rising writeoffs cost Ottawa over $4B last year : CRA SOTW   
   >   
   > Jason Fekete   
   > Published: November 6, 2013, 4:57 pm   
   >   
   >   
   > OTTAWA — The federal government wrote off or dismissed more than $4 billion   
   last fiscal year in money it was owed — a 38-per-cent increase from just two   
   years ago — at a time it has been trying to eliminate a deficit estimated at   
   more than $18 billion.   
   >   
   > Ottawa’s write-offs, forgiveness and waivers on debts owed to the federal   
   government totalled about $4.3 billion in the 2012-13 fiscal year, up more   
   than $350 million from the previous year, newly released federal public   
   accounts show.   
   >   
   > Over the past two years, the worth of debts and obligations lost by the   
   federal government from write-offs, forgiveness, remissions and waivers has   
   risen nearly $1.2 billion (to $4.3 billion in 2012-13 from $3.1 billion in   
   2010-11).   
   >   
   > Leading the way in tax-dollar write-offs and forgiveness is the Canada   
   Revenue Agency, with more than $3.3 billion uncollected from hundreds of   
   thousands of cases of unpaid tax debts due to bankruptcy, failure to find   
   people, and when all avenues of    
   collection have been “exhausted.” About $3 billion of that total was in direct   
   write-offs.   
   >   
   > “The CRA uses every effort to collect all tax debts from those who do not   
   pay voluntarily. Over time, it is inevitable that some tax balances will not   
   be collected and eventually written off,” the CRA said Wednesday in a   
   statement.   
   >   
   > In 2012-13, the agency resolved $37.3 billion in tax debts through   
   collection, CRA officials say. In the case of write-offs, taxpayers are still   
   obligated to pay their debts, and the CRA can still collect the debt if the   
   taxpayers are located or their    
   financial situation improves in future.   
   >   
   > Human Resources and Skills Development Canada (now known as Employment and   
   Social Development Canada) was next on the list, with about $528 million in   
   write-offs, forgiveness and waivers. The department’s write-offs in 2012-13   
   included about $231    
   million on 44,000 uncollected student loans — bringing total student loan   
   write-offs to more than half a billion dollars in two years.   
   >   
   > The mounting losses from write-offs and other uncollected obligations come   
   at a time the Conservative government is tightening purse strings across   
   federal departments and laying off thousands of public sector employees. The   
   cash could also come in    
   handy in paying down a federal deficit that totalled $18.9 billion at the end   
   of the 2012-13 fiscal year. The Conservative government has promised to   
   eliminate the deficit in time for the 2015 federal election.   
   >   
   > The federal public accounts also show hundreds of millions of dollars worth   
   of fraudulent claims and stolen goods.   
   >   
   > The government paid out nearly $160 million in fake employment insurance   
   claims last fiscal year, up nearly 25 per cent from the previous year, the   
   documents show, although the government expects to eventually recover almost   
   all of that money.   
   >   
   > Also, thieves stole millions of dollars worth of military weapons and   
   accessories, as well as dozens of federally issued BlackBerrys, laptops, iPads   
   and USB keys in the last fiscal year, the documents show.   
   > The financial reports also show unauthorized use of government-issued credit   
   cards and fraudulent sick-day claims by Canada Revenue Agency employees.   
   >   
   > jfekete@postmedia.com Twitter.com/jasonfekete   
   >   
   > Debts, obligations and claims written off or forgiven by the federal   
   government in the 2012-13 fiscal year:   
   >   
   > Write-offs: Number — 374,558; Amount — $3.4 billion   
   > Forgiveness: Number — 352,436; Amount — $646 million   
   > Remissions: Number — 75,575; Amount — $10.7 million   
   > Waivers: Number — 366,014; Amount — $271 million   
   > Total: Number — 1,168,583; Amount — $4.3 billion   
   >   
   > Highest-value write-offs, forgiveness and waivers by federal departments and   
   agencies:   
   > Canada Revenue Agency: $3.3 billion;   
   > Human Resources and Skills Development Canada: $528 million   
   > Federal budget deficit in 2012-13: $18.9 billion   
   > Total federal expenses in 2012-13: $275.6 billion   
   >   
   > -----------------------------------------------------------   
   > Miss a Tax Tale Miss a lot!   
   > Visit the CRA SOTW Library at http://canada.revenue.agency.angelfire.com   
   > ------------------------------------------------------------   
   > Alan Baggett – Tax Collector’s Bible -  http://taxcollectorsbible.com/   
   >   
      
      
   --   
   Socialist-statism corruption is a great idea so long as the credit is   
   good and other people pay for it. When the credit runs out and those   
   that pay for it leave, they can all share having nothing but   
   unemployment, debt and discontentment.   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)   

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