30e8ee1c   
   XPost: can.general, can.politics, ott.general   
   XPost: ab.general   
   From: Canuck57@nospam.com   
      
   On 19/07/2011 7:59 AM, Alan Baggett wrote:   
   > What Brian Mulroney did that Encouraged Tax Evasion - Part 2 : CRA   
   > SOTW   
   >   
   > What on earth could a former Canadian Prime Minister ever do that   
   > would encourage some Canadians to avoid properly declaring their   
   > earned income?   
   >   
   > Well, let me tell you on a little trip down memory lane.   
   >   
   > After Brian Mulroney quit the Prime Minister’s job but was still a   
   > Member of Parliament he accepted cash payments from Karlheinz   
   > Schreiber. He accepted $1000 dollar bills, delivered in brown paper   
   > bags, in a series of secret meetings in 1993 and 1994.   
      
   And as a lawyer he knows better, that is if he was honest.  Ask the   
   RCMP, $1000 bills are only used for criminal activities.  No honest   
   activities occur with his volume of cash, the idea was to keep it from   
   showing on the income account.  Beyond a reasonable doubt too, Mulroney   
   is crooked.   
      
   > In 1997 UNDER SWORN OATH Brian Mulroney denied any significant   
   > dealings with Schreiber.   
      
   And no contempt of court or contempt of parliament.  Obviously has the   
   golden handshake.   
      
   > In 1999 Mulroney stated that he had accepted at least $225,000 in cash   
   > (and perhaps as much as $300,000) from that same Schreiber that he had   
   > previously denied having any dealings with. The cash was stashed in   
   > his home safe and in a deposit box in New York. A great way to hide   
   > assets from the prying eyes of the CRA because there is no paper   
   > trail. And when there is no paper trail it sure is easy to avoid   
   > declaring that income on your tax return. Which is exactly what Brian   
   > Mulroney did. He conveniently forgot to declare at least $225,000 (and   
   > perhaps as much as $300,000) on his yearly return of income.   
      
   Especially back then when you could have got 5.5% interest.  5.5%   
   interest on $300k is $16.5K per year.  Pretty obvious the intent was to   
   criminally evade taxes and allegations of corruption.   
      
   > So, to be clear, Mulroney has hundreds of thousands of dollars in a   
   > safety deposit box AND IN HIS VERY OWN HOUSE yet he forgot to declare   
   > this money on his tax return.   
      
   He didn't forget any more than pigs fly.  If you believe Mulroney, I   
   have some Arizona beach-front for sale cheap....   
      
   > And Brian forgot these hundreds of thousands of dollars that he was   
   > steps away from in his own home for several years. In fact he forgot   
   > until 1999 when Schreiber was under criminal investigation in Germany.   
   > Only then, after threat of exposure, did Brian Mulroney suddenly   
   > remember these hundreds of thousands of undeclared untaxed income that   
   > he was just steps away from in his home.   
      
   Here is what really happened.  Mulroney got $300K, but over the time,   
   spent it hear and there and only had $225K left.  He knows making alrge   
   deposits will send a message to CRA.  It is probably how he got the   
   squeeze on other politicians.   
      
   > How this guy can forget hundreds of thousands of dollars he is just   
   > steps away from yet manage to remember a tricky combination lock on a   
   > home safe is beyond me.   
   >   
   Beyond a reasonable doubt, guilty as it gets.   
      
   > And Mulroney’s excuse for not declaring the income? He stated that the   
   > money was simply a retainer. For services to be rendered at a future   
   > date. When he rendered the services then he would declare the money as   
   > income.   
      
   Funny, retainers are held in trust accounts, Mulroney being a lawyer has   
   no excuses, he should know the law.   
      
   > But if you know anything at all about Income Tax in Canada then you   
   > know that money is taxable in the year that it is received –   
   > regardless of when it is earned. Section 12 requires such income to be   
   > reported. And since this is a case of future services, if the services   
   > have not been delivered by the end of the year then section 20 of the   
   > ITA allows for a reserve to be deducted. Which means you would declare   
   > part of the total payment as income.   
      
   Yep.  Tax forms even say that.  Being a lawyer isn't necessary, and a   
   lawyer does know better, or should.   
      
   > Now Mulroney said that he intended to follow the law. So then why did   
   > he not declare any reserve on his 1995 tax return? Or 1996? Or 1997?   
   > Or 1998? Because though the services had not been rendered some of   
   > that reserve has to be declared as income. Yet Mulroney never declared   
   > a penny of this.   
      
   It was intentional.  At least 40% of $300K, he had $120K free reasons   
   not to.  Hey, taxes are so high they encourage this.   
      
   > And yes, Brian Mulroney did have professionals do his taxes. And they   
   > WOULD know the tax law. But if Mulroney somehow forgot to tell his tax   
   > pros about the $225,000 then how could they include it on his tax   
   > return?   
   >   
   > They couldn’t.   
   >   
   > NEXT WEEK: How the Canada Revenue Agency abetted Brian Mulroney - Part   
   > 3 : CRA SOTW   
      
   Hey, your missing the juicy part on how he got Chretien Liberal to pay   
   him $2.1 million tax free!!!!   
      
   Hey, Mulroney made off like a bandit!!!   
      
   But that is how Ottawa works, but today they use offshore electronic   
   transfers from international banks, and $100 bills for the small bribes.   
     Local casino can launder them.   
      
   Or more likely their personal credit cards get paid in cash without a   
   transfer from the income account.  CRA does not check for this and I   
   doubt the RCMP does either.  So if you pay utilities, property taxes,   
   groceries, vacations on the CC, then walk in with the cash....goes   
   unnoticed by the CRA.  Make sure you do less than $10K a month.  But   
   then $300K is like 30 months of free bills and high on the hog eh?   
      
   I wonder if Jack Layton used cash for the massage?  LOL.   
      
   They know the tricks.   
      
   So do the back room criminals.  Remember Schreiber had the squeeze on   
   Mulroney because he took the cash.  And we wonder why most polticians   
   don't answer to the people, it is because they are in someone else's pocket.   
      
   To Mulroney it isn't a crime, it is the way Ottawa operates.  His only   
   crime was getting it publicized because of a failed deal with Schreiber.   
     How many go totally unnoticed?   
      
   --   
   What government fears the most is that the people correctly learn that   
   they need government less than the government needs them.   
   Say no more debt, no more debt-slave taxes.  Economic freedom matters too!   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)