This is a single
speech (committee meeting) resource
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This is a single
speech (committee meeting) resource
from the openparliament.ca API. If you’re new here, you might want to look at the documentation. If API and JSON are gibberish to you, you’re better off at our main site.
{
"time": "2007-05-17 12:05:00",
"attribution": {
"en": "Mr. Dean Del Mastro",
"fr": ""
},
"content": {
"en": "<p data-HoCid=\"651836\" data-originallang=\"en\">Sure, but basic economics and finance would say that you're going to claim that deduction where it means the most money to you; you're not going to claim it in a lower-tax jurisdiction. That's basic finance.</p>\n<p data-HoCid=\"651837\" data-originallang=\"en\">I want to go back to something from 2002 that you said. You said: </p>\n<blockquote><p data-HoCid=\"651838\" data-originallang=\"en\"> ... hundreds of millions of Canadian tax dollars have been lost to multinational firms because of weaknesses in federal law. </p>\n<p data-HoCid=\"651839\" data-originallang=\"en\"> Foreign-based companies have taken advantage of loopholes in Canadian laws to cut millions of dollars from their tax bills here.... At the same time, many of those firms report their earnings in low-tax countries such as Barbados, and pay their taxes there. </p>\n<p data-HoCid=\"651840\" data-originallang=\"en\"> Tax rules that reduce tax revenue mean either higher taxes for other taxpayers </p>\n</blockquote><p data-HoCid=\"651841\" data-originallang=\"en\"> \u2014the average Canadian\u2014 </p>\n<blockquote><p data-HoCid=\"651842\" data-originallang=\"en\"> or reductions in public expenditures. </p>\n</blockquote><p data-HoCid=\"651843\" data-originallang=\"en\"> \u2014meaning we can't afford to pay for as much of our social safety net. </p>\n<blockquote><p data-HoCid=\"651844\" data-originallang=\"en\"> Nobody wants to pay someone else's taxes. ... It's time to fix this. </p>\n</blockquote><p data-HoCid=\"651845\" data-originallang=\"en\">This was in 2002. Well, here we are in 2007 and we're talking about entering into steps to eliminate double-dipping. It's time to move on this, wouldn't you agree?</p>",
"fr": "<p data-HoCid=\"651836\" data-originallang=\"en\">Bien s\u00fbr, mais selon les principes \u00e9conomiques et financiers fondamentaux, il serait logique de d\u00e9duire l'int\u00e9r\u00eat dans le pays o\u00f9 cela vous rapporte le plus et non dans un pays o\u00f9 les taux d'imp\u00f4t sont faibles. C'est un principe financier fondamental.</p>\n<p data-HoCid=\"651837\" data-originallang=\"en\">J'aimerais revenir \u00e0 ce que vous avez dit en 2002. Vous avez dit:</p>\n<blockquote><p data-HoCid=\"651838\" data-originallang=\"en\"> ... des centaines de millions de dollars en imp\u00f4t canadien ont \u00e9t\u00e9 perdus au profit des entreprises multinationales \u00e0 cause des lacunes des lois f\u00e9d\u00e9rales. </p>\n<p data-HoCid=\"651839\" data-originallang=\"en\"> Les entreprises \u00e9tablies \u00e0 l'\u00e9tranger ont profit\u00e9 des \u00e9chappatoires que renferment les lois canadiennes pour r\u00e9duire de millions de dollars l'imp\u00f4t qu'elles doivent payer au Canada... Parall\u00e8lement, un grand nombre de ces m\u00eames entreprises d\u00e9clarent leur revenu dans des pays o\u00f9 le taux d'imposition est faible comme la Barbade et paient leurs imp\u00f4ts l\u00e0-bas. </p>\n<p data-HoCid=\"651840\" data-originallang=\"en\"> Les r\u00e8gles fiscales qui r\u00e9duisent les recettes fiscales entra\u00eenent soit des imp\u00f4ts plus \u00e9lev\u00e9s pour les autres contribuables </p>\n</blockquote><p data-HoCid=\"651841\" data-originallang=\"en\">\u2014 le Canadien moyen \u2014</p>\n<blockquote><p data-HoCid=\"651842\" data-originallang=\"en\"> soit des r\u00e9ductions des d\u00e9penses publiques. </p>\n</blockquote><p data-HoCid=\"651843\" data-originallang=\"en\"> \u2014 ce qui signifie que nous n'avons pas les moyens d'augmenter les d\u00e9penses consacr\u00e9es au programme de s\u00e9curit\u00e9 sociale.</p>\n<blockquote><p data-HoCid=\"651844\" data-originallang=\"en\"> Personne ne veut payer les imp\u00f4ts des autres. Il est temps de r\u00e9gler ce probl\u00e8me. </p>\n</blockquote><p data-HoCid=\"651845\" data-originallang=\"en\">C'\u00e9tait en 2002. Eh bien nous sommes maintenant en 2007 et nous sommes en train de parler de prendre des mesures pour \u00e9liminer la double d\u00e9ductibilit\u00e9. Ne croyez-vous pas qu'il est temps d'agir \u00e0 cet \u00e9gard?</p>"
},
"url": "/committees/finance/39-1/85/dean-del-mastro-10/",
"politician_url": "/politicians/dean-del-mastro/",
"politician_membership_url": "/politicians/memberships/392/",
"procedural": false,
"source_id": "2094673",
"document_url": "/committees/finance/39-1/85/",
"related": {
"document_speeches_url": "/speeches/?document=%2Fcommittees%2Ffinance%2F39-1%2F85%2F"
}
}