C A I T I – O N L I N E: Happy Halloween: How BCE successfully gamed Jim Flaherty….
I wish Flaherty had let BCE and Telus and everyone else become an income trust. In the end I don’t think companies should be paying any taxes at all. That’s right, NO CORPORATE TAXES!!!
The problem is simple: taxation without representation. Companies don’t vote, so why should they pay taxes. Let them distribute their profits to the citizens who do pay taxes and vote on what is to be done with those taxes.
Admittedly that would eliminate the ability of the politicians to use tax law for incentives that drive desirable behaviour (it would also eliminate the ability of politicians to use tax law for favours that drive un-desirable behaviour).
But tax law (all laws actually) suffer from becoming quickly out-dated. What was good five years ago may no-long apply. But a parliament that’s pre-occupied or out of session or in the middle of pre-election campaigning isn’t going to effectively change the laws to suite the times.
Shareholders, who vote at least annually, can always accept changes to the distribution that suit the needs of the company and desires of shareholders. And these days governments (through various social insurance programs) are large shareholders so they would retain a direct say in a company’s behaviour.
Happy Hallow e’en!!!
I’ve just discovered two interesting services: gravatar.com and openvatar.com.
Gravatar has been around longer and Openvatar might be kind of redundant but the concept sounds pretty cool to me. Note that WeeWorld (and others too I’m sure) have offered a similar service for even longer than Gravatar, but there’s some key differences.
Gravatar lets you upload or link to images you want to use as an avatar and then associates them with your e-mail address (you can specify multiple e-mail addresses and use the same or different avatars for each one). So now sites that display your avatar can request the appropriate image from Gravatar based on the e-mail address you used at the original site! And you manage your avatars in one place: Gravatar.com.
If the site doesn’t have Gravatar integration but supports linking to an off-site image then you can get the image URL for e-mail address(es) post them to the site.
This latter feature works just like Wee World’s live linking to your Wee Mee. As you change your gravatar (or WeeMee) the image generated by the link will update.
As for Openvatar, the service is redundant since OpenID allows transferring an avatar (or profile image) but since there are a number of OpenID providers the chore of managing your avatar at each provider could be simplified by a service like Openvatar (or by Gravatar extending their service to include your OpenID’s). I realise the promise of OpenID is that you need only ONE but the reality is you’re going to have several.
The wonderful thing about the internet is all the standards you have to choose from!
It was Nanny’s birthday party today, and like last year we hiked up Mt. Rigaud and had lunch near the cross at the summit.