07 October 2013

As McSlippery as the last guy

In Liberal-run Ontario... everybody is a "Wynner"...

The large salaries and bonuses drawn down by 2015 Pan Am Games executives were necessary to win the major sporting event, Premier Kathleen Wynne says.
How large, you ask?
Games CEO Ian Troop pulls a $390,000 base salary but could see that figure topped by a $780,000 bonus if he completes his term and meets budget and timeline targets.
Yes, that's right... the already obscene salaries get tripled by the bonus.

Just something to consider as tax time rolls around once again.


UPDATE: Here comes the other shoe
"That little shmoozefest will cost Ontario/Toronto taxpayers at least $500,000, if not much more, I learned Monday."
Don't blame me, I didn't vote for them.


Frances said...

Count me seriously naive, but I belong to the day when one gave to the community, not robbed it.

Back in the day, I remember remarking to a fellow Brown Owl that the 'job' cost me 10 hours a week and $100 per year. And that was at a time when we depended on camping holidays (tents, provincial campsite, minimum time away from campsite) to replenish the family coffers (as in spent less than vacation pay). No regrets; would do it all again.

What is needed is to take CRA audit crews off harassing small businesses (the word has been out for some years to "give them something so they've 'won', pay up, and have them disappear), with the mandate to disallow all expenses that a small business would not be allowed to claim. Given we're dealing with a 'not-for-profit' or 'non-profit' (am not sure of the nomenclature); there would be no tax consequences. However, inappropriate expenses could well be deemed to be 'taxable benefits' and have to be included on these high-flyers' T4's;-).

Neo Conservative said...

socialists will invariably choose to spend their way out of any given situation... it's just in their nature.