Tag Archives: The Government taketh

The Taxman Taketh, and taketh, and……

One hopes, that in death, the taxman would be forgiving, but it appears that is far from the case. Not only are they not forgiving, but they harass  and intimidate to such a point that it is abominable. Imagine, your life partner for nearly 50 years has died after a long illness, first  your joint bank accounts are frozen, and you find yourself with virtually no way of accessing your money. No end of forms to fill in at the bank, notary, and finally accountants. All the proper documentation produced endlessly, still no way of accessing your cash…months pass, the forms from the banks and government are endless, and it appears the only way to deal with the never ending saga is to hire a notary and have the accountants deal with the government. Income taxes must be filed, forms stating the value of one’s assets, and declarations, will’s to be produced….and ten  months later, when one would hope it was finally coming to an end, the government in their infinite wisdom re-assess the tax forms going back several years, and decide to charge even more tax.

This is the way the government deals with those who are grieving the loss of a loved one.

Do you think this is one isolated case?

Think again.

Over the last year, we have heard of no end of government bailouts for large industry with the excuse that jobs must be saved. No one has actually stepped forward to explain where all the billions of dollars which are being used are coming from. Senior executives in some of these corporations are giving themselves huge ‘retention’ bonus’ to stay, in the very companies they have pillaged and destroyed by their greed. We hear of isolated cases of lawsuits against the senior executives, but for the most part, the populace is remarkably silent. Why you ask?

For the simple reason that they are being bombarded with tax bills by the government and are scrambling around stressing out trying to figure out where that extra $2000 or $5000 is coming from when they are already stretched to the limit.

In the last year, I must have spoken to 50 people who are being re-assessed for taxes, which, in many cases were prepared by accountants and not the individuals themselves. Every myriad of additional taxation, estate tax, income tax, re-evaluation of past taxes, revision of deductions, RRSP’s, and more. In every case, the person I have spoken to is quietly freaking out as they paid a professional to prepare their taxes, and they are being re-assessed, and are under the impression that they are the only one.

The man who owns a sun tanning studio who has had a ‘life style’ audit.

The decorator who was obliged to give up his fabulous office of 30 years due to a huge back tax audit.

The small business owner who discovered his accounts were seized, and had no way to pay his employees.

The telecommuter in the IT industry who has to provide proof that the portion of his home is a certain percentage of overall square footage, and is not used for any other purpose.

The consultant who is being audited for having a smaller than usual income tax return.

The widow.

The homeowners renting out a couple of rooms in their huge empty house as a way to help pay the escalating property taxes.

The retired couple living on an increasingly small budget as their investments are losing money instead of providing an income stream.

These people are typical individuals from every walk of life, eking out a living the best they can in a world recession

It is time to speak out. We see and hear about every sort of protest except taxation. Taxation which was originally a temporary thing, and which now puts people in jail or on the street when the government seizes their bank accounts, property and wages. No consideration whatsoever as to the damage they are doing to  the credit records of the hundreds of thousands of individuals they are assessing, many times it is inaccurate, but the damage they cause is irreparable.

You are NOT the only one.

The only way this problem will go away is if everyone speaks about it openly and agrees that this strong arm approach has to stop.

Suggesting that law abiding citizens who have paid for an accountant and are being re-assessed are ‘dead-beat’s’ is neither attractive nor the truth.