| # | Name | Comments |
|---|
| 251 | Mark Sampson | |
| 252 | Cheryl Goldie | |
| 253 | Torben Friis | |
| 254 | Rick Moroz | I have been taxed on a huge $ amount of employment benefit that was never realized. How can some people have this flaw corrected for them, yet not all Canadians in the same situation can say this? |
| 255 | John Meades | |
| 256 | Warren Tam | |
| 257 | Anonymous | Best situation would be to allow capital loss on the shares to offset the paper employment benefit. Tax us on the money we actually received. |
| 258 | Chris Miserva | Faced with having to fill out the exact same ESO-tax-deferral as part of my income-tax return for the rest of my life I'm happy to support any effort to get this loop-hole closed. |
| 259 | Manho Cheung | |
| 260 | Semeon Hrushovetz | |
| 261 | Isalexus Monaghan | My taxable "stock option benefit" is zero because the stock price went deep south. So Mathematically : 0 taxable benefit earned x 17% tax rate= 0 tax |
| 262 | Jeremy Stashewsky | |
| 263 | Anonymous | |
| 264 | David Mercer | I wish us all luck on this one, but doubt that the government would ever rescind such an easy cash grab. Still, if any one was going to do it, I suppose it's this current administration. |
| 265 | Claude Champagne | |
| 266 | Adrian Lucas | |
| 267 | Richard Heslip | |
| 268 | Anonymous | I actually left my company 8 years ago to pursue other opportunities, and was a bit shocked this year when my accountant informed me that the shares I thought were an asset are actually a large laibility due to the deferred stock option liability. So, the shares sit there, without the possibility of ever being sold by me. Why sell and trigger a tax liability when I can just put them under my bed and not ever trigger the liability. |
| 269 | Doug Ransom | |
| 270 | David Makihara | |
| 271 | Anonymous | |
| 272 | Bill McDougald | This not only requires action but the right kind of action. It requires thoughful deliberation by people who are deliberately being fair, to end this mean and needless taxation. |
| 273 | Khosrow Mossannen | |
| 274 | Anonymous | |
| 275 | Anonymous | |
| 276 | Anonymous | It is unfortunate that the Governement of Canada continues to insist on benefiting from the Technology Boom when investors and employees have all lost or erased their gains. Many of the signatories on this petition continue to provide significant tax revenues from income to Federal and Provincial governements, it is unjust to tax on income never realized and never realizable. Allowing offset of income gain with stock option losses would be fair and just. |
| 277 | Anonymous | Allowing those affected to offset the unrealized deferred income gain with the corresponding capital loss would seem to be a reasonable solution. |
| 278 | Yao-ting Lee | |
| 279 | Babak Samimi | |
| 280 | Kevin Tymchuk | |
| 281 | Anonymous | |
| 282 | Paul Hartley | |
| 283 | Anonymous | |
| 284 | Paul Jones | This cost me a significant amount of money that I never even saw. |
| 285 | Chris Costa | |
| 286 | Kris Hanks | |
| 287 | Jonathan McDonald | |
| 288 | John D. Poaps | |
| 289 | Adly | |
| 290 | Michael Loh | I was impacted with an $80,000 tax bill which to pay I sold my house (at a loss) and cashed in much of my RRSP. I could have not sold stock and held off paying taxes - but that would have left the burden to my family in event of my death - so the decision was to bite it....
Tax was on options that cost me $0.20 for startup company which I exercises when over $60.00 USD. I exercised instead of losing stock as I had resigned my position at said company and would lose stock if not exercised. Problem is...I was in a lockout period - I could not sell stock for another almost 2 months. The first day I could sell stock, the telecommunications sector crashed and the stock was trading at sub $8.00 USD... |
| 291 | Martin Javor | In the name of justice!!! |
| 292 | Anonymous | How can they tax you on money you never even had?
They can and they do....
I petition for this to change as well. |
| 293 | Anonymous | |
| 294 | Shannon MacLeod | I was employed at Creo products from 1995-1999 and was effected by the tax system for employee stock options. |
| 295 | Robert T. Chisholm | The whole affair, involving people being taxed based on money that they never in fact received, is utterly stupid. Quite apart from the unfairness towards the people affected - involving, in some cases, people's lives being ruined - the tax laws involved clearly did not anticipate situations of the kind that have arisen.
Refusal by the authorities to change what is obviously defective / dysfunctional legislation is just plain un-professional, quite apart from anything else.
To pretend that the law cannot be changed is simply a case of pretending that the AXIOM represented by the law is a REASON for not correcting the problem. it's like saying "...there's so much of it going on that you can't possibly do anything about it...", or some such - a common form of muddled and incompetent "reasoning" frequently used for the purpose of obfuscation and fobbing people off.
In a May 2002 speech, Prime Minister Stephen Harper (as Leader of the Official Opposition, at that time) said that Canada was a "...nation of defeatists..." I have this documented. This should be brought to the attention of the Prime Minister.
This problem is being caused by lawyers and bureaucrats trying to "look tough" in front of their peers or superiors, by being dictatorial and peremptory, over things they maintain "...can't be done..." , far beyond the point of merely being absurd. Unsatisfactory; the people responsible should all be removed from their jobs without delay.
It is not acceptable that a bunch of stupid lawyers and bureaucrats should be allowed to propagate the type of defeatism and defeatist attitudes that the Prime Minister himself disapproves of.
See also my web sites, concerning some other problems which people are pretending "...can't be solved...", or some such:-
http://www.exposethismuck.com
http://www.unempgeninfo.com
I will be putting links to your web site on my own web site home pages shortly.
Sincerely, Robert T. Chisholm (OBJ discussion board, "De-fusing a tax timebomb") |