Income Trust Ruling 2 sign now

To: Stephen Harper, Prime Minister of Canada

We the undersigned, demand that you review the recent ruling on Income Trusts and modify it immediately to grandfather all existing oil and gas Income trusts. We demand that you tell the truth and live up to the election pledge you made on numerous occasions NOT to tax previously existing Income Trusts.

Please be reminded that You ridiculed the Liberal Party for merely contemplating taxing Income Trusts. To turn around and do just what you ridiculed the opposing parties for thinking about doing is beyond the pale and places your character into serious question. We voted you into office based on your pledge. And we invested in Income Trusts based on your pledge that you would "never" tax Income Trusts. Please be reminded that there are several video footages of these unqualified, unequivocal pledges you made to the people of Canada.

You were well or should have been aware there was tremendous interest by corporations to convert to Income Trusts when you made this pledge. BCE's announcement to convert to a Trust is simply no excuse for the highest authority in the land to lie to the Canadian public and destroy tens of Billions of dollars of our savings in the process and place hundreds of Billions into limbo. Tax perks such as Income splitting will not begin to repair the damage done and does no good for single individuals whose savings have been devastated by this ruling.

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