Andrew Scheer Comes Under Scrutiny for His Own Use of Tax Loopholes: Here’s What We’re Reading
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Here’s what we’re reading today.
1. Andrew Scheer’s use of ‘super lucrative’ tax shelter hypocritical, Liberal MP says
“Conservative Leader Andrew Scheer has an ownership stake in three real estate limited partnerships, an investment vehicle open only to the wealthy and favoured for its tax-sheltering advantages.
“Real estate limited partnerships (RELPs) allow investors to immediately write off up to 50 per cent of their initial investment, a more generous tax-planning measure than RRSPs or a pension plan. And income earned on the investment can later be treated as a capital gain, drawing a much lower tax burden than regular income.”
– CBC News
2. Upstairs at home, with the TV on, Trump fumes over Russia indictments
“President Trump woke before dawn on Monday and burrowed in at the White House residence to wait for the Russia bombshell he knew was coming.
“Separated from most of his West Wing staff — who fretted over why he was late getting to the Oval Office — Trump clicked on the television and spent the morning playing fuming media critic, legal analyst and crisis communications strategist, according to several people close to him.”
3. Tories say Harper’s letter doesn’t change their approach to NAFTA
“Harper had shared gloomy thoughts on the deal a few weeks prior during an event in Washington, but the memo, which castigated the Liberals directly, was a rarity for an ex-political leader who has largely stayed away from any direct remarks on the current government since the 2015 federal election.”
4. Forget Washington. Facebook’s problems abroad are far more disturbing.
“The information war in Myanmar illuminates a growing problem for Facebook. The company successfully connected the world to a constellation of real-time communication and broadcasting tools, then largely left it to deal with the consequences.
“‘In a lot of these countries, Facebook is the de facto public square,’ said Cynthia Wong, a senior internet researcher for Human Rights Watch. ‘Because of that, it raises really strong questions about Facebook needing to take on more responsibility for the harms their platform has contributed to.'”
+1: For advertisers, Facebook’s Russia scandal is “just another case study that ads on Facebook can be highly effective” – BuzzFeed News
5. The rise and fall of South Africa’s far right
“What South Africa’s white supremacists can tell us about America’s.”
