ForeverVille
Well, well, well, whadd'ya know...
Turns out that those wild Aquilini boys owe some taxes on a previous $140 million West Edmonton property sale that helped finance their subsequent acquisition of the Canuckleheads.
We know this because the judge overseeing the tax court case has ruled that each of the three brothers owes us all money on a capital gain of $11 million, plus, each.
Which, of course, means that the usual sports market shillophants in short pants will likely soon start screeching about how this will almost certainly lead to massive beer price increases down at the arena that Little Arthur lost, not to mention the immediate sale of young Mr. Pettersson to the godless Leafs if something isn't done to ease the brothers' collective pain.
But here's the thing that is most unbelievable about this entire thing, as relayed deep within a buried lede by Jason Proctor of the MoCo:
...According to the judgment, the brothers each initially declared taxable income of $50,572...
Gosh.
I guess it's true that the rich really aren't, but sometimes try to be, just like you and me.
Or some such butchered Fitzgeraldian thing.
______
Tip O' the Toque to Norm Farrell on his Twittmachine feed.
.
6 comments:
link to Norman ..... not
http://v/
https://twitter.com/Norm_Farrell/status/1142184886649806848
Patti Bacchus - B.C. Liberals' land-sales scheme was worse than you know - June 20, 2019
https://www.straight.com/news/1257466/patti-bacchus-bc-liberals-land-sales-scheme-was-worse-you-know
"I read details about the B.C. Liberals’ program to sell off public lands. Not surprisingly, those lands often ended up in the hands of the Liberals’ developer donors, who made massive profits from them. You mad yet? Well, wait, it gets worse.
In her recent Vancouver Sun series on the government’s sale of more than $1 billion worth of public land, reporter Lori Culbert has been doing the kind of digging too few journalists do anymore. It takes time and work to sift through documents and connect dots, but it’s important that the public learns about what governments do with public assets and why they do it—especially when it comes to the B.C. Liberals.
The story stinks to high heaven, but it really needed telling. Kudos to Culbert and the Sun for doing it."
Lori Culbert & Dan Fumano - Vancouver's Little Mountain: The money and the sad history behind a long-stalled project - Nov. 27, 2018
https://vancouversun.com/business/commercial-real-estate/vancouvers-little-mountain-the-money-and-the-sad-history-behind-a-long-stalled-project-2
Lori Culbert - Sold on your behalf: 164 B.C. schools and hospitals, agricultural and industrial lots worth $1 billion - June 14, 2019
https://vancouversun.com/news/local-news/sold-on-your-behalf-164-schools-and-hospitals-agricultural-and-industrial-lots-worth-1-billion
Lori Culbert - B.C. has sold 50 schools and educational land lots in six years - June 17, 2019
https://vancouversun.com/news/local-news/b-c-has-sold-50-schools-and-educational-land-lots-in-six-years
All of British Columbia's EXTRA properties put on chopping block so Christy Clark / Mike De Jong could balance their books
$50K per year? No wonder they had to screw their temporary foreign blueberry pickers to make ends meet.
https://www.citynews1130.com/2019/05/16/aquilini-temporary-foreign-workers-farm/
On the school land sale issue, it’s interesting that the BC Libs used the constant mantra of millions of people flooding into BC in the next couple of decades as the driving force for transit and Site C projects. Are we to accept the notion that those immigrants will be childless?
first the B.C. Lieberals cut the school budgets so school boards had to sell schools. About the only one who didn't was the VSB. Saw Richmond S.B. sell of land to developers. In the future Richmond will have to purchase land for schools at a much higher price than it was sold for. They weren't even smart enough to keep the land for parks or lease it so it could be used in the future, for government.
No public land ought to be sold. If the government doesn't need it now it will in 50 years. it ought only to be leased and thus also provide a stable income.
Once the school boards were financially squeezed they sold the land and the developers were thrilled. it was fun though to have the B.C. Lieberals try to force the sale of a school in the Comox Valley only to find out they couldn't. the land had been donated by pioneers who stipulated it had to be used for schools or reverted to the family. its still used by the education system to day. Stan hagen the then B.C. Liebeal MLA made a smoking hot deal for Crown Isle to sell what we all thought was a park for $350K. In the end the community forced a sale and Crown isle had to pay a million and change, but the community lost the park land.
el gordo started these land sales right before he sat down to work out land claims with the First Nations and what I noticed was the best land went to developers before they started the talks. the land could have been used to settle land claims but those developers obviously were more important.
Lets hope the NDP introduces leg. which will prevent this from happening again. yes, new governments can repeal leg. but we still have ICBC and the A.L.R. Some things just stay.
Donations to the BC Liberal Party by the Aquilini Family instead of paying their workers decent wages....
$1,047,715.00
Post a Comment