Dear Revenue Canada,
I expected to make $200K last year. Unfortunately I only made about $80K. That’s a net loss of…um…carry the 2…$120K. Obviously I won’t be paying any income tax this year. As a matter of fact, I’d like that $20K back that I’ve already paid you.
Thanks.
What? If it’s good enough for Big Business and the Banks, who am I to argue?
Seriously, my RRSPs that I invested with my bank in 2007 are actually worth $500 less than when I invested them. How is that possible? Oh, I know, the recession and all, but tell me this: How much money did the bank lose in that same amount of time? And don’t give me that, “Oh, we expected to make this much but only made this much crap,” either. I mean how much actual loss did they accrue? After all, they’re the same people responsible for investing my RRSP funds, they must have taken a loss, right.?
What? Record profits!
That doesn’t sound right.
Published on October 27, 2011 10:55