March 29, 1945 (19th Parliament, 6th Session)

SC

John Horne Blackmore

Social Credit

Mr. BLACKMORE:

Let me present this concrete case. When my father died we had a herd of cows that were worth $135 each. That was in the autumn of 1919. We paid $45 a ton for the feed to feed them during the winter, but we had to sell them in the spring for $45 a head. What provision is there in the income tax structure to provide for such a terrible loss?

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