"I think people conflate issues," Mr. Morneau said when asked why the government is not proposing changes to family trusts. "In a significant number of family trusts, it's actually after-tax money that goes into those trusts."

And Mr. Morneau is the third type of person- the one that deliberately conceals the truth to protect his own and his family's interests and those of the extremely wealthy.  In both Corporations and Trusts the money that goes into them is after-tax money and both use income sprinkling. In both trusts and corporations there are pools of his so called "dead money" passive assets. In fact in trusts there are more passive assets than in corporations.

So now the government feels it has the right to tell entrepreneurs what to invest in. The money invested in passive assets was being productively employed financing other third party businesses via publicly traded shares or debt.  

He just doesn't get it.