Sheer tax cuts

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Pete Podoski
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Re: Sheer tax cuts

Post by Pete Podoski »

Hint: spend less.
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floppi
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Re: Sheer tax cuts

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Sparki55 wrote:https://www.google.com/amp/s/globalnews.ca/news/3948287/when-it-comes-to-cheque-hand-outs-the-trudeau-government-easily-tops-harpers-record/amp/

Easy, you cut back on all the handouts back down to a Harper government level. Poof money from nowhere. The taxes are raised to pay for all this extra stuff.


Scheer's cutting taxes remember? There is no extra....only way less revenue. That's what happened to Harper's government when they cut taxes. The government lost 30 Billion dollars in revenue that will never be recovered. And because they had less income, they had to cut multitude of programs.....of course, that didn't stop them from spending money for ads on themselves to the tune of 750 million dollars, or the other too many to count frivolous spending by the Harper regime.
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Re: Sheer tax cuts

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Sparki55 wrote:https://www.google.com/amp/s/globalnews.ca/news/3948287/when-it-comes-to-cheque-hand-outs-the-trudeau-government-easily-tops-harpers-record/amp/

Easy, you cut back on all the handouts back down to a Harper government level. Poof money from nowhere. The taxes are raised to pay for all this extra stuff.

Very interesting analysis. Thanks for posting.
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Re: Sheer tax cuts

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*removed*
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ckil
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Re: Sheer tax cuts

Post by ckil »

floppi wrote:So what happens when you cut 6 Billion dollars from the government coffer? Where is the money coming from to fund the current programs?......just print more money?....borrow from the Canadian citizens?....sell more weed?....oh wait, in Ontario run by a Conservative, they've managed to lose money selling weed [icon_lol2.gif].....how is that possible?


Let our natural resource industry prosper, rather than scare away investment like Trudeau has. It is not rocket science.
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Re: Sheer tax cuts

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*removed*
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floppi
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Re: Sheer tax cuts

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*removed*
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The Green Barbarian
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Re: Sheer tax cuts

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Brerrabbit18 wrote:
I really don't want to vote for Trudeau,


Me either! He's terrible!
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JLives
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Re: Sheer tax cuts

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Gone_Fishin wrote:You get that by ramping up your economy and spending within your means. You don't get that by chasing investment away with high taxes and scuttling development projects. Cash flows into government for our social programs when we attract investors to invest. Trudeau has chased investment away in record numbers, and that's why he has huge deficits, poor services, and 50% of Canadians going bankrupt if they miss a paycheque or two. It's unsustainable and a huge threat to our much-needed social programs.


We're talking about the economy that exists presently, not a whimsical one from 40 years back in the day. Trickle down has been tried a thousand times and it's not the best system. Corporations are under no obligation to provide a sustainable living to their employees. They should be, but that's not how it works. Nor do corporations provide healthcare, police services, education, transportation system and on and on. The more money we take out of our coffers, the less we have to spend on the things we use together that are worth investing for us to have a decent society.

Canadians are going bankrupt because that is what is actually propping up our economy right now. It's our citizens feeding the economy on huge amounts of credit being dolled out. Housing being a huge part of that. But private enterprise has zero interest in making housing affordable because it still costs the same to build (less a tiny margin) but has less profit. That's what happens when you have a system who's only motivation is profit. The people don't really matter.
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Re: Sheer tax cuts

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There are company CEOs who advocate paying forward and putting back in to the community and employees. They already provide millions of paying jobs. Capitalism is the system we have now and it works well. The alternative is blatantly obvious in many other countries. In 2015, I recall a lot of hope being placed on a new green industry that would employ millions while turning our country green. Supporting Green and developing green products and energy sources would liberate us all... too bad not even 0.0001% of that has materialized and we have all ended up paying thousands out of our own pockets to something that doesn't exist. In fact the world is beginning to abandon wind and solar. Green was the red herring of the day. There is a lot of money to be clawed back from liberal stupidity.
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Pete Podoski
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Re: Sheer tax cuts

Post by Pete Podoski »

removed. Were you outraged when Trudeau came along with his so-called "middle class tax cut" from 22% to 20.5%?

If so, have you remitted the extra 1.5% to Revenue Canada so that you can continue to champion high taxes for working people as a means to fund your chosen social programs?
Last edited by Catsumi on Sep 17th, 2019, 4:32 pm, edited 1 time in total.
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Re: Sheer tax cuts

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removed , How about explaining how Scheer is going to pay for the 8.3 Billion dollars a year in extra spending per year he's proposing? Where is the money coming from?

The Conservative measure may seem marginal but it comes with a hefty price tag — $600 million a year when fully implemented, according to the Parliamentary Budget Office. Scheer is now racking up the spending commitments — the universal tax credit unveiled Sunday will cost up to $6 billion a year when it is fully introduced. He has skated around questions about how he will pay for this spending but he confirmed he has no plans to cut the Canada Child Benefit, which the Liberals enriched by 15 per cent for children under age one on Tuesday. “The Canada Child Benefit is a Conservative principle,” he said. “Mums and dads make better choices than bureaucrats in Ottawa.”

Federal deficits are forecast to average $15 billion a year through the next Parliament and Scheer’s proposals add another $8.3 billion a year when all measures are in place — the new RESP, the universal tax cut, the sports and arts tax credits, the public transit tax credit and tax-free maternity benefits.

On past performance, no-one should doubt Scheer’s pledge that a Conservative government will live within its means. That’s the brand. But something has to give, and the $23 billion question is what?


https://www.msn.com/en-ca/news/election ... li=AAggXBV
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Sparki55
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Re: Sheer tax cuts

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floppi wrote: removed How about explaining how Scheer is going to pay for the 8.3 Billion dollars a year in extra spending per year he's proposing? Where is the money coming from?

The Conservative measure may seem marginal but it comes with a hefty price tag — $600 million a year when fully implemented, according to the Parliamentary Budget Office. Scheer is now racking up the spending commitments — the universal tax credit unveiled Sunday will cost up to $6 billion a year when it is fully introduced. He has skated around questions about how he will pay for this spending but he confirmed he has no plans to cut the Canada Child Benefit, which the Liberals enriched by 15 per cent for children under age one on Tuesday. “The Canada Child Benefit is a Conservative principle,” he said. “Mums and dads make better choices than bureaucrats in Ottawa.”

Federal deficits are forecast to average $15 billion a year through the next Parliament and Scheer’s proposals add another $8.3 billion a year when all measures are in place — the new RESP, the universal tax cut, the sports and arts tax credits, the public transit tax credit and tax-free maternity benefits.

On past performance, no-one should doubt Scheer’s pledge that a Conservative government will live within its means.
That’s the brand. But something has to give, and the $23 billion question is what?


https://www.msn.com/en-ca/news/election ... li=AAggXBV


Did you even read the article I posted?
Here is another:
https://www.castanet.net/news/Canada/266061/Feds-run-14B-deficit#266061

Conservative Leader Andrew Scheer is promising to pull Canada out of the red in about five years.

Jagmeet Singh's NDP, which promised balanced books in each of the last several election campaigns, no longer has a timetable to balance the books. Instead, it's focusing on lowering the debt-to-GDP each year.

Green Leader Elizabeth May has committed to returning Canada to budgetary balance in five years.

Maxime Bernier's new People's Party of Canada is the only political party that's promised a quick path to balanced books — within two years.


Let's let one of these parties give it a try. Trudeau is incapable of "letting the budget balance itself"

When Scheer cuts taxes the economy will have more money to spend. This is opposite to the liberal platform of tax more and let government choose how to distribute the tax income to try and boost the economy. The conservative way is to pull back all non essential spending and let the free enterprise decide what needs investment. Free enterprise generally spends money with more fiscal responsibility than government so best to leave the cash with them. That 1.5% tax cut to middle income families is dwarfed with everything else they collected on. The carbon tax is just one example. All Scheer will need to do is cut crappy spending initiatives that the liberals put in place.
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Gone_Fishin
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Re: Sheer tax cuts

Post by Gone_Fishin »

Trudeau told us his raising taxes on the rich would bring in an extra $3 billion annually. What actually happened was a dip in tax revenues from that group by $4.6 billion annually. That's what happens when part time drama teachers try to do math. Time to #flushtheturd.



High-income earners paid $4.6-billion less in taxes in 2016 despite higher rate for top 1 per cent

The Liberal government’s tax on Canada’s top 1 per cent failed to produce the promised billions in new revenue in its first year, as high-income earners actually paid $4.6-billion less in federal taxes.

The Liberal Party’s campaign platform said a new top tax bracket would raise nearly $3-billion a year, but an analysis of recently released data from the Canada Revenue Agency (CRA) shows the expected benefit didn’t materialize.

https://www.theglobeandmail.com/politic ... 6-despite/
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Re: Sheer tax cuts

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floppi wrote: How about explaining how Scheer is going to pay for the 8.3 Billion dollars a year in extra spending per year he's proposing? Where is the money coming from?


Why do you care? I have been told over and over again by Liberal/Unifor paid DI's that as long as the spending is a percentage of GDP (30%) then who cares how much extra spending there is? Why are the Liberals suddenly concerned with spending? It is bizarre.
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