I didn't think we had a thread for this. 

Is Trudeau this out of touch or does he just not care?

 

19 minutes ago, GCn20 said:

Ok,,,now I'm confused....Trudeau said that low income people don't pay taxes? I support taxing the wealthy, until they all move away that is.

Wealthy people won't move away. That's right wing nonsense. 

We tax income, not wealth. The "rich" still need to earn income, regardless of where they live. 

Edited September 27, 20214 yr by JCon

https://www.ctvnews.ca/politics/annamie-paul-resigning-as-leader-of-the-green-party-1.5601820

Thought the Greens would do better in a year in which Canada burned quite a bit

2 minutes ago, FrostyWinnipeg said:

https://www.ctvnews.ca/politics/annamie-paul-resigning-as-leader-of-the-green-party-1.5601820

Thought the Greens would do better in a year in which Canada burned quite a bit

The party is a mess. 

1 hour ago, JCon said:

Wealthy people won't move away. That's right wing nonsense. 

We tax income, not wealth. The "rich" still need to earn income, regardless of where they live. 

Rich people don't move away? Yea....tell that to California cause they didn't get the memo,

8 minutes ago, GCn20 said:

Rich people don't move away? Yea....tell that to California cause they didn't get the memo,

I don't think you understand how taxation works. 

7 hours ago, GCn20 said:

Rich people don't move away? Yea....tell that to California cause they didn't get the memo,

9 hours ago, GCn20 said:

Ok,,,now I'm confused....Trudeau said that low income people don't pay taxes? I support taxing the wealthy, until they all move away that is.

"We find that major reforms reducing taxes on the rich lead to higher income inequality as
measured by the top 1% share of pre-tax national income. The effect remains stable in the
medium term. In contrast, such reforms do not have any significant effect on economic growth
and unemployment."

- http://eprints.lse.ac.uk/107919/1/Hope_economic_consequences_of_major_tax_cuts_published.pdf

“Policy makers shouldn’t worry that raising taxes on the rich to fund the financial costs of the pandemic will harm their economies,”

- https://www.bloomberg.com/news/articles/2020-12-16/fifty-years-of-tax-cuts-for-rich-didn-t-trickle-down-study-says

I find that the
positive relationship between tax cuts and employment growth is largely driven by tax cuts for
lower-income groups, and that the effect of tax cuts for the top 10% on employment growth is
small.

https://www.nber.org/system/files/working_papers/w21035/w21035.pdf

"The German experience suggests that putting workers on boards has done little to limit soaring pay at the top. Likewise, shareholders have occasionally slapped the wrists of executives, but not much else.

Higher taxes are the only way. And they cause no harm, except to the bank balances of those they target." (The CPC suggested putting workers on boards as a progressive step)

-https://www.theguardian.com/business/2020/dec/20/trickle-down-economics-is-dead-its-time-to-tax-the-rich-harder

"far from being either necessary or good for economic growth, excessive inequality tends to lead to weaker economic performance."

- https://academiccommons.columbia.edu/doi/10.7916/d8-gjpw-1v31

"Tax cuts for the rich “do not have any significant effect on economic growth and unemployment”, and “lead to higher income inequality”"

- https://www.weforum.org/agenda/2021/01/tax-cuts-for-wealthy-impact-lse-study/

 

 

1 hour ago, WildPath said:

We find that major reforms reducing taxes on the rich lead to higher income inequality

no shortage of fact based papers confirming this. The highest gains since ww 2 for average people occurred when the top tax rate was 90 %. 

 

funny thing is how the guy red herring everyone. I posted a link to some polling..... he responds with something about Trudeau. 

lol.

Edited September 28, 20214 yr by Mark F

 

One of the interesting proposals that I heard of a few years ago was a "wealth transfer tax of 2% or so. If it was instituted by all the democracies, it would prevent the threat of the mega-rich packing up and moving to wherever they could get the best deal for themselves. 

I mean christ Jason kenney cut the corporate tax rate first thing in Alberta and companies took that cash and moved anyway. 

There are even ultra-rich campaigning to be taxed more.

"As a millionaire I know personally that our global economic system has enshrined wealth accumulation for the few – to the detriment of ordinary people in every country. We all deserve more than a pre-COVID path to recovery,” said Morris Pearl, Chair of Patriotic Millionaires and former managing director at BlackRock, Inc. “Taxing wealth has to be a key, central policy for all governments if we want to build beyond the skewed and faulty economic system we previously had.”

- https://www.commondreams.org/newswire/2021/04/01/millionaires-call-wealth-taxes-wealth-worlds-billionaires-surges-4-trillion

There are better sources for millionaires campaigning for more taxes on the rich, but I can't recall them right now. But who really needs a source when you can regurgitate conservative talking points.

S. Harper. 

https://www.cbc.ca/news/politics/harper-united-arab-emirates-surveillance-technology-1.6192281

36 minutes ago, Mark F said:

S. Harper. 

https://www.cbc.ca/news/politics/harper-united-arab-emirates-surveillance-technology-1.6192281

What a ghoul. 

On 2021-09-27 at 8:14 PM, Tracker said:

 

One of the interesting proposals that I heard of a few years ago was a "wealth transfer tax of 2% or so. If it was instituted by all the democracies, it would prevent the threat of the mega-rich packing up and moving to wherever they could get the best deal for themselves. 

Yes, that would be a great idea. In order to tax the wealthy, tax havens and loopholes must be closed first. It is entirely unrealistic to think that corporations and the mega rich are going to lineup to pay taxes in any jurisdiction unless they absolutely must. 

3 hours ago, JCon said:

What a ghoul. 

Money outweighs "Christian" ethics quite often.

2 hours ago, Tracker said:

Money outweighs "Christian" ethics quite often.

amen.

and also, Jews, and Hindus, and Muslims..whoever. hari krishnas?

Edited September 29, 20214 yr by Mark F

 

Just now, FrostyWinnipeg said:

 

Good sale on flights to Costa Rica, I guess. 

15 hours ago, JCon said:

Good sale on flights to Costa Rica, I guess. 

Maybe he will stop off and go surfing with Trudeau in Tofino. 

1 hour ago, the watcher said:

Maybe he will stop off and go surfing with Trudeau in Tofino. 

I'll tell you what he won't be doing, coming to my constituency. He couldn't even find it on a map. 

https://www.cbc.ca/news/politics/otoole-caucus-meeting-leadership-review-1.6200158

Quote

Conservative Leader Erin O'Toole said today he believes he has enough support from his party's MPs to stay on as leader if he's forced to go through a caucus leadership review.

Three weeks after losing the election to the incumbent Liberals, Conservative MPs gathered in Ottawa today for a caucus meeting to discuss the disappointing result — and vote on a series of measures that could give MPs the power to fire O'Toole and launch another leadership race to replace him.

While there has been grumbling in Conservative circles over O'Toole's performance during the campaign — at least one caucus member told CBC News that they want to see him resign — the leader said today he thinks he has enough support to hang on and lead the party through another election.

"Yes I do," O'Toole said when asked if he has the backing of most MPs.

Seems like there could be more infighting ahead for the CPC and that O'Toole's leadership will be questioned, if not outright challenged.

11 minutes ago, blue_gold_84 said:

https://www.cbc.ca/news/politics/otoole-caucus-meeting-leadership-review-1.6200158

Seems like there could be more infighting ahead for the CPC and that O'Toole's leadership will be questioned, if not outright challenged.

It was a close leadership contest, so I'm not surprised that this is the result. Still think it would be foolish to try to replace him, though. Unless Ambrose is ready to run for the leadership or, possibly, Raitt. 

26 minutes ago, blue_gold_84 said:

https://www.cbc.ca/news/politics/otoole-caucus-meeting-leadership-review-1.6200158

Seems like there could be more infighting ahead for the CPC and that O'Toole's leadership will be questioned, if not outright challenged.

not crazy enough?

Cons realizing to be different and possibly defeat the liberals they need a woman In charge before Trudeau names a woman replacement soon ish 

Edited October 5, 20214 yr by Goalie

25 minutes ago, JCon said:

It was a close leadership contest, so I'm not surprised that this is the result. Still think it would be foolish to try to replace him, though. Unless Ambrose is ready to run for the leadership or, possibly, Raitt. 

Is Rona eligible to run, after being interim leader? For some reason I thought she was no longer eligible to be the leader...

Just now, Noeller said:

Is Rona eligible to run, after being interim leader? For some reason I thought she was no longer eligible to be the leader...

She couldn't run in the last leadership election but she could now.