Jump to content

Justin Trudeau is Doing a Great Job


revrnd

Recommended Posts

1 minute ago, 1trailmaker said:

Yes I know ISIS defeated under Trudeau, what is it you don't understand..

The hate from Harper didn't help the situation at the time and was the main reason he lost the election 

 

Trudeau taking the heat for the ones that left Canada under Harper -

 

remember he had a recession that lasted his entire term and ended the day Trudeau was elected 

 

you are pretty funny 

:lol:

Link to comment
Share on other sites

2 hours ago, 1trailmaker said:

Yes I know ISIS defeated under Trudeau, what is it you don't understand..

The hate from Harper didn't help the situation at the time and was the main reason he lost the election 

 

Trudeau taking the heat for the ones that left Canada under Harper -

 

remember he had a recession that lasted his entire term and ended the day Trudeau was elected 

 

you are pretty funny 

:lol: :lol: :lol: 

man you really should stop being so butthurt and obsessed over a PM that hasn't been in power or even in the news for over 5 years. It's not healthy. 

Link to comment
Share on other sites

More easy reading material.

 

Diane Francis: Debunking the Liberal tax-and-spend myth

There is no room left for tax hikes without leading to more dire consequences

  Deficit spending may have to continue in the wake of the pandemic. But Canada’s problem is that the Liberals, pre-COVID, were a disaster already. PHOTO BY BLAIR GABLE/REUTERS

 

Liberals often share two common myths: that running deficits and racking up debt can continue indefinitely; and that there is no limit to how high taxes can be raised. Both must be debunked.

Deficit spending may have to continue in the wake of the pandemic. But Canada’s problem is that the Liberals, pre-COVID, were a disaster already.

 
 
 

Since 2015, they have hiked deficits, debts, taxes and regulatory burdens. As a result, investment in 10 of Canada’s 15 major business sectors dropped by 17 per cent, as domestic and foreign investors fled for more profitable countries, representing a loss to the economy of more than $185 billion. Two of the top three credit rating agencies downgraded Canada. The current account balance, or outflow of funds annually, jumped.

In other words, the Liberals squandered the good times and they cannot revert to their tax-and-spend ways. The parliamentary budget officer recently stated that the country has two years before this level of spending becomes completely “unsustainable.”

The deficit will ebb naturally as the economy gets back up and running, but fiscal discipline is not the DNA of the Liberals, or, for that matter, the NDP, the party the Liberals often rely on to pass their profligate spending packages in this minority Parliament.

It’s also worrisome that a large number of refugees from discredited Ontario Liberal regimes now sit around the cabinet table or advise it. Lest we forget, between 2003 and 2018, the Ontario Liberals took the province’s debt from $139 billion to $348.7 billion and collapsed its credit rating to “negative” levels. Taxes jumped, and excessively subsidized solar and wind schemes made its economy uncompetitive. Hundreds of thousands of steel, auto and manufacturing jobs disappeared.

Once bitten, twice worried, investors began dumping stocks in recent weeks amid rumours the federal Liberals were about to hike capital gains and other taxes.

The inconvenient truth is that the Liberals are not trustworthy stewards of the economy. The fact is that Canada is already one of the highest-taxed countries on earth. There is no room left for tax hikes, without leading to more dire consequences.

As of 2020, Canada had a top personal income tax rate of 54 per cent, top corporate rate of 38 per cent and a sales tax of up to 15 per cent, depending on the province. This is close to Portugal, which has a 59 per cent income tax rate, 23 per cent sales tax, but only 21 per cent corporate tax rate. The caveat is that Portugal, like other countries in Europe with high taxes, has an enormous underground economy that pays no taxes.

 

 

Other high-tax jurisdictions include Sweden, Denmark, Finland and Austria. Notably, all have considerably lower corporate tax rates than Canada.

Most revealing, however, are rates in the United States and Australia. The United States — our economic customer, partner and rival — has a top income tax rate of 50 per cent (which does not kick in until significantly higher levels of income have been reached), sales taxes that vary from zero to 11.74 per cent and a top corporate tax rate of only 21 per cent.

Australia — which also has a resource-based economy and offers comparable social services to Canada — also has lower taxes across the board. Its top income tax rate is 47 per cent, its corporate rate is 30 per cent and the sales tax is only 10 per cent.

Canadians, by most measurements, are over-taxed and our governments are over-indebted. This predicament happened before COVID, not because of it, and has been caused by years of mediocre governance.

Polls, however, show the priorities of most Canadians are dealing with the pandemic and jobs — not more spending on free dental, daycare or solar farms.

“People know this money has to be paid back and the best social program is a job,” said Goldy Hyder, president and chief executive officer of the Business Council of Canada. And they’re right.

Financial Post

 

 

 

https://financialpost.com/diane-francis/diane-francis-debunking-the-liberal-tax-and-spend-myth/wcm/316ea12e-4f33-4cf4-8537-b0cc6d10c993/?__vfz=medium%3Dconversations_top_pages

Link to comment
Share on other sites

7 hours ago, ArcticCrusher said:

More easy reading material.

 

Diane Francis: Debunking the Liberal tax-and-spend myth

There is no room left for tax hikes without leading to more dire consequences

  Deficit spending may have to continue in the wake of the pandemic. But Canada’s problem is that the Liberals, pre-COVID, were a disaster already. PHOTO BY BLAIR GABLE/REUTERS

 

Liberals often share two common myths: that running deficits and racking up debt can continue indefinitely; and that there is no limit to how high taxes can be raised. Both must be debunked.

Deficit spending may have to continue in the wake of the pandemic. But Canada’s problem is that the Liberals, pre-COVID, were a disaster already.

 
 
 

Since 2015, they have hiked deficits, debts, taxes and regulatory burdens. As a result, investment in 10 of Canada’s 15 major business sectors dropped by 17 per cent, as domestic and foreign investors fled for more profitable countries, representing a loss to the economy of more than $185 billion. Two of the top three credit rating agencies downgraded Canada. The current account balance, or outflow of funds annually, jumped.

In other words, the Liberals squandered the good times and they cannot revert to their tax-and-spend ways. The parliamentary budget officer recently stated that the country has two years before this level of spending becomes completely “unsustainable.”

The deficit will ebb naturally as the economy gets back up and running, but fiscal discipline is not the DNA of the Liberals, or, for that matter, the NDP, the party the Liberals often rely on to pass their profligate spending packages in this minority Parliament.

It’s also worrisome that a large number of refugees from discredited Ontario Liberal regimes now sit around the cabinet table or advise it. Lest we forget, between 2003 and 2018, the Ontario Liberals took the province’s debt from $139 billion to $348.7 billion and collapsed its credit rating to “negative” levels. Taxes jumped, and excessively subsidized solar and wind schemes made its economy uncompetitive. Hundreds of thousands of steel, auto and manufacturing jobs disappeared.

Once bitten, twice worried, investors began dumping stocks in recent weeks amid rumours the federal Liberals were about to hike capital gains and other taxes.

The inconvenient truth is that the Liberals are not trustworthy stewards of the economy. The fact is that Canada is already one of the highest-taxed countries on earth. There is no room left for tax hikes, without leading to more dire consequences.

As of 2020, Canada had a top personal income tax rate of 54 per cent, top corporate rate of 38 per cent and a sales tax of up to 15 per cent, depending on the province. This is close to Portugal, which has a 59 per cent income tax rate, 23 per cent sales tax, but only 21 per cent corporate tax rate. The caveat is that Portugal, like other countries in Europe with high taxes, has an enormous underground economy that pays no taxes.

 

 

Other high-tax jurisdictions include Sweden, Denmark, Finland and Austria. Notably, all have considerably lower corporate tax rates than Canada.

Most revealing, however, are rates in the United States and Australia. The United States — our economic customer, partner and rival — has a top income tax rate of 50 per cent (which does not kick in until significantly higher levels of income have been reached), sales taxes that vary from zero to 11.74 per cent and a top corporate tax rate of only 21 per cent.

Australia — which also has a resource-based economy and offers comparable social services to Canada — also has lower taxes across the board. Its top income tax rate is 47 per cent, its corporate rate is 30 per cent and the sales tax is only 10 per cent.

Canadians, by most measurements, are over-taxed and our governments are over-indebted. This predicament happened before COVID, not because of it, and has been caused by years of mediocre governance.

Polls, however, show the priorities of most Canadians are dealing with the pandemic and jobs — not more spending on free dental, daycare or solar farms.

“People know this money has to be paid back and the best social program is a job,” said Goldy Hyder, president and chief executive officer of the Business Council of Canada. And they’re right.

Financial Post

 

 

 

https://financialpost.com/diane-francis/diane-francis-debunking-the-liberal-tax-and-spend-myth/wcm/316ea12e-4f33-4cf4-8537-b0cc6d10c993/?__vfz=medium%3Dconversations_top_pages

Dianne is an american Trump lover that really hasn't a clue, she speaks about Trudeau in so many tweets as spending Liberals but praises Trump for his spending.

Not sure how this works considering Trump has spent more than any President and debt is beyond recovery

 

Thsi is what Dianne retweets ( clueless) 

46% of small businesses across Canada are not expected to reopen; when CERB and rent and mortgage deferrals cease, the number of homeless, penniless Canadians with no place to live will be in the millions and make the 1930's depression seem like an economic boom.

 
so while bashing Trudeau spending she then says without the CERB small Business is dead :dunno:   Seems like she is say  Trudeau is saving all businesses.
46% of all small businesses will not open :lol: 
 
 
AC find a better source or at least checkout the ones you post 
Link to comment
Share on other sites

1 hour ago, 1trailmaker said:

Dianne is an american Trump lover that really hasn't a clue, she speaks about Trudeau in so many tweets as spending Liberals but praises Trump for his spending.

Not sure how this works considering Trump has spent more than any President and debt is beyond recovery

 

Thsi is what Dianne retweets ( clueless) 

46% of small businesses across Canada are not expected to reopen; when CERB and rent and mortgage deferrals cease, the number of homeless, penniless Canadians with no place to live will be in the millions and make the 1930's depression seem like an economic boom.

 
so while bashing Trudeau spending she then says without the CERB small Business is dead :dunno:   Seems like she is say  Trudeau is saving all businesses.
46% of all small businesses will not open :lol: 
 
 
AC find a better source or at least checkout the ones you post 

You're an idiot.

Dianne has JTs number.

Link to comment
Share on other sites

On 9/21/2020 at 10:08 AM, 1trailmaker said:

Do you think Bernardo votes Liberal - 

Consider 99% of all charity work is from LIBERAL people, I think many are more than caring :dunno: 

Name 1 charity organization that is completely run by Conservatives - you can google all day to find it.

feed to homeless 

shelters

 

 

Your world has turned LEFT and RIGHT in the past year - sad

Most churches. Idiot.

  • Like 1
Link to comment
Share on other sites

On 9/21/2020 at 5:09 PM, 1trailmaker said:

funny but yes high dollar and high oil prices and yet nothing but deficits, we can a agree here.

Remember when people were leaving Canada under Harper by the thousands to fight with ISIS?  Those were cool days unlike today where this doesn't happen.

 

I guess you a pick and choose what the meme should say

When covid spending stops next month what will the projected deficit be?  

 

Justin brought ISIS and the followers in for free.  So why leave Canada when we pay them to say here and fight for ISIS. What the fuck is your point....
 

Trail we all know the drugs have killed your tiny brain. You are a complete Liberal Troll. Shameless sad person you are. Shameless 

Edited by Poncho
Link to comment
Share on other sites

On 9/21/2020 at 10:08 AM, 1trailmaker said:

Do you think Bernardo votes Liberal - 

Consider 99% of all charity work is from LIBERAL people, I think many are more than caring :dunno: 

Name 1 charity organization that is completely run by Conservatives - you can google all day to find it.

feed to homeless 

shelters

 

 

Your world has turned LEFT and RIGHT in the past year - sad

The one that founded this country...

Link to comment
Share on other sites

1 minute ago, 1trailmaker said:

? ah da ah NO

Who’s supporting them and letting them cross the border in Montreal,

and who announce today to spend another billion to buy property to house them.

Link to comment
Share on other sites

3 minutes ago, 1trailmaker said:

Who is crossing? Terrorist? 

wtf

Well they do not have Canada’s best interest in mind. Are Liberals so stupid.  Do you think when they walk in with their cell phones and Designer clothing they have any other interest but to leach off our system. Please Trial you must have a tiny bit of your drug wasted 🧠 left. Think. Forget being Liberal, just think a little bit. Think 

  • Like 1
Link to comment
Share on other sites

1 minute ago, Poncho said:

Well they do not have Canada’s best interest in mind. Are Liberals so stupid.  Do you think when they walk in with their cell phones and Designer clothing they have any other interest but to leach off our system. Please Trial you must have a tiny bit of your drug wasted 🧠 left. Think. Forget being Liberal, just think a little bit. Think 

mostly women and her children running from Trump :dunno: 

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

  • Recently Browsing   0 members

    • No registered users viewing this page.
  • Trying to pay the bills, lol

×
×
  • Create New...