Canuckle Posted October 31, 2023 Share Posted October 31, 2023 1 hour ago, Bob Long said: @Canuckle you're up buddy 2 Quote Link to comment Share on other sites More sharing options...
Canuckle Posted October 31, 2023 Share Posted October 31, 2023 (edited) On 10/29/2023 at 12:42 PM, King Heffy said: It's much better for the economy for those in lower tax brackets to get a break. They're the ones putting money back in through purchases rather than taking it out through offshore investments. 100% correct. You need middle and lower class folks to have money to actually buy the cyclical consumption garbage the capitalists are peddling to keep the economy going. We're seeing a drop off in consumption all over the place right now given the fallout from covid and subsequent market downturns. Price of goods is way up and that cuts into peoples disposable incomes limiting them from buying the basics let alone spend on more luxury type goods... like attending an NHL hockey game. Attendance is way down in some big markets. That's why. Edited October 31, 2023 by Canuckle Quote Link to comment Share on other sites More sharing options...
moosehead Posted October 31, 2023 Share Posted October 31, 2023 Total pay awarded to the chief executive officers of Canada’s five largest banks rose by 23 per cent last year, as financial institutions blew past lower profit targets set at a time of uncertainty about the COVID-19 pandemic. The five bank CEOs earned a combined $70-million in total compensation, compared with $57-million in 2020, according to company filings. https://www.theglobeandmail.com/business/article-pay-for-canadian-big-bank-ceos-grew-in-2021/ Quote Link to comment Share on other sites More sharing options...
Canuckle Posted October 31, 2023 Share Posted October 31, 2023 (edited) On 10/29/2023 at 10:26 AM, aGENT said: Building way more public housing Ever see what they do in Vienna? https://www.huduser.gov/portal/pdredge/pdr_edge_featd_article_011314.html Edited October 31, 2023 by Canuckle 2 1 Quote Link to comment Share on other sites More sharing options...
MightyCPC Posted October 31, 2023 Share Posted October 31, 2023 2 hours ago, RupertKBD said: Your new proposal "has a better chance" than what's already in place? Do tell... Uh...no. 2 hours ago, RupertKBD said: BTW, when you resort to ridiculous hyperbole like "100% tax" nobody is going to take you seriously. Some people would understand the relevance of the hyperbole. Quote Link to comment Share on other sites More sharing options...
aGENT Posted October 31, 2023 Share Posted October 31, 2023 9 hours ago, Canuckle said: Ever see what they do in Vienna? https://www.huduser.gov/portal/pdredge/pdr_edge_featd_article_011314.html IMO things like this need to become a major election issue. By all means, steal good ideas from other places. And the nice thing about public housing, is that not only does it help the housing issue, for those most in need of help, but it would also help with one of our largest inflation drivers. 1 Quote Link to comment Share on other sites More sharing options...
5forFighting Posted October 31, 2023 Share Posted October 31, 2023 10 hours ago, moosehead said: Total pay awarded to the chief executive officers of Canada’s five largest banks rose by 23 per cent last year, as financial institutions blew past lower profit targets set at a time of uncertainty about the COVID-19 pandemic. The five bank CEOs earned a combined $70-million in total compensation, compared with $57-million in 2020, according to company filings. https://www.theglobeandmail.com/business/article-pay-for-canadian-big-bank-ceos-grew-in-2021/ Now do Big Pharma. They are all so gross. 2 Quote Link to comment Share on other sites More sharing options...
5forFighting Posted October 31, 2023 Share Posted October 31, 2023 18 hours ago, Warhippy said: No centralized services. More actual crown corporations. Less bloat and waste or corporate subsidization. If a bridge needed to be replaced it was replaced. There was no endless consulting. Politicians either did the job or left office. While not altogether true, the idea of office as a public service vs a golden ticket was a more majority mindset and people knew that their money was being spent wisely. Before anyone suggests this was before medical services became universal, this actually really started being repealed shortly after the US did post Glass/Steagall and went downhill on a rocket during the Reaganomics-Mulroney years. The race to lower taxes for the wealthiest and to cater to corporate interests directly coincides with the massive increases in centralization, debt and wasted money as well as the advent of the loss of the middle class. More government agencies are not a good thing. The government is supposed to be a non-profit org. Yet, they rake and they rake and they rake. The reality is most crown corps are run by the same private financial people we hate and then vice versa. They grease each other's palms at their earliest convenience. Less government, less complicated tax system with a far higher 0% bracket, maybe up to 150k. Stop sending money everywhere else, start using our resources for our benefit, make immigration far more difficult, cut the red tape on not usable 'farm' land for development. No tax on property sales by anyone over 65. Just ideas, but the current system is in severe decline so we need to reverse course (carbon tax) and start going in a different direction. Quote Link to comment Share on other sites More sharing options...
Warhippy Posted October 31, 2023 Share Posted October 31, 2023 50 minutes ago, 5forFighting said: More government agencies are not a good thing. The government is supposed to be a non-profit org. Yet, they rake and they rake and they rake. The reality is most crown corps are run by the same private financial people we hate and then vice versa. They grease each other's palms at their earliest convenience. Less government, less complicated tax system with a far higher 0% bracket, maybe up to 150k. Stop sending money everywhere else, start using our resources for our benefit, make immigration far more difficult, cut the red tape on not usable 'farm' land for development. No tax on property sales by anyone over 65. Just ideas, but the current system is in severe decline so we need to reverse course (carbon tax) and start going in a different direction. The current system as it exists in Canada and the US is leveraged AGAINST the middle and standard class people who make up the bulk of the taxable income and consumer classes. The only way to solve this is a governmental reset. A redrawing of the tax codes. $50k and under per individual pays 12%. Families making less than 80k a year 10% Scale up by 5% per every additional $15k over $125k per year. No more subsidizations for energy or corporations. Royalties and strategic siphoning of resources like per every ton of gold/copper/ores mined in Canada the government gets 1% of the total weight. For every 100 barrels of oil the government gets a barrel. Government officials only get a pension IF they make 2 terms AND manage to run a balanced budget over 6 years of their 2 year term otherwise NOTHING because we people should not be rewarding mediocrity and our elected public SERVANTS should not be getting rich off of our economic misery. End the party system by taking 50 people over the age of 18 and under the age of 60 for every empty or vacated seat per riding when MPs retire or step down; and having a lottery for who actually gets in to power. 338 random people with 1 single elected PM will do better than what we have now. They will get $75k a year plus the MP expense account and they can actually have their jobs/positions at home. After their first term as a lottery MP they then have to run to keep their seat based on their performance alone against whoever and how ever many other people in that riding think they can do better. Honestly. There is so much wrong with our nations system right now and the majority of it stems from the fact out system does not work for the majority anymore like it was supposed to. 1 Quote Link to comment Share on other sites More sharing options...
LaBamba Posted October 31, 2023 Share Posted October 31, 2023 2 hours ago, Warhippy said: The current system as it exists in Canada and the US is leveraged AGAINST the middle and standard class people who make up the bulk of the taxable income and consumer classes. The only way to solve this is a governmental reset. A redrawing of the tax codes. $50k and under per individual pays 12%. Families making less than 80k a year 10% Scale up by 5% per every additional $15k over $125k per year. No more subsidizations for energy or corporations. Royalties and strategic siphoning of resources like per every ton of gold/copper/ores mined in Canada the government gets 1% of the total weight. For every 100 barrels of oil the government gets a barrel. Government officials only get a pension IF they make 2 terms AND manage to run a balanced budget over 6 years of their 2 year term otherwise NOTHING because we people should not be rewarding mediocrity and our elected public SERVANTS should not be getting rich off of our economic misery. End the party system by taking 50 people over the age of 18 and under the age of 60 for every empty or vacated seat per riding when MPs retire or step down; and having a lottery for who actually gets in to power. 338 random people with 1 single elected PM will do better than what we have now. They will get $75k a year plus the MP expense account and they can actually have their jobs/positions at home. After their first term as a lottery MP they then have to run to keep their seat based on their performance alone against whoever and how ever many other people in that riding think they can do better. Honestly. There is so much wrong with our nations system right now and the majority of it stems from the fact out system does not work for the majority anymore like it was supposed to. You cannot vote liberal/NDP while concurrently complaining about taxes. 5% more after 125k would still be taxing the crap out people who don’t even meet the income requirement to purchase a home. It’s like 250k in Vancouver. Increase the royalties = a decrease in resources. Oil companies only produce oil for profit. They don’t care about the well being of our social programs. They’re take the money from Canada and drill more in Africa. Quote Link to comment Share on other sites More sharing options...
Bob Long Posted October 31, 2023 Share Posted October 31, 2023 (edited) 3 hours ago, 5forFighting said: Now do Big Pharma. They are all so gross. are they? well, I hear mint tea is a good replacement for blood pressure medication so you've got that to fall back on. Edited October 31, 2023 by Bob Long Quote Link to comment Share on other sites More sharing options...
Warhippy Posted October 31, 2023 Share Posted October 31, 2023 19 minutes ago, LaBamba said: You cannot vote liberal/NDP while concurrently complaining about taxes. 5% more after 125k would still be taxing the crap out people who don’t even meet the income requirement to purchase a home. It’s like 250k in Vancouver. Increase the royalties = a decrease in resources. Oil companies only produce oil for profit. They don’t care about the well being of our social programs. They’re take the money from Canada and drill more in Africa. I can't vote for team Y or X while complaining about taxes? Hmmm GST came from where? Who revised the national tax code in 87? Kinda looks like almost all of the taxes and the tax system people are angry about was *checks notes* Conservative made. As for the oil comment. Funny thing about canada. it has resources. Not just resources, but easily accessible resources in abundance with the single largest non conflict frontier in the world. Companies can go elsewhere sure. But they aren't making more resources so the threats of leaving are entirely overblown. I also didn't say anything about an increase in royalties but a strategic siphoning of resources for a strategic reserve like that of the US and a rebuilding of our national gold and silver reserves. The amount i suggested is a literal pittance compared to what companies are paying to rip and ship raw resources out of our nation. Quote Link to comment Share on other sites More sharing options...
5forFighting Posted October 31, 2023 Share Posted October 31, 2023 1 hour ago, Bob Long said: are they? well, I hear mint tea is a good replacement for blood pressure medication so you've got that to fall back on. More billionaire big pharma employees made during covid than at any other time in history, so yes. Best defense against blood pressure is diet, exercise and stress reduction. Don't need big pharma for that. Quote Link to comment Share on other sites More sharing options...
5forFighting Posted October 31, 2023 Share Posted October 31, 2023 3 hours ago, Warhippy said: The current system as it exists in Canada and the US is leveraged AGAINST the middle and standard class people who make up the bulk of the taxable income and consumer classes. The only way to solve this is a governmental reset. A redrawing of the tax codes. $50k and under per individual pays 12%. Families making less than 80k a year 10% Scale up by 5% per every additional $15k over $125k per year. No more subsidizations for energy or corporations. Royalties and strategic siphoning of resources like per every ton of gold/copper/ores mined in Canada the government gets 1% of the total weight. For every 100 barrels of oil the government gets a barrel. Government officials only get a pension IF they make 2 terms AND manage to run a balanced budget over 6 years of their 2 year term otherwise NOTHING because we people should not be rewarding mediocrity and our elected public SERVANTS should not be getting rich off of our economic misery. End the party system by taking 50 people over the age of 18 and under the age of 60 for every empty or vacated seat per riding when MPs retire or step down; and having a lottery for who actually gets in to power. 338 random people with 1 single elected PM will do better than what we have now. They will get $75k a year plus the MP expense account and they can actually have their jobs/positions at home. After their first term as a lottery MP they then have to run to keep their seat based on their performance alone against whoever and how ever many other people in that riding think they can do better. Honestly. There is so much wrong with our nations system right now and the majority of it stems from the fact out system does not work for the majority anymore like it was supposed to. Your tax system is too complicated. It needs to be able to be understood by people who didn't finish grade 9. Quote Link to comment Share on other sites More sharing options...
Bob Long Posted October 31, 2023 Share Posted October 31, 2023 22 minutes ago, 5forFighting said: More billionaire big pharma employees made during covid than at any other time in history, so yes. Best defense against blood pressure is diet, exercise and stress reduction. Don't need big pharma for that. no the best defence is having access to safe and effective drugs. Many people can't diet their way out of high blood pressure, or many other diseases. Quote Link to comment Share on other sites More sharing options...
Warhippy Posted October 31, 2023 Share Posted October 31, 2023 22 minutes ago, 5forFighting said: Your tax system is too complicated. It needs to be able to be understood by people who didn't finish grade 9. So...not the Conservative party? Quote Link to comment Share on other sites More sharing options...
RupertKBD Posted October 31, 2023 Share Posted October 31, 2023 22 minutes ago, 5forFighting said: Your tax system is too complicated. It needs to be able to be understood by people who didn't finish grade 9. Yeah, they need to be able to understand it on the prairies as well..... 1 Quote Link to comment Share on other sites More sharing options...
King Heffy Posted October 31, 2023 Share Posted October 31, 2023 5 minutes ago, RupertKBD said: Yeah, they need to be able to understand it on the prairies as well..... Good luck setting up a tax system that avoids percentages and fractions. 1 Quote Link to comment Share on other sites More sharing options...
RupertKBD Posted October 31, 2023 Share Posted October 31, 2023 1 minute ago, King Heffy said: Good luck setting up a tax system that avoids percentages and fractions. Yeah, I was thinking along the lines of "If farmer Brown has 8 cows, his annual tax rate will be 2 cows". If he has less than 4 cows, it's going to get confusing..... 1 Quote Link to comment Share on other sites More sharing options...
The Arrogant Worms Posted October 31, 2023 Share Posted October 31, 2023 1 Quote Link to comment Share on other sites More sharing options...
5forFighting Posted October 31, 2023 Share Posted October 31, 2023 56 minutes ago, Warhippy said: So...not the Conservative party? Not sure what you mean? Are you saying the Conservatives didn't make grade 9? I will assume that is tongue in cheek. At this point, left and right, liberal and conservative and on and on need a fresh start and to try to rectify things. If that can't happen, you are going to have Quebec and Alberta leave this great country and be left with a mish-mash of problems. The simplest tax code is the best tax code. 48 minutes ago, The Arrogant Worms said: Do you believe he is worse than Trudeau? Quote Link to comment Share on other sites More sharing options...
5forFighting Posted October 31, 2023 Share Posted October 31, 2023 54 minutes ago, King Heffy said: Good luck setting up a tax system that avoids percentages and fractions. Have you met successful people from the prairies? They are smart, hard working Canadians. It's disgusting to hear people talk about farmers etc like this. 1 1 Quote Link to comment Share on other sites More sharing options...
King Heffy Posted October 31, 2023 Share Posted October 31, 2023 13 minutes ago, 5forFighting said: Have you met successful people from the prairies? They are smart, hard working Canadians. It's disgusting to hear people talk about farmers etc like this. They're stupid enough to elect a piece of garbage like Smith. Quote Link to comment Share on other sites More sharing options...
The Arrogant Worms Posted October 31, 2023 Share Posted October 31, 2023 15 minutes ago, 5forFighting said: Not sure what you mean? Are you saying the Conservatives didn't make grade 9? I will assume that is tongue in cheek. At this point, left and right, liberal and conservative and on and on need a fresh start and to try to rectify things. If that can't happen, you are going to have Quebec and Alberta leave this great country and be left with a mish-mash of problems. The simplest tax code is the best tax code. Do you believe he is worse than Trudeau? Yes he is worse. But seriously get a sense of humour. It was a joke. I also make fun of JT 1 Quote Link to comment Share on other sites More sharing options...
Bob Long Posted October 31, 2023 Share Posted October 31, 2023 (edited) 21 minutes ago, 5forFighting said: Have you met successful people from the prairies? They are smart, hard working Canadians Yes, we are 21 minutes ago, 5forFighting said: It's disgusting to hear people talk about farmers etc like this. Well... I do have this one cousin near Yorkton... Edited October 31, 2023 by Bob Long 1 1 Quote Link to comment Share on other sites More sharing options...
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