CPCFTW

Great news that he is captured. Now let us all hope that the poor soul can be swiftly extradited and rehabilitated into a positive contributor to society, and not incarcerated in one of Harper's US style mega-prisons!!! /bleeding heart lefty

Who cares what you think the Conservatives will do with it? We have frequent elections and if the conservatives roll EI profits into general revenues (which they won't), it will be an obvious election issue which another party can use to gain power. Reducing EI premiums is also sort of a corporate tax cut. I personally believe that the conservatives are doing this to stimulate job creation by reducing our tax on employment (ei premiums). It doesn't really make sense to roll the EI savings into general revenue to pay for corporate tax cuts, when just reducing ei premiums would also be a corporate tax cut, and would stimulate job creation more than general corporate tax cuts, and would not be a future hot button election issue. But I guess if you think of the CPC as the boogeyman who wants to destroy Canada then it might make sense.

A private insurance company would never insure seasonal workers for being unemployed. In group insurance schemes for private workers, you will typically be given a choice for which benefits you want to be insured for. The current model is akin to forcing everyone to buy the most expensive insurance plans so that a few people can get free braces, laser eye surgery, botox, and boob jobs. If everyone is going to be compelled to pay for the most expensive insurance plan, then it is reasonable for the government to attempt to contain costs. If seasonal workers had to insure themselves the calculation for their premiums would be quite simple. It would amount to about 1/3rd of their paycheque. The rest of EI contributors are subsidizing their rates to the far lower levels that they actually pay. Honestly what kind of nonsense is this. Insuring againt something that there is a 100% probability of happening.. And paying 2500/yr at most for several times more in benefits. What a joke. Edit: Maximum EI deduction is actually around $800, not $2500. I was thinking of CPP. "Wahhhh I can't pay $800 for thousands in cash each year!! What an utterly worthless insurance!!"

You are on that forum. Shout out to MH! Although he leans to the left, he has no problem calling out a lefty for ridiculous statements and insults.

So the suggested policy response is to invest in infrastructure that benefits manufacturing? Pretty sure that's already being done. Unfortunately we can't invest too much though or Mulcair will cry "corporate subsidies! What about welfare and investing more in free health care!?"

I think a severed giant cancerous growth would be a more fitting symbol for Quebec.

I didn't read his post as blaming the left.. I read it as denouncing Topaz for blaming the right. Topaz basically said in the op that people killing each other and mailing severed limbs to the cpc is justifiable given the cuts to ei.

AFAIK you can't really enroll in the plan unless your employer decides to offer it, or if you are self-employed. I believe the idea is to make pension plans affordable to smaller businesses.

hahaha

Mulcair is probably just Smith Manoevring. Pretty good idea... you diversify your assets and turn your mortgage into a tax deductible loan. But that doesn't change the fact that he still leads a party that would destroy Canada. I agree that this is a non-story, but so is almost everything in Canadian politics these days. At least the CPC aren't calling for Mulcair's resignation... that's a step up from the dippers and grits MO. And assuming that it is the Smith Manoevre, it is quite ironic that the wealthy leader of the party that wants to raise taxes on the wealthy, is using a tax avoidance strategy. I'm not sure what would be worse for him politically: to be viewed as an incompetent money manager, or to be viewed as a competent tax-avoiding wealthy 1%er.

What's your point? The capital didn't appear out of nowhere. It was earned and taxes were paid on those earnings.

Yeah I'm not seeing where they said "seasonal workers won't be affected"... There's a pretty big difference between "targetting" and "affecting".. It is obvious that the main intent is to target seasonal workers who abuse the system. Conservatives are saying it isn't designed to target seasonal workers, but rather seasonal workers who abuse the system. Ie. If you are a seasonal worker who legitimately cannot find reasonable work offseason, then this law doesn't affect you because it is not targetting you.

Sweet meaningless anecdote. And 60k is a lot more taxes than most people will ever pay in taxes. I'm sure he has every right to complain about those taxes.. You won't pay just 60k on 300k in personal employment income, so he must have some kind of investment income (and he has presumably already paid taxes on the income required to get the capital to make that investment). I never denied there are tax breaks. But the tax breaks that are available are designed to encourage investment/savings, and make it worthwhile for investors to take an investment risk. The personal tax breaks that the left loves to complain about also have very little effect on government tax revenues. This may come as a surprise, but there are not that many people in Canada like your friend.

What "tax breaks" would those be? Makes for a nice sound bite though, doesn't it? Add this to your research list, then get back to me so that I can explain the economic (and moral) reasoning behind any so-called "breaks" in taxes for the wealthy.

Yes 29% to the federal government in income taxes... plus 10-16% (or 21% in NS) to the provincial governments. That is 39-45% (or 50% in NS) of your income going to government already. Then you have property taxes, and sales taxes (5 to 15%). People making over 130k in employment income are generally already paying over 50% of their income in total taxes to the government. People with taxable investment income already paid (or their parents paid) taxes on the money they are investing, and are paying smaller additional taxes on top of that. Why don't you do a little more research before plotting to reform society?

No one taxes based on household income. What kind of commie nonsense is this?

How is anyone forced into servitude? If you can't strike, and you can't agree to the terms of your employment, you can quit and find a new employer.

Look into it. From what I understand, you are quite involved in the NDP party. Some business-oriented policies would go a long way towards bridging the gap between cpc and ndp voters. And if anyone can sell the public on a corporate tax break, it would be the ndp.

Companies will get a tax deduction for creating jobs. Ie. If they hire 100 people making 50k and paying 10k taxes each, they will get a $1 million deduction from taxes payable. Creating 250 jobs of people making 20k each will result in a smaller deduction since people making 20k barely pay any taxes. We already give tax deductions for investing in capital, why not for investing in employment (and therefore lowering unemployment and related social expenses)?

How about we let companies deduct employee payroll tax deductions from their taxes payable? Also raise the basic personal limits. Should create some decent payying jobs.

Listen, the fact is that prices would be higher if the dollar was weaker. That is an undeniable fact and I won't argue facts with you anymore. I'm not going to waste any more time explaining away every little anecdote that you can come up with to support your fantasy-world. Have fun in wonderland.

Sure. Go to ca.reuters.com. Read today's article about canada's inflation and the possibility of a rate hike. You see, this is so simple, so basic, that there are articles about it on almost a daily basis.

I work in the industry.. I didn't do any more research. You really can't detect sarcasm when I responded to punked's post insisting that exchange rates don't affect prices with "more lefty pseudo-economics... exchange rates don't affect prices! :lol"? You must be dumber than I thought.

Sure. First of all, investors aren't gobbling up the USD. It has depreciated significantly. Japan has maintained low interest rates for a long time as they are an export based economy. If they were to raise their interest rates, investors would "gobble up" more JPY and it would impact their exports. You're clueless.

Quite the argument! Anyone who pays attention to forex markets knows that when interest rates are raised there is increased demand for the currency (ie. the currency strengthens). Anyone with even the most basic level of education on economics knows that the BoC raises interest rates to fight inflation. Therefore, strengthen currency = slow inflation. You don't even have to understand the underlying economics which I already explained to understand that. You're making a fool of yourself. I never denied that currency strengthened and manufacturing jobs were lost because of the oil industry. If exports are more expensive then it will be harder for manufacturers to compete. Yes that much is simple. But do deny the reciprocal that imports are therefore cheaper is beyond partisan. "Oil industry made our exports less competitive, but imports were unaffected, I swear!!" Next time you buy something made in the usa, divide it by 0.7 to find out approximately what it would have costed if the CAD hadn't appreciated. And while we're talking about China.. What's all this fuss the US has been making about China not floating their exchange rate?! Don't they know that exchange rates have no effect on prices!?! If you want to talk about partisan responses then start with yourself. You talk all this nonsense about facts while shrugging off a fundamental economic fact. Google "how does the bank of canada reduce inflation?". You will find that the answer is raising interest rates (ie. strengthening the currency). Get a clue man. Anyway, I've had enough of teaching econ 101 to basement dwelling philosophy students with your pseudo-economics nonsense. I feel dumber everytime I read a dipper's post about "economics". That's the last you'll hear from me in this thread. Remember to click your heels three times when you're ready to come home from wonderland!