Liberal Promises top $80,000,000,000 and still counting

[jdobbin]

YES let the Liberals cut transfer payments TO QUEBEC the black hole!!

BC and ALberta get crap all compared to the Eastern provinces thus why all the Eastern provinces (except those ridiculous people in Quebec) vote Liberal because the Liberals love to dole out money to the Eastern provinces.

The Liberals were the ones to cut transfers before. The Tories have increased them to Quebec.

[Smallc]

Transfer payments should be cut...again. And yes, the can add up to $80 billion. They are that big.

According to the numbers I read on the budget site a while back, only $40B is transfered to the provinces. And no, they shouldn't be cut.

[TCCK]

The Liberals were the ones to cut transfers before. The Tories have increased them to Quebec.

What a laugh, they cut them on the official budget and then did "SPECIAL CIRCUMSTANCES" payments to Quebec to make it look better on paper then the Liberals offered double payment very lucrative contracts to Quebec companies (owned by Liberal supporters) and without putting them to bid and then get kickback payments from those said companies directly to the Liberal party.

THUS THE SCAM IN THE LAST ELECTION WITH PAUL MARTIN against Harper. AND NO ONE GOT CHARGED?????????? WHAT GIVES????

[jdobbin]

According to the numbers I read on the budget site a while back, only $40B is transfered to the provinces. And no, they shouldn't be cut.

Expenses are running 37.9 billion a month. Most of that is transfers and yes, they should be cut back when they start resulting in deficits like we are starting to see more frequently.

http://www.fin.gc.ca/FISCMON/2008-04e.html

Transfers to governments alone run at $7.6 billion a month.

That alone is around $90 billion a year.

Edited September 26, 2008 by jdobbin

[Smallc]

they should be cut back when they start resulting in deficits like we are starting to see more frequently.

Or, we could have lived without the unimportant GST cut.

[jdobbin]

What a laugh, they cut them on the official budget and then did "SPECIAL CIRCUMSTANCES" payments to Quebec to make it look better on paper then the Liberals offered double payment very lucrative contracts to Quebec companies (owned by Liberal supporters) and without putting them to bid and then get kickback payments from those said companies directly to the Liberal party.

THUS THE SCAM IN THE LAST ELECTION WITH PAUL MARTIN against Harper. AND NO ONE GOT CHARGED?????????? WHAT GIVES????

I'm afraid you are incorrect. The numbers the present Tory government have posted are quite clear that the Liberals cut *all* spending. We have had this debate before and despite some on the right suggesting the Liberals spent more, the numbers just don't support it. It is just partisan nonsense.

[jdobbin]

Or, we could have lived without the unimportant GST cut.

I had no problem with a tax cut. It should have been on income which acts more of a stimulus for the economy than a reductions on a tax on consumption.

In all likelihood, there would have been more revenue coming in according to a large number of economists.

[Smallc]

I had no problem with a tax cut. It should have been on income which acts more of a stimulus for the economy than a reductions on a tax on consumption.

In all likelihood, there would have been more revenue coming in according to a large number of economists.

I agree. Thats why I referred specifically to the GST cut. I think cutting things like health and infrastructure transfers should be a last resort though.

[jdobbin]

I agree. Thats why I referred specifically to the GST cut. I think cutting things like health and infrastructure transfers should be a last resort though.

It wouldn't be my first choice. I'd hit some of the subsidy programs for businesses that really shouldn't be collecting the money such as the oil industry and the parts of the manufacturing sector. It really galls me that we are constantly blackmailed by threats to leave without a handout. I'd rather cut corporate taxes and cut red tape than hand out cash.

[TCCK]

It is a long known and proven fact that cutting taxes to corporations spurs on the economy and more hiring (less unemployment) thus more people making money, paying personal taxes, service taxes and sales taxes.

In the long run you make more tax revenue back from the employees and the money the company pays for support equipment, desks, PC's, tools, buildings than they would have made from the taxes that they cut from the corporations.

And more people are working and the economy is growing and strong.

Tax the businesses, they cut costs, lay off people, less personal tax, less sales tax on new cars, furniture form employees because they are all afraid they are the next to be laid off or the ones that were already and they are unemployeed. Thus the economy goes in a downward spiral inot the toilet.

Study your history.

[independent]

It is a long known and proven fact that cutting taxes to corporations spurs on the economy and more hiring (less unemployment) thus more people making money, paying personal taxes, service taxes and sales taxes.

In the long run you make more tax revenue back from the employees and the money the company pays for support equipment, desks, PC's, tools, buildings than they would have made from the taxes that they cut from the corporations.

And more people are working and the economy is growing and strong.

Tax the businesses, they cut costs, lay off people, less personal tax, less sales tax on new cars, furniture form employees because they are all afraid they are the next to be laid off or the ones that were already and they are unemployeed. Thus the economy goes in a downward spiral inot the toilet.

Study your history.

What history book are you reading. If I were running a business I would try to mazimise my profits. Why would I hire more people than I need to run it. Companies these day do not spend any more money on infrastructure that required. You are sounding like a business man who wants more money in his pocket.