Conservative Platform Policies

[Saipan]

Why are some poeple calling it a "coup"?

Maybe for the same reason you call them poeple.

[blueblood]

They did it before perfectly fine especially considering our rates are already competitivey low. Corporate taxes don't create jobs. Show me proof. I work for the largest insurance company in Canada and we're currently already sitting on $800,000,000 in pure cash. That extra 2% is going straight into dividends for our stockholders - not into creating jobs. If we wanted to create jobs, we've already got the money to do it.

Here's what some experts have to say

http://money.canoe.ca/money/business/canada/archives/2010/12/20101230-123731.html

What is with the liberals and "good enough" attitude? What's wrong with being the best? What is wrong with having the best environment in the world to do business?

And what is wrong with shareholders getting more money? Who are shareholders? There are a great many deal of canadians who are shareholders and who are putting their money in harm's way in order to get a return on investment so they don't have to rely on the cpp for their retirement. Businesses exist in order to make money, not provide jobs. Businesses only offer jobs if it will help them make more money. What low corporate taxes do is lower a company's expenses so that it is easier to grow and thus create jobs.

Corporate tax policy for the last decade was to slash taxes consistently, as a result we have the best growth in the g7 right now, we weathered the economic crisis far better than the developed world. Why are other countries slashing corporate taxes? Why is ontario finally starting to get around to slashing corporate taxes? Perhaps because it is proven to be beneficial for the economy and the most efficient way to spur job creation.

[ToadBrother]

Corporate tax policy for the last decade was to slash taxes consistently, as a result we have the best growth in the g7 right now, we weathered the economic crisis far better than the developed world. Why are other countries slashing corporate taxes? Why is ontario finally starting to get around to slashing corporate taxes? Perhaps because it is proven to be beneficial for the economy and the most efficient way to spur job creation.

Except the stats show it hasn't. Corporations keep vast cash reserves, which is what they have been doing, makes bankers and investors rich, but it pretty much explicitly mutes job creation.

When you can show me corporations opening the flood gates and spending en masse, then you'll have a point. But if all they're going to do is stick it in the bank, then clearly they're getting enough of a break already. I'm not even disagreeing with sitting on the money, it makes sense in an iffy economic climate to save and not spend or going on hiring sprees, in part because it gives you a cushion if things should turn really bad, and in part because iffy economic climates have their own particular opportunities. But don't try to fool anyone with the job creation talk, it's BS, and precisely because until we're on what looks like a sustained upswing, no one is going to run out hiring in the numbers to justify the tax cuts, no matter how low the tax rate becomes. It doesn't make any bloody sense to do so.

[blueblood]

Except the stats show it hasn't. Corporations keep vast cash reserves, which is what they have been doing, makes bankers and investors rich, but it pretty much explicitly mutes job creation.

When you can show me corporations opening the flood gates and spending en masse, then you'll have a point. But if all they're going to do is stick it in the bank, then clearly they're getting enough of a break already. I'm not even disagreeing with sitting on the money, it makes sense in an iffy economic climate to save and not spend or going on hiring sprees, in part because it gives you a cushion if things should turn really bad, and in part because iffy economic climates have their own particular opportunities. But don't try to fool anyone with the job creation talk, it's BS, and precisely because until we're on what looks like a sustained upswing, no one is going to run out hiring in the numbers to justify the tax cuts, no matter how low the tax rate becomes. It doesn't make any bloody sense to do so.

Like this job creation?

http://www.statcan.gc.ca/subjects-sujets/labour-travail/lfs-epa/lfs-epa-eng.htm

Coincidence?

Seems like the unemployment numbers getting whittled away to me. I will give you that the rate is slower than most people would like. It could be worse, you could live in the usa or england.

[ToadBrother]

Like this job creation?

http://www.statcan.gc.ca/subjects-sujets/labour-travail/lfs-epa/lfs-epa-eng.htm

Coincidence?

Seems like the unemployment numbers getting whittled away to me. I will give you that the rate is slower than most people would like. It could be worse, you could live in the usa or england.

You seem to be committing the most dangerous fallacy of statistic; correlation does not imply causation.