Smallc Posted April 22, 2011 Report Posted April 22, 2011 Not only that the NDP wants to use the extra 1% to big corporations they will roll back to give a TAX CUT to small business. In fairness, it's a 2.5% rollback, since the rate is currently at 16.5%. Quote
punked Posted April 22, 2011 Report Posted April 22, 2011 In fairness, it's a 2.5% rollback, since the rate is currently at 16.5%. I meant the extra 1% above the roll back the Liberals want. I should have made that clear, the NDP will be able to play with the tax structure because of the difference. Sorry Smallc I should have made myself clear. Quote
TimG Posted April 22, 2011 Report Posted April 22, 2011 (edited) That's a good point. The corporate tax cut is for big corporations. I have a small corporation and that tax cut doesn't touch me. The NDP are also planning to raise 7 billion/year with a cap and trade system. This will increase the cost of everything. It will also likely keep us in deficit since the economy would slow down as well. Edited April 22, 2011 by TimG Quote
msj Posted April 22, 2011 Report Posted April 22, 2011 The NDP are also planning to raise 7 billion/year with a cap and trade system. This will increase the cost of everything. It will also likely keep us in deficit since the economy would slow down as well. Oh, I didn't know that. I will gladly vote for the NDP now. Thanks. I'm in BC and don't mind one bit our own carbon tax put on gas etc. Quote If a believer demands that I, as a non-believer, observe his taboos in the public domain, he is not asking for my respect but for my submission. And that is incompatible with a secular democracy. Flemming Rose (Dutch journalist) My biggest takeaway from economics is that the past wasn't as good as you remember, the present isn't as bad as you think, and the future will be better than you anticipate. Morgan Housel http://www.fool.com/investing/general/2016/01/14/things-im-pretty-sure-about.aspx
TimG Posted April 22, 2011 Report Posted April 22, 2011 (edited) I'm in BC and don't mind one bit our own carbon tax put on gas etc.Of course, the chances of them actually raising the revenue is very small. They will more likely make the deficit worse because of all of their spending promises. The same issue exists with the corporate tax increases - they will likely not deliver anything close to the revenue assumed which means a deficit.Frankly, I can understand your complaints about the CPC economic policies but those complaints are minor compared to the mess we would be in if the NDP actually formed government. They would piss away all of the gains we have made over last 20 years. It would be worse than Bob Rae government Ontario because it would affect the entire country. Edited April 22, 2011 by TimG Quote
punked Posted April 22, 2011 Report Posted April 22, 2011 Of course, the chances of them actually raising the revenue is very small. They will more likely make the deficit worse because of all of their spending promises. The same issue exists with the corporate tax increases - they will likely not deliver anything close to the revenue assumed which means a deficit. Frankly, I can understand your complaints about the CPC economic policies but those complaints are minor compared to the mess we would be in if the NDP actually formed government. They would piss away all of the gains we have made over last 20 years. It would be worse than Bob Rae government Ontario because it would affect the entire country. You know a Conservative or Liberal has lost an argument when they say these two words "Bob Rae". Get over it he is a Liberal deal with it. Quote
TimG Posted April 22, 2011 Report Posted April 22, 2011 You know a Conservative or Liberal has lost an argument when they say these two words "Bob Rae". Get over it he is a Liberal deal with it.Lost an argument? YOu got to be kidding. They are the facts and the parallels are exactly the same: an inexperienced NDP government is suddenly responsible for running the government. Bob Rae messed up Ontario really badly and ignoring that lesson will be bad for us all. Quote
punked Posted April 22, 2011 Report Posted April 22, 2011 Lost an argument? YOu got to be kidding. They are the facts and the parallels are exactly the same: an inexperienced NDP government is suddenly responsible for running the government. Bob Rae messed up Ontario really badly and ignoring that lesson will be bad for us all. There have been plenty of first time NDP governments that weren't Bob Rae. I don't see you talking about Darrel Dexter, Edward Schreyer, Tommy Douglas, Dave Barrett, or Tony Penikett. There have been plenty of places where the NDP have taken over the first time that weren't Bob Rae. You ignore those because you refuse to open a book or educate yourself. You just spout talking points all day. Quote
msj Posted April 22, 2011 Report Posted April 22, 2011 Of course, the chances of them actually raising the revenue is very small. They will more likely make the deficit worse because of all of their spending promises. The same issue exists with the corporate tax increases - they will likely not deliver anything close to the revenue assumed which means a deficit. Frankly, I can understand your complaints about the CPC economic policies but those complaints are minor compared to the mess we would be in if the NDP actually formed government. They would piss away all of the gains we have made over last 20 years. It would be worse than Bob Rae government Ontario because it would affect the entire country. I do not expect the NDP coming anywhere close to forming a government. In my riding, however, it is possible that the NDP candidate could defeat the CPC incumbent which would be spectacular. Quote If a believer demands that I, as a non-believer, observe his taboos in the public domain, he is not asking for my respect but for my submission. And that is incompatible with a secular democracy. Flemming Rose (Dutch journalist) My biggest takeaway from economics is that the past wasn't as good as you remember, the present isn't as bad as you think, and the future will be better than you anticipate. Morgan Housel http://www.fool.com/investing/general/2016/01/14/things-im-pretty-sure-about.aspx
TimG Posted April 22, 2011 Report Posted April 22, 2011 There have been plenty of first time NDP governments that weren't Bob Rae. I don't see you talking about Darrel Dexter, Edward Schreyer, Tommy Douglas, Dave Barrett, or Tony Penikett.I don't ignore them. Layton's platform puts him in the Bob Rae rather than the Darrel Dexter side of the fence. Quote
Smallc Posted April 22, 2011 Report Posted April 22, 2011 I don't ignore them. Layton's platform puts him in the Bob Rae rather than the Darrel Dexter side of the fence. And NDP governments are quite different. IF the NDP were ever to gain power federally, they would govern much closer to the centre. Don't think that they haven't learned something from Bob Rae. Quote
punked Posted April 23, 2011 Report Posted April 23, 2011 I don't ignore them. Layton's platform puts him in the Bob Rae rather than the Darrel Dexter side of the fence. Bob Rae is a Liberal for a reason as for Jack not being close to Dexter they seem awful close to me. http://4.bp.blogspot.com/_UhUOT-2x5ag/TAl_DdIPxiI/AAAAAAAABPQ/WSMrXk59r3M/s1600/jack+dexter.jpg Quote
blueblood Posted April 23, 2011 Report Posted April 23, 2011 Lost an argument? YOu got to be kidding. They are the facts and the parallels are exactly the same: an inexperienced NDP government is suddenly responsible for running the government. Bob Rae messed up Ontario really badly and ignoring that lesson will be bad for us all. If they say that rae is a former ndp turned liberal, let's talk about the biggest former ndp turned liberal screw up in history. His name Trudeau. Where do you think trudeau got some of his economically illiterate ideas? No wonder the ndp tries to be fiscally prudent these days, they have a branding war to fight. Quote "Stop the Madness!!!" - Kevin O'Leary "Money is the ultimate scorecard of life!". - Kevin O'Leary Economic Left/Right: 4.00 Social Libertarian/Authoritarian: -0.77
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