Trudeau 'revenue neutral' tax changes - not even close

[Smallc]

Prove it....with dollars and cents

Not a problem:

http://www.cbc.ca/news/business/canada-s-dismal-wage-growth-still-better-than-most-of-g20-1.2862236

Commodities dropping will have changed that somewhat this year (though not all that much). For the last 3/4 of a decade, Canadian wages grew at more than 3x the rate of those in the US.

[Derek 2.0]

And yet, people are moving to Vancouver at more than double the rate that they're moving to Seattle. Cost of living is not the only factor in the decisions people make.

Moving or buying? Tell me how middle income earners are benefiting from Metro Vancouver's Real Estate and cost of living........We just sold a 5 bedroom home in Coquitlam for $1.3 million...

[Smallc]

Will the new bridges be open when you need to use them ?

Maybe they'll fall into the river.

[Derek 2.0]

Not a problem:

http://www.cbc.ca/news/business/canada-s-dismal-wage-growth-still-better-than-most-of-g20-1.2862236

Commodities dropping will have changed that somewhat this year (though not all that much). For the last 3/4 of a decade, Canadian wages grew at more than 3x the rate of those in the US.

See Alberta's O&G sector........

[Smallc]

Moving or buying?

In 5 years, Metro Vancouver had population growth of 9.3%. Urban Seattle had a growth rate of 8% over 10 years.

[bush_cheney2004]

Not a problem:

http://www.cbc.ca/news/business/canada-s-dismal-wage-growth-still-better-than-most-of-g20-1.2862236

Commodities dropping will have changed that somewhat this year (though not all that much). For the last 3/4 of a decade, Canadian wages grew at more than 3x the rate of those in the US.

FAIL....does not directly compare the cost of living between Canada and the United States. Nice try....

[bush_cheney2004]

Maybe they'll fall into the river.

No, the joke here is that in Canada, brand new cable stayed bridges fall up ! Lowest Ontario bidder, no doubt.

[Smallc]

See Alberta's O&G sector........

That wasn't the only thing driving those wages, though it certainly contributed. It is, after all, less than 8% of the economy. The other part is that most of the O&G sector is still intact.

[Derek 2.0]

In Canada, we are more likely to pay the people working at Costco, Walmart, etc, a living wage. In Canada, we have higher transportation costs (especially if you live on an island) because of geography, but also because of higher fuel taxes. Of course, as a result, we now invest about 50% more (and rising) in infrastructure than the US. Those are major contributors to the cost of living, and are selling points, I'd say.

So you're suggesting paying a higher cost of living, and more taxes is a selling point...............let me guess, you don't pay much taxes either?

[Smallc]

FAIL....does not directly compare the cost of living between Canada and the United States. Nice try....

The US is less expensive, baring having more than one child or major medical problems.

[Smallc]

So you're suggesting paying a higher cost of living, and more taxes is a selling point...............let me guess, you don't pay much taxes either?

You think that because I appreciate having a social safety net (that I've rarely used) I don't pay tax? Remember, I co-own a retain business with sales in the millions. I pay a lot of tax.

[Derek 2.0]

In 5 years, Metro Vancouver had population growth of 9.3%. Urban Seattle had a growth rate of 8% over 10 years.

A rate of growth for what income brackets? For some reason, the wealthy Chinese buying up Vancouver Real Estate haven't translated into a lower cost of living for middle class Canadians, that can't afford a two million dollar condo in Coal Harbor or ten million dollar house in the British Properties......contrasted with real estate prices in metro Seattle.....

[bush_cheney2004]

The US is less expensive, baring having more than one child or major medical problems.

Ya think ? Globe and Mail sure does:

The real difference is seen in the cost of living. While Americans and Canadians roughly make the same amount per annum, there are large gaps in specific spending areas of both countries.

http://www.theglobeandmail.com/globe-investor/personal-finance/household-finances/does-it-cost-more-to-live-in-canada-or-the-us-depends-if-you-have-kids/article4617778/

[Derek 2.0]

The US is less expensive, baring having more than one child or major medical problems.

How so? Its cheaper to feed and cloth children in the United States.

[Smallc]

A rate of growth for what income brackets?

You wouldn't be moving the goal post again, would you?

The reality is Canada taxes more, but has fewer problems related to money. Entitlements, the US highway system trust, and a host of other issues are going to have to be dealt with. That generally isn't the case here, even if we have a problem with health care cost growth (less of a problem than it was, and caused by being so close to the US). Taxes buy civilization. America is going to have to deal with that reality.

[bush_cheney2004]

A rate of growth for what income brackets? For some reason, the wealthy Chinese buying up Vancouver Real Estate haven't translated into a lower cost of living for middle class Canadians, that can't afford a two million dollar condo in Coal Harbor or ten million dollar house in the British Properties......contrasted with real estate prices in metro Seattle.....

Further to this point....rich B.C./Vancouver is so great it has to send preemies to hospitals in....Washington state.

[Derek 2.0]

You think that because I appreciate having a social safety net (that I've rarely used) I don't pay tax? Remember, I co-own a retain business with sales in the millions. I pay a lot of tax.

Do you pay nearly 50% of your income?

[Smallc]

How so? Its cheaper to feed and cloth children in the United States.

But there are better wealth distribution tools favoured to families in Canada - it's in the G&M article that BC posted.

[Smallc]

Further to this point....rich B.C./Vancouver is so great it has to send preemies to hospitals in....Washington state.

And that's a win win situation for both jurisdictions.

[Shady]

Excessive taxes buy slow growth, decreased foreign investment, fewer jobs and high costs of living.

[bush_cheney2004]

The reality is Canada taxes more, but has fewer problems related to money. Entitlements, the US highway system trust, and a host of other issues are going to have to be dealt with. That generally isn't the case here, even if we have a problem with health care cost growth (less of a problem than it was, and caused by being so close to the US). Taxes buy civilization. America is going to have to deal with that reality.

Then why is Trudeau lowering taxes ? Canada only has one major coast-coast highway, and it ain't that great.

[Shady]

And that's a win win situation for both jurisdictions.

/facepalm

[bush_cheney2004]

And that's a win win situation for both jurisdictions.

Sure is....it demonstrates just what all those taxes in Canada can't always deliver (pun intended).

[Derek 2.0]

You wouldn't be moving the goal post again, would you?

Not at all, you're the one citing Vancouver as an example of affordability.

The reality is Canada taxes more, but has fewer problems related to money. Entitlements, the US highway system trust, and a host of other issues are going to have to be dealt with. That generally isn't the case here, even if we have a problem with health care cost growth (less of a problem than it was, and caused by being so close to the US). Taxes buy civilization. America is going to have to deal with that reality.

You don't consider the United States a "civilization"? Some how, the Americans are managing with lower taxes and lower costs of living....

[Smallc]

Excessive taxes buy slow growth, decreased foreign investment, fewer jobs and high costs of living.

Canada has always had higher taxes than the US, but pretty much the same rate of growth. If you want to see what low taxes buys, move to Somalia.