Erin O'Toole is the Conservative Leader

[taxme]

21 hours ago, wxman52 said:

Well Bernier will never win yet even get 5 seats so nothing will change. Canadians are way way too leftist socialist to evern consider the PPC. Which means that we keep doing the same until the whole system explodes..whenever that is..this year or in 5-10 years..no idea anymore. 

The majority of Canadians have become a dumb downed bunch of liberals and socialists. If Bernier can at last get 5 seats or a few more he has the chance to now get his conservative message out to those trained seal zombies out there who keep voting for liberalism and socialism.  Maybe Bernier does not stand a chance of winning any seats but I will vote for him anyway.  I have no choice but to do so. With the PPC  party around I at least know that I have someone like Bernier out there who is trying to look after my freedom and liberty.

The rest of those Canadian political party's out there in la-la land Canada are all just a bunch of traitors to me and to Canada, and whom are all for more and bigger government, more rules and regulations/red tape, more taxes or new taxes, and less freedom and liberty. Canada is well on it's way to communism, and the fools out there just cannot seem to want to get it yet that their freedom and liberty is in jeopardy.  O'Toole is just another tool and puppet for the globalists. Believe it or not. 

Edited August 27, 2020 by taxme

[taxme]

On 8/26/2020 at 5:46 AM, Thinkinoutsidethebox said:

Now that is funny, I bet it costs more to implement then revenue it generates. It does employ alot of people though. 

The GST was just another huge tax ripoff that was placed on the idiotic Canadian taxpayer's in this country who just accepted more theft of their hard earned dollars. And the GST was implemented by a so called Canadian conservative party. The GST was supposed to be only applied to paying off our debt but instead went into general revenue to be blown by our dear comrade leaders willy-nilly who could careless about how and what they do with our tax dollars.

We do not have any real great and honest leaders in Canada anymore. Just liars, thieves and cheats. We only  have a bunch of globalist following political morons who could careless about Canada or Canadians. And just like the trained seals that Canadians have become they will be voting for some totally useless Canadian leftist liberal political party again who has no interest in their well being or health at all. They just want your tax dollars and your obedience. Canada has become a great place to call home for those leftist liberals and socialist/communists who appear to cannot wait until Canada starts flying the hammer and sickle red communist flag. Let someone prove to me that I am wrong in what I am saying here if they can?  Over. 

If anyone with any common sense and logic thinks that pro globalist O'Toole is the man for the job in Canada today, well then, go for him and vote for him in the next election. I can pretty much guarantee you that there will be very little change in politics in Canada after the tool is elected. It will be business as usual. More government, more taxes, and less freedom. That is all we will be getting from this fake so called conservative. More bull chit. Just saying. 

Edited August 27, 2020 by taxme

[August1991]

On 8/27/2020 at 3:09 PM, taxme said:

The GST was just another huge tax ripoff that was placed on the idiotic Canadian taxpayer's in this country....

Mulroney's GST is a remarkably fair/good tax. You buy, you pay tax.

Compare it with the federal Liberal payroll CPP/EI "taxes". You work, you're taxed. 

[August1991]

On 8/24/2020 at 5:12 PM, Argus said:

We knew it would be him or MacKay and there's damn all difference between them. Neither has brought any new policy or viewpoint to talk about. Both of them were careful to make no commitments to anything. What's to talk about? O'Toole is probably less sappy than his predecessor? Okay.

Whether they can win depends, I think, on how badly the Trudeau government screws up. Because I doubt O'Toole is going to come out with any interesting views, vision or policy announcements. It will likely be more of the same as under Scheer and Harper.

Agreed.

But I'm somehow happy that O'Toole won.

Edited August 30, 2020 by August1991

[Cannucklehead]

8 minutes ago, August1991 said:

Mulroney's GST is a remarkably fair/good tax. You buy, you pay tax.

Compare it with the federal Liberal payroll CPP/EI "taxes". You work, you're taxed. 

The gst was nothing new.  We already were paying it.  

The goods and services tax is a value added tax introduced in Canada on January 1, 1991, by the government of Prime Minister Brian Mulroney.  The GST replaced a previous hidden 13.5% manufacturers' sales tax (MST);

 

[August1991]

4 minutes ago, Cannucklehead said:

The gst was nothing new.  We already were paying it.  

The goods and services tax is a value added tax introduced in Canada on January 1, 1991, by the government of Prime Minister Brian Mulroney.  The GST replaced a previous hidden 13.5% manufacturers' sales tax (MST);

Indeed.

And I suspect this guy with an obviously Catholic/Irish name can change Canada. Heck, Kennedy changed America.

[Michael Hardner]

7 hours ago, August1991 said:

. Heck, Kennedy changed America.

Not as much as LBJ

[cannuck]

On 8/27/2020 at 1:09 PM, taxme said:

The GST was just another huge tax ripoff that was placed on the idiotic Canadian taxpayer's in this country who just accepted more theft of their hard earned dollars. And the GST was implemented by a so called Canadian conservative party. The GST was supposed to be only applied to paying off our debt but instead went into general revenue to be blown by our dear comrade leaders willy-nilly who could careless about how and what they do with our tax dollars.

You got it.   The issue is not so much with taxation, but SPENDING.  Ultimately, we (or more to the point our grandchildren) will have to pay it all, but what is terrifying is how complacent and ignorant Canadians are about the spending that happens. l always come back to the same solution: NO DEFICITS ALLOWED - you would have to tax the people during your term of government to pay for your largess.

Edited August 30, 2020 by cannuck

[taxme]

17 hours ago, August1991 said:

Mulroney's GST is a remarkably fair/good tax. You buy, you pay tax.

Compare it with the federal Liberal payroll CPP/EI "taxes". You work, you're taxed. 

The GST was just another gigantic ripoff for the Canadian taxpayer. The GST was supposed to be there to help pay down the debt. I doubt very much that the GST money stolen from the taxpayer ever went towards the debt. Maybe a couple of hundred bucks or two. No tax is a good tax unless it is being used for something that benefits all Canadians. Most of your taxes goes towards way too many leftist liberal/socialist programs and agendas that no taxpayer ever asked for. Not all taxes are fair and good. Some taxes created are just plain theft of taxpayer's tax dollars. Bulroney was just another leftist liberal buffoon in conservative clothing. The globalist buffoon never acted like a real and true conservative leader at all.

O'Toole will be just another globalist elite puppet on a string buffoon like the rest of them in the liberal conservative party. Derek Sloan appeared to have been a real and true conservative leader but look what they did to him? There is some moron in the liberal party that wants the conservative party to get rid of Sloan. WTH? And no doubt Sloan will be gone very soon. You betcha!!  Hopefully, Sloan will now have seen the light and he will join the PPC party. Bernier will welcome him in the PPC party with open arms. Just saying and hoping. 

 

[taxme]

17 hours ago, August1991 said:

Agreed.

But I'm somehow happy that O'Toole won.

Why? 

[taxme]

17 hours ago, Cannucklehead said:

The gst was nothing new.  We already were paying it.  

The goods and services tax is a value added tax introduced in Canada on January 1, 1991, by the government of Prime Minister Brian Mulroney.  The GST replaced a previous hidden 13.5% manufacturers' sales tax (MST);

 

The old manufacturers tax was just another ripoff tax like so many other ripoff taxes that have been applied to so many goods and services that have mostly gone towards way too many leftist liberal programs and agendas that the majority of Canadians never did ask for. If politicians and their bureaucrats would stop trying to blow our tax dollars, like they keep doing every day, Canada would be one of the wealthiest countries on earth. We would all be filthy rich. Our dollar is low because of the way our dear comrade leaders cannot stop borrowing and then keep blowing those borrowed dollars from the banksters. Our spend crazy  politicians have created our debt and they the sheeple must now try and payoff that debt. If only they the sheeple gave a crap. Ha-ha. Good luck on that one. 

[taxme]

6 hours ago, cannuck said:

You got it.   The issue is not so much with taxation, but SPENDING.  Ultimately, we (or more to the point our grandchildren) will have to pay it all, but what is terrifying is how complacent and ignorant Canadians are about the spending that happens. l always come back to the same solution: NO DEFICITS ALLOWED - you would have to tax the people during your term of government to pay for your largess.

Most Canadians are ignorant and are truly an exercise in futility. There can never be any hope for Canada as long as those people live among us. 

[SpankyMcFarland]

On 8/30/2020 at 12:10 PM, cannuck said:

You got it.   The issue is not so much with taxation, but SPENDING.  Ultimately, we (or more to the point our grandchildren) will have to pay it all, but what is terrifying is how complacent and ignorant Canadians are about the spending that happens. l always come back to the same solution: NO DEFICITS ALLOWED - you would have to tax the people during your term of government to pay for your largess.

A lot of governments took a dim view of deficits a hundred years ago and we know how that turned out. The trick is to save during the good years so one can spend during the downturns. 

[Argus]

1 minute ago, SpankyMcFarland said:

A lot of governments took a dim view of deficits a hundred years ago and we know how that turned out. The trick is to save during the good years so one can spend during the downturns. 

Yes, except we've been spending during the good years, too.

[SpankyMcFarland]

2 hours ago, Argus said:

Yes, except we've been spending during the good years, too.

Yes. 

[-1=e^ipi]

On 8/27/2020 at 3:09 PM, taxme said:

The GST was just another huge tax ripoff that was placed on the idiotic Canadian taxpayer's in this country who just accepted more theft of their hard earned dollars.

No, it was introduced because a value-added consumption tax has a less negative impact on the incentive to invest in Canada than previous taxes such as the MST mentioned above and various other sales taxes. The shift to generating tax revenue from a value-added consumption tax over the past few decades, rather than say a corporate tax, has been observed across many developed economies.

[-1=e^ipi]

On 8/30/2020 at 5:16 PM, taxme said:

Derek Sloan appeared to have been a real and true conservative leader but look what they did to him?

Yes, he wanted to conserve the dairy cartel and supply management, along with wanting to conserve other bad ideas and bad policies. A true conservative.

[taxme]

2 minutes ago, -1=e^ipi said:

No, it was introduced because a value-added consumption tax has a less negative impact on the incentive to invest in Canada than previous taxes such as the MST mentioned above and various other sales taxes. The shift to generating tax revenue from a value-added consumption tax over the past few decades, rather than say a corporate tax, has been observed across many developed economies.

We are a country of way too many taxes. The GST was just another ripoff. If they the people would demand that the government be cut in half we could save hundreds of billions of our tax dollars every year and then be able to get rid of the GST. You just are not getting the picture. We need less taxes, not more taxes. HELLO? 

[taxme]

6 hours ago, SpankyMcFarland said:

A lot of governments took a dim view of deficits a hundred years ago and we know how that turned out. The trick is to save during the good years so one can spend during the downturns. 

First of all we need to teach our spend crazy in the head leaderless politicians to stop blowing our tax dollars on leftist liberal/socialist programs and agendas that we the people do not need nor ever asked for. This country would be one of the wealthiest countries in the world if we would start to demand that our politicians stop blowing our tax dollars like it was their's to blow. 

[taxme]

10 minutes ago, -1=e^ipi said:

No, it was introduced because a value-added consumption tax has a less negative impact on the incentive to invest in Canada than previous taxes such as the MST mentioned above and various other sales taxes. The shift to generating tax revenue from a value-added consumption tax over the past few decades, rather than say a corporate tax, has been observed across many developed economies.

Well, some of the things that i saw from him certainly looked pretty much like he was a real and true conservative.  But then again, like most politicians, they all mostly just bull chit or lie. Aw well. 

[-1=e^ipi]

6 hours ago, taxme said:

We are a country of way too many taxes. The GST was just another ripoff. If they the people would demand that the government be cut in half we could save hundreds of billions of our tax dollars every year and then be able to get rid of the GST. You just are not getting the picture. We need less taxes, not more taxes. HELLO? 

It's not a question of the number of taxes that matters, but of the impact of the tax system on incentives, such as the incentive to work or the incentive for capital investment.

[cannuck]

6 hours ago, -1=e^ipi said:

It's not a question of the number of taxes that matters, but of the impact of the tax system on incentives, such as the incentive to work or the incentive for capital investment.

You win the cupie doll.   Our biggest problem (worldwide) is that we give speculative gain a free ride on the taxpayers' backs so investment is driven into the casino capitalist world to be redistributed and inflated inequitably and out of the capitalist world where Main Street can create the wealth it takes to sustain the real economy..

[-1=e^ipi]

6 hours ago, cannuck said:

You win the cupie doll.   Our biggest problem (worldwide) is that we give speculative gain a free ride on the taxpayers' backs so investment is driven into the casino capitalist world to be redistributed and inflated inequitably and out of the capitalist world where Main Street can create the wealth it takes to sustain the real economy..

I'm not entirely sure what idea you are trying to convey in your post. But if you are referring to the existence of the stock market, the stock market benefits the real economy through how it allocates capital. Labour and capital are used to produce goods and services that we benefit from in society. Investments may vary in how economically viable they are or in how much benefit they bring to society. Investments that are more economically viable or are of higher benefit to society tend to have higher economic rates of return. This causes the stock market to shift investments to areas of the economy that have higher rates of return, thereby increasing the economic productivity of society. Capital being allocated instead through central planning, as was done in various communist, socialist and fascist regimes in the past, tends to result in worse capital allocation as central planners generally do not have perfect information, as central planning decisions are often done for ideological instead of economic reasons, and as central planning is more prone to corruption.

[cannuck]

3 hours ago, -1=e^ipi said:

I'm not entirely sure what idea you are trying to convey in your post. But if you are referring to the existence of the stock market, the stock market benefits the real economy through how it allocates capital. Labour and capital are used to produce goods and services that we benefit from in society. Investments may vary in how economically viable they are or in how much benefit they bring to society. Investments that are more economically viable or are of higher benefit to society tend to have higher economic rates of return. This causes the stock market to shift investments to areas of the economy that have higher rates of return, thereby increasing the economic productivity of society. Capital being allocated instead through central planning, as was done in various communist, socialist and fascist regimes in the past, tends to result in worse capital allocation as central planners generally do not have perfect information, as central planning decisions are often done for ideological instead of economic reasons, and as central planning is more prone to corruption.

The ONLY benefit to the economy from equities is an IPO or a PO.  The vast majority of what Wall/Bay Street does is merely speculating (and driving speculation) on trading equities that have by that point in the cycle NOTHING to do with the company (except, of course, in the compensation package of execs who then proceed to rob real investors of their equity position).   Every inflation of the market value over book value removes investment capital from Main Street or another PO.  It is what has destroyed our economy and built massive inflationary forces into our currencies (particularly the Greenback).  Allocation of capital by cronyism is no different from central planning.   The greed involved is no different from some tin pot dictator's version of corruption.  You are taking money OUT of productive hands and putting into hands of those who have manipulated the law/system/markets by the privilege of access to do so for their personal benefit.  Don't even get me started on synthetic instruments - they are 100x worse than mere equity speculation.

You represent yourself as an intelligent, thinking person.   Try taking a careful look at what is actually going on around you and realize we have done a 1929 - but managed to avoid the aply earned correction by the power of the Street to manipulate government into bailing out their greed, corruption and excesses.  "too big to fail" just means the fall will be far more damaging when it inevitably comes.

[-1=e^ipi]

1 hour ago, cannuck said:

The vast majority of what Wall/Bay Street does is merely speculating (and driving speculation) on trading equities that have by that point in the cycle NOTHING to do with the company

Is price speculation inherently bad? Sometimes prices determined by an IPO do not well reflect the value of a company as information isn't perfect. Isn't it better to have mechanisms that allow prices to adjust?

1 hour ago, cannuck said:

except, of course, in the compensation package of execs who then proceed to rob real investors of their equity position

Couldn't you choose to not invest in the companies that do this?

1 hour ago, cannuck said:

It is what has destroyed our economy and built massive inflationary forces into our currencies (particularly the Greenback)

The US and Canada, as well as other advanced economies, have experienced low stable inflation for decades. So I'm not sure what massive inflationary forces you are referring to.

1 hour ago, cannuck said:

You are taking money OUT of productive hands and putting into hands of those who have manipulated the law/system/markets by the privilege of access to do so for their personal benefit.

Wait, are you referring to insider trading? That is illegal.

1 hour ago, cannuck said:

 to manipulate government into bailing out their greed, corruption and excesses.  "too big to fail" just means the fall will be far more damaging when it inevitably comes.

Government's bailing out large companies isn't an inherent property of stock markets, nor of capitalism. So I am confused by its relevance to the conversation.

Edited September 1, 2020 by -1=e^ipi