The Budget Bombs: Trudeau government gets an angry reception as it promotes federal budget

[ironstone]

11 hours ago, eyeball said:

Agreeing to not compete against one another like that would be against the law.  You'd be okay with that for the sake of the 1%?

Hmmm...colour me surprised.

My point is, it is naive to believe that corporations are not going to simply pass on tax increases down the line to consumers if they can.

 

[eyeball]

1 hour ago, ironstone said:

...if they can.

There's the rub, they can because the defence of ridiculous wealth is strong and the protection of ordinary consumers and taxpayers is weak. Things will always remain unbalanced in favour of wealth so long as national governments can be influenced and played off against one another and where ordinary taxpayers pick up as much slack as can be pushed on them.

Apparently the only way to alter this are some occasional X's on ballots in a shrinking pool of democracies scattered around the planet.  Conventional wisdom seems to believe if not celebrate these are and should be trying to stab one another in the back at every opportunity. For our benefit or so we're led to believe.

I'd say we're fu cked myself.

[ironstone]

19 minutes ago, eyeball said:

There's the rub, they can because the defence of ridiculous wealth is strong and the protection of ordinary consumers and taxpayers is weak. Things will always remain unbalanced in favour of wealth so long as national governments can be influenced and played off against one another and where ordinary taxpayers pick up as much slack as can be pushed on them.

Speaking of ridiculous wealth...

https://scoopcanada.com/justin-trudeaus-net-worth-salary-residence-assets/

And this is the guy progressives put their faith in.

[eyeball]

11 minutes ago, ironstone said:

And this is the guy progressives put their faith in.

So did a lot of others given the way the wealth gap increased under his regime.  But not me. I haven't voted for a Liberal in over 45 years now.  Not after seeing how DFO catered to the Weston's fishing fleets back in the day. Conservatives also excelled at concentrating wealth into as few hand as possible...they made us smaller owner operators buy each other out in a process known as fleet cannibalization...Weston was in his glory.

Small fishing communities up and down the coast dropped like canaries in a coal mine and Canadians put on gas masks.

[CdnFox]

5 hours ago, eyeball said:

There's the rub, they can because the defence of ridiculous wealth is strong and the protection of ordinary consumers and taxpayers is weak.

No, eyeball.  They can because that's how business works.  Acquire goods or services, figure how much it cost you, mark it up and pass it on.

Consumers have a choice of buying the goods or services or not.

And if you raise costs for ALL businesses in that sector then they all raise their prices.

It's just that simple. There is no way for the gov't to 'force' businesses to take less profit in the end without driving business away from the country.

[eyeball]

1 hour ago, CdnFox said:

There is no way for the gov't to 'force' businesses to take less profit in the end without driving business away from the country.

No, not until all the other countries they could possibly flee to do so as well. It's like you haven't you been paying any attention to that aspect of the discussion.

Nowadays we have to attract business with $5 million bucks for each job they create.

It's hilarious how Poilievre is ignoring that in lieu of embarrassing Ford who's gushing over what a great deal this is for Canada.

[CdnFox]

2 hours ago, eyeball said:

No, not until all the other countries they could possibly flee to do so as well.

Even then - sorry kiddo. That's just the way it works. That has failed in every country and society it's been tried in. They will ALWAYS have somewhere sympathetic, and unless you also coordinate what  allowable deductions are the tax rate is meaningless.

What you're talking about is one global economy and it's not going to happen

You might as well say "going to the sun would be possible if it wasn't so hot".  The statement is true  but the reality isn't.

[eyeball]

1 hour ago, CdnFox said:

What you're talking about is one global economy and it's not going to happen

I'm reminded of all the times some wag has told me sorry kiddo but it's a global economy now.

Like one excuse after another.

[CdnFox]

8 hours ago, eyeball said:

I'm reminded of all the times some wag has told me sorry kiddo but it's a global economy now.

 

That was you. In your mirror.

But hey - this is my fault. I forgot how uneducated you are.  I'll go slower....

What you would be talking about is not just the global nature of economics today - but one single unified economy.  Like the european union on steroids. One currency, one body responsible for setting tax rates, one body in charge of the economy of the world.

And that is just not going to happen.

There will ALWAYS be ways for the rich to shelter their money.  They will see to it. Guaranteed.

The solution is to make it not worth the effort. They will pay reasonable and fair tax rates, it's easier than going through huge efforts to shelter money. 

If lefties spent less time daydreaming about impossible ways to steal OTHER people's money and focused on how to make more themselves, we'd all be richer for it.

[eyeball]

49 minutes ago, CdnFox said:

There will ALWAYS be ways for the rich to shelter their money.  They will see to it. Guaranteed.

Nope, politicians will see to it.

Guaranteed, because its what we want. 🙃

[CdnFox]

3 hours ago, eyeball said:

Nope, politicians will see to it.

Guaranteed, because its what we want. 🙃

Sure, if common sense and reason isn't working for you then just blathering like an !diot will probably solve the problem