Partisanship

[Ricki Bobbi]

It's not the person you should care about...

It's their status.

Sheesh.

Remind me not to go to the bar with you to pick up chicks.

"Honey you are cute and all, but you don't make the status cutoff."

[Who's Doing What?]

No seriously, Streisand is really nothing impressive.

It's not the person you should care about...

It's their status.

Sheesh.

That explains Paris Hilton.

As for Streisand I guess "Spooky Vision" is quite the status symbol. But up until South Park I dunno....

[Who's Doing What?]

It's not the person you should care about...

It's their status.

Sheesh.

Remind me not to go to the bar with you to pick up chicks.

LMFAO

[geoffrey]

Remind me not to go to the bar with you to pick up chicks.

"Honey you are cute and all, but you don't make the status cutoff."

It can be either. Status can make up for an slight degree of not good-looking-ness.

That explains Paris Hilton.

I've honestly got to say, who wouldn't?

[BubberMiley]

The 1% GST cut was a good thing. Everyone agrees.

I don't. They had to boost the middle income tax rate by (if I remember correctly) .5% to do it. And the GST is a good tax because it, for the most part, taxes luxuries. People with little money pay little GST because it doesn't apply to their mortgage, their groceries, or their insurance. Once those things are paid, there isn't much left. Besides, changing sales taxes willy-nilly plays havoc with cash register systems and throws a wrench in retail efficiency. Better to leave it alone and lower the income tax rate. That way everybody is sure to benefit.

And Streisand was very hot back in her Funny Girl days. And Evergreen is a very underrated song.

[Who's Doing What?]

I've honestly got to say, who wouldn't?

Who wouldn't what?

Leave her nasty butt on the sidewalk, and get something with atleast a shotglass full of class.

Man, she is nastier than the dirty diaper bin at the old folks home.

[geoffrey]

GST does apply to a house's price BM.

[Melanie_]

The 1% GST cut was a good thing. Everyone agrees.

I don't. They had to boost the middle income tax rate by (if I remember correctly) .5% to do it. And the GST is a good tax because it, for the most part, taxes luxuries. People with little money pay little GST because it doesn't apply to their mortgage, their groceries, or their insurance. Once those things are paid, there isn't much left. Besides, changing sales taxes willy-nilly plays havoc with cash register systems and throws a wrench in retail efficiency. Better to leave it alone and lower the income tax rate. That way everybody is sure to benefit.

And Streisand was very hot back in her Funny Girl days. And Evergreen is a very underrated song.

It was the lowest income tax rate that they increased, making the poorest people pay more in their income tax; these are also the people who benefit the least from a cut to the GST because they spend the bulk of their money on necessities not taxed by the GST. Harper's policies tend to favour the rich rather than the poor, as we discussed back in the Klein thread way back in November.

[BubberMiley]

GST does apply to a house's price BM.

You must come from Calgary where all the houses are new. It doesn't apply to most houses, which are ones people have already lived in. Once again, it's a more progressive tax because only relatively wealthy people can afford a brand-new house.

[Figleaf]

What if someone's analysis indicates to the them that the Conservatives haven't done anything to merit saying anything positive about them.

That's impossible.

Every gov't has done something good. The CPC more than any other new gov't in 11 months.

If you can't admit to the good things they have done, you're just being biased and partisan. The 1% GST cut was a good thing. Everyone agrees.

No that I've heard.

Why don't you just admit it?

We're not talking about me. It's a hypothetical voter.

... I hate all 50,000 of the Canadian document holding people in Lebannon.

You're really something.

[Remiel]

Is there a list of everything that GST applies to? There are a few things that GST applies to, but our PST does not. So, which is the better tax? Obviously there is some disagreement as to what is a luxury item.

GST applies to books, yet are books really a luxury item? Or, to break the question down a little, is information a luxury item?

[Canuck E Stan]

Is there a list of everything that GST applies to? There are a few things that GST applies to, but our PST does not. So, which is the better tax? Obviously there is some disagreement as to what is a luxury item.

GST applies to books, yet are books really a luxury item? Or, to break the question down a little, is information a luxury item?

Google is a wonderful thing, you should try it.

[Ricki Bobbi]

It was the lowest income tax rate that they increased, making the poorest people pay more in their income tax; these are also the people who benefit the least from a cut to the GST because they spend the bulk of their money on necessities not taxed by the GST. Harper's policies tend to favour the rich rather than the poor, as we discussed back in the Klein thread way back in November.

Uhhh, to clarify the tax system.

by increasing the rate on the lowest bracket they increased taxes for *all* taxpayers.

The working credit, transit credit, textbook credit, and worker's tool credit will all add to make people at the lowest tax bracket better off than they were under the Lbierals.

I do agree that the 1/2 point raise in the lowest tax bracket was a mistake. Look for the Government to correct that mistake in the next budget.

[Remiel]

So, eventually coming up with the best information at, of all places, mapleleafweb.com, the short list of non-taxed items is:

Tax-exempt: There are certain essential goods and services that are exempt from the GST. These essentials include residential rents, daycare services, public transit, health and dental services, educational, legal, and financial services. In these cases, vendors do not charge GST on their sales and are not entitled to receive credits for the GST paid on inputs bought for the purpose of making the exempt good or service.

Tax-free: Vendors do not charge GST on zero-rated goods and services (goods and services taxed at a nil rate or zero percent, such as exports, basic food products and medical equipment). These items include basic groceries, prescription drugs, medical devices, and foreign exports. Vendors, however, are still eligible for input credits on these items and can recover GST paid on purchases used in making the tax-free good or service.

Not so much as a luxury tax as an everything but tax.

[gc1765]

Anyone else sick of partisanship? I am.

I agree. I think the Liberals are the lesser of the evils, but I am still critical of them. While I don't like the CPC very much, I do give them credit for some of their policies which I agree with.

[geoffrey]

Is there a list of everything that GST applies to? There are a few things that GST applies to, but our PST does not. So, which is the better tax? Obviously there is some disagreement as to what is a luxury item.

http://www.cra-arc.gc.ca/tax/business/topi...erorated-e.html

Also remember that with the advent of payroll deductions, consumption taxes have easily become the most evaded taxes. It distorts the market and hurts people that play by the rules. That cash discount you got... ya... think about it.

[BubberMiley]

Also remember that with the advent of payroll deductions, consumption taxes have easily become the most evaded taxes. It distorts the market and hurts people that play by the rules. That cash discount you got... ya... think about it.

It's the cash element that distorts the market, not the consumption tax. In fact, income taxes are likely more commonly evaded by cash payments than GST, which still shows up on the register whether you're paying cash or not.

[Figleaf]

...by increasing the rate on the lowest bracket they increased taxes for *all* taxpayers.

Oh yeah. How so?

The working credit, transit credit, textbook credit, and worker's tool credit will all add to make people at the lowest tax bracket better off than they were under the Lbierals.

Easy to say, harder to demonstrate.

Look for the Government to correct that mistake in the next budget.

"Mistake"??? The Minister made a typo, I suppose?

[Ricki Bobbi]

...by increasing the rate on the lowest bracket they increased taxes for *all* taxpayers.

Oh yeah. How so?

You don't understand how income tax works? wtf?

Introduction to taxes 101.

Here are how Federal tax brackets work.

Everybody who pays taxes pays the rate on the first certain amount of their taxable income. (That is the lowest tax bracket.)

For those who make above the bracket maximum they pay a higher percentage on their taxable income above the taxable income. Until they reach the bracket maximum for the second bracket. Then they pay an even higher perecentage of their taxable income above the second bracket maximum.

For 2006 the basic personal exemption is $8,468, so if you make less than that amount you pay zero taxes, then;

you pay 15.25% on taxable income between $8,468 and $36,378 (which was *raised* from 15%);

then you pay 22% on taxable income between $36,378 and $72,756;

then you pay 26% on taxable income between $72, 756 and $118,285 ; and

you pay 29% on taxable income over $118,285.

The working credit, transit credit, textbook credit, and worker's tool credit will all add to make people at the lowest tax bracket better off than they were under the Liberals.

Easy to say, harder to demonstrate.

I'll keep it simple. The working tax credit (i.e. the Canada Employment Credit is worth $1,000). That means it reduces your taxable income by $1,000. Which means it reduces taxes payable by $152.50 for people in the lowest tax bracket.

For somebody who makes the full amount of the lowest bracket they pay an extra $27,910 * .0025 = $69.78, so after the employment credit they are (152.50 - 69.78) = $82.72 better off.

That wasn't very hard to demonstrate at all...

Look for the Government to correct that mistake in the next budget.

"Mistake"??? The Minister made a typo, I suppose?

No. A political miscalculation. This would be termed a *criticism* of the Conservatives. The 1/4 point change brings in f**k all for extra revenue and all the lefties out there don't really understand they are better off. So it just allows the Libs and NDPers to get mileage out of the Conservatives *raising* taxes when they really haven't done so. As long as a taxpayer works and/or buys a transit pass and/or goes to school. They are better off under the Conservatives than they would have been under the Liberals.

[mikedavid00]

GST does apply to a house's price BM.

If i'm buying a used car or home from someone wich that person already paid GST when they bought it, I don't see why I have to re-pay the GST again for that item.

This is theft on the gov't part and should be illegal.

[mikedavid00]

because only relatively wealthy people can afford a brand-new house.

That is not true. Plenty of working poor live in new houses here in Mississauga.

[mikedavid00]

Is there a list of everything that GST applies to? There are a few things that GST applies to, but our PST does not. So, which is the better tax? Obviously there is some disagreement as to what is a luxury item.

http://www.cra-arc.gc.ca/tax/business/topi...erorated-e.html

Also remember that with the advent of payroll deductions, consumption taxes have easily become the most evaded taxes. It distorts the market and hurts people that play by the rules. That cash discount you got... ya... think about it.

I swear coming to the GTA, EVERYONE evades taxes. You go to chinese resturaunts and they take cash only. No interact, no credit card. Just cash. Many resturaunts are like this. Go to any store, hotel, etc. Any immigrant owned place pretty much and they love cash only. All the contractors. everyone.

Growing up in Ottawa you didn't even ask because they would think you're crazy and it would offend them if you dare ask to evade taxes.

[gc1765]

you pay 15.25% on taxable income between $8,468 and $36,378 (which was *raised* from 15%);

I hate to be a stickler...but I believe it was raised half a percent to 15.5%, not 15.25%. They also lowered the basic personal exemption (after adjusting for inflation).

Does everyone qualify for the Employment Credit? Or is it only for work-related expenses?

[Ricki Bobbi]

I hate to be a stickler...but I believe it was raised half a percent to 15.5%, not 15.25%. They also lowered the basic personal exemption (after adjusting for inflation).

Does everyone qualify for the Employment Credit? Or is it only for work-related expenses?

You are wrong sir.

Here is a link from the Canada Revenue Agency Web site.

2006 tax brackets

[Figleaf]

...

Everybody who pays taxes pays the rate on the first certain amount of their taxable income. ...

Ah, yes. I see.

It's still regressive though, in that the increase applies to a higher % of a lower income.

I'll keep it simple. The working tax credit (i.e. the Canada Employment Credit is worth $1,000). That means it reduces your taxable income by $1,000. Which means it reduces taxes payable by $152.50 for people in the lowest tax bracket.

Wait, don't tax 'credits' generally reduce taxes payable, rather than taxable income?

For somebody who makes the full amount of the lowest bracket they pay an extra $27,910 * .0025 = $69.78, so after the employment credit they are (152.50 - 69.78) = $82.72 better off.

I don't understand this step. Where is the -69.78 coming from?

That wasn't very hard to demonstrate at all...

This material would'nt fully prove your claim even if it proves correct.