Liberals would cut Income & Business Taxes

[gc1765]

The transit pass tax cut is worth roughly $180 a year. That's a big tax cut, consider it alone outdoes the Liberal tax 16-15% cut for someone that rides transit.

This is probably the best policy that the CPC has come up with. I fully support this policy.

[Moonlight Graham]

OTTAWA — A Liberal government would cut income and business taxes, not the GST, Stéphane Dion said Thursday in a speech to the Canadian Club of Ottawa.

This is much better than cutting the GST, IMO.

This is assuming the Liberals will actually keep this promise.

First they said they'd get rid of the GST, now they want to cut other taxes. Liberals aren't usually in the business of cutting taxes, so i'll believe when i see it. Talk is cheap, especially in politics.

[gc1765]

This is assuming the Liberals will actually keep this promise.

First they said they'd get rid of the GST, now they want to cut other taxes. Liberals aren't usually in the business of cutting taxes, so i'll believe when i see it. Talk is cheap, especially in politics.

Sure...and it's also assuming that the Conservatives will actually keep their promise to cut the GST to 5%, so I'll believe it when I see it.

[geoffrey]

Think about how easy it would be calculate GST on purchases at 5%. We should do it just for that reason alone.

[Michael Bluth]

Think about how easy it would be calculate GST on purchases at 5%. We should do it just for that reason alone.

That's awesome!

But people would have to know how to divide by two ...

[Saturn]

Think about how easy it would be calculate GST on purchases at 5%. We should do it just for that reason alone.

That's awesome!

But people would have to know how to divide by two ...

Then increase it to 10%. You don't need to know how to divide by 2.

[gc1765]

Think about how easy it would be calculate GST on purchases at 5%. We should do it just for that reason alone.

naaaah, most people are bad enough at math to begin with...let's not take away the one opportunity where people actually calculate something without a calculator. If the GST is cut to 5%, IQs will fall proportionately

[geoffrey]

Then increase it to 10%. You don't need to know how to divide by 2.

Could do that.... but then calculating tips is harder.

[Saturn]

Then increase it to 10%. You don't need to know how to divide by 2.

Could do that.... but then calculating tips is harder.

There you go! So we get rid of the GST and raise income taxes.

[geoffrey]

There you go! So we get rid of the GST and raise income taxes.

Or get rid of the GST and cut transfer spending?

[madmax]

Think about how easy it would be calculate GST on purchases at 5%. We should do it just for that reason alone.

Are we to move to Alberta to do this? That might be a bit expensive. So I will keep the penny. This 1 cent cut to the GST is a penny ante crap to begin with.

[geoffrey]

Think about how easy it would be calculate GST on purchases at 5%. We should do it just for that reason alone.

Are we to move to Alberta to do this? That might be a bit expensive. So I will keep the penny. This 1 cent cut to the GST is a penny ante crap to begin with.

I forgot that the rest of you pay an extra 6-8% on things. My bad.

[hiti]

In 2000, Paul Martin cut taxes by $100 billion.

http://www.fin.gc.ca/news00/00-015e.html#Budget

http://www.fin.gc.ca/news00/00-094e.html

In 2005, Ralph Goodale cut taxes and spending by $39-billion.

http://www.cbc.ca/canada/story/2005/11/14/...-eco051114.html

Highlights

* Rate for lowest income tax bracket to be reduced one percentage point to 15 per cent, retroactive to last Jan. 1.

* One percentage point reduction to each of the middle tax rates by 2010.

* Increase in the income level at which the top tax rate applies, starting in 2010.

* Immediate $500 increase to the basic personal amount of income all Canadians can earn without paying federal tax.

* A Working Income Tax Benefit for low-income earners starting in 2008.

* Elimination of the federal capital tax for business next year — two years ahead of schedule.

http://tinyurl.com/2y7bcn

So what will Steve and Jimmie "borrow" from the Liberal budgets? I know that I saved close to $400 in my tax bill for 2005 but in 2006 my taxes on my pay stub increased.

[Saturn]

There you go! So we get rid of the GST and raise income taxes.

Or get rid of the GST and cut transfer spending?

What transfer? To provinces? Fine by me. Pay off the debt.

Cut transfers to persons - OAS and UCCB. Get rid of GST.

[Michael Bluth]

So what will Steve and Jimmie "borrow" from the Liberal budgets? I know that I saved close to $400 in my tax bill for 2005 but in 2006 my taxes on my pay stub increased.

Ahhh, so now Conservatives are "borrowing" sound fical policies and tax cuts from the Liberals.

I do believe that Minister Flaherty would consider Jimmie and insulting and condescending term.

[Saturn]

In 2000, Paul Martin cut taxes by $100 billion.

http://www.fin.gc.ca/news00/00-015e.html#Budget

http://www.fin.gc.ca/news00/00-094e.html

We know that the Liberals provided massive tax cuts throughout their term in office. But the Conservatives on this forum either refuse to acknowledge it or their memories are too short.

[Michael Bluth]

We know that the Liberals provided massive tax cuts throughout their term in office. But the Conservatives on this forum either refuse to acknowledge it or their memories are too short.

It's not a matter of ignoring it. Just recognizing the fact that it was a blatant theft of right wing policies at the time.

No need for blanket insults...