Tax Cuts Not In Canada's Best Interests

In fact, i believe that taxing the rich and the corporations more is in Canada`s best interest if we`re to fund health care, education, and a national day care program.

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Dave Ruston

Yes Dave, how much could we have paid for healthcare and other social programs with the tax cuts martin gave the corporations ?

About $20 billion a year. Not bad, huh ?

Wait until the Libs lose the next election, you ain't seen real tax cuts yet, folks !! Harper will show the way.


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"Arrogance in Politics is unacceptable"
Jim Callaghan
Minden, Ontario
705-286-1860
www.misterc.ca

You all know by now where I stand on all of our Canadian issues. But there is one thing that I still ain't too sure about, and that's whether giving 'some' tax brakes to corporations is actually inevitable.

Is there any way in this new world of markets, free trade, globalization that a country can grow economically without some sort of tax brake for the corporations that create the jobs. Help me understand how Canada can grow economically without working with corporations?

Someone I know here who ran for the candidacy for the NDP in this riding is supposed to have some economist come here and do a speech. I'm looking forward to see what sort of things will come from a left/centre leaning economist.

Kevin

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"Love actually, is all around us" --From the movie Love Actually.

Seeing as Canada has the lowest corporate tax rates in the G7, how much more of a break do they want?

They keep getting it because in our inferiority mindset we think they'll run off somewhere else with a more favourable tax scheme. Sierra Leone must be thrilled with the large influx of corporations coming in to set up shop.

Hi Kevin. I think there definitely are ways.

The most extreme way is a government controlled economy, like the former USSR. This hard-line approach penalizes small business and medium-size business unfairly, in many's opinion, but there are other ways. For example, I believe that Norway and Italy lead the world in the production of cruise-ships, not some third world country. They do it by protecting their industry, not out-sourcing, offering tax incentives to business that keep jobs in their coutries, (or penalties to those that don't) and huge subsidies. They also probably consider taxing capital leaving the country, to discourage that.

For Canada, I do believe that protectionism and government intervention would help, as well as some crown corporations is essential service industries, and other big sources of wealth. Why didn't the government just buy Saint John Shipbuilding in New Brunswick from the Irvings for nothing? They could've then had a naionalized, crown corporation that produced ships for merchant use, and our navy, and could've done so while bringing the profits to all Canadians.....the least they could've done is preserve the 4000 jobs that were left before the place closed. Building a measely 2 frigates per year at 500-million each would've guranteed jobs for the people of N.B. indefinitely, but they purposely let it die, the bastards. Putting thousands out of work. It also would've replenished our navy with new ships on schedule. That dildo Brian Tobin had the nerve to say we "Couldn't be competitive, we had to find a niche market...." B.S. Never mind the also very capable shipbuilders in Newfoundland, Quebec City, and possible return of shipbuilding to Collingwood, Onatario, B.C. ..........

Perturbed, if you could can you re-post but click the reply option from the bottom of the article instead of the reply option below the personal message?

For some reason the post are getting clipped and I can't read your message. Try re-posting it please the way I mentioned above. I would like to read it in full. Thanks!

Kevin

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"Love actually, is all around us" --From the movie Love Actually.

First of all Jim, I'm not sure what you meant by your comment at the end above about the deliberate attempt to prove healthcare is unsustainable, as the article you've referenced points to exactly the opposite, ie. government leaders using tax cuts to starve the system and misusing statistics to say it is taking up a greater percentage of GDP and budgets.

Second, KevinGagnon, if it were true that corporations use tax rates or incentives as the chief means of deciding where they are going to locate, why aren't they all in Mexico or the southern US states who have notoriously low state taxes and many tax incentives (usually meaning no taxes for so many years)? The reality is that there are many factors that companies use in determining where they will locate operations, such as access to educated workforce; security of their equipment, buildings, land, etc.; a liveable environment; employee motivation (what corporation doesn't understand that paying Mexicans $2US per day doesn't get as much productivity); etc.

Also, according to many articles I have read over the years, it is said that big corporations simply don't create the jobs in this country, but that small to medium size businesses do. Why is this? Simply put, most big corporations in this country are involved in exporting their goods out of the country while the small to medium size businesses are mostly participating in the domestic economy and contrary to what is put out in the media the domestic economy accounts for roughly 80% of all economic activity in this country. I suspect that over the past 20 years big corporations have had net job losses (if anyone has statistics on this please share them) and are certainly not the ones responsible for creating hundreds of thousands of jobs.

Hoopoe, my comment about underfunding healthcare is the same as what is going on right now.

By claiming that it is unsustainable, this is how they are convincing people that private-for-profit is the best way to rescue the system.

Martin, at present is saying he will increase funding and reduce wait lists. but I'm not holding my breath. If he does not do this, it will be political suicide.

Then harper will come along, cut taxes to the bone, and then you watch private corps move right in and take over.

It's all in how things are worded, and the corps would dearly love to get their hands on our healthcare system, look at another 30 million souls to bleed dry.

Profit should not drive essential services, and listen to Randyvo when he says healthcare in the US is a scam. He speaks the truth. He should know, he lives there and pays some $700 + per month for health insurance.

Do we want that in Canada ??


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"Arrogance in Politics is unacceptable"
Jim Callaghan
Minden, Ontario
705-286-1860
www.misterc.ca

Consider the facts: Taxes are illegal for those who do not wish to be part of this Governments agenda which is most of us. I keep hearing ,then who would pay for these services? Well under a properly Constituted Government its the job of the same to print currency, not private for profit banks. Done correctly and controlled correctly there would be no need for taxes. The difference in Government is the one which serves and does not usurp power from the people. Sirgalahad.