Steven Hawking's Tutor
Posts: 4,838 
Location: Independent Palestine
Location: Independent Palestine
January 7th, 2006, 04:30 PM
OTTAWA (CP) - A Conservative government would reverse Liberal tax cuts for low-and middle-income earners passed just before the election was called as part of a broad tax plan that would substantially reduce taxes for everyone, leader Stephen Harper said Saturday.
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"We have a tax reduction plan, the Liberals have a tax reduction plan," Harper said during a campaign stop in New Hamburg, Ont. to roll out a tax promise involving charities.
"We'll be doing our plan, not their plan.
The Liberal government's pre-election fiscal update last November increased the basic personal exemption by $500 and trimmed the tax rate at the bottom income bracket to 15 per cent from 16 per cent.
The Conservatives confirmed Friday they would allow Canadians to get their rebate for 2005 before raising the rate on the lowest tax bracket back to 16 per cent in their first budget and reducing the basic personal exemption by $400.
But Harper said the broad Conservative tax plan - a two per cent GST cut, select personal tax and business tax cuts - would result in "substantially lower taxes for Canadians."
"It will mean far less tax than what you're paying under the Liberals," said Harper.
Liberal Leader Paul Martin was quick to accuse Harper of planning to increase the tax burden for middle-and low-income families.
Martin was in Montreal on Saturday to roll out a plan to spend $1 billion over 10 years to help clean up toxic hot spots along the St. Lawrence River and the Great Lakes.
But he took aim at Harper during a news conference, saying Harper is talking about reversing the tax cut "to pay for a whole series of promises that they've not costed."
Harper said his Conservatives would remove the capital gains tax on stock donations to charity to encourage Canadians to open their wallets.
When asked about personal income tax cuts, Harper wouldn't discuss specifics of what a Tory government would favour, or when they would be implemented.
He said any tax relief would be tied to federal budget surpluses and the need to keep paying down the national debt.
He denied his government would not be able to pay for all its promises and instead questioned where the Liberals will find the money to implement their platform.
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Sounds like both the Liberals and the Conservatives are full of hot air. It sounds like taxes will remain the same because both parties have finally calculated their promises and have probably seen that they are leading this country into debt. Both the Cons and the Libs.
(Edit by Admin: Fixed side-scroll)
OTTAWA (CP) - A Conservative government would reverse Liberal tax cuts for low-and middle-income earners passed just before the election was called as part of a broad tax plan that would substantially reduce taxes for everyone, leader Stephen Harper said Saturday.
ADVERTISEMENT
"We have a tax reduction plan, the Liberals have a tax reduction plan," Harper said during a campaign stop in New Hamburg, Ont. to roll out a tax promise involving charities.
"We'll be doing our plan, not their plan.
The Liberal government's pre-election fiscal update last November increased the basic personal exemption by $500 and trimmed the tax rate at the bottom income bracket to 15 per cent from 16 per cent.
The Conservatives confirmed Friday they would allow Canadians to get their rebate for 2005 before raising the rate on the lowest tax bracket back to 16 per cent in their first budget and reducing the basic personal exemption by $400.
But Harper said the broad Conservative tax plan - a two per cent GST cut, select personal tax and business tax cuts - would result in "substantially lower taxes for Canadians."
"It will mean far less tax than what you're paying under the Liberals," said Harper.
Liberal Leader Paul Martin was quick to accuse Harper of planning to increase the tax burden for middle-and low-income families.
Martin was in Montreal on Saturday to roll out a plan to spend $1 billion over 10 years to help clean up toxic hot spots along the St. Lawrence River and the Great Lakes.
But he took aim at Harper during a news conference, saying Harper is talking about reversing the tax cut "to pay for a whole series of promises that they've not costed."
Harper said his Conservatives would remove the capital gains tax on stock donations to charity to encourage Canadians to open their wallets.
When asked about personal income tax cuts, Harper wouldn't discuss specifics of what a Tory government would favour, or when they would be implemented.
He said any tax relief would be tied to federal budget surpluses and the need to keep paying down the national debt.
He denied his government would not be able to pay for all its promises and instead questioned where the Liberals will find the money to implement their platform.
Link
Sounds like both the Liberals and the Conservatives are full of hot air. It sounds like taxes will remain the same because both parties have finally calculated their promises and have probably seen that they are leading this country into debt. Both the Cons and the Libs.
(Edit by Admin: Fixed side-scroll)
Steven Hawking's Tutor
Posts: 4,838
Location: Independent Palestine
Location: Independent Palestine
January 7th, 2006, 06:05 PM
So would this be a mistake by Harper?
It could show to some low-income Canadians that he is only interested in untaxing the rich.
For example,
2% GST tax reduction, therefore whoever spends the most, rich-canadians gets more money back,
and selective tax cuts for middle-class Canadians and businesses.
So would this be a mistake by Harper?
It could show to some low-income Canadians that he is only interested in untaxing the rich.
For example,
2% GST tax reduction, therefore whoever spends the most, rich-canadians gets more money back,
and selective tax cuts for middle-class Canadians and businesses.
Ponderous Intellect
Posts: 4,465
Videos: 1
Location: Surrey, British Columbia
Videos: 1
Location: Surrey, British Columbia
January 7th, 2006, 06:07 PM
I knew that his lavish spending promises would have to come from somewhere.
Whereas the standing Government wishes to further reduce income taxes, the Conservative Opposition would restore the levels so what they were before.
This could be a mistake for the Hon. Stephen Harper.
I knew that his lavish spending promises would have to come from somewhere.
Whereas the standing Government wishes to further reduce income taxes, the Conservative Opposition would restore the levels so what they were before.
This could be a mistake for the Hon. Stephen Harper.
Newbie
Posts: 34
Location: canada
Location: canada
January 7th, 2006, 06:15 PM
All this (Hype) because some didn't know Harper wasn't going to impliment The liberal plan?
Quote:
No offence but did you think Harper was going to use the Martin plan if he won?
I knew that his lavish spending promises would have to come from somewhere.
All this (Hype) because some didn't know Harper wasn't going to impliment The liberal plan?
Ponderous Intellect
Posts: 4,465
Videos: 1
Location: Surrey, British Columbia
Videos: 1
Location: Surrey, British Columbia
January 7th, 2006, 06:17 PM
Implement "the Liberal plan?" The Liberals had planned to further decrease income taxes. Harper wants to increase them. He's not just not implementing their plan, lol, he's going the other direction and undoing their Budget provisions. We're going to end up with deficits.
Implement "the Liberal plan?" The Liberals had planned to further decrease income taxes. Harper wants to increase them. He's not just not implementing their plan, lol, he's going the other direction and undoing their Budget provisions. We're going to end up with deficits.
Member
Posts: 109
January 7th, 2006, 06:51 PM
You guys are absolutly hilarious, you all want your free social programs, and free social assistance, and then you guys have the nerve to talk about taxes. Come on.
If the Liberals had not wasted, stolen, and thown money at useless programs over the 13years in power, everyone in the country would be paying significantly less taxes. How easily people forget why our taxes are as high as they are, and why it is now so much harder to get tax relief.
You guys are absolutly hilarious, you all want your free social programs, and free social assistance, and then you guys have the nerve to talk about taxes. Come on.
If the Liberals had not wasted, stolen, and thown money at useless programs over the 13years in power, everyone in the country would be paying significantly less taxes. How easily people forget why our taxes are as high as they are, and why it is now so much harder to get tax relief.
Member
Posts: 172
January 7th, 2006, 07:30 PM
The CPC will be exchanging the Liberal tax cuts of 29 Billion dollars and implementing the CPC tax cuts of 32 Billion dollars.
Who would have thought that the left would be complaining about lack of tax cuts? Then again flip floping on issues to make the CPC look bad is one of their election planks.
The CPC will be exchanging the Liberal tax cuts of 29 Billion dollars and implementing the CPC tax cuts of 32 Billion dollars.
Who would have thought that the left would be complaining about lack of tax cuts? Then again flip floping on issues to make the CPC look bad is one of their election planks.
Ponderous Intellect
Posts: 4,465
Videos: 1
Location: Surrey, British Columbia
Videos: 1
Location: Surrey, British Columbia
January 7th, 2006, 07:34 PM
In my opinion, both parties should be advocating for an increase in taxes. If the Government is spending nineteen cents out of every tax and revenue dollar on the debt's interest payments, then we need to increase taxes to compensate.
In my opinion, both parties should be advocating for an increase in taxes. If the Government is spending nineteen cents out of every tax and revenue dollar on the debt's interest payments, then we need to increase taxes to compensate.
Newbie
Posts: 34
Location: canada
Location: canada
January 7th, 2006, 07:44 PM
If the money stolen was spent on programs we wouldn't be as bad off as we are now. To think of how many million went to ensure high rollers were kept in clover burns me to no end.
Quote:
Well said!
If the Liberals had not wasted, stolen, and thown money at useless programs over the 13years in power, everyone in the country would be paying significantly less taxes. How easily people forget why our taxes are as high as they are, and why it is now so much harder to get tax relief.
If the money stolen was spent on programs we wouldn't be as bad off as we are now. To think of how many million went to ensure high rollers were kept in clover burns me to no end.
Quote:
The GST will be lowered. Even if taxes stay the same we can pay down the debt and still get a break. It's the best deal on the table NDP included.
Sounds like both the Liberals and the Conservatives are full of hot air. It sounds like taxes will remain the same because both parties have finally calculated their promises and have probably seen that they are leading this country into debt. Both the Cons and the Libs.
Newbie
Posts: 34
Location: canada
Location: canada
January 7th, 2006, 08:16 PM
I also offer this:
FOR IMMEDIATE RELEASE
January 6, 2006
OTTAWA – This evening, CBC’s The National ran a so-called “Reality Check” alleging the Conservatives would raise taxes.
This report is not just misleading; it is false:
* Taxes would be drastically lower under the Conservatives than under the Liberals.
* Our tax plan will include cuts to the GST, and large cuts to personal income taxes and business taxes.
* Under our plan, all Canadians will pay lower taxes.
* Only the Conservative plan will cut taxes for the lowest-income Canadians – the 32% of Canadians whose income is too low to pay any income tax.
Under a Conservative government, taxes will be dramatically lower – billions of dollars lower – than under the Liberals. That’s a fact. Details on our entire fiscal platform will be released along with the entire Conservative platform in the near future.
We have been upfront about replacing the Liberals’ inferior tax plan from the outset of the campaign, beginning on December 1st – Stephen Harper’s first announcement on the Conservative tax cut plan. Any attempt to build an argument to the contrary, based on a particular, selective point, is not only misleading, it is false
I also offer this:
FOR IMMEDIATE RELEASE
January 6, 2006
OTTAWA – This evening, CBC’s The National ran a so-called “Reality Check” alleging the Conservatives would raise taxes.
This report is not just misleading; it is false:
* Taxes would be drastically lower under the Conservatives than under the Liberals.
* Our tax plan will include cuts to the GST, and large cuts to personal income taxes and business taxes.
* Under our plan, all Canadians will pay lower taxes.
* Only the Conservative plan will cut taxes for the lowest-income Canadians – the 32% of Canadians whose income is too low to pay any income tax.
Under a Conservative government, taxes will be dramatically lower – billions of dollars lower – than under the Liberals. That’s a fact. Details on our entire fiscal platform will be released along with the entire Conservative platform in the near future.
We have been upfront about replacing the Liberals’ inferior tax plan from the outset of the campaign, beginning on December 1st – Stephen Harper’s first announcement on the Conservative tax cut plan. Any attempt to build an argument to the contrary, based on a particular, selective point, is not only misleading, it is false
Member
Posts: 172
January 7th, 2006, 09:12 PM
How noble of you to want to spend other peoples money.
BTW, communism already failed world wide. Why would we want to implement it in Canada?
Quote:
In my opinion, it is always those that pay little or no tax to begin with that make comments such as yours.
In my opinion, both parties should be advocating for an increase in taxes. If the Government is spending nineteen cents out of every tax and revenue dollar on the debt's interest payments, then we need to increase taxes to compensate.
How noble of you to want to spend other peoples money.
BTW, communism already failed world wide. Why would we want to implement it in Canada?
Steven Hawking's Tutor
Posts: 4,838
Location: Independent Palestine
Location: Independent Palestine
January 7th, 2006, 09:14 PM
Well if you have no taxes or you have little taxes. You wouldn't have social programs. But you also wouldn't have a military or a civil service or anything at all.
The no tax side is silly. Low taxes are fine, but once you have no taxes or very minimal tax you will have not alot of things going for you.
Well if you have no taxes or you have little taxes. You wouldn't have social programs. But you also wouldn't have a military or a civil service or anything at all.
The no tax side is silly. Low taxes are fine, but once you have no taxes or very minimal tax you will have not alot of things going for you.
Steven Hawking's Tutor
Posts: 4,838
Location: Independent Palestine
Location: Independent Palestine
January 7th, 2006, 09:25 PM
Yes we are overtaxed, and taxes should be lowered and I don't see how a GST tax that is going to benefit a upper-middle class family more than will benefit all of Canada when a full income tax cut would.
Quote:
But I will take you for your word and go with little tax.
In my opinion, it is always those that pay little or no tax to begin with that make comments such as yours.
How noble of you to want to spend other peoples money.
BTW, communism already failed world wide. Why would we want to implement it in Canada?
How noble of you to want to spend other peoples money.
BTW, communism already failed world wide. Why would we want to implement it in Canada?
Yes we are overtaxed, and taxes should be lowered and I don't see how a GST tax that is going to benefit a upper-middle class family more than will benefit all of Canada when a full income tax cut would.
Ponderous Intellect
Posts: 4,465
Videos: 1
Location: Surrey, British Columbia
Videos: 1
Location: Surrey, British Columbia
January 7th, 2006, 09:27 PM
If we decrease taxes, then won't the Government have less tax revenue? Wouldn't this be a bad thing, considering nineteen cents out of every tax dollar now goes to pay the interest on the debt? That's not even paying the principle! We only had enough left over last year to pay the principle down by $9 000 000 000.00! Out of 499 900 000 000.00, that simply isn't enough!
If we decrease taxes, then won't the Government have less tax revenue? Wouldn't this be a bad thing, considering nineteen cents out of every tax dollar now goes to pay the interest on the debt? That's not even paying the principle! We only had enough left over last year to pay the principle down by $9 000 000 000.00! Out of 499 900 000 000.00, that simply isn't enough!
Member
Posts: 172
January 7th, 2006, 09:36 PM
No. It is a proven fact that tax cuts stimulate the economy which creates more jobs and thus creates more taxes for the government.
If you continue to tax the people to no end, they will have no money to buy anything and thus companies would go out of business and jobs would be lost.
No. It is a proven fact that tax cuts stimulate the economy which creates more jobs and thus creates more taxes for the government.
If you continue to tax the people to no end, they will have no money to buy anything and thus companies would go out of business and jobs would be lost.
Super Genius
Posts: 1,458
Location: Toronto
Location: Toronto
January 7th, 2006, 09:37 PM
I'd argue that GST relief would benefit lower income people more than upper income earners.. but whatever. Anyway, it's a false dichotomy. If the ruling parties weren't so interested in greasing their own pockets and those of their supporters... If the ruling parties didn't spread themselves out so thin so as to lose all effective oversight (leading to massive overspending and waste), there would be plenty of $$ to help out the poor.
I'd argue that GST relief would benefit lower income people more than upper income earners.. but whatever. Anyway, it's a false dichotomy. If the ruling parties weren't so interested in greasing their own pockets and those of their supporters... If the ruling parties didn't spread themselves out so thin so as to lose all effective oversight (leading to massive overspending and waste), there would be plenty of $$ to help out the poor.
