In Ontario is it deficit or investment?


Liberalman
#1
In Ontario is it deficit or investment?

2016 Ontario Budget

Looks like Ontario is listening to the voters with their latest budget.

What do you think?
 
IdRatherBeSkiing
+1
#2
Its a deficit. And its more of one than they are announcing since a good chunk of their revenue is from the one time sale of crown assets (Ontario Hydro).

They are doing what all Lieberals do. Buying the votes of the stupid (who unfortunately make up a good chunk of the electorate) with their own tax money.
 
Liberalman
#3
Quote: Originally Posted by IdRatherBeSkiing View Post

Its a deficit. And its more of one than they are announcing since a good chunk of their revenue is from the one time sale of crown assets (Ontario Hydro).

They are doing what all Lieberals do. Buying the votes of the stupid (who unfortunately make up a good chunk of the electorate) with their own tax money.

Free post education for the poor which will put the graduates into a higher tax bracket that's when the taxpayer sees a positive return on their investment. If the investment was not made then the tax payer would be paying a lot more for welfare.
 
petros
+2
#4  Top Rated Post
Not free education. Free tuition. You have to come up with money to live and texts. One text can set you back $800.
 
IdRatherBeSkiing
+1
#5
Quote: Originally Posted by Liberalman View Post

Free post education for the poor which will put the graduates into a higher tax bracket that's when the taxpayer sees a positive return on their investment. If the investment was not made then the tax payer would be paying a lot more for welfare.

Free tuition means that they won't appreciate their education and may waste it on some fluffer degree and still wind up on welfare.
 
EagleSmack
+1
#6
Quote: Originally Posted by petros View Post

Not free education. Free tuition. You have to come up with money to live and texts. One text can set you back $800.

Make that free too! Free tuition... free books... free meal plan...free fees... free housing!
 
lone wolf
+1
#7
What it is is Toronto calling the shots for all of Ontario. It's time to rein in the Toronto government
 
Curious Cdn
+2
#8
It's an investment in an endless deficit that will never be paid down. If you or I started a pyramid scheme like this, we'd be in the hoozegow p.d.q..
 
IdRatherBeSkiing
+1
#9
In addition she has raised taxes on cigs, gas (by a lot) and alcohol and still is running a deficit. Talk about financial mismanagement and incompetence.
 
petros
#10
Quote: Originally Posted by EagleSmack View Post

Make that free too! Free tuition... free books... free meal plan...free fees... free housing!

That would require 7 more per litre.
 
Johnnny
#11
They said there is going to be a tax on gas, so does that mean food will rise slightly higher again? Ontario **** Yea!!!!
 
taxslave
#12
Quote: Originally Posted by Liberalman View Post

In Ontario is it deficit or investment?

2016 Ontario Budget

Looks like Ontario is listening to the voters with their latest budget.

What do you think?

If spending your grandchildren's money today is listening to the voters then yes. To anyone that understands economics it is reckless deficit. But hey that's the liberal way.

Quote: Originally Posted by Liberalman View Post

Free post education for the poor which will put the graduates into a higher tax bracket that's when the taxpayer sees a positive return on their investment. If the investment was not made then the tax payer would be paying a lot more for welfare.

All kinds of degrees working in fat food joints and self serve gas bars. Even some strippers. Cause they took cool courses instead of ones leading to a job.
 
Dixie Cup
#13
Wynn isn't stupid and knows exactly what she's doing. The citizens of Ontario are the ones not doing their due diligence in educating themselves about what she's doing and how she's doing it.


For example, Ontario has the biggest debt of any jurisdiction in N. American and yet she's bringing in a carbon tax and an Ontario Pension Plan - neither of which Ontario can afford. But in her eyes, people can't save for their future, thus the ORPP and with the carbon tax money, she's going to lower hydro bills. So, on one hand she's saying that government is better suited to looking after you (i.e. if there's the money to do so and there isn't) and while you pay extra in carbon taxes you get a deduction in your hydro so you're really paying yourself. Would be nice if there wasn't a carbon tax and the hydro rates were lowered - in that way, individuals would actually come out ahead a little bit - sigh its not to be though.


Insofar as the ORPP is concerned, do you really trust the government to hold your funds until you retire when it's already in debt over its head and already has unfunded liabilities that they can't meet? I dunnooooo......


Just askin'
 
damngrumpy
#14
If there ever was a time to invest in business or infrastructure now is the time
interest rates and capital improvements provide jobs and opportunities.
Go for it deficits will come and go opportunity comes in cycles
 
IdRatherBeSkiing
#15
Quote: Originally Posted by damngrumpy View Post

If there ever was a time to invest in business or infrastructure now is the time
interest rates and capital improvements provide jobs and opportunities.
Go for it deficits will come and go opportunity comes in cycles

If only she was doing any of that .....
 
pgs
#16
Quote: Originally Posted by damngrumpy View Post

If there ever was a time to invest in business or infrastructure now is the time
interest rates and capital improvements provide jobs and opportunities.
Go for it deficits will come and go opportunity comes in cycles

Are you expanding ,buying more planting land ? Taking on low interest loans to make capital improvements ?
Or are you sitting on your capital to see which way the wind blows ?
 
lone wolf
#17
Quote: Originally Posted by Dixie Cup View Post

Wynn isn't stupid and knows exactly what she's doing. The citizens of Ontario are the ones not doing their due diligence in educating themselves about what she's doing and how she's doing it.


For example, Ontario has the biggest debt of any jurisdiction in N. American and yet she's bringing in a carbon tax and an Ontario Pension Plan - neither of which Ontario can afford. But in her eyes, people can't save for their future, thus the ORPP and with the carbon tax money, she's going to lower hydro bills. So, on one hand she's saying that government is better suited to looking after you (i.e. if there's the money to do so and there isn't) and while you pay extra in carbon taxes you get a deduction in your hydro so you're really paying yourself. Would be nice if there wasn't a carbon tax and the hydro rates were lowered - in that way, individuals would actually come out ahead a little bit - sigh its not to be though.


Insofar as the ORPP is concerned, do you really trust the government to hold your funds until you retire when it's already in debt over its head and already has unfunded liabilities that they can't meet? I dunnooooo......


Just askin'

Do you know a private eye who can get through her cloak and dagger secrecy to be "diligent" enough to find out what she's up to? She won't answer questions. She's crafty ... like a Teflon bandit. Mayhaps if she'd give the illusion of honesty, she'd get more co-operation
 

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