That's because the taxes are still too high.Corporate tax cuts are what we were told will have a constantly beneficial impact on the economy.
This is not happening.
That's because the taxes are still too high.Corporate tax cuts are what we were told will have a constantly beneficial impact on the economy.
This is not happening.
That's because the taxes are still too high.
Ahhh, I see.
By raising the corporate tax rate, the energy sector will respond by increasing it's drilling and exploration, thereby paying more for the services and earning more revenues from production that it can pay a higher tax rate on.
It's all so clear now.
No, it can be used to help pay off the deficit and debt considering are sliding economy won't.
And when business responds by decreasing their operations?
This removes a barrier to entry and a competitor which manages resources more wisely can enter the market.
Competition.. in private industry.. creating more jobs.. who woulda thunk it?
Economy shrinks unexpectedly in November
Canada’s economy contracted in November for the first time since May as oil and gas extraction declined sharply, setting the stage for a sluggish performance in the fourth quarter.
Real gross domestic product fell 0.1 per cent in the month, Statistics Canada said on Tuesday, contrasting with market expectations of 0.2-per-cent growth.
GDP had stalled in October following four straight months of expansion.
Oil and gas production fell 2.5 per cent in November, partly due to maintenance shutdowns, and exports of both commodities slid.
The weakness in the energy sector as well as in wholesale trade, finance and construction overshadowed growth in manufacturing, up 0.6 per cent, and in other industries such as food and accommodation, real estate and professional services.
Service-producing industries expanded by 0.1 per cent for the fourth straight month while goods-producing industries shrank by 0.6 per cent, Statscan said.
Economy shrinks unexpectedly in November - The Globe and Mail
The east has to start carrying its share of weight in contributing to Canada's GDP.
Just how long is the west expected to keep carrying all of Canada?
We carried it for the first hundred years. You folks still have another 50 years to go before we become even.
You must be pretty old.. A centurion by chance?
Mine were within ten.Really? My table and chairs were made about 100 km from where I live.
How does tax revenue translate to Joe Lunchbucket's job and pocketbook?Wrong!!
How do you explain that since corporate tax has gone down, tax revenue from corps have gone up ??
Why don't you tell this to the government ? Better yet, why don't you run for office, and then you could make everything correct!!IMO, the stunned gov't should leave taxes alone and provide REAL incentives for small and medium sized businesses, which, BTW are the backbone of the economy.
hmm ad hominem. I should have expected that. http://www.nizkor.org/features/fallacies/ad-hominem.htmlWhy don't you tell this to the government ? Better yet, why don't you run for office, and then you could make everything correct!!
All you really have to do is to tell the public how smart you are and tell them how much you know about economics and how your going to help mr lunchbucket and you'd be a shoe in!!!
Go for it !!
hmm ad hominem. I should have expected that. Fallacy: Ad Hominem
Do you have anything on topic? Do you have a rebuttal about anything I said? Or do you just want to continue your childish rant?
Yeah, but are they still standing???? :lol:
We carried it for the first hundred years. You folks still have another 50 years to go before we become even.
Actually the relationship between taxes and GDP is generally that GDP dips as taxes increase.Can someone explain how a slight dip in GDP is in any way related to taxes?
They won't.Or how raising corporate taxes will improve the economy and convince investors to create new jobs?