Nationalize oil firms, almost half of Canadians say

[White_Unifier]

Royalties are a one shot deal. GST is collected on the producer, wholesaler, retailer and then consumer.

So royalties reduce bureaucracy greatly. Think about it. One government bureaucrat telling a business exec to pay X millions of follars to Y millions of barrels in one big check upfrunt and then he can get to work.

compare that to the GST where a lowly-paid worker at the dollar store must add the GST to each little translation with the GST soemtimes adding up to 0.07/per transaction. Imagine a small start-up business that must calculate the GST to the penny for little transactions all day long. That's a lot of man hours across the country to collect pennies here and pennies there. It would make far more sense to focus on big sources of revenue. That reduces the number of total checks while increasing the value of each. Far more efficient that way.

 

[JamesBondo]

Just try nationalizing the oil companies and the CIA will be actively trying to change the Canadian government, the next day. Watch them support an Alberta-based armed insurgency ... death squads and all ... as per their time-proven model ... The "Lacombedanistas"

Ralph Klein VIVA!

And with that I am out of here.

 

[petros]

So royalties reduce bureaucracy greatly. Think about it. One government bureaucrat telling a business exec to pay X millions of follars to Y millions of barrels in one big check upfrunt and then he can get to work.

compare that to the GST where a lowly-paid worker at the dollar store must add the GST to each little translation with the GST soemtimes adding up to 0.07/per transaction. Imagine a small start-up business that must calculate the GST to the penny for little transactions all day long. That's a lot of man hours across the country to collect pennies here and pennies there. It would make far more sense to focus on big sources of revenue. That reduces the number of total checks while increasing the value of each. Far more efficient that way.

What's so hard about calculating GST?

 

[White_Unifier]

What's so hard about calculating GST?

Calculating the GST per se is simple: 5% of the cost of the product. But sometimes it can get really complicated. A friend's daughter is in the travel business and she said it can get ugly when she has to change an interprovincial booking. The tax on the ticket is calculated from the point of departure (GST, HST, QST, etc.). The tax on the airport fee is based on the location of each airport. This means that the tax on taht might be that of a different province than the one that applies to the ticket.

If it's an international booking, then she has to account for different currencies, foreign taxes, etc. She described how sometimes it could take a few minutes to do all of the calculations with some of the taxes amounting to literally pennies, but just so many little taxes from different jurisdictions between provinces and even between states. She explained that for international provincial taxes generally don't apply and GST neither, but it can on some charges nonetheless.

I imagine many international businesses face a similar problem. To reduce overhead, it would make sense to eliminiate the little penny-collection taxes and focus instead on just raising taxes on the larger sources. It will all trickle down in the end anyway but it would reduce that kind of busy-work. Ask: is the point of a tax to collect revenue for the government or just to create busy work for its own sake?

And even when no other tax applies but GST, it's not difficult but can still consume time for a worker in a startup if that person must calculate each transaction manually.

 

[captain morgan]

Mexico, Venezuela, Saudi Arabian, Iran, Iraq, Russia.. and on. All tired of having their status limited to colonial provider of unprocessed raw materials under the ownership of foreign corporations. It's time Canada grew up and did the same and cast off its subservience to the American dominated oil giants.

Ummmm, I guess that reading isn't your strong suit

Mexico: Pemex almost went tits-up and have since invited in the private sector in the last few years
Venezuela: Hugo Chavez ring a bell?.. He ran-off many private producers in the name of The Peoples Oil.... Today, they remain struggling in that sector
Saudi : Kingdom
Iran: Theocracy
Iraq: Extension of the US?
Russia: The Putin Oil Co.

You really need to stop living in your socialist fantasy land, but in case you are still thinking differently, would you prefer to live in one of the above mentioned Utopias?

 

[petros]

Calculating the GST per se is simple: 5% of the cost of the product. But sometimes it can get really complicated. A friend's daughter is in the travel business and she said it can get ugly when she has to change an interprovincial booking. The tax on the ticket is calculated from the point of departure (GST, HST, QST, etc.). The tax on the airport fee is based on the location of each airport. This means that the tax on taht might be that of a different province than the one that applies to the ticket.

If it's an international booking, then she has to account for different currencies, foreign taxes, etc. She described how sometimes it could take a few minutes to do all of the calculations with some of the taxes amounting to literally pennies, but just so many little taxes from different jurisdictions between provinces and even between states. She explained that for international provincial taxes generally don't apply and GST neither, but it can on some charges nonetheless.

I imagine many international businesses face a similar problem. To reduce overhead, it would make sense to eliminiate the little penny-collection taxes and focus instead on just raising taxes on the larger sources. It will all trickle down in the end anyway but it would reduce that kind of busy-work. Ask: is the point of a tax to collect revenue for the government or just to create busy work for its own sake?

And even when no other tax applies but GST, it's not difficult but can still consume time for a worker in a startup if that person must calculate each transaction manually.

She needs a better booking suite.

 

[White_Unifier]

She needs a better booking suite.

So are you saying that taxes are too complicated without a booking suite?

 

[petros]

Maybe they are too complicated for her?

 

[White_Unifier]

Maybe they are too complicated for her?

In practical terms though, is it more efficient for the government to collect a few cents here and a few cents there on the GST or to just collect much larger sums in business taxes or wealth taxes?

It all trickled down in the end, but it just involves the government collecting a few large checks rather than a massive bureaucracy mostly in the private sector.

 

[petros]

A few cents? Are you spending your bus fare on jujubes?

 

[White_Unifier]

A few cents? Are you spending your bus fare on jujubes?

I seldom buy just one small thing. If I do buy something inexpensive, it's usually while doing the groceries, in which case the HST would be calculated on all of the things I buy together.

Even then though, if I spend a hundred dollars on something taxable, that gives the government 13.00. But a shop assistant needs to add the GST to each transaction. It can be automated, but then buying the tech is an added cost of business. For a small startup, it might need to be added manually. Even then it's a simple calculation, but even if it takes a second to calculate, it's still a second lost per transaction over the course of a day. Why not just raise the business tax or income tax? It comes out to the same thing, but in one tax that can be calculated once a year for a large sum of money.

 

[petros]

Ooooooo. You have that nasty HST crap.

I"m sorry to hear that.

GWS

POS software does all that for a merchant.

 

[taxslave]

Why not just raise GST on fuel?

GST goes all the way up the ladder.

GST is already an active system and no new bureaucracy.

GST doesn't apply to exports or to injuns. Really Canadians should not have to pay any tax on Canadian fuel but exports should be taxed to the maxxx.

Of course it's an alternative if done gradually and incrimentally. If done gradually, it would slowly deter suburban sprawl and so encourage higher urban density and maybe even farmland reclaiming some suburban sprawl, which would in turn reduce travel distances from farm to market. We don't change urban planning overnight, but we can change it over decades.

Banning reproduction and immigration would accomplish the American thing with the added benefit of saving the planet.

 

[petros]

GST doesn't apply to exports or to injuns. Really Canadians should not have to pay any tax on Canadian fuel but exports should be taxed to the maxxx.

Damn, I was hoping we could export the Injuns the US Army chased up here.

 

[spilledthebeer]

Why not just raise GST on fuel?

GST goes all the way up the ladder.

GST is already an active system and no new bureaucracy.

Oh right! Just raise the GST! Please stand up straight now and remove your thinking part from its current position lodged in your sphincter- the lack of oxygen is harmful to brain cells!

Are you so short of oxygen that you do not even realize that ALL LIE-beral policy is a FAILURE?

Are you not aware- and I guess we know the answer to that- that we have ALREADY HAD a national oil industry called Petro Canada
and it was a nasty/costly FAILURE!

Or- maybe there IS a cunning side to your low oxygen level thinking? Are ever hypocrite LIE-berals working to nationalize Cdn oil and then use their power to DELIBERATELY RUN IT INTO THE GROUND?

IS that our fate? That LIE-berals will give well paid oil jobs to their INCOMPETENT Hog allies to destroy Cdn oil business- WHICH LIE-BERALS HAVE ALREADY TOLD US IS THEIR GOAL!!!!!

LIE-BERAL POLICY IS TO KILL OUR OIL PATCH!!! Considering how efficiently Bombardier is producing vehicles for Toronto Transit Commission- LIE-berals clearly do not mind looking incompetent - just so long as THEY GET VOTES AND GRAVY!

How much much worse could LIE-berals look if they screwed up our oil production? And since Kinder Morgan has pretty much abandoned its Pipeline- in spite of having $3.7 billion dollars invested- and now LOST thanks to Our idiot |Boy Justin failing to implement the rule of law! And since Shell has just sold off most of its Alberta oil patch holdings- should we assume the LIE-beral plan to destroy Cdn oil IS WORKING???

And last spring - Globe and Mail news reporters exposed the Ontari-owe LIE-beral plan to FORCE us all to dump our natural gas burning appliances and use ONLY mouldy green LIE-beral Hog produced electricity for heating and cooking! That LIE-beral gravy grab was so gross that public rage forced LIE-berals to back off- and probably explains a part of the reason our Wynne-bag LIE-berals are running THIRD in current polls!

So- Is that the plan? That well paid Hogs will continue to play with their gas guzzling TOYS fueled by oil imported from United States while the rest of us ROT in little boxes in the miserable "shelters" that LIE-berals supply to mentally ill citizens, and to drug addicts, to illegals-and to anybody else LIE-beral economy has NO USE FOR?

And anybody who would call Russia a victim of colonialism has a world view so twisted that they are unable to comment in a sensible way on much of anything.

AS for a nationalized oil company- Toronto (RED) Star newspaper printed an article yesterday pointing to the economic chaos in socialist Venezuela that has resulted in the near collapse of their oil industry- and this is one of the reasons behind our spike in gas prices since we USED TO import so much of it!

LIE-berals desperately want the gravy that oil production brings- but they DO NOT WANT ordinary people using the stuff- ONLY HOGS are entitled!