Liberal Platform

TenPenny

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Jun 9, 2004
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I see that one part of the Liberal platform is to lower the tax on income trusts.

That's a great idea, because one part of the 'green shift' is to 'accelerate and deepen' the cuts to corporate tax rates.

I'm glad that the Liberals are of the opinion that corporations shouldn't pay any taxes. Makes me almost want to vote for them. It's grand, I tell you, grand.

Oh happy day, when corporate Canada can pay no tax!
 

#juan

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Aug 30, 2005
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One thing the Liberals seem to be able to do, is balance the books and pay down Conservative debt. After inheriting a large surplus from the Liberals, Harper and his gang have got us in deficit territory again. Could that be because Harper meets with Mulroney(king of the debt builders) every month?
 

ottawabill

Electoral Member
May 27, 2005
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One thing the Liberals seem to be able to do, is balance the books and pay down Conservative debt. After inheriting a large surplus from the Liberals, Harper and his gang have got us in deficit territory again. Could that be because Harper meets with Mulroney(king of the debt builders) every month?

http://www.cbc.ca/news/canadavotes/realitycheck/2008/09/are_deficits_in_our_near_futur.html

Just cuz the Liberals say we are doesn't mean we are!!!

beyond the fact that they have less money because they took less money from us..not because they spent more!
 

#juan

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Aug 30, 2005
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http://www.cbc.ca/news/canadavotes/realitycheck/2008/09/are_deficits_in_our_near_futur.html

Just cuz the Liberals say we are doesn't mean we are!!!

beyond the fact that they have less money because they took less money from us..not because they spent more!

From your link:
"I think the vise will tighten next year. Because not only is growth likely to slow but the outlook for corporate revenues, personal income tax revenues deteriorate as the job market slows.
"Certainly the bigger challenge in going to be fiscal 2009-2010," he said.
He said the risks of the federal government slipping into deficit have been rising as the Canadian economy has been slowing down.
But he added he's "not predicting a return to deficit."

What I think he is telling us is that we might have a deficit.....But first he wants to be elected...;-):roll:
 

ottawabill

Electoral Member
May 27, 2005
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Of course we "might" have one....

But that is based on if and when a ressessionary trend starts, Other that that we have a sounder bases than any other western nation. Do you think the Liberals would have not had this same problem for next year...Oh right I forgot they would have just made the middle class pay more and cut health care..
 

#juan

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Aug 30, 2005
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Of course we "might" have one....

But that is based on if and when a ressessionary trend starts, Other that that we have a sounder bases than any other western nation. Do you think the Liberals would have not had this same problem for next year...Oh right I forgot they would have just made the middle class pay more and cut health care..

Listen. Harper inherited a $13 billion dollar surplus from the Liberals. Harper cut the GST and cut the taxes of his corporate buddies. That surplus has been squandered and now we "might" go into deficit? Isn't that nice.......Harpers armed icebreakers have also disappeared. Since Harper insisted on having an election, I would guess that most of the rest of Harper's promises have also disappeared.
 

L Gilbert

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Nov 30, 2006
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Deficit, surplus .... I don't give a crap about that. What I do give a crap about is the debt and whether one gov't is more efficient with our money than the other.

http://www.freerepublic.com/focus/f-news/1998576/posts

http://blogs.usask.ca/the_bolt/archive/2008/01/canadas_national_debt_gdp.html

hmmm I am wondering about this. Looks to me like the debt is going down according to this:
http://www.ndir.com/SI/education/debt.shtml

This was interesting, but I wonder how comprehensive or accurate it is:
http://www.fin.gc.ca/TaxDollar/text/html/pamphlet_e.html
 

TenPenny

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Jun 9, 2004
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cut the taxes of his corporate buddies.

And what did Dion announce today? Income trusts will have their tax rates lowered.
And what is part of the 'green shift'? Accelerated and deepened cuts to corporate taxes.

It's not the Conservatives who are in the pockets of big business in this country. It's the Liberals, through and through. (Offshore family trusts? Sure, and we'll protect your identity at the same time.)
 

#juan

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Aug 30, 2005
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Deficit, surplus .... I don't give a crap about that. What I do give a crap about is the debt and whether one gov't is more efficient with our money than the other.

http://www.freerepublic.com/focus/f-news/1998576/posts

http://blogs.usask.ca/the_bolt/archive/2008/01/canadas_national_debt_gdp.html

hmmm I am wondering about this. Looks to me like the debt is going down according to this:
http://www.ndir.com/SI/education/debt.shtml

This was interesting, but I wonder how comprehensive or accurate it is:
http://www.fin.gc.ca/TaxDollar/text/html/pamphlet_e.html

I got as far as this:
the ruinous fiscal policies adopted by Pierre Trudeau's government in the 1970s.


Trudeau's government's fiscal policies couldn't hold a candle to Mulroney's nine years of heavy deficits. The first thirty billion dollars we collect every year in taxes goes to pay off the interest on Lyin' Brian's debt.

 

Socrates the Greek

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Apr 15, 2006
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I've been thinking about incorporating my name.


Hey good day Unfogivin, what a great Idea, call your self Unfogiven LTD show a lose every year and pay no taxes……Truth is as you know, if we don’t entice corporations with an easy tax bill being that they too have to fork out big doe to substitute worker benefits, they will find a new location and bypass any tax burden……..:smile:
 

L Gilbert

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I got as far as this:

Trudeau's government's fiscal policies couldn't hold a candle to Mulroney's nine years of heavy deficits. The first thirty billion dollars we collect every year in taxes goes to pay off the interest on Lyin' Brian's debt.
Yeah, and Lyin Brian was a Liberal dressed in blue. Big deal.
My point is that deficits and surpluses are just terms to distract people's attention from the debt and at the moment the debt is going DOWN which is more than I can say for what it was doing under Liberals.
 

#juan

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Aug 30, 2005
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Liberal platform claims big promises fully costed, tax cuts and surpluses too

22 minutes ago
OTTAWA — Liberal Leader Stephane Dion moved to shore up one exposed flank Monday by releasing a fully costed party platform he claims removes the prospect of budgetary deficits under a Grit government.
But even as the Liberals were refuting Conservative charges that they'll spend Canada back into the red or tax it into recession, Prime Minister Stephen Harper was hammering away at another quarter by accusing the Liberals of being soft on crime.
The twin Conservative themes - reckless Liberal spending combined with lax criminal justice - don't necessarily square with the last decade of surplus Liberal budgets, slowly reduced taxation and falling Canadian crime rates. But they appear to have left Dion on the defensive, nonetheless.
"A Liberal government will never put Canada into deficit. Period," Dion said at a news conference in Ottawa where he was joined by a half dozen high-profile Liberal candidates.
"We will build a richer Canada by cutting taxes for all Canadian families and businesses, making them more competitive."
While Dion was hammering out a full platform Monday, NDP Leader Jack Layton was musing about coalition building.
Layton told a national news agency that he'd be open to working with other parties - provided he sits in the catbird seat after Oct. 14.
"I think what I'll do is hopefully sit down in the Prime Minister's Office and pull together the leadership of my party and say: 'How can we best serve the country? How can we best get that child-care program we committed to? How can we best get those doctors and nurses trained and deal with these wait times?"'
But it is exactly those kinds of expensive national commitments that have the Tories knee-capping Dion.
The Liberals have faced scathing criticism from the Harper Conservatives for a spate of election promises that amount to billions of dollars in new spending annually.
Public opinion polls suggest the Tory critique is taking its toll, as Liberal fortunes appear generally stalled across a wide spectrum of otherwise conflicting surveys that show the Conservatives ahead by anywhere from five to 15 points.
By becoming the first major party leader to release his full election platform - the Greens released theirs last week - Dion endeavoured to give his party a bounce and restore some lustre to the proposed "Green Shift" at the Liberal campaign's centre.
Dion said the carbon tax scheme would cost the federal treasury just $90 million in lost revenue over four years.
And every penny of the $40 billion raised in new carbon taxes would be returned to Canadians in tax breaks, said Dion.
Dion said the Green Shift will cut income taxes, put a price on pollution, fight poverty and position Canada to be a leader in the 21st-century global economy.
Among the platform highlights:
-Cut the bottom income-tax rate to 13.5 per cent from 15, and lop one percentage point off the two middle rates.
-Lower the small business tax rate to 10 per cent from 11 per cent.
-Lower the corporate tax rate to 14 per cent by 2013.
-$10,000 in refundable tax benefits to Canadian families for investments in energy-saving home retrofits.
-Simplify the tax system for post-secondary students, providing most students about $1000 a year.
-A new $350 refundable child tax credit.
-Create a new Guaranteed Family Supplement for the poorest families with children, worth $1,225 a year more per family.
-Increase the Guaranteed Income Supplement for seniors by $600 a year for low-income seniors.
The Liberals say they'll do all this while running $3 billion-plus annual surpluses.
They'll also reverse a Tory decision to heavily tax income trusts, and promised to shave $12 billion from federal spending over four years to help pay for new investments.
By late afternoon, the Conservatives were plowing into Dion's Liberal blueprint.
"His plan does not add up. It by no means is revenue neutral, and taxpayers would be stuck with deficit spending, higher taxes or, worse yet, both," Environment Minister John Baird said in Ottawa.
"There are $39 billion in promises that either are entirely missing or that have been under-costed. If he actually fulfilled all of the promises that he's made he would plunge the country back into deficit, running up over $50 billion in new debt over the next four years."
The prime minister, meanwhile, had already gone on the offensive on another tack.
Harper introduced his party's tough new criminal justice proposals, which include maximum life sentences for first-and second-degree murder and 14-year sentences for youths aged 14 and older who violent crimes.
Harper said the Liberals have obstructed Tory crime legislation for the last 30 months, a contention not borne out by a close examination of the record but one which the Conservatives repeat at every opportunity.
"The Opposition, we know they're opposed to them all," the prime minister said in Ottawa.
"But they won't come out and say it. They will claim they're for it and then try and stop it. That's where we ultimately have the hammer of public opinion to deal with them."
Bloc Quebecois Leader Gilles Duceppe responded that Harper is simply copying U.S. President George W. Bush's form of government with "more weapons and prisons."
Duceppe said Harper's promise to bring in tougher measures to deal with young criminal offenders perfectly illustrates what he called the Tory leader's repressive tendencies.
The release of the full Liberal platform provides both a fat target for critics and some much-needed information for voters.
NDP Leader Jack Layton slammed the Liberal blueprint as nonsense.
"To come in and propose a deeper corporate tax cut for big corporate companies that even Mr. Harper is proposing, and then to put aside another tax shelter with those trusts, and then to bring on a tax on families and propose all kinds of programs - I don't see how those figures can add up," he said.
"It doesn't make sense."
The New Democrats have not yet released their platform but spokesman Karl Belanger said Monday it will be made public as early as next Sunday, prior to the leader debates that begin Oct. 1.
"That way (the information) can be used before and during the debate," said Belanger.
The Conservatives declined even to hint when the full Tory platform might be imparted to voters.
"All I can tell you is that it'll be out at an appropriate time," said a party official.
And you can bet that both Harper and Layton will steal like crazy from the Liberal platform.
 

Trex

Electoral Member
Apr 4, 2007
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Woo Hoo,

I'm gonna vote me Liberal this time.
How could anyone not?

60 to 80 BILLION in new spending.
Yessiree thats billions with a capital B.

Tax breaks for farmers, fisherman, tradesman, loggers, truckers and probably aliens on Venus.
Tax breaks for students, low income earners, middle income earners and likely middle earth
Hobbits.
Tax breaks for small business, medium business and hopefully risky businesses.

Woo Hoo,
Dion's a magic man.
He's costed it all out...the numbers balance.
Good old Albertee is gunna pick up the slack.
The DOW is probablee gunna go through the roof.
Just because he eats ballpark franks with a knife and fork and has no clue what a drivers license is used for is no reason to doubt.

I'm gunna get me one of them big ol blue signs.
Woo Hoo.
Trex
 
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Colpy

Hall of Fame Member
Nov 5, 2005
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Carbon shift to cost only $90 million?

These are the same guys that promised the gun registry would cost $2 million in set-up fees, then be self-sustaining.

2 Billion dollars later..........that's a factor of 1000 times their claim........perhaps Dion misspoke?

Did he really mean 90 billion dollars?

I'm sorry.....you can't retain everything (child care credits, arts funding, etc....) cut taxes for business (bringing back income trusts), and cut income taxes to "offset" a new carbon tax that will increase the cost of everything, thus damaging the economy and treasury income, and make promises to increase spending by billions and billions per year more than the Conservatives.........and still balance the books.

Hocus Pocus.
 

Kreskin

Doctor of Thinkology
Feb 23, 2006
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TenPenny, you don't like the nevernever government debt plan - adding to the debt and giving tax relief forever? Trickle down works wonders.
 

Risus

Genius
May 24, 2006
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55 billion promised has to come from somewhere and you KNOW it will be your pockets. wake up people!