Oh pity the poor LIE-berals! Watch them frantically thrashing about trying to hide from voter rage! And the way things are going- Trump might have a better chance of being re-elected than Our idiot \Boy Justin! HAHAHAHAHA!!!!
Here is an article illustrating the LIE-beral concept of “support for the middle class”. With some comments of my own in brackets):
92% of families face tax hike of over $2,200 beginning in 2019: says Fraser Institute
By Jenny Yuen. Published: January 11, 2018. Updated: January 11, 2018 12:06 PM EST
Filed Under: Toronto SUN/ News/ Canada
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A new Fraser Institute report — The Effect of Canadian Families of Changes to Federal Income Tax and CPP Payroll Tax — says more than 90% of Canadian families will pay higher taxes once the Canada Pension Plan tax increases are fully implemented by 2025. The first of seven increases to CPP tax — which all workers much pay — begins January 2019. The study’s co-author, Charles Lammam, talks about the impact on middle-class families.
(So about the only people who will not be paying more are people on welfare- and especially not those chosen friends of LIE-beral Party who have crossed our borders illegally and now need our “charity”- meaning LIE-beral vote buying policy- to survive here. And the other group that will not be paying more taxes- is natives on reserves who voted LIE-beral in the last election mainly because they did not like Conservative efforts to stamp out the corruption that is endemic on reserves!. The rest of us get to pay for LIE-beral “generosity”!)
What was the most surprising thing you found in the report?
“Canadian families will endure a significant tax increase and that tax bill will increase over time. The Trudeau government has talked a lot about cutting taxes for families. Based on the personal income tax changes they’ve already put in the case, we’ve found that’s not true for the vast majority of middle class families. But then there are major tax changes set to come into effect, starting next year, particularly the payroll tax hike to fund the Canada Pension Plan expansion. We found that plus what has already been implemented will result in over 92% of all families with children in Canada paying higher taxes and they’ll be paying on average $2,200 more per year.”
Why is this significant?
“The Trudeau government has repeatedly claimed to cut taxes on the vast majority of families and our findings show that’s not the case…The reason why the Trudeau government is claiming they cut taxes because they’re focussing on just one of the many changes that they’ve either enacted themselves or spearheaded as a government. The focus has been on the federal rate cut from 22% to 20.5% — however, the reality is they’ve introduced several other tax changes both to the personal income tax system and they’ve spearheaded with the provinces, CPP, which will result in higher payroll taxes.”
(Federal LIE-berals have run up over fifty billion dollars in deficits in their first two years in office- with NO CLUE how to shut off the spending taps! And with the added bonus that Our idiot Boy Justin is setting us up for a nasty fiscal hit when NAFTA DIES- due to LIE-beral indifference to national security issues! Both Cdns and Yankees are worried about illegals and about Muslim terror. Our idiot Boy deliberately ignores Yankee fears that Cdn security is so sloppy that Muslim terror cells are likely to set up here and launch raids into United States! In addition, Yankees regard sloppy Cdn immigration standards as an open invitation to Russians, North Koreans. Iranians and Red Chinese intelligence services to send sleeper agents to Canada in hope they will eventually be able to develop links with businesses in United States for purposes of industrial espionage- its so much easier just to STEAL good ideas than it is to develop your own- and lots of hostile govts want information on stealth technology, the latest Yankee radars, missile control systems and message coding technology. Our idiot Boy knows all this and his hate for Yankees and for “Cdn Imperialism” is over- riding logic and good sense!)
What does a $2,200 tax hike mean in context for 92% of families in Canada?
“It could be a mortgage payment for a family, it could be childcare, grocery bills. We’re not talking about a trivial amount here. It is a significant increase in the tax bill, no doubt. When we look at the middle class, they’re actually more hard-hit than the overall average. Which is ironic because that is the group of families that Trudeau government has said they want to help. In fact, what will happen in practice, there will be basically no tax decrease for anybody once the CPP tax changes are in full effect.”
(The reality is that the tax “bill” will NOT be evenly applied! LIE-berals have a proven history of BUYING civil service Hog votes! Getting a for an extra $2200. is no problem if you also get a RAISE in pay of $5000.- which is why civil service union Hogs are not worried! They expect to make out like the greedy bandits they are after LIE-berals finish with their nasty fiscal shell game!)
What happens to the remaining 8% of families?
“Either their tax bill stays the same or slightly decrease. We don’t do the analysis – who the incomes are of the 8%. It’s not something our analysis includes. What I can say is when you look at that middle group of families – these are families with income of $78,000 and $110,000. About 99% in this income range will be paying higher taxes.”
(Of course LIE-berals have no plans at this time to increase welfare rates or olds age pensions or disability pensions even though water, sewer, hydro and property taxes, along with the carbon crap and trade scam and forcing up food costs- will ALL be rising steadily- meaning that 8-10 percent of families will be squeezed relentlessly while LIE-berals are focussed only on the Hog votes they need to buy at any price so they can cling to power in federal election 2019!)
Your report explains that Canadian families could be paying even more. Can you explain?
“In our report, we’ve only calculated two of the major tax changes that have been announced so far. But then there’s others that we do not account for in these numbers. So, for example, you raise the carbon tax. This is a federally mandated tax that will be increasing over the course of the coming years. The potential for an even higher tax bill for families is greater than what we’ve outlined here. There’s also the scaling back of the contribution room of the Tax Free Savings Account, there are also new taxes they’re implementing on small businesses.”
(Ontari-owe is partnered with Quebec and California in this Carbon crap and trade garbage with California already raising its carbon tax 10 percent this year! With Ontari-owe slated to either follow along or see the carbon deal fall apart!)
How can Canadian families prepare for this up-shift in taxes beginning Jan. 2019?
“I don’t know if they can. A tax is a forced contribution to the government. I think the takeaway is we have a government that is repeating a claim to Canadians and I think it’s important for Canadians to be aware of what the claim is. And the reality is contrary to what the government is saying.”
(IN other words WE DO have good reason to call them LIE-berals!)
BY THE NUMBERS
92.2% – The percentage of Canadian families with kids that will pay higher taxes as a result of federal income tax changes and the Canada Pension Plan payroll tax hike
$2,218 – What Canadian families with kids—regardless of income—will pay, on average, in higher taxes
$1,624 – What the CPP tax increase alone will cost
2025 – The year the CPP payroll tax hike will be fully implemented
Source: Fraser Institute