English Debate Tonight

[Reverend Blair]

RE: English Debate Tonigh

The overwhelming subsidies go to large corporations. Those taxes on your dividends? They go to pay for subsidies for the oil companies. They get billions every year from the feds, they get a sweetheart deal with Ralph Klein that amounts to another subsidy.

 

[Jay]

If corporations don't pay tax, then why are you concerned about lowering their taxes? How come when they get multi-billion dollar tax cuts they don't drop their prices?

Corporate tax breaks are just a subsidy by another name, MMMikey.

(I think) What Mike is saying is inevitably the consumer pays all the costs of the business doing business. He is concerned about the ability of business to do business when there are high taxes. The reason you don't see price reductions on products when taxes are lowered is because that money is spent on re-tooling or hiring more people or wage increases or whatever. That isn't to say that prices won't go down, though. It can happen.

To suggest corporate tax breaks are a subsidy would be to suggest that taxes are fixed and some sort of universal phenomena, and they aren't. Taxes fluctuate from policy to policy and from government to government, so there is no way a tax cut for anything is a subsidy.

 

[Reverend Blair]

The reason you don't see price reductions on products when taxes are lowered is because that money is spent on re-tooling or hiring more people or wage increases or whatever.

If the tax breaks aren't targeted, and the Liberals and Conservatives never target them, the money gets shipped back to the head office (usually in the US) and spent there or it pays for them to outsource and offshore.

You are encouraging subsidizing somebody else's economy, then complaining when our economy doesn't do as well.

 

[Calberty]

Jay,

"so there is no way a tax cut for anything is a subsidy."

True. There's another way of looking at it. Company A pays 50% tax. Company B 10%.

Company A pays 50 cents on the dollar. Company B 10 cents on the dollar.

Company A gets a 10% reduction in taxes and now they pay 45 cents. Company B gets no reduction and they still pay 10 cents.

Company A still pays way more tax than company B. They didn't receive any subsidy. They still pay far more than their share of taxes. Company A isn't 'getting anything' from the government but just paying out less.

The word 'corporation' can be changed with 'person' and the same pattern applies.

 

[Reverend Blair]

RE: English Debate Tonigh

We already have a lower tax rate than the US though, so your little diatribe doesn't fit, Calberty.

There are also other factors at play, like Canada being a cheaper place to do business because companies don't have to offer expensive health benefits and so on.

We are also more stable, have more accessible and cheaper electricity in at least two provinces, etc. Other provinces have other advantages such as lower wages, lower cost of living, proximity to markets and so on.

If the Conservatives/Liberals were offering tax cuts/subsidies that had requirements...i.e. creating jobs, providing training, upgrading equipment, becoming eco-friendly...then those incentives would make sense. You guys never introduce those ties though, you just give money back and hope for the best. We've been watching that not work since the original FTA was signed.

 

[MMMike]

Re: RE: English Debate Tonigh

We already have a lower tax rate than the US though, so your little diatribe doesn't fit, Calberty.

Are you out of your mind, Rev??? Personal tax rates are far higher than those in the U.S., as are effective corporate tax rates.

here

 

[Reverend Blair]

RE: English Debate Tonigh

CD Howe, MMMikey? Ppppfffffttttt.

http://www.fin.gc.ca/toce/2003/cantaxadv_e.html

 

[Calberty]

Re: RE: English Debate Tonigh

We already have a lower tax rate than the US though, so your little diatribe doesn't fit, Calberty.

Are you out of your mind, Rev??? Personal tax rates are far higher than those in the U.S., as are effective corporate tax rates.

here

Mike:NDPers aren't known for their math skills. For some it's just not being math literate but for others, unfortunately, it's those socialist blinkers that have a little label on them 'Made by Big Brother'.

 

[Reverend Blair]

RE: English Debate Tonigh

Calberty, at least we're smarter than to sign deals like Ralph Klein screwed Alberta with.

We have a better overall fiscal record provincially specifically because we look at the overall effect and the realities of the situtation. We also look at the numbers, not the made-up spin from right-wing think tanks.

 

[mrmom2]

Bwahahahahaha and Harper is better that clown will have us sewed up in a police state faster then Bush is doing down in the states :roll: C'mon look what Martin has now done 26 hour show us your papers road blocks on major highways here in BC :x .Ask yourself this out of all the partys who's looking out for rights and who's looking to take them away
:wink:

 

[Calberty]

Bwahahahahaha and Harper is better that clown will have us sewed up in a police state faster then Bush is doing down in the states :roll: C'mon look what Martin has now done 26 hour show us your papers road blocks on major highways here in BC :x .Ask yourself this out of all the partys who's looking out for rights and who's looking to take them away
:wink:

Sure, so vote for Big Brother NDP for less government in your life :roll: :roll: :roll:

 

[Reverend Blair]

RE: English Debate Tonigh

It's the Liberals that have brought such things in, Calberty, not the NDP. The NDP wer the ones who stood up in the House and spoke out for Canadian's rights. The Conservatives criticized the Liberals for not taking enough of those rights away.

Try dealing in facts instead of your misinformed rhetoric, Calberty.