Yeah, that is true.....and that will be very hard on the economy.......so let's elect Jack so he can INCREASE the disasterous rise in gas prices by another 10 to 15 cents a litre.
So when gas goes up under Harper it's called the Free Market, and when it goes up under Layton it's called Bolshevism.
Do we start teaching this to kids in elementary?
How come Sweden has high taxes and their economy is doing just fine. In fact, you never heard about them being slammed by the global recession, did you?As well as tax and overspend just to slam the economy a little harder....
For that matter, did you know they have a carbon tax 4.5 times higher than in BC, and when they implemented it, it triggered an innovation boom in their high-engineering sector, and now they're exporting the technology.
In any case, you keep presuming that if multinationals make huge profits from tax cuts, then they'll invest it back into the economy from whence they made the profits.
They don't. They conned enough Canadians into the mythos of free-trade to make it so they don't have to spend the money back. Now they make the profits here and spend it in Bangladesh, which I suppose should make those opposed to human smuggling feel better, because it means we get poorer and the Bangladeshis will stop trying to sneak in because all the money and jobs are there now.
You know, high taxes really don't matter as long as the government is spending the money back on it's own people.70 BILLION dollars....in 4 years. In what will be a shrinking economy, thanks to taxation, gas price inflation, and antipathy to the oil sands and trade.
Brilliant!
It's if the government is spending it on things outside the border that it's a drain.
i.e., $36 billion on jets from Bombardier would be no big deal - that would just be the money cycling around - but if you buy them from somewhere else, now it's a drain... and it's an insult when they're not even jets that can be used for very much.
It cracks me up listening to Harpo preach about attacking human smugglers, yet he has *no* program to actually stop them.
For one *tenth* the money being spent on imported jets that are useless for surveillance you could pay Bombardier enough to build a huge fleet of drones to do constant coastal patrol.
I have no idea why you people all feel Canada is going to remain lame assed on the global stage. Our economy is resources and in the next 5 years our exports are going to double and there will be jobs galore.
Sort of. There will be as many jobs as have not been replaced with robots, and the quality of life in general will go up if the government would actually bother taxing the Chinese as they walk out with the resources, in order to have some money to spend on parks and schools and hospitals.
Oh but I forgot... if we tax the multinationals on their way out, they'll go somewhere else for their oil and coal and minerals and water.