PC win in Calgary-Greenway by-election shows “the NDP is back to being a fringe party

[Nick Danger]

You just don't get it.

Corps are (in essence) taxed on profits and as the commodity prices are in the crapper, it results in the actual taxes collected being lower despite the higher tax rate. That said, the tangible effect it does have is that the money moves to lower cost jurisdictions in anticipation of a commodity price recovery.

Notley screwed the pooch on this one as her logic and medium/long term strategies absolutely suck, so yep, the NDP policies are indeed to blame for a big chunk of the problems in the province as it relates to overall industry health in AB and employment being lower than what it may have been

If, as you say, the lower commodity prices mean the overall tax bill is lower despite the higher rate, then the two percent increase in the corporate rate is going to be relatively minor compared to overall profits. That also means that only the companies that are still able to operate at a profit are dealing with the increase.

I'm far from convinced that this is the work of the NDP and not global oil pricing. The impact of any taxation changes is negligible compared to the drop in crude prices. I'm more inclined to believe that any anger expressed against the NDP government is more based in partisan politics than any credible criticism of their policies. Stimulus spending in other areas is largely ignored because it doesn't support anti-NDP sentiment.

 

[Bar Sinister]

If, as you say, the lower commodity prices mean the overall tax bill is lower despite the higher rate, then the two percent increase in the corporate rate is going to be relatively minor compared to overall profits. That also means that only the companies that are still able to operate at a profit are dealing with the increase.

I'm far from convinced that this is the work of the NDP and not global oil pricing. The impact of any taxation changes is negligible compared to the drop in crude prices. I'm more inclined to believe that any anger expressed against the NDP government is more based in partisan politics than any credible criticism of their policies. Stimulus spending in other areas is largely ignored because it doesn't support anti-NDP sentiment.

You do realize that you are attempting to give a logical explanation to an idiot don't you? To my knowledge Cap Morgan has never had a thought that wasn't twisted by conservative dogma.

Yeah sure bud... As per the abbreviation of your name, BS hits the nail square on the head

Let me see. By my count that would make the third time you used that feeble joke. You really are an original thinker aren't you? But keep on trying, I'm sure that sooner or later you will accidentally say something intelligent.

 

[petros]

If, as you say, the lower commodity prices mean the overall tax bill is lower despite the higher rate, then the two percent increase in the corporate rate is going to be relatively minor compared to overall profits. That also means that only the companies that are still able to operate at a profit are dealing with the increase.

I'm far from convinced that this is the work of the NDP and not global oil pricing. The impact of any taxation changes is negligible compared to the drop in crude prices. I'm more inclined to believe that any anger expressed against the NDP government is more based in partisan politics than any credible criticism of their policies. Stimulus spending in other areas is largely ignored because it doesn't support anti-NDP sentiment.

Sure, it all works out great when you cut labour to offset taxation.

Businesses like Govt run on budgets and need to keep it balanced. Go in the red and it alters lives.

Why is that so hard to understand?

You do realize that you are attempting to give a logical explanation to an idiot don't you? To my knowledge Cap Morgan has never had a thought that wasn't twisted by conservative dogma.



Let me see. By my count that would make the third time you used that feeble joke. You really are an original thinker aren't you? But keep on trying, I'm sure that sooner or later you will accidentally say something intelligent.

I'm not going to call you a dumb f-ck or an idiot but CM is trampling your smurfberry addled mind.

 

[Bar Sinister]

I'm not going to call you a dumb f-ck or an idiot but CM is trampling your smurfberry addled mind.

That's because I'm not one, but if you really want to see a true idiot check out your bathroom mirror.

 

[captain morgan]

The tax increases were EXACLTLY what Prentice said he was going to do.

The Royalties did not change.

These are the 2 things you said was all Notley. Increased Royalties and increased taxes.

You are sounding like the wild rose spreading misinformation about the NDP provincially and the Libs Federally. Just twisting things enough to spread some fear.

Alberta election: Fiscal plans of the PCs, Wildrose, NDP and Liberals compared - CBC News | Elections Alberta

You read the details for yourself and tell me that they were all identical.

As for the Royalties, Notley threatened to raise them, it doesn't matter that she didn't execute on it, the threat was all that mattered as the majors analyze their capex and opex budgets yeas into the future. A number of companies have already stated publicly that their spending cuts are a result of the tax increases and potential royalty hikes, so don't take my word for it, read about it in the NP or Herald

... regardless, she made sure she left the door open by stating that she wouldn't be changing them for the time being

If, as you say, the lower commodity prices mean the overall tax bill is lower despite the higher rate, then the two percent increase in the corporate rate is going to be relatively minor compared to overall profits. That also means that only the companies that are still able to operate at a profit are dealing with the increase.

I'm far from convinced that this is the work of the NDP and not global oil pricing. The impact of any taxation changes is negligible compared to the drop in crude prices. I'm more inclined to believe that any anger expressed against the NDP government is more based in partisan politics than any credible criticism of their policies. Stimulus spending in other areas is largely ignored because it doesn't support anti-NDP sentiment.

I really don't have the time to explain economics to you.

Try this

Google

Let me see. By my count that would make the third time you used that feeble joke. You really are an original thinker aren't you? But keep on trying, I'm sure that sooner or later you will accidentally say something intelligent.

The classics will always shine, as such, you can't use it to often

PS - It ain't no joke, you are one of the dumbest fukks I have ever had the misfortune to come across

 

[Nick Danger]

I really don't have the time to explain economics to you.

Imagine my disappointment.

I'm still of the mind that any imagined impact from the changes in tax policy is insignificant compared to the havoc caused by the crash of global oil prices. You're just looking for ways to hang a global crisis on local government and it ain't gonna fly.

 

[petros]

That's because I'm not one, but if you really want to see a true idiot check out your bathroom mirror.

A smurf or a dumb f-ck?

Do you know who "big oil" is and who is taking the hit on royalty hikes?

You and everyone else who paid just one single penny into CPP, RSPs, or a myriad of other Fed and Provincial Pension funds, savings (especially hippy credit unions) and CO-OP members.

There are investors world wide who are everyday shlubs just like being impacted.

Think outside the smurf box for f-ck sakes.

 

[taxslave]

Alberta election: Fiscal plans of the PCs, Wildrose, NDP and Liberals compared - CBC News | Elections Alberta

You read the details for yourself and tell me that they were all identical.

As for the Royalties, Notley threatened to raise them, it doesn't matter that she didn't execute on it, the threat was all that mattered as the majors analyze their capex and opex budgets yeas into the future. A number of companies have already stated publicly that their spending cuts are a result of the tax increases and potential royalty hikes, so don't take my word for it, read about it in the NP or Herald

... regardless, she made sure she left the door open by stating that she wouldn't be changing them for the time being



I really don't have the time to explain economics to you.

Try this

Google



The classics will always shine, as such, you can't use it to often

PS - It ain't no joke, you are one of the dumbest fukks I have ever had the misfortune to come across

He ain't really that dumb cap, just blinded by lefarded ideology. Keeps him from seeing reality. Far too common affliction these days. At least that can be cured once he accepts the problem.

 

[petros]

Imagine my disappointment.

I'm still of the mind that any imagined impact from the changes in tax policy is insignificant compared to the havoc caused by the crash of global oil prices. You're just looking for ways to hang a global crisis on local government and it ain't gonna fly.

Did prices crash or was artificial inflation kyboshed to punish the cocksucking Soviets who have Euorpa by the Nat Gas balls?

Do some digging into news articles from 12 years back and you'll learn about how all the major players including Canada under Martin agreeing to OPEC cutting back so the Saudis, Mercans, Dutch, Norsk, Brits, Mexicans, Jews, Palestinians and of course ourselves to end the Soviet cocksuckers NG monopoly by Europe buying cheaper from elsewhere as well as to fund mega projects like Saudis going green and generating power from NG and solar instead of burning oil and our very own mega projects to finally open up Western Canada to foreign markets.

We have been in economic warfare with them since the wall came down.

Google away and learn. You'll find what I say accurate.

 

[captain morgan]

Imagine my disappointment.

I can easily imagine you as an individual that is entirely of the mind-set; out of sight - out of mind

I'm still of the mind that any imagined impact from the changes in tax policy is insignificant compared to the havoc caused by the crash of global oil prices.

The short answer to the above is: you are dead wrong

You're just looking for ways to hang a global crisis on local government and it ain't gonna fly.

Notley has done this all by her lonesome.

Petros has given you the starting point for some research and it will only take a small effort to follow up and understand that this industry (and many others) aren't the 2 dimensional Leave It To Beaver scenarios you wish to believe

 

[Nick Danger]

Did prices crash or was artificial inflation kyboshed to punish the cocksucking Soviets who have Euorpa by the Nat Gas balls?

Do some digging into news articles from 12 years back and you'll learn about how all the major players including Canada under Martin agreeing to OPEC cutting back so the Saudis, Mercans, Dutch, Norsk, Brits, Mexicans, Jews, Palestinians and of course ourselves to end the Soviet cocksuckers NG monopoly by Europe buying cheaper from elsewhere as well as to fund mega projects like Saudis going green and generating power from NG and solar instead of burning oil and our very own mega projects to finally open up Western Canada to foreign markets.

We have been in economic warfare with them since the wall came down.

Google away and learn. You'll find what I say accurate.

Just further to my point that Notely and the Alberta NDP are not responsible for the current state of affairs.

I'd certainly be interested in seeing some credible, current information that lists the supposed damage being done by the new tax policies, but I won't hold my breath.

Petros has given you the starting point for some research and it will only take a small effort to follow up and understand that this industry (and many others) aren't the 2 dimensional Leave It To Beaver scenarios you wish to believe

Right back at ya pal. This mess was well underway before Notely took the reins.

 

[petros]

Nope Notley is not. Another history lesson. Look into what happened when the Dipper Martyr Tommie the Commie Douglas simply talked about making oil a Crown Corp in SK.

 

[Bar Sinister]

The classics will always shine, as such, you can't use it to often

PS - It ain't no joke, you are one of the dumbest fukks I have ever had the misfortune to come across

I guess I am the dumb phuck who continually points out the ignorance, errors, and hypocrisy in almost everything you post. Good thing for you that your brilliance so completely outshines mine. And, oh, did I hurt your little feelings when I pointed out just how weak you attempts at humour are? It is always so easy to see when I have one-upped you; you resort to insults and bad language almost immediately. So much for your superior intellect.

Just further to my point that Notely and the Alberta NDP are not responsible for the current state of affairs.

I'd certainly be interested in seeing some credible, current information that lists the supposed damage being done by the new tax policies, but I won't hold my breath.



Right back at ya pal. This mess was well underway before Notely took the reins.

Don't expect much in the way of intelligent commentary out of either of these two. I haven't noticed that they bother to properly research anything they post.

 

[petros]

I guess I am the dumb phuck....

Hey, you got something right.

 

[captain morgan]

I guess I am the dumb phuck

Something that we can finally agree on.

 

[lone wolf]

Ha! Two of the three "wise guys" who said the bottom couldn't fall out of the industry....

 

[captain morgan]

I don't recall anyone saying that, in fact, nothing but multiple references to the cyclical nature of the sector.

 

[lone wolf]

Remarkably efficient forgettery.

 

[captain morgan]

Prove it

 

[lone wolf]

Don't have to. Your reputation is well known