GST FOLLY
The conservatives unveiled their BIG tax cut plan today and WOW I never felt more like throwing up in my life.
Next year ONE whole percentage point, OK who does this benefit?
A student spends on average between 5 and 10 thousand dollars a year, some of which is taxable by the GST.
A one percentage point cut would save us 50 to 100$ A YEAR we get more in the GST rebate checks, its totally RIDICULOUS.
Ralph Goodale targeted his cuts at the middle class, saving a family much more money as they would pay less taxes.
A family of 4 earning 60000$ a year will only consume about 30 000$ in GST type expenditures at the most as rent/mortgage, most food and other items are not taxed. The rest is of course…taxes.
So on 30 000$ a family saves WAIT FOR IT 300$ WOW 150$ dollars a parent, 12 dollars a month.
Now let’s take another example, a guy making 1 000 000$ dollars a year. After he buys his car, his boat, his trips abroad for about $400 000 a year, he saves 4000$ WOW does this guy REALLY deserve a tax cut?
Tax Cuts for the RICH will not slide here on this side of the border Stephen.
The cut itself costs 3.5 billion to government coffers, add that to the money offered in Goodale's fiscal update and that is exactly the amount sought by students to fix the education problem
I issue a challenge today to Paul Martin, tell Canadians you will match the amount in the cut and immediately transfer the money to a dedication education transfer.
Liberal Values Spending on the Nation's Future
Canadians have their priority, education is the future of this nation PROVE IT.
Next year ONE whole percentage point, OK who does this benefit?
A student spends on average between 5 and 10 thousand dollars a year, some of which is taxable by the GST.
A one percentage point cut would save us 50 to 100$ A YEAR we get more in the GST rebate checks, its totally RIDICULOUS.
Ralph Goodale targeted his cuts at the middle class, saving a family much more money as they would pay less taxes.
A family of 4 earning 60000$ a year will only consume about 30 000$ in GST type expenditures at the most as rent/mortgage, most food and other items are not taxed. The rest is of course…taxes.
So on 30 000$ a family saves WAIT FOR IT 300$ WOW 150$ dollars a parent, 12 dollars a month.
Now let’s take another example, a guy making 1 000 000$ dollars a year. After he buys his car, his boat, his trips abroad for about $400 000 a year, he saves 4000$ WOW does this guy REALLY deserve a tax cut?
Tax Cuts for the RICH will not slide here on this side of the border Stephen.
The cut itself costs 3.5 billion to government coffers, add that to the money offered in Goodale's fiscal update and that is exactly the amount sought by students to fix the education problem
I issue a challenge today to Paul Martin, tell Canadians you will match the amount in the cut and immediately transfer the money to a dedication education transfer.
Liberal Values Spending on the Nation's Future
Canadians have their priority, education is the future of this nation PROVE IT.
par / by Anthony à / at 11:41 a.m.
11 Commentaires:
Another Tax Cut for the Rich soudns familiar
So it isnt as bad as Duba but still, i would rather remove 4 bilion off the books directed at the middle class than have a large chunk directed at the wealthiest consumers
How you managed to twist numbers to make a comsumption tax cut a tax cut for the wealthy is still mystery to me, especially in opposition with your revenue tax cut. A poor family spends as much as 100 % of his revenue a year, a rich one, less. Cut consumption taxes helps much more the poors than the rich. Period. And I'm not conservative at all, don't attack me on that.
The argument is simple
Of the 4.5 billion dollars cut off the tax rolls from this cut (per percentage point)who gets the majority of the money, people that spend the most, bush cut all tax rates in his cuts too but the argument against it was that the money was going to rich people
Same thing here, thats why your leader Christo was against it too.
At least the Conservatives are offering some form of a tax cut to the middle class....
The Liberal plan gives cuts to only the three lowest brackets.
Everytime I go out for dinner, or a movie, or buy a car or a house I will be saving some money. Under the Liberal plan (because i am not in the lowest 3 wage lavels) I will save hmmmm, exactly nothing.
Oh, and if you really want to compare the two platforms, remember that the Tories are proposing a 2% reduction to the GST within 5 years, about the same time frame as the Liberal proposal.
there are four levels and the last one starts at 120 000$
Are you telling me that people making 35 000 need a break as much as the people making 120 000+
I would say thats ridiculous. Economists agree its the wrong way to cut taxes.
If 2 points are shaved off thats 9 billion annually. Who pays more GST people who consume more.
It's bad policy
Are you really a student complaining that you don't benifit from a tax cut? Do you pay tax?
"So on 30 000$ a family saves WAIT FOR IT 300$ WOW 150$ dollars a parent, 12 dollars a month."
With the Libs proposal, its $324 maximum break after all tax reductions are worked in over the coming years. With the Cons, its $300 in the first year, going to $600 within the next 5 years. The NDP proposes no tax cuts, so the Con's plan is the biggest benefit to the middle class.
Mark
you dont have to listen to me, listen to the economists, this guy is make the move thats best politically instead of best for Canada,
Why did the Liberals not cut the GST, because it was better for the economy to cut income taxes, and look at the results. Vote for the smart people. Vote Liberal!
yeah because you can BELIEVE the liberals when they say they'll cut income taxes. just like they abolished the gst.
and the conservatives have yet to announce their ADDITIONAL income tax cut along with the gst.
at the end you used the terms "liberal" and "values" in juxtaposition. please. the only values the liberals have is whatever's politically expedient at the time. otherwise paulie boy would have admitted that he had bought a christmas wreath today.
idealistic, neo-communist fucknuts, all of you. heads out of asses, please.
Cutting the GST saves the most for those who spend the most. Now Harper will never be able to position himself as the champion of the poor.
So what if I save $0.40 on a case of Blue, some guy is saving $1000 on his new Mercedes.
The best plan for helping people in the lower income bracket is the Martin/ Goodale plan. Raise the basic deduction by $500. Lower the first bracket by 1%.
Phil
who gets the bulk of the money, people who consume more
Bush's cuts were to the highest bracket, had he cut there, I would have blown a gasket
per capita phil per capita, its not an equal amount for all
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