Canadians want Ottawa to ban use of tax havens, poll finds
- Thread starter Charlemagne
- Start date
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Then you got your tense wrong as usual because it is currently just 21%. IT WILL BE 30% NEXT YEAR. OKAY????
Yes, now you are right.
The overwhelmingly alarmist rhetoric regarding Ontario’s recent minimum wage increase is due largely to a misinterpretation of basic facts, say two prominent Canadian bank economists.
“People have a tendency to focus on counter-factual headlines,” TD Bank’s Brian DePratto told VICE Money. “We’re talking about a very miniscule fraction of overall employment that will be affected by the minimum wage increase.”
A recent study from the Bank of Canada forecasted that minimum wage hikes across nine provinces in 2018 and 2019 will result in “employment losses of about 60,000 workers”, equivalent to a 0.3 percent decline in the overall number of hours worked.
Mainstream Canadian media was awash with headlines highlighting the “60,000” figure, which is indeed significant if viewed in isolation of the overall employment trend in Canada’s economy, especially of late.
“The Bank of Canada report was very badly reported by the media,” said Brett House, Deputy Chief Economist at Scotiabank. “The headline of that report should have said: ‘macroeconomic effect of minimum wage hike likely to be within margin of error’. There’s going to be a negligible effect on the macroeconomy, and a very positive effect on low wage earners.”
House points out that employment losses of 60,000 doesn’t necessarily mean 60,000 existing jobs will be lost due to the minimum wage hike — it implies 60,000 fewer jobs than projected will be created in the next year or so. For context, the Canadian economy created 79,000 jobs in December, and 79,500 jobs in November. In the year 2017 alone, Canada created 423,000 jobs — 394,200 of those jobs were full-time.
In Ontario, the minimum wage increase ($11.60 to $14 an hour) is estimated to impact eight percent of all workers — an additional 15 percent of workers will probably also see a rise in their wages as a result of the minimum wage increase, simply because the wage floor moves up, say economists.
https://news.vice.com/en_ca/article...-increase-will-not-lead-to-massive-job-losses
So there you go scaremongering dummy. The real facts. You just hate the low wage earners in this country.
You buy this overhyped nonsense. While stuff like food prices, transport costs, rents, mortgages have been skyrocketing over the past few years while the minimum wages were stagnant seems to be an ideal situation for you. The only stuff you cry over like a baby is the tax increase to the wealthy 20% and how their wealth may have a minuscule dent in it. Stuff like more Canadians dropped below the poverty line in the past decade is only the natural way to move the economy forward in your train of thought. Like you mentioned in your quote, you really need professional help.
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Only a simpleton like you would draw that conclusion
Trump has had one success "tax reform" . If you want to attribute tat to Obama, knock your self out.
You should note that the US corp tax rate was reduced and now is competitive with Canada
BTW corporations will not hesitate to leave if the goal is to redistribute wealth.
They have an obligation to their shareholders to protect them from such commie attacks
Ohh I see, now the employees are taxing their employer 30%. You are really all over the place and confused.
Well you have no skills, rather than a brainwashed right wing dogmatic approach and you like to throw some derogatory remarks whether it is to either Frankfooter or Me. Tone down or walk away. If you decide to continue with these childish remarks then no doubt I will place that mirror in front of you, and you can see how you feel about it. Now you get it!!!
No wonder Tim Horton lashes out at these rogue franchises who now want to rob their employees. They have blown it out of proportion and now the employees have started protesting at these franchises. But off course you throw all your support behind these particular franchises. More jobs are due to be created, so I am sure that these employees will walk away from these rogue franchise owner. By the way Seattle was one of the first State to implement the $15.00 minimum wages. There was a very similar scaremongering kickback from the right wing press / pundits. Now Seattle has an unemployment rate of 2.90 %, that is the lowest it has ever had. So take that State as a model and think more pragmatically.
http://www.cbc.ca/news/business/tims-timhortons-minimumwage-wynne-liberals-ontario-1.4474836
Correct.
But you do not have a problem in telling me who I do or do not hate. Practise what you preach!!
You ar the first one to start making every thing personal. Go back and look at your posts to both Frankfooter and I.
Try and learn the meaning of "Stealing". If you consider taxes to be stealing, then you are definitely living in the wrong country.
This Communism stuff is BS. Only the Neo Nazis and right wing dictators did not believe in real taxes and services but just plundered from their average citizens, forced them on minimum wages and made the rich richer in the most corrupt system. So maybe you want that type of corruption here.
The cost has gone up by 20% from 2007 to 2017. Now maybe not high to the top 20%, but to the ones who just get paid the minimum wages with absolutely no increments that is sky high. Again you do not care about those on minimum ages. Period!!! Stop your derogatory comments all the time. Go and use that calculator and learn what is sky high in context to the ones on minimum wages.
https://www.bankofcanada.ca/rates/related/inflation-calculator/
It is stealing to money launder and take advantage of the unfair loopholes, especially when you are getting all the services paid for by the ones paying their fair share of the taxes.
Absolutely!!!
Yes, total fiction again. Those on poverty who could have earned more, would have. That is a fact. Some do have the proper education, and no ability to pick up any real trades or skills, or are mentally or physically handicapped. These ones would be fodder for the cattle, if we did not have Governments who care for them. Unfortunately, there will always be these types of individuals and they have to be assisted in some way or the other. There are others who have trained and educated themselves, but still cannot find those types of jobs and will always end up in minimum wage jobs, or in certain commission jobs in the retail sectors. Again you do not care about these individuals and any attempt to help them is considered to be stealing using your logic. Yes You need professional help.
Tsk, tsk.
So by your incredibly biased terms its ok to credit Trump with economic success but not Trudeau, despite Trudeau being in power longer.
And you also think its not fair to credit Obama for the success Trump is riding, but its ok to credit Harper for Trudeau's?
Tsk, tsk.
Who's the simpleton here?
You have a real comprehension problem
I did not say that
I said Trump has only had one success
that being tax reform
Right or wrong he successfully got it passed
All the other policies Trump has tried to implement have not been successful, they have been blocked one way or another
I made no connection between with Obama and the current insanity occurring in Washington
You did that
You have a really bad habit of incorrectly implying what my positions are
You can not get anything right so Stop that
As pointed out attributing employment growth to Justin just does not make sense as he has not made one business friendly policy move
It is really simple so even you should be able to figure this out
Yet you can not
You snotty nosed immature idiot
If you are going to quote me, do not change what I say
It was almost amusing once, it was annoying the second time , and I asked you o stop
Now you are just proving yourself as an immature idiot incapable of communicating
you do not have the intellect to provide well thought out arguments and instead rely on annoying childish bull shit tricks.
What are going to be when you grow up?
You are always going to be a whining loser complaining about all that you think is wrong in the world
Nobody likes whiners.
I asked you to stop the name calling and all the abusive terminology. Obviously, you ignored it, and now look at the number of derogatory names you keep on throwing.
So, if you do not want me to change the quotes, then talk and discuss all the political issues like an adult. Otherwise, just walk away.
I get tired reading the various abuses day in and day out from you, just because I do not agree with your political stance. Stuff Like "snotty nosed immature idiot", "incapable of communicating", "childish bullshit tricks", and "whining loser complaining" are expected from the uneducated ones on the board, or on the street.
It is very annoying to go through your posts and read these constant rants. Are you going to stop it?? I am a respectful person and will not touch your quotes if you stop these abuses. If you do not respect it, then I can put you on ignore.
Glass houses, larue.
Your logic said Trudeau was riding on Harper's economic successes and if that's true then its also true that Trump is riding on Obama's.
# 1 I did not say Trudeau was riding on Harper's economic successes
What I did say (now pay attention) was that one can not attribute the drop in the unemployment rate to anything Trudeau has done as none of his policies have been business friendly.
#2. Nobody but a simpleton would immediately equate that statement to what is occurring in a different country.
I am not up on economic developments in New Zealand or Thailand. However I bet you can explain them based upon "My logic"
# 3, You brought Mr. Obama and the nutjob Trump into this conversation. I did not
#4 you do not seem to understand logic period, so please do not tell me what "My logic dictates"
#5 Many times I asked you not to try and tell me what I think. You get it wrong every single time. Stop doing that.
Don't worry, I really don't want to delve into your mind and figure out how you come to your extremist views.
They aren't very interesting and reading your personal views framed by constant insults is boring.
All I'm doing is pointing out the basic flaws in your 'logic', such that is that you connect any two ideas of yours together.
Just as it is with the basic failure in thinking of crediting Harper yet blaming Obama for economic success and just as it is with your total failure to understand that we live in a country that uses progressive taxation to redistribute wealth.
Since you are not able to express or comprehend complex arguments, nailing you on the basics is all that is left.
Have a good saturday.
My extreme views?
Says the commie living in a capitalist country
While your views are interesting from a comical point of view
You do not understand basic logic such as the need for incentive to create wealth and economic growth.
Your logic is limited to , Frank footer wants what others posses so Frank footer will just take it
Again you get it wrong, I made no comment praising or blaming Mr. Obama for anything
Point that out specifically where I blamed Mr. Obama for economic success or shut the hell up
It has never dawned on you that the reason the loonies have never gained real political power in this country is that there is a real lack of trust.
People do not believe or trust someone who just makes shit up
That and people will not trust the left with the public purse
A perfect example of you just making shit up
Taxation is to provide revenue for the govt to provide services , not to redistribute wealth.
Keep preaching your commie message and you will continue to finish third in a three way race
Complex arguments?
That is just too funny coming from a dope who has to take off his shoes to count past ten
I will.
I may even spend some of that wealth you want to steal
Claiming that the dollar is low because of a lack of magical 'trust' is pretty extreme, larue.
You incorrectly equated "loonies" with the Canadian currency
Nope "loonies" refers to the lunatic left, who can be :
a) trusted to incorrectly attribute their beliefs as that of the majority of Canadians. (despite always coming in third in a three way race)
b) not be trusted with the public purse (hence always coming in third in a three way race)
Is this another in a very long list of times when you just plain got it wrong ?
Lets hope that was your attempt at humor
Excuse me for not catching all your sad slang for groups you don't like.
You still don't accept that Canada uses progressive taxation for wealth distribution, do you?
That's pretty extreme.
???
Lets take a look at the quote in question
And you somehow thought that a reference to our currency?
"The reason the loonies have never gained political power"
Do you think a coin can gain political power?
"is that there is a real lack of trust"
How does an inanimate object like a coin gain trust?
After that
you attributed someone to mean a coin?
No
The purpose of taxation is to provide the Govt with funds for operations / services
NOT to re-distribute wealth
Since you are confused by the difference between a coin and your ideology, it follows that you are also very confused when attributing your beliefs to the population of Canada.
Do not hold your breath, it is not going to happen !
How is it extreme when your views keep coming in third in a three way race? Time after time after time.
You do not speak for Canadians.
That is for sure
