Toronto Escorts

PC incumbent praises Donald Trump, cites his tax policies as a model for Ontario

Charlemagne

Well-known member
Jul 19, 2017
15,451
2,483
113
PC incumbent praises Donald Trump, cites his tax policies as a model for Ontario

The Trump tax cuts for the rich have been called the biggest wealth grab in modern history

May 18, 2018

Is the Ontario PC Party now modelling its policies on Donald Trump’s?

It certainly looks that way…

Just ask Toby Barrett, the long-serving PC incumbent currently running for re-election in Haldimand-Norfolk, who has offered fair amount of praise for Trump and his policies over the past year or so.

In 2017, Barrett told his local paper the Simcoe Reformer:

“I have a lot of respect for [Trump’s] taxation policy – cutting taxes on income and for companies. That’s where I come from as a Progressive Conservative.”

In June of that year, Barrett wrote a blog post favourable to the Trump administration’s tax policies and its various attacks on both environmental and labour regulations:

“US-Canada policies are going in opposite directions – minimum wage, for example – and will drastically affect the competitiveness of Ontario’s manufacturers. Billed by the White House as the most ambitious attack on red tape since the Reagan era, Donald Trump is cutting business regulation and capping the total cost of new rules. He has signed an order calling ‘one in, two out’ for each new regulation proposed by an agency such as the Environmental Protection Agency or the Labor Department – the same department will need to identify two existing regulations to be scrapped.”

Barrett then argued that Canada and Ontario should “up their games” (meaning, presumably, that both should model their policies on Donald Trump’s).

And just this week, citing Trump again, Barrett made the exact same argument:

“With the change in the administration in the United States, we have to up our game…Doug Ford will cut corporate taxes…It may not be that popular but we have to match Trump on corporate taxes. And we have to match them on energy costs, which we are not doing.”

While Trump billed his tax cuts as “a miracle for the middle class” and even claimed “the rich will not be gaining at all with this plan”, an analysis conducted by the Washington-based Tax Policy Center concluded that the biggest winners will actually be the wealthiest 1% of earners while the bottom 95% will get a tax cut of just 0.5 %to 1.2%.

Trump’s tax cuts for corporations and small businesses, meanwhile, will “reduce federal revenue by $2.6 trillion over a decade and largely benefit high-income taxpayers.”

Fortune Magazine consequently dubbed these tax giveaways “the biggest wealth grab in modern history.”

Last week Ontario PC leader Doug Ford unveiled a new plank of his own tax-cutting agenda, similarly branding it as relief for the “middle class.”

But a closer look quickly reveals that something like the opposite is true: in fact, just like the Trump tax cuts, Ford’s $2.3 billion proposal would benefit the richest 10% of earners the most and leave the working and middle classes out to dry – the average savings for those with incomes below $49,000 being just $7 a year.

(Ford’s plan to help minimum wage earners, meanwhile, would leave them more than a thousand dollars a year poorer.)

Just months after Trump’s election, Barrett raised the ire of constituents by showing up to a community festival sporting a t-shirt that featured both Trump and former Republican Vice-Presidential candidate Sarah Palin.

Asked by the Simcoe Reformer if he was a supporter of Trump, Barrett replied “Not even close.”

Hmmmm.

In the same interview, Barrett would go on to praise Trump’s tax policies.

http://pressprogress.ca/pc-incumbent-praises-donald-trump-cites-his-tax-policies-as-a-model-for-ontario/
 

Boober69

Well-known member
Feb 23, 2012
6,722
263
83
PC incumbent praises Donald Trump, cites his tax policies as a model for Ontario

The Trump tax cuts for the rich have been called the biggest wealth grab in modern history

May 18, 2018

Is the Ontario PC Party now modelling its policies on Donald Trump’s?

It certainly looks that way…

Just ask Toby Barrett, the long-serving PC incumbent currently running for re-election in Haldimand-Norfolk, who has offered fair amount of praise for Trump and his policies over the past year or so.

In 2017, Barrett told his local paper the Simcoe Reformer:

“I have a lot of respect for [Trump’s] taxation policy – cutting taxes on income and for companies. That’s where I come from as a Progressive Conservative.”

In June of that year, Barrett wrote a blog post favourable to the Trump administration’s tax policies and its various attacks on both environmental and labour regulations:

“US-Canada policies are going in opposite directions – minimum wage, for example – and will drastically affect the competitiveness of Ontario’s manufacturers. Billed by the White House as the most ambitious attack on red tape since the Reagan era, Donald Trump is cutting business regulation and capping the total cost of new rules. He has signed an order calling ‘one in, two out’ for each new regulation proposed by an agency such as the Environmental Protection Agency or the Labor Department – the same department will need to identify two existing regulations to be scrapped.”

Barrett then argued that Canada and Ontario should “up their games” (meaning, presumably, that both should model their policies on Donald Trump’s).

And just this week, citing Trump again, Barrett made the exact same argument:

“With the change in the administration in the United States, we have to up our game…Doug Ford will cut corporate taxes…It may not be that popular but we have to match Trump on corporate taxes. And we have to match them on energy costs, which we are not doing.”

While Trump billed his tax cuts as “a miracle for the middle class” and even claimed “the rich will not be gaining at all with this plan”, an analysis conducted by the Washington-based Tax Policy Center concluded that the biggest winners will actually be the wealthiest 1% of earners while the bottom 95% will get a tax cut of just 0.5 %to 1.2%.

Trump’s tax cuts for corporations and small businesses, meanwhile, will “reduce federal revenue by $2.6 trillion over a decade and largely benefit high-income taxpayers.”

Fortune Magazine consequently dubbed these tax giveaways “the biggest wealth grab in modern history.”

Last week Ontario PC leader Doug Ford unveiled a new plank of his own tax-cutting agenda, similarly branding it as relief for the “middle class.”

But a closer look quickly reveals that something like the opposite is true: in fact, just like the Trump tax cuts, Ford’s $2.3 billion proposal would benefit the richest 10% of earners the most and leave the working and middle classes out to dry – the average savings for those with incomes below $49,000 being just $7 a year.

(Ford’s plan to help minimum wage earners, meanwhile, would leave them more than a thousand dollars a year poorer.)

Just months after Trump’s election, Barrett raised the ire of constituents by showing up to a community festival sporting a t-shirt that featured both Trump and former Republican Vice-Presidential candidate Sarah Palin.

Asked by the Simcoe Reformer if he was a supporter of Trump, Barrett replied “Not even close.”

Hmmmm.

In the same interview, Barrett would go on to praise Trump’s tax policies.

http://pressprogress.ca/pc-incumbent-praises-donald-trump-cites-his-tax-policies-as-a-model-for-ontario/
Seems to me the author is more outraged that the guy is a fan of Trump than the actual fiscal strategies this PC candidate favours.
Typical Leftist paranoia and panic.
 

K Douglas

Half Man Half Amazing
Jan 5, 2005
26,210
6,483
113
Room 112
Are you seriously quoting some POS blog as a credible source?

What study are they citing when they claim this:

"But a closer look quickly reveals that something like the opposite is true: in fact, just like the Trump tax cuts, Ford’s $2.3 billion proposal would benefit the richest 10% of earners the most and leave the working and middle classes out to dry – the average savings for those with incomes below $49,000 being just $7 a year."

pressprogress.ca = worth piss
 

essguy_

Active member
Nov 1, 2001
4,432
16
38
The funniest thing is that Canadian Trump fans believe that the tax cuts will spur the economy and eventually "the budgets will balance itself." Right? But even Trump himself is not predicting anything close to a balanced budget for over 10 years - a decade! And Trump's plan requires that the economy keep growing for that decade - meaning an economic expansion of 20 years (since we are already into our ninth year of expansion (7.5 years of which were under Obama). BTW, I wonder if that dimwit Barrett realizes that Canadian corp taxes are already lower than in the U.S. Also - we do not have worldwide taxes, only territorial. So a company can repatriate foreign income with no repatriation tax penalty.

So now that dimwitted Doug, and his even dimmer witted fans have talked about 2.5 billion tax cuts - how about some details in how they will eliminate the deficits? I'm guessing they'll spend the next decade blaming their ever increasing deficits on Wynne.
 

jcpro

Well-known member
Jan 31, 2014
24,673
6,836
113
Well, we are going in the opposite direction when it comes to the economic policy. Not good, if we want to stay cometetive with our neighbors to the South. The increasing oil prices will push our dollar higher, maybe even close to parity. What happens, then in Ontario??
 

Frankfooter

dangling member
Apr 10, 2015
80,644
17,845
113
Reaganomics failed the first time and has failed every time since.
Trump/Ford just want more tax breaks for their friends.
 

JohnLarue

Well-known member
Jan 19, 2005
16,346
2,270
113
Reaganomics failed the first time and has failed every time since.
Trump/Ford just want more tax breaks for their friends.
Says the guy who does not understand taxes
How is that weighted average calculation coming along?
Why do you insist upon projecting your opinion on issues you do not understand?
 

Frankfooter

dangling member
Apr 10, 2015
80,644
17,845
113
Says the guy who does not understand taxes
How is that weighted average calculation coming along?
Why do you insist upon projecting your opinion on issues you do not understand?
Still pushing failed economic policies?
Or do you think you can find us a place where your failed policies worked?
 
Toronto Escorts