Should Canada merge with Trump's America?

[boobtoucher]

Treason...figuratively speaking.

Give me a better word that describes a government who puts their citizens at risk by not protecting them with secure borders.

btw you overlooked my other comment about the Charter of Rights violation and focused on one single word in my entire reply.

ugh, because it's the same. You're not working from an understanding of Canadian law.

_A_ judge made a ruling about charter violations. That ruling is being appealed. It may be overturned, and that means Trudeau didn't violate your charter rights.

Legal immigration and declaring refugee status are both LEGAL in Canada. Yes, there are too many of both, but Trudeau is following the law. If he barred refugees who later turned out to have a valid claim, he's violated their rights, and could be on the hook for millions. See Omar Khadr.

 

[boobtoucher]

Shame on you for building a successful business and not giving more than half your money back to the government so they can bribe voters with "free" stuff.
According to many, you're the root of their problems and keeping them from the lifestyle they believe they deserve.

Shame on you for not understanding Capital Gains Taxes. Nobody gives half their earnings back to the government. And before you post the Fraser institute study, know that they rolled the TOTAL taxes paid by all businesses into the taxes paid by all taxpayers. Statistically, you don't pay any tax. i.e., the bottom 50% of earners pay 5% of the tax.

 

[Skoob]

ugh, because it's the same. You're not working from an understanding of Canadian law.

_A_ judge made a ruling about charter violations. That ruling is being appealed. It may be overturned, and that means Trudeau didn't violate your charter rights.

Legal immigration and declaring refugee status are both LEGAL in Canada. Yes, there are too many of both, but Trudeau is following the law. If he barred refugees who later turned out to have a valid claim, he's violated their rights, and could be on the hook for millions. See Omar Khadr.

Ah yes, hanging your hat on an appeal to distract from a verdict. Ok. Forest for the tress how the saying goes.

Who said anything about refugees?

If our borders were secure then why the sudden focus on fixing them?

 

[Skoob]

Shame on you for not understanding Capital Gains Taxes. Nobody gives half their earnings back to the government. And before you post the Fraser institute study, know that they rolled the TOTAL taxes paid by all businesses into the taxes paid by all taxpayers. Statistically, you don't pay any tax. i.e., the bottom 50% of earners pay 5% of the tax.

33% federally; 13% provincially; HST, Carbon Tax, etc etc.

An individual making more than $220k/year pays more than 50% in taxes.

 

[boobtoucher]

You don't pay 33% ever in Canada. The 33% bracket STARTS at 246,752.

If I make 220k exclusively from salary and do nothing to earn a deduction (rsp, charity, kids, etc.) I pay 76k in income tax.

2024 Canada Income Tax Calculator | Fidelity Investments Canada

Estimate your tax savings when you vary your RRSP contribution amount with our Canada Tax Calculator.

www.fidelity.ca

What's property tax? 5k? Could be 2k, could be 10k. 81,000. Now if I spend the remaining 139k exclusively on things that have HST on them, that's an additional 18k, for a total of 99,000 in tax. 99/220 < 50%

You've gotta be real bad at managing money to ever sniff paying 50% in tax.

 

[rgkv]

The only place to be

 

[JohnLarue]

Treason...figuratively speaking.

Give me a better word that describes a government who puts their citizens at risk by not protecting them with secure borders.

btw you overlooked my other comment about the Charter of Rights violation and focused on one single word in my entire reply.

a government who puts their citizens at risk by not protecting them with secure borders. is unbelievably irresponsible
if they did this intentionally it is likely worse than treasonous... evil and satanical comes to mind
however given their track record we should attribute this failure to the liberal governments consistent incompetence

 

[JohnLarue]

You don't pay 33% ever in Canada. The 33% bracket STARTS at 246,752.

If I make 220k exclusively from salary and do nothing to earn a deduction (rsp, charity, kids, etc.) I pay 76k in income tax.

2024 Canada Income Tax Calculator | Fidelity Investments Canada

Estimate your tax savings when you vary your RRSP contribution amount with our Canada Tax Calculator.

www.fidelity.ca

What's property tax? 5k? Could be 2k, could be 10k. 81,000. Now if I spend the remaining 139k exclusively on things that have HST on them, that's an additional 18k, for a total of 99,000 in tax. 99/220 < 50%

You've gotta be real bad at managing money to ever sniff paying 50% in tax.

it is a lot closer to 50% than you appear to understand

you are ignoring all the other taxes, hidden or not
sales tax, property tax, GST on the carbon tax, clean fuel standard, carbon taxes and GST on the clean fuel standards tax, capital gains, interest income tax, fees for services, development fees on a new home etc. etc., etc.
granny wynn use to call them revenue tools so she did not have to properly identify them as new taxes.
if you are afraid to call a spade a spade, there is something wrong with that deck of cards

When you die any registered saving are deemed income and taxed at the marginal rate which is often the top combined rate
the govt also borrows excessively which compounds the interest on debt secured by your future income taxes
Justin Trudeau has already spent your income taxes for several decades into the future

in a court of law you are assumed innocent until proven guilty
With the CRA you are deemed guilty until you can prove your innocence and that can be frighteningly expensive

1 in 4 full time employees in Canada is employed by govt (federal, provincial, municipal)
That is not sustainable
So instead of addressing that imbalance, governments have just borrowed excessively accumulating more and more compounding debt
it is a ticking time bomb

Most people accept taxes as a necessary evil.
But they get infuriated when their tax dollars are wasted/ poorly managed by fools

 

[JohnLarue]

Uh, well, it's called being in a parliamentary democracy. You might not like him (and I don't), but his party got enough votes to hold government. You can cry all you want, and you might not like all of his policies, but the Liberals are the government until we have another election. Calling him or his supporters un-Canadian is a slippery slope. I don't think that of Conservatives....unless they want to sell the country out to the US....which you sort of sound like you want to...

it is un-Canadian if you knowingly support the damage he is causing.

 

[JohnLarue]

Shame on you for building a successful business and not giving more than half your money back to the government so they can bribe voters with "free" stuff.
According to many, you're the root of their problems and keeping them from the lifestyle they believe they deserve.

i find it odd how any successful entrepreneur can put the effort, time stress and risk taking required to building and maintain a profitable business and be so nonchalant about

1. giving a significant portion of the profit to a wasteful government
2. watch as that same wasteful government grabs more and makes the business environment more difficult

this is not the typical view of successful entrepreneurs

 

[JohnLarue]

Shame on you for not understanding Capital Gains Taxes. Nobody gives half their earnings back to the government.

if you die with a large registered portfolio you pay real close to half

And before you post the Fraser institute study, know that they rolled the TOTAL taxes paid by all businesses into the taxes paid by all taxpayers. Statistically, you don't pay any tax. i.e., the bottom 50% of earners pay 5% of the tax.

that's screwed up logic
according to the loonie left (ie Sellout Singh) businesses do not pay their share of taxes
but you are claiming that business actually skew the total tax bill to the upside, ie a disproportionated large share of the tax burden
So who is wrong ?

i have yet to meet any credible person who feels they should be paying more tax

Statistically, you don't pay any tax. i.e., the bottom 50% of earners pay 5% of the tax.

if you are in the cohort that pays only 5% of the tax, capital gains is not an issue as you very likely did not have any capital to generate a gain in the first place

yet the middle class and poor pay lots of taxes and are getting crushed by inflation causing taxes

you are also ignoring the impact of the poorly planned cap gains tax on the supply of risk capital
risk capital is vital for innovation and supporting new tech ideas.
A sector where Canada is and will continue to lag behind

What type of business did you say you were running again?
sounds utopian

 

[WyattEarp]

If Canada was to merge with the US the Dems would never lose another presidential election. Trump should think these things thru before running out his Shecky Green impressions.

The U.S. would likely give the Quebecois their independence. It's all fun, hypothetical chat so why would does this fantasy have to include all of Canada.

 

[Skoob]

You don't pay 33% ever in Canada. The 33% bracket STARTS at 246,752.

If I make 220k exclusively from salary and do nothing to earn a deduction (rsp, charity, kids, etc.) I pay 76k in income tax.

2024 Canada Income Tax Calculator | Fidelity Investments Canada

Estimate your tax savings when you vary your RRSP contribution amount with our Canada Tax Calculator.

www.fidelity.ca

What's property tax? 5k? Could be 2k, could be 10k. 81,000. Now if I spend the remaining 139k exclusively on things that have HST on them, that's an additional 18k, for a total of 99,000 in tax. 99/220 < 50%

You've gotta be real bad at managing money to ever sniff paying 50% in tax.

The $220k figure was for provincial but regardless, adding up all the taxes brings you over 50%.

You seriously think someone making $220k+ as an individual pays less than 50% of that in taxes per year when you factor all taxes paid on everything?

Either your math is off, or your math is off.

 

[Skoob]

I do.

Diagolon - Wikipedia

en.wikipedia.org

Except both people in that photo are Canadians. Oops!

 

[mandrill]

Yah!

With Quebec, BC and ON as part of the US, no more Republican governments - ever!

Canadians will vote Dem because we're not Jesus-morons from Oklahoma and Alabama and the GOP will die at the national level.

 

[Skoob]

i find it odd how any successful entrepreneur can put the effort, time stress and risk taking required to building and maintain a profitable business and be so nonchalant about

1. giving a significant portion of the profit to a wasteful government
2. watch as that same wasteful government grabs more and makes the business environment more difficult

this is not the typical view of successful entrepreneurs

It's like trying to explain Christmas to turkeys.

 

[WyattEarp]

Why should Canadians have full voting rights? If America takes Canada then Canadians should be kept as second class citizens with no voting rights.
And there’s a great way to do it - electoral college!
just assign Canada one single elector and it’s perfect

States get a minimum of three elector votes. Since much of the electoral college is awarded by population, Canada taken as a whole would get over 50 electoral votes close to the number for California. I'm sure you know this.

Anyway in this hypothetical exercise, the U.S. would chomp on all of or parts of Canada and spit out Quebec. They have too many sour separatists. Yuck! Tastes like merde.

 

[WyattEarp]

First Trump has to buy Greenland in order to annex it. He gave them $12 Million for "Economic Development" in 2020.
Wonder what happened to the purchase?

After Trump tried to buy Greenland, US gives island $12M for economic development

After President Trump tried to buy Greenland, the U.S. said Thursday it's giving the island $12 million for economic development.

abcnews.go.com

Ohhh, apparently the latest is that the purchase will happen when Trump "wins the 2028 Elections"!!

Donald Trump ally suggests trying to purchase Greenland again

Trump tried to purchase the island from Denmark during his first term in office.

www.newsweek.com

Ahhh yes, Beaver our global prognosticator!

It wasn't too long ago you were arguing obsessively the Brits were tanking and doomed because of Brexit. Meanwhile, France and Germany have been racking up incredible success.

 

[DesRicardo]

I can't believe this thread went 5 pages.

 

[jalimon]

I can't believe this thread went 5 pages.

Me neither. We like the US as a country it's beautiful. Yet it's a business, it's not a country. You think we are liberal in Quebec (which is probably why we have by far the best girl) look at BC! Nah Canada has absolutely nothing to do with the US. Even tho there is an extremely vast amount of good people in both country.