Trudeau says he doesn't understand why NDP is pulling back from carbon price support

[JohnLarue]

I am not talking about corporate taxes, but personal income taxes. You are also not answering the question I asked. I asked at what tax % does it turn from taxation to confiscation?

?????

WTF is wrong with you ?

the purpose of owning a business is to provide income to the owner
owners needs to earn after taxes compensation for putting their capital at risk

how much tax the business pays is irrelevant if your are going to confiscate 95% to 99%of his personal income

again , any business owner will shut the business down if you confiscate 95% to 99% of his income
and other business owners will see a lunatic is in charge and take their money out of the country

these are the real consequences that would occur if your lunatics plan was executed
you just ignore these real consequences because ..... you are not very bright

I asked at what tax % does it turn from taxation to confiscation?

asked and answered

if you had a clue you should be asking is at what tax % does it turn from confiscation to taxation in order to support the operation of a functioning well managed government ?

the answer to that question is marginally below the tax rate which maximizes business investment by business owners into economically viable projects
get that right and tax revenues will be maximised as economic growth will accelerate

an economy requires on going business investment or it will wither and shrink
you would kill all business investment via your spiteful lunacy and tax revenue would dry up very quickly

the purpose of taxation is to support the operation of a functioning well managed government

you incorrectly view taxation as the vehicle for wealth redistribution and clearly a vehicle for your foolish and petty spite

but then, you are not very bright and now you want to be a thief

if you want more, go out and hustle to earn more

 

[Frankfooter]

Says the guy who can't explain what "fair share" means.
Says also the socialist who expects everyone else to pay for his lifestyle.

Ironic indeed.

You are a freeloader.
Confirmed.

 

[Kautilya]

?????

WTF is wrong with you ?

the purpose of owning a business is to provide income to the owner
owners needs to earn after taxes compensation for putting their capital at risk

how much tax the business pays is irrelevant if your are going to confiscate 95% to 99%of his personal income

again , any business owner will shut the business down if you confiscate 95% to 99% of his income
and other business owners will see a lunatic is in charge and take their money out of the country




asked and answered

if you had a clue you should be asking is at what tax % does it turn from confiscation to taxation in order to support the operation of a functioning well managed government ?

the answer to that question is marginally below the tax rate which maximizes business investment by business owners into economically viable projects
get that right and tax revenues will be maximised as economic growth will accelerate

an economy requires on going business investment or it will wither and shrink

the purpose of taxation is to support the operation of a functioning well managed government

you view taxation as the vehicle for wealth redistribution and clearly a vehicle for your foolish and petty spite

you are not very bright

You are rambling about things that you are imagining. This is not about business investment, business earnings, business taxes, business or capital risk. I did not speak about any of those things.

This is about why someone earning 200K pays 50% and someone earning 250B pays 0? And paying 95% is commensurate with their earnings because the 5% still amounts to 10s of Billions.

Oh and one could argue that supporting the operation of a well functioning well managed govt. involves providing robust public services and social security. That is possible only when you take from people who have more and redistribute it to others who have less, in the form of services. So you could argue taxation is wealth redistribution by principle.

So again, when does in your mind, taxation turn into "confiscation" as you chose to characterize it? At what %? What is that number?

 

[JohnLarue]

You are rambling about things that you are imagining. This is not about business investment, business earnings, business taxes, business or capital risk. I did not speak about any of those things.

it does not matter what you spoke of or did not

if you confiscate/ tax anyone's income, business or personal @95% to 99% , business will be shut down and money will leave your country and so fast it will make your head spin

So again, when does in your mind, taxation turn into "confiscation" as you chose to characterize it? At what %? What is that number?

asked and answered

now you answer a question
What is wrong with you?

 

[Kautilya]

it does not matter what you spoke of or did not

if you confiscate/ tax anyone's income, business or personal @95% to 99% , business will be shut down and money will leave your country and so fast it will make your head spin



asked and answered

now you answer a question
What is wrong with you?

Of course it matters what I spoke of and what I did not. You are responding to me. And no you did not answer the question. What is the number? Give me a number.

 

[JohnLarue]

Of course it matters what I spoke of and what I did not.

all that matters is you want to steal. confiscate/ tax someone's income @95% to 99%

You are responding to me. And no you did not answer the question.

i am responding to you

if you confiscate/ tax anyone's income, business or personal @95% to 99% , business will be shut down and money will leave your country and so fast it will make your head spin

What is the number? Give me a number.

asked and answered

now you answer a question
What is wrong with you?

 

[Kautilya]

all that matters is you want to steal. confiscate/ tax someone's income @95% to 99%




i am responding to you

if you confiscate/ tax anyone's income, business or personal @95% to 99% , business will be shut down and money will leave your country and so fast it will make your head spin


now you answer a question
What is wrong with you?

Nothing is wrong with me. I asked at what number does taxation become confiscation according to you? Give me a number.

 

[JohnLarue]

Nothing is wrong with me.

i do not believe you
somethings gone terribly wrong if you think you have to right to steal / tax / confiscate @95 to 99%
it is just too absurd for any rational person to even think, let alone say and then repeat

I asked at what number does taxation become confiscation according to you? Give me a number.

asked and answered

now what's wrong with you?
did you stop taking your meds?

 

[Kautilya]

i do not believe you
somethings gone terribly wrong if you think you have to right to steal / tax / confiscate @95 to 99%
it is just too absurd for any rational person to even think, let alone say and then repeat


asked and answered

now what's wrong with you?

So you dont have answer. That is what I thought. All I have to do is get to specifics and you start bobbing and weaving around answering a simple question. You have no idea of what you are on about and turn into short circuited repetitive robot. As usual.

 

[JohnLarue]

So you dont have answer. That is what I thought. All I have to do is get to specifics and you start bobbing and weaving around answering a simple question. You have no idea of what you are on about and turn into short circuited repetitive robot. As usual.

i answered your question

marginally below the tax rate which maximizes business investment by business owners into economically viable projects
get that right and tax revenues will be maximised as economic growth will accelerate

now answer my question

what is wrong with you?
Did you stop taking your meds?

 

[Kautilya]

i answered your question



now answer my question

what is wrong with you?
Did you stop taking your meds?

No you did not. Point out to me where you did. You didn't. I asked you to give me a number and you couldn't answer a simple question.

 

[JohnLarue]

No you did not. Point out to me where you did. You didn't. I asked you to give me a number and you couldn't answer a simple question.

i answered your question

its not my fault you are not bright enough to understand it

marginally below the tax rate which maximizes business investment by business owners into economically viable projects
get that right and tax revenues will be maximised as economic growth will accelerate

now answer my questions

have you stopped taking your meds?
have you never heard of property rights?
What is wrong with you?

 

[Kautilya]

i answered your question

its not my fault you are not bright enough to understand it



now answer my questions

have you stopped taking your meds?
have you never heard of property rights?
What is wrong with you?

You did not. You kept repeating 95% is confiscation. I asked you at what tax % does it turn from taxation to confiscation. You dont have answer.

 

[JohnLarue]

You did not. You kept repeating 95% is confiscation. I asked you at what tax % does it turn from taxation to confiscation. You dont have answer.

sure i did

again its not my fault you are not bright enough to understand


so answer my question

explain why you do not understand why business would close and money would be pulled from the country if you tax/ confiscated anyone@ 95 to 99%

you claimed this was all in my head, but you never explained why it would not happen
you avoided that completely


so lets have it
1, explain why any business owner would even get out of bed in the morning if his hard work will just get him tax/ confiscated at 95 to 99%?
2. explain why anyone would leave $ in the country to be taxed 95 to 99%?
2. explain what is wrong with you ?

 

[JohnLarue]

You did not. You kept repeating 95% is confiscation. I asked you at what tax % does it turn from taxation to confiscation. You dont have answer.

you already made it clear you think you are taxed too much
lets tax you at 95 to 99% and see what you call it ?

what is wrong with you?

 

[Kautilya]

you already made it clear you think you are taxed too much
lets tax you at 95 to 99% and see what you call it ?

what is wrong with you?

So 95% to 99% is the range where it is confiscation. Okay, I can meet you half way and agree to 94%. Happy?

sure i did

again its not my fault you are not bright enough to understand


so answer my question

explain why you do not understand why business would close and money would be pulled from the country if you tax/ confiscated anyone@ 95 to 99%

you claimed this was all in my head, but you never explained why it would not happen
you avoided that completely


so lets have it
1, explain why any business owner would even get out of bed in the morning if his hard work will just get him tax/ confiscated at 95 to 99%?
2. explain why anyone would leave $ in the country to be taxed 95 to 99%?
2. explain what is wrong with you ?

Irrelevant.

 

[JohnLarue]

So 95% to 99% is the range where it is confiscation. Okay, I can meet you half way and agree to 94%. Happy?

not even close
it will be a cold day in hell before I agree with your lunacy

Irrelevant.

yes you are[

 

[bver_hunter]

That's nice. But doesn't explain what "fair share" means in terms of wealthier people having to pay more taxes. What is considered "fair share"?

In Ontario if someone makes more than $220k their income tax rate is 46% (federal: 33% Prov: 13%). So right off the bat, the government is taking almost half your earned income. Is that fair or unfair?
Middle class is taxed at roughly 35%. Is that a "fair share" in comparison?
Should wealthier people pay more than half of what they earn just because they earn more? If you think yes, then explain how that is fair?

As far as companies...they are in business to make money for their shareholders. As part of that, they need to employ people to support their business otherwise they go under. You can choose to buy their products or not. No one is forcing you. So complaining about profits without taking everything into consideration as a big picture is naive.
If for example Loblaws would shut down tomorrow, 200,000+ people would be unemployed. Think about the effects on the economy that would have.

Once again, this does not mean that taxes are being raised on the regular incomes of the top earners. It is just for investments where the profits are usually in the millions of dollars.
Now this has not pleased the NDP that also wanted the taxes to be raised on their incomes as well as an uptick in the Corporate Tax. Canada ranks first among the G7 nations for the ease to pay taxes and the low tax burden for small to medium size companies.

Canada's Federal and Provincial Corporate taxes are jointly just 26% as compared to 39% in the USA. That is why Jagmeet Singh was insisting on raising it, and calling it the fair share that Corporations need to contribute more. After all just the bonuses of these oligarchs are much higher than incomes of families where the parents and their children are employed in full time jobs.
Businesses should also give their employees more reasonable wages rather than just their shareholders. After all it is the Employees who make the profits to benefit the Shareholders. the Shareholders do not necessarily have to sweat it out with a 9 to 5 job 5 days a week to reap the benefits of their investments!!

 

[roddermac]

How do you know it is staged? I did not see him hiding, he addressed those haters directly.

It's staged. He's a racist. He plays the race card every chance he can. He was kicked out of the House of Commons for calling a Quebec MP a racist. His conversion to Sikhism is a bigger joke that Tim Whatley's conversion to Judaism. He's banned from entering India for a reason. He only calls white people racist. Every Canadian not wearing a turban hates him.

 

[Kautilya]

It's staged. He's a racist. He plays the race card every chance he can. He was kicked out of the House of Commons for calling a Quebec MP a racist. His conversion to Sikhism is a bigger joke that Tim Whatley's conversion to Judaism. He's banned from entering India for a reason.

Conversion to Sikhism? His family is Sikh. He is banned from entering India due to buddying around with the Khalistanis, a criticism I share. But I dont see him being racist and I certainly see no proof of those instances being staged. In what way do those things even help him? They dont.