Classic conservative move. Want tax cuts no matter the situation. Good or bad or if they are the smart thing to do at the time.
SkippyWagner on
I thought there was already a tax cut on the lowest bracket, but it looks like Ford wants additional ones for businesses? I’m not opposed but we need to be raising revenue from somewhere.
Le1bn1z on
He is free to do so himself. The bulk of federal spending is supporting the provinces through healthcare and social assistance and other transfers and transfers to individuals that Ford, in theory, supports.
The feds have, perhaps wisely, federalized a lot of major program debt in Canada, as nationally we get a better interest rate, saving us money over what we’d pay if provinces went into debt to pay for the same services.
Otherwise, Carney would need to ramp up to American, Italian or French levels of deficit spending and/or finally properly means test OAS payments.
Sir__Will on
Absolutely not! We already had an unnecessary tax cut that’s going to end in service and job cuts to pay for. We certainly don’t need more. Hell, there really should be increases on the highest end to pay for the cuts there already were, but anyway.
KvotheG on
Tax cuts aren’t necessary. Instead, eliminate as much red tape as possible at the federal level, and work with provincial counterparts to eliminate even more red tape. Businesses of all sizes, including housing developers, will benefit from this.
And the best part? You find savings and improve efficiency, as that’s one less thing a government bureaucrat needs to do or worry about, and can spend that time doing something else. Could be as simple as eliminating a required form, for example.
Bureaucracy is slow and inefficient af. Lightening their workload benefits everyone.
exit2dos on
Ford should also look to reducing the Ontario portion of HST. The HST is made up of two components: an 8% provincial component and a 5% federal component.
Wouldn’t surprise me in the least if the Feds say „You first!“
Routine_Soup2022 on
Ford is trying to out trump Trump here. Not sure what his game is.
Trickle down economics does not work. Reducing taxes will only cause people to hoard money in a crisis, not spend it.
Retaliatory tariffs are actually a tax on Canadians. That’s why carney is being cautious on that lever.
The idea that we’re going to succeed in this trade war without short term economic pain is ludicrous. You don’t stand up to bully without getting a few bruises. Ford is not acting particularly tough here.
It seems like some want to avoid any economic pain at all while getting everything we want from the U.S. relationship as well. You know what they say about people who want to have their cake and eat it too.
Instead of doing this whining, Fors should be leading people, warning them that economic pain is probably coming and offer them support both through programs and moral support. That’s what a leader does in this situation.
War ain’t pretty. We’re going to get through this just fine.
bign00b on
I don’t understand conservatives. You complain endlessly about deficits and debt, then you cut revenue sources?
Lower taxes aren’t going to keep a business facing 30% higher costs from laying off workers or cutting hours.
We also just did a tax cut we can’t afford.
Apod1991 on
Or how about proper program spending and public policies that will actually help people deal with the high host of living and stagnant wages.
-Proper Rent Control.
-Public Housing.
-Social Housing.
– Expanding further to dental and pharmacare.
Price controls and/or subsidies of sometime to bring grocery prices down.
– proper transit systems across Canada so folks can save money on transportation.
-welfare and disability benefits that are actually liveable amounts.
– paid sick days.
– increasing corporate income taxes, and highest income earners taxes to finance said programs.
Etc etc etc.
Tax cuts do almost nothing for folks with no money to begin with. They just empty governments treasuries so they can’t do anything. But allow the top 5% to keep hoarding more wealth, and it doesn’t grow the economy or help people deal with the cost of living.
johnjbreton on
Or, and here’s a crazy thought, maybe try holding back on these redonkulous projects like „Hey, let’s move the Science Centre instead of spending a fraction of the cost to repair the roof“, or „You know what we need? I new highway, but let’s put it under ground.“ wtf already??
ChimoEngr on
> Put money in the peoples’ pockets and they are going to go out and spend it
True, but of course the best way to do that, doesn’t help Ford’s rich friends, so of course he isn’t proposing it. Directly putting that money in people’s pockets, rather than taking a bit less from them in taxes, has a much larger impact. Even if the amount each person gets is the same as what they’d get from a tax reduction, getting that windfall money results in more people spending it, than if they slowly don’t lose as much through taxes.
kaiser_mcbear on
Ford: Lower Taxes!
Carney: Lowers taxes, takes out more debt to finance never-ending citizen expectationsm
Ford: Why did you increase the deficit???!!!
MyBrainReallyHurts on
Here is the part I don’t understand –
Under Wynn, I would pay $700 a year in provincial taxes, now I pay $5,000 a year in provincial taxes. But education has been cut, healthcare has been cut, and a million lother programs have been cut.
Where is the money going?
McNasty1Point0 on
Carney already reduced the income tax and removed the consumer carbon tax.
Not sure if more tax cuts are the way to go when we also want to build massive infrastructure projects.
illuminaughty1973 on
ontario needs tax cuts because……
the united states just added massive taxes to everything.
we can not compete with the new higher tax rates in usa.
i will give ford that of the useless traitorous piece of shit conservative premeires we ahve in this country, i dislike him far less ten the others.
Leave A Reply
Du musst angemeldet sein, um einen Kommentar abzugeben.
15 Kommentare
Classic conservative move. Want tax cuts no matter the situation. Good or bad or if they are the smart thing to do at the time.
I thought there was already a tax cut on the lowest bracket, but it looks like Ford wants additional ones for businesses? I’m not opposed but we need to be raising revenue from somewhere.
He is free to do so himself. The bulk of federal spending is supporting the provinces through healthcare and social assistance and other transfers and transfers to individuals that Ford, in theory, supports.
The feds have, perhaps wisely, federalized a lot of major program debt in Canada, as nationally we get a better interest rate, saving us money over what we’d pay if provinces went into debt to pay for the same services.
Otherwise, Carney would need to ramp up to American, Italian or French levels of deficit spending and/or finally properly means test OAS payments.
Absolutely not! We already had an unnecessary tax cut that’s going to end in service and job cuts to pay for. We certainly don’t need more. Hell, there really should be increases on the highest end to pay for the cuts there already were, but anyway.
Tax cuts aren’t necessary. Instead, eliminate as much red tape as possible at the federal level, and work with provincial counterparts to eliminate even more red tape. Businesses of all sizes, including housing developers, will benefit from this.
And the best part? You find savings and improve efficiency, as that’s one less thing a government bureaucrat needs to do or worry about, and can spend that time doing something else. Could be as simple as eliminating a required form, for example.
Bureaucracy is slow and inefficient af. Lightening their workload benefits everyone.
Ford should also look to reducing the Ontario portion of HST. The HST is made up of two components: an 8% provincial component and a 5% federal component.
Wouldn’t surprise me in the least if the Feds say „You first!“
Ford is trying to out trump Trump here. Not sure what his game is.
Trickle down economics does not work. Reducing taxes will only cause people to hoard money in a crisis, not spend it.
Retaliatory tariffs are actually a tax on Canadians. That’s why carney is being cautious on that lever.
The idea that we’re going to succeed in this trade war without short term economic pain is ludicrous. You don’t stand up to bully without getting a few bruises. Ford is not acting particularly tough here.
It seems like some want to avoid any economic pain at all while getting everything we want from the U.S. relationship as well. You know what they say about people who want to have their cake and eat it too.
Instead of doing this whining, Fors should be leading people, warning them that economic pain is probably coming and offer them support both through programs and moral support. That’s what a leader does in this situation.
War ain’t pretty. We’re going to get through this just fine.
I don’t understand conservatives. You complain endlessly about deficits and debt, then you cut revenue sources?
Lower taxes aren’t going to keep a business facing 30% higher costs from laying off workers or cutting hours.
We also just did a tax cut we can’t afford.
Or how about proper program spending and public policies that will actually help people deal with the high host of living and stagnant wages.
-Proper Rent Control.
-Public Housing.
-Social Housing.
– Expanding further to dental and pharmacare.
Price controls and/or subsidies of sometime to bring grocery prices down.
– proper transit systems across Canada so folks can save money on transportation.
-welfare and disability benefits that are actually liveable amounts.
– paid sick days.
– increasing corporate income taxes, and highest income earners taxes to finance said programs.
Etc etc etc.
Tax cuts do almost nothing for folks with no money to begin with. They just empty governments treasuries so they can’t do anything. But allow the top 5% to keep hoarding more wealth, and it doesn’t grow the economy or help people deal with the cost of living.
Or, and here’s a crazy thought, maybe try holding back on these redonkulous projects like „Hey, let’s move the Science Centre instead of spending a fraction of the cost to repair the roof“, or „You know what we need? I new highway, but let’s put it under ground.“ wtf already??
> Put money in the peoples’ pockets and they are going to go out and spend it
True, but of course the best way to do that, doesn’t help Ford’s rich friends, so of course he isn’t proposing it. Directly putting that money in people’s pockets, rather than taking a bit less from them in taxes, has a much larger impact. Even if the amount each person gets is the same as what they’d get from a tax reduction, getting that windfall money results in more people spending it, than if they slowly don’t lose as much through taxes.
Ford: Lower Taxes!
Carney: Lowers taxes, takes out more debt to finance never-ending citizen expectationsm
Ford: Why did you increase the deficit???!!!
Here is the part I don’t understand –
Under Wynn, I would pay $700 a year in provincial taxes, now I pay $5,000 a year in provincial taxes. But education has been cut, healthcare has been cut, and a million lother programs have been cut.
Where is the money going?
Carney already reduced the income tax and removed the consumer carbon tax.
Not sure if more tax cuts are the way to go when we also want to build massive infrastructure projects.
ontario needs tax cuts because……
the united states just added massive taxes to everything.
we can not compete with the new higher tax rates in usa.
i will give ford that of the useless traitorous piece of shit conservative premeires we ahve in this country, i dislike him far less ten the others.