Comments on: Higher Taxes in the Offing? http://www.canadiancapitalist.com/higher-taxes-in-the-offing/ Helping you invest and prosper Sat, 11 Feb 2012 19:27:54 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: MFP http://www.canadiancapitalist.com/higher-taxes-in-the-offing/#comment-198944 MFP Thu, 27 Aug 2009 07:43:30 +0000 http://www.canadiancapitalist.com/?p=2840#comment-198944 A substantial rise in taxes may prompt the smarter section of the population to move to a different country where taxes are less excessive. A substantial rise in taxes may prompt the smarter section of the population to move to a different country where taxes are less excessive.

]]> By: Intelligent Speculator | Financial Ramblings http://www.canadiancapitalist.com/higher-taxes-in-the-offing/#comment-197961 Intelligent Speculator | Financial Ramblings Sat, 15 Aug 2009 16:25:58 +0000 http://www.canadiancapitalist.com/?p=2840#comment-197961 [...] cost of vacations -A new trade from MTJ, FCX options! -Canadian Capitalist discusses the rumors of higher taxes -A V-shaped recovery in the making? -Are financial ETF’s signaling a pullback? -Very [...] [...] cost of vacations -A new trade from MTJ, FCX options! -Canadian Capitalist discusses the rumors of higher taxes -A V-shaped recovery in the making? -Are financial ETF’s signaling a pullback? -Very [...]

]]> By: Martin http://www.canadiancapitalist.com/higher-taxes-in-the-offing/#comment-197891 Martin Fri, 14 Aug 2009 21:28:52 +0000 http://www.canadiancapitalist.com/?p=2840#comment-197891 @ sapphire - Only for those who believe that raising taxes when they are already quite high is something reasonable. @ sapphire – Only for those who believe that raising taxes when they are already quite high is something reasonable.

]]> By: sapphire http://www.canadiancapitalist.com/higher-taxes-in-the-offing/#comment-197890 sapphire Fri, 14 Aug 2009 21:09:18 +0000 http://www.canadiancapitalist.com/?p=2840#comment-197890 Why is it that Alexandra seems to be the voice of reason in every thread? :-) Why is it that Alexandra seems to be the voice of reason in every thread? :-)

]]> By: Alexandra http://www.canadiancapitalist.com/higher-taxes-in-the-offing/#comment-197862 Alexandra Fri, 14 Aug 2009 14:30:23 +0000 http://www.canadiancapitalist.com/?p=2840#comment-197862 My hope is that we can continue to carry the defecit (and yes that means borrowing and paying interest) and NOT rasie taxes until the economy improves a little. When the economy improves, we'll all not mind so much a small increase in income and consumer taxes. I don't understand why our government just does not automatically raise taxes in good times and decrease them in bad times, as a policy. Brendan, are you suggesting that a Down Syndrome kid who needs extra support all his life be put on a "pay" system? In society, there are those who have more capacity for success and those who have less. It's just the luck of the draw, really. I am lucky to be born healthy, smart, and into a middle-class family where I learned values that helped foster a hardworking ethic that has led to some success. I am more than willing to help subsudize those who have not been so lucky. Up to a point, of course ;-) My hope is that we can continue to carry the defecit (and yes that means borrowing and paying interest) and NOT rasie taxes until the economy improves a little.

When the economy improves, we’ll all not mind so much a small increase in income and consumer taxes.

I don’t understand why our government just does not automatically raise taxes in good times and decrease them in bad times, as a policy.

Brendan, are you suggesting that a Down Syndrome kid who needs extra support all his life be put on a “pay” system?

In society, there are those who have more capacity for success and those who have less. It’s just the luck of the draw, really. I am lucky to be born healthy, smart, and into a middle-class family where I learned values that helped foster a hardworking ethic that has led to some success. I am more than willing to help subsudize those who have not been so lucky.

Up to a point, of course ;-)

]]> By: A Week in Review: Edition #12 - Married And Back From Hawaii | My Findependence Day http://www.canadiancapitalist.com/higher-taxes-in-the-offing/#comment-197851 A Week in Review: Edition #12 - Married And Back From Hawaii | My Findependence Day Fri, 14 Aug 2009 11:35:36 +0000 http://www.canadiancapitalist.com/?p=2840#comment-197851 [...] Canadian Capitalist is wondering if tax increases are just around the corner so governments can make up for the large deficits incurred during this recession. [...] [...] Canadian Capitalist is wondering if tax increases are just around the corner so governments can make up for the large deficits incurred during this recession. [...]

]]> By: Canadian Personal Finance Blog » Blog Archive » Random Thoughts: TGIF http://www.canadiancapitalist.com/higher-taxes-in-the-offing/#comment-197837 Canadian Personal Finance Blog » Blog Archive » Random Thoughts: TGIF Fri, 14 Aug 2009 07:04:24 +0000 http://www.canadiancapitalist.com/?p=2840#comment-197837 [...] Canadian Capitalist wondered if Higher Taxes are Coming, how else is the Government ever going to get back to a balanced [...] [...] Canadian Capitalist wondered if Higher Taxes are Coming, how else is the Government ever going to get back to a balanced [...]

]]> By: Weekly Round Up-Win Premium Subscription to Pocketsmith Edition | Financial Highway http://www.canadiancapitalist.com/higher-taxes-in-the-offing/#comment-197835 Weekly Round Up-Win Premium Subscription to Pocketsmith Edition | Financial Highway Fri, 14 Aug 2009 06:38:25 +0000 http://www.canadiancapitalist.com/?p=2840#comment-197835 [...] Canadian Capitalist has a great discussion going on possible tax hikes [...] [...] Canadian Capitalist has a great discussion going on possible tax hikes [...]

]]> By: A Lap Of The Blogs : WhereDoesAllMyMoneyGo.com http://www.canadiancapitalist.com/higher-taxes-in-the-offing/#comment-197825 A Lap Of The Blogs : WhereDoesAllMyMoneyGo.com Fri, 14 Aug 2009 03:42:49 +0000 http://www.canadiancapitalist.com/?p=2840#comment-197825 [...] Canadian Capitalist posits that with large deficits, tax increases may not be too far away. [...] [...] Canadian Capitalist posits that with large deficits, tax increases may not be too far away. [...]

]]> By: DAvid http://www.canadiancapitalist.com/higher-taxes-in-the-offing/#comment-197820 DAvid Fri, 14 Aug 2009 02:20:41 +0000 http://www.canadiancapitalist.com/?p=2840#comment-197820 @Sapphire, Problem is the School Board budget and the health care budget are not linked, and there is a huge timeline disconnect between the inputs (exercise) and the results (long term health). Until such time as the budget is truly global, you will not see one agency funding activities that benefit another. We are already seeing communities charging extra fees to individuals from outside their municipality. They will run programs for their taxpayers, but not for those from neighbouring towns. So even the communities you speak of are not likely offering rec programs altruistically. Their taxpayers agreed to fund the! In similar fashion, the school board is not likely to expend it's budget to benefit the illness care system, specially when Health Ministries themselves pay lip service to their preventive health divisions. In Canada, 98% of health care spending is acute care. Less than 2% is spent on preventive health. I look forward to the subsidies you are prepared to support for nutritional foods. If we make good food free, we will all live healthier, and we can reap the health dividend, right? The real question becomes how much is one part of society prepared to pay, so another part reaps the benefit? Many contributors to this topic seem to be largely unsupportive of increasing their costs for others' benefit -- where are the altruists? Everyone wants something for nothing, myself included, however, we all expect a decent paycheque, a reasonable standard of living, etc. Eventually, someone has to pay the piper, the consumer pays, or the taxpayer pays. You can have both, but you can't have neither. DAvid @Sapphire,
Problem is the School Board budget and the health care budget are not linked, and there is a huge timeline disconnect between the inputs (exercise) and the results (long term health). Until such time as the budget is truly global, you will not see one agency funding activities that benefit another. We are already seeing communities charging extra fees to individuals from outside their municipality. They will run programs for their taxpayers, but not for those from neighbouring towns. So even the communities you speak of are not likely offering rec programs altruistically. Their taxpayers agreed to fund the! In similar fashion, the school board is not likely to expend it’s budget to benefit the illness care system, specially when Health Ministries themselves pay lip service to their preventive health divisions. In Canada, 98% of health care spending is acute care. Less than 2% is spent on preventive health.

I look forward to the subsidies you are prepared to support for nutritional foods. If we make good food free, we will all live healthier, and we can reap the health dividend, right? The real question becomes how much is one part of society prepared to pay, so another part reaps the benefit? Many contributors to this topic seem to be largely unsupportive of increasing their costs for others’ benefit — where are the altruists?

Everyone wants something for nothing, myself included, however, we all expect a decent paycheque, a reasonable standard of living, etc. Eventually, someone has to pay the piper, the consumer pays, or the taxpayer pays. You can have both, but you can’t have neither.

DAvid

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