The Proposed Budget....

[Silverwinged]

Originally Posted by LastWerd

Omg, for the most part I am just joking around.
And yea it doesn't effect me much of today, its only a proposal so far. I know it will, but I don't really fall into many categories of what is happening.

Like Carlos said, am I the only one that feels .5% richer?

well you do sort of have a point.

the government most of canada put in place IS a joke.
hook, line and sinker.

[impure]

Originally Posted by LastWerd

Omg, for the most part I am just joking around.
And yea it doesn't effect me much of today, its only a proposal so far. I know it will, but I don't really fall into many categories of what is happening.

Like Carlos said, am I the only one that feels .5% richer?

joking around about a government that has so much control over how your life goes is probably not wise. and the way in which you "joked around" certainly didn't appear to be joking words. rather ignorant ones
i see a trend here....

[fable]

Originally Posted by Cdn_Brdr

While I'm not a Tory supporter I'm not going to flip out on the budget just because of that. Bottom line is that there's good and bad, as with every single budget handed down for as long as I can remember. You can't make everyone happy right?

Increasing the lowest tax bracket a half percent to 15.5% is definitely a shame but to a lot of you I think you might not fall in that category anyways. I'll admit that I'm lucky enough to not fall in that bracket but then again it doesn't really matter in the long run. Canada is one of the most heavily taxed nations in the world so we're really just used to it.

For some of the good things I think a lot of the little ravers on here won't understand and/or benefit from them until they're older so they'll bitch about it until the cows come home. From what I see this is very much a family centred budget. Tax credits for putting your children in sports (sorry all, thumbs up for that), $1200 a year for child care (not much BUT it's more than they were getting before and is hopefully a decent start). Keep in mind that this credit in no way reduces the Canada Child Tax Benefit or GST credit for families either.... it's $100 more a month to the amount that families already receive. They can still write off the same amount for their child care expenses too so they aren't being penalized in taxes for what they're being given.

The GST reduction is just a drop in the bucket for most people's everyday spending but will be more beneficial over time. Save a buck here, some change there.... if you ever make a big purchase you'll save significant money.

Like I said, you do have to weigh out the good and the bad and while there are definitely some key details that I don't approve of I do have to try and look at some of the ones I do. For me I'll save almost $300 a year alone on the tax credit for transit passes, I'll save with the tax credit for kids in sports (my kiddo plays hockey), and I'll receive tax credits for post-secondary text book purchases.... lucky me.

I honestly think my biggest peeve is everyone who falls into the 'give me something for nothing' group. I support helping out families, don't get me wrong. As a matter of fact I've benefited from the Child Tax Benefit myself. What starts to get to me is people demanding more money for essentially doing nothing. Now maybe not in this instance (ie: the $1200 for families per year) what happened to people being happy with what they're already being given and since when did it become acceptable to say 'GIVE ME MONEY' but not actually do anything to get it? Just another facet of our 'ME, ME, ME, ME!' society.

gross oversimplification with no context = this post

[LastWerd]

Originally Posted by impure

joking around about a government that has so much control over how your life goes is probably not wise. and the way in which you "joked around" certainly didn't appear to be joking words. rather ignorant ones
i see a trend here....

ok, why the hell would I take it so seriously on fnk. you need to relax.
If all of you are so concerned, protest, write letters, vote! Fnk is not going to help you.

[fable]

Originally Posted by ebbomega

Increased military spending and decreased taxes on the rich.

BOY DIDN'T SEE THAT ONE COMING.

At the very least the conservatives are consistent.

hehe....

[PwInCeSs]

Originally Posted by LastWerd

ok, why the hell would I take it so seriously on fnk. you need to relax.
If all of you are so concerned, protest, write letters, vote! Fnk is not going to help you.

Doesnt mean that people cant have a serious discussion on here now does it? What does where people are talking about this have to do with the fact it is something that does affect everyone in one way or another.

[hardstylin]

1.125 billion is not that much cash

our military is pretty bunk gear wise, im sure alot of this will go to simply upgrading out of date gear.

and just because everyone is anti war dont forget that the military is a job for a shit load of people its there way of life and the deserve to start using equipment that isnt from the 80's :)

[impure]

Originally Posted by PwInCeSs

Doesnt mean that people cant have a serious discussion on here now does it? What does where people are talking about this have to do with the fact it is something that does affect everyone in one way or another.

i think she just doesn't function on that kind of level.

[Silverwinged]

Originally Posted by impure

i think she just doesn't function on that kind of level.

ZINNNNNNNG.

[miss.myra]

To clarify, I don't think Canada voted in the tories as much as they wanted to vote out the liberals.

I've always been opposed to cutting the GST. This cut focuses more on spending rather than saving, and again, people who can afford to spend more money on stuff (ie wealthier people) will see the most impact. Even a lot of conservative economists disagree with this tactic because it will become something that will be very hard to recoup in costs.


(stephen harper eats babies!)

[ebbomega]

Originally Posted by miss.myra

(stephen harper eats babies!)

quoted for truth

[Capt.AA]

Originally Posted by miss.myra

To clarify, I don't think Canada voted in the tories as much as they wanted to vote out the liberals.

what exactly did the Liberals do to piss everyone off? The sponsorship scandal was the Liberals fault, I will not deny that. However, the guy that was at fault, retired. So why did we have an election? It was just a complete waste of time and tax money.

This country successfully made us more open to terrorist attacks. Remember how Tony Blair was always around Bush...look what happened to him and the British soldiers. Harper does all this PR with Bush...Afghanistan gets jacked up a notch while that was happening.

The Liberals kept out of the bullshit and ran this country very well. Voting them out is setting us back in a very big way.

[C_squared]

Originally Posted by miss.myra

(stephen harper eats babies!)

Originally Posted by ebbomega

quoted for truth

Nah, that doesn't make any sense. Harper is against abortion. It's most likely he will just make babies poor and miserable, then ship 'em overseas with riffles.

[impure]

Originally Posted by C_squared

Nah, that doesn't make any sense. Harper is against abortion. It's most likely he will just make babies poor and miserable, then ship 'em overseas with riffles.

quoted for truth!

[miss.myra]

Originally Posted by C_squared

Nah, that doesn't make any sense. Harper is against abortion. It's most likely he will just make babies poor and miserable, then ship 'em overseas with riffles.

Umm, guessing you missed the news on monday.

[C_squared]

Originally Posted by miss.myra

Umm, guessing you missed the news on monday.

I read & watch the news. link me.

[Senior]

Originally Posted by miss.myra

To clarify, I don't think Canada voted in the tories as much as they wanted to vote out the liberals.

I've always been opposed to cutting the GST. This cut focuses more on spending rather than saving, and again, people who can afford to spend more money on stuff (ie wealthier people) will see the most impact. Even a lot of conservative economists disagree with this tactic because it will become something that will be very hard to recoup in costs.


(stephen harper eats babies!)

You're actually a little mixed up in your analysis of the GST cut. It's actually in relative terms more beneficial to low income earners. The reason is that rich people spend a much lower ratio of their income on goods and services than poor people do. I'm not poor but basically live cheque to cheque and spend a large portion of every cheque on goods and services. Compare that to a rich person who saves 50% or more of their earnings in investments and such. While they may spend more on GST in total they spend much less relative to their income. This will apply to nearly any sales or flat tax scheme.

Also as for recovering costs of cutting the GST. Conservative governments like to run massive deficits when they take power, they then have justification to make massive cuts to services. The only reason they haven't done this yet is that they only have a minority. If Harper gets a majority and it's very possible he might then be ready for massive tax cuts followed by massive cuts to every thing else. The massive tax cuts are always supposed to pay for themselves by magically generating massive economic growth despite the fact their is empirical evidence to suggest otherwise. Anyone remember Gordo promising that the 25% cut to provincial income tax would pay for it's self? Well it didn't. (Feel free to quote this for truth)

[Ragga_Wh0re]

im thinking that steven harper will not be premier for much longer!there is no way his budget will go ahead without the support of the liberals or the ndp,sure hes got bloc but thats only 1 out of 3.

If the budget does go ahead by some random act of satan,then i will most definately be hitting up my MP`s and raising a shit storm.

[C_squared]

*ahem* Prime Minister :202:

[Ragga_Wh0re]

^thanks losifer.this baby brain is bad ass.

[j3rk]

Budget wasn't as bad as it could have been. I'm not a fan in the "spend more to save more" policies of the conservatives, but they didn't do all that much. I'm currious to see if the bloc asks for changes to it. Hopefully they'll add some other goodies to it.

^ BTW the CONs only need the bloc to support the budget ... and they will.

I'm looking forward to my tax cuts for private health care so i can finally afford a proper physical.

[mapleleaf4ever]

Originally Posted by Cdn_Brdr

While I'm not a Tory supporter I'm not going to flip out on the budget just because of that. Bottom line is that there's good and bad, as with every single budget handed down for as long as I can remember. You can't make everyone happy right? *edited for brevity*

Well said Shawn. Too many people bitch and complain without reading through the finer points.

I personally have no problems with the Budget. With regards to us being heavily taxed... we've got nothing on the Scandinavian Nations at all. But they also have a lot more Social Programs than us. Even in the UK Students that maintain a certain average get their University paid for as far as I understand.

At least we're not the USA. Then we'd have a moron in charge AND high taxes! I'll take the lesser of the two evils thanx.

P.S. I'd karma you for your response but I have to whore it around some more.

[fable]

Originally Posted by mapleleaf4ever

Well said Shawn. Too many people bitch and complain without reading through the finer points.

I personally have no problems with the Budget. With regards to us being heavily taxed... we've got nothing on the Scandinavian Nations at all. But they also have a lot more Social Programs than us. Even in the UK Students that maintain a certain average get their University paid for as far as I understand.

At least we're not the USA. Then we'd have a moron in charge AND high taxes! I'll take the lesser of the two evils thanx.

P.S. I'd karma you for your response but I have to whore it around some more.

You're warped mate.

[fable]

Well said Shawn. Too many people bitch and complain without reading through the finer points.

Jesus man, any more of these comments and im going to have to call in search and rescue from saving your ass from drowning in irony.

Perhaps we need to defer to more deep analytical comments like these:

honestly think my biggest peeve is everyone who falls into the 'give me something for nothing' group. I support helping out families, don't get me wrong. As a matter of fact I've benefited from the Child Tax Benefit myself. What starts to get to me is people demanding more money for essentially doing nothing. Now maybe not in this instance (ie: the $1200 for families per year) what happened to people being happy with what they're already being given and since when did it become acceptable to say 'GIVE ME MONEY' but not actually do anything to get it? Just another facet of our 'ME, ME, ME, ME!' society.

[SEAN!]

the one percent cut in the gst means a lost of 3.25 billion in revenues, if they took the same revenue hit but applied that tax cut to a reduction in capital gains or corporate income taxes we'd see huge long term gains. the g.s.t cut is just such a waste. raising the lowest tax rate is a bad move people who make less then 25k a year shouldnt pay taxes at all. Tax credits are a waste, they should just implement a flat tax and let people decide how to spend their money, it would be alot more efficient and better for all of us in the long run.