Increasing tax rates doesn't increase tax receipts that much.This quote is hidden because you are ignoring this member. Show Quote
Increasing tax rates doesn't increase tax receipts that much.This quote is hidden because you are ignoring this member. Show Quote
Taxpayers are always fucked.This quote is hidden because you are ignoring this member. Show Quote
Originally posted by Thales of Miletus
If you think I have been trying to present myself as intellectually superior, then you truly are a dimwit.
Originally posted by Toma
fact.This quote is hidden because you are ignoring this member. Show Quote
How much extra will we pay a year in debt servicing? Is it a significant part of the budget? My assumption is it won't make a drastic change.. not like any government plans to pay down debt
True, nothing a government does really increases government revenue. External forces are larger factors.This quote is hidden because you are ignoring this member. Show Quote
This quote is hidden because you are ignoring this member. Show Quote
This quote is hidden because you are ignoring this member. Show Quote
Probably not to the same extent, especially since were going to have an additional burden on the provincial level from the healthcare sector (the initial federal money won't cover it all), while a lot of that is picked up by the private sector in the states. Then there's our provincial debt loads. The debt to GDP for all US states is between 5-22%. Only Alberta, BC, and Saskatchewan would fall in that range, the rest of Canada has debt to GDP ratios of 34 to 50%.
It's just the game. I don't make the rules obvs but I'll play along.This quote is hidden because you are ignoring this member. Show Quote
I am user #49Originally posted by rage2
Shit, there's only 49 users here, I doubt we'll even break 100
they will still tryThis quote is hidden because you are ignoring this member. Show Quote
The world is just going to go Zimbabwe.
Governments of the world will just print cash, devalue their currencies, monetize debt, and say FU to retirees and savers. After all, debt creates economic growth so good on those who leverage themselves up to the tits and F-those who try to responsibly save and rely on the pensions provided to them by previous governments they voted for to fund their retirement. Public debt and generous handouts will fund their retirement. Who cares. Why bother working or saving at all?
People are so busy worrying about pulling down historic statues and taking offence at a 140 character tweet that they have no idea how money, taxation, economics, or debt works.
Fuck this. I'm buying a farm somewhere sunny.
I sort of agree. The world is not setting up to reward savers or those who accumulate wealth. If you are anything approaching middle-class, barriers are increasing, and benefit decreasing to moving upwards any reasonable amount.
It kind of flies in the face of conventional personal finance thinking of the last several decades, but maybe spending every penny makes more sense? I don't know.
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I sure as hell wouldn't be owning bonds based on a % of my age. Although I guess if yields go negative in more countries the "risk free" rate of 1% may be desirable to those funds who are stuck in pre-Zim times.This quote is hidden because you are ignoring this member. Show Quote
Just be careful, you don't want to be a land owner when communist revolution comes.This quote is hidden because you are ignoring this member. Show Quote
THIS is becoming a genuine concern of mine.This quote is hidden because you are ignoring this member. Show Quote
"Masked Bandit is a gateway drug for frugal spending." - Unknown303
The real concern is no one seems to care if we do go that wayThis quote is hidden because you are ignoring this member. Show Quote
Originally posted by Thales of Miletus
If you think I have been trying to present myself as intellectually superior, then you truly are a dimwit.
Originally posted by Toma
fact.This quote is hidden because you are ignoring this member. Show Quote
$340B spent, 8500ish people died so that's like $40million a person. Job well done.
I don’t think I could come up with a worse way to describe the situation. Bravo on that.This quote is hidden because you are ignoring this member. Show Quote
Originally posted by Thales of Miletus
If you think I have been trying to present myself as intellectually superior, then you truly are a dimwit.
Originally posted by Toma
fact.This quote is hidden because you are ignoring this member. Show Quote
Nothing a bulldozer couldn't fix.This quote is hidden because you are ignoring this member. Show Quote
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I feel like this is relevant to this thread: https://www.ctvnews.ca/mobile/politi...orts-1.5015665
Even if it can't, for those demolition prices you can afford to make as many mistakes you want.This quote is hidden because you are ignoring this member. Show Quote