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Re: Forum gossip thread by DKG

Here’s why Australians make more money than Canadians

Started by Thiel, March 23, 2022, 10:12:36 PM

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Anonymous

Despite the revenue geyser thanks to inflation, governments are hammering us with more taxes. Ottawa is moving ahead with its carbon tax increase of $10 on April 1st, which will further fan energy prices.



The new, ill-advised luxury tax on automobiles, private planes and yachts could well result in job losses as many taxpayers avoid the tax. Limitations on interest deductions under the corporate income tax will discourage investment, especially for resource and manufacturing firms with long-lived capital.



Raising taxes is the wrong course. If we want economic growth and sustainable budgets, governments should hold the line on spending and not increase taxes. With high commodity prices and strong nominal GDP growth, the federal government will be flush with cash. Not only could its final deficit fall by over half the predicted level this fiscal year, but it could balance its budget in two to three years without raising taxes. Of course, to do that it would have to stop spending like a mall shopper who has just won a five-minute shopping spree.



Taxes, regulations and a religious aversion to ressource development are the reason we have fallen behind Australia.

Frood

We might pay less on certain things, but we pay heaps on most things.



That's why our wages are jacked.



A medium fast food meal here costs 12-15 dollars. A pack of 30 cigarettes is 42-56 dollars. Every bottle of whiskey coming into this country attracts an approximate 25 dollar fee by our tax offices.... and that's just for standard dilutions like 37 to 42% percent.



We pay and pay and pay for anything of quantity or quality.
Blahhhhhh...

Anonymous

Quote from: "Dinky Dazza" post_id=444647 time=1648219909 user_id=1676
We might pay less on certain things, but we pay heaps on most things.



That's why our wages are jacked.



A medium fast food meal here costs 12-15 dollars. A pack of 30 cigarettes is 42-56 dollars. Every bottle of whiskey coming into this country attracts an approximate 25 dollar fee by our tax offices.... and that's just for standard dilutions like 37 to 42% percent.



We pay and pay and pay for anything of quantity or quality.

But, you attract investment and thanks to Trudeau, we scare it away.

Frood

Quote from: seoulbro post_id=444655 time=1648220614 user_id=114
Quote from: "Dinky Dazza" post_id=444647 time=1648219909 user_id=1676
We might pay less on certain things, but we pay heaps on most things.



That's why our wages are jacked.



A medium fast food meal here costs 12-15 dollars. A pack of 30 cigarettes is 42-56 dollars. Every bottle of whiskey coming into this country attracts an approximate 25 dollar fee by our tax offices.... and that's just for standard dilutions like 37 to 42% percent.



We pay and pay and pay for anything of quantity or quality.

But, you attract investment and thanks to Trudeau, we scare it away.


I don't believe we attract any meaningful investments.... aside from the real estate bubbles. We're far away, have no ability to meaningfully refine our oils, have no auto business since 2014-2015, have fuck all pharmaceutical manufacturing except what raw goods we get from Asia. In every key industry except mining and agriculture, we're off the board.



We're a lost continent these days.
Blahhhhhh...

Anonymous

Quote from: "Dinky Dazza" post_id=444659 time=1648221589 user_id=1676
Quote from: seoulbro post_id=444655 time=1648220614 user_id=114
Quote from: "Dinky Dazza" post_id=444647 time=1648219909 user_id=1676
We might pay less on certain things, but we pay heaps on most things.



That's why our wages are jacked.



A medium fast food meal here costs 12-15 dollars. A pack of 30 cigarettes is 42-56 dollars. Every bottle of whiskey coming into this country attracts an approximate 25 dollar fee by our tax offices.... and that's just for standard dilutions like 37 to 42% percent.



We pay and pay and pay for anything of quantity or quality.

But, you attract investment and thanks to Trudeau, we scare it away.


I don't believe we attract any meaningful investments.... aside from the real estate bubbles. We're far away, have no ability to meaningfully refine our oils, have no auto business since 2014-2015, have fuck all pharmaceutical manufacturing except what raw goods we get from Asia. In every key industry except mining and agriculture, we're off the board.



We're a lost continent these days.

I believe it was Seoul who posted a long time ago about foreign investment in Australia's resource industry..



We used to get that too before Justin Trudeau became prime minister.

Anonymous

Australia is going to make it''s own trains, trams, and ferries again.



AUSTRALIA TO MAKE OUR OWN TRAINS, TRAMS AND FERRIES AGAIN

https://www.advanceaustralia.org.au/australia_to_make_our_own_trains_trams_and_ferries_again?fbclid=IwAR1b4Ji-EJieIM-MKFHoITkb4fcB9yEtV0TZ-6loV6DjOKlKy9vo3gEWqLQ">https://www.advanceaustralia.org.au/aus ... 9vo3gEWqLQ">https://www.advanceaustralia.org.au/australia_to_make_our_own_trains_trams_and_ferries_again?fbclid=IwAR1b4Ji-EJieIM-MKFHoITkb4fcB9yEtV0TZ-6loV6DjOKlKy9vo3gEWqLQ

Anonymous

Trudeau has primed the pump with a lot of taxpayer money even before the pandemic. It has been inflationary and of course doubled the federal debt. What it hasn't delivered are the good paying jobs we were assured it would before the 2015 election.