Mike's Daily Comment
Surprise or maybe not – new stats make clear that pay people not to work and some won’t but that’s not the only problem with UBI.
Especially given that innovation is the offspring of competition – and dare we say it…capitalism. And there are no shortage of anti-capitalists. But at what cost?
Mike asks a straightforward but pivotal question in advance of the federal election campaign. The trillion dollar man weighs in on the inflation debate. Big Picture Trading’s Patrick Ceresna on the one thing all investors should do Now. A shocking stat on innovation – or lack of it plus a goofy you shouldn’t miss.
Canada has the third highest marginal tax rates in the world. GST and PST (except Alberta) on everything you buy for your business. Payroll taxes for every employee. A carbon tax on deliveries and transportation and some politicians say it’s not enough.
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Inside Edge Pro Contributors
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Patrick Ceresna
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The Biggest Winner if Inflation Comes Roaring Back
Posted by Michael Campbell
on Wednesday, 21 July 2021 5:49
Not most of us because our pay cheques don’t keep up with inflation. The big winners are borrowers and who’s the biggest borrower of them all?