Mike's Daily Comment
The results of a study by the Calgary University School of Public Policy concludes that wages drop by more than a dollar for every dollar increase in corporate taxes. These results make it surprising that workers support their leaders demands for higher corporate taxes!
…also from Mike: They’ve Made Promises They Know They Can’t Keep
Trudeau did not get around to talking about the global refugee crisis, North Korea, the genocide in Myanmar, but he did take the opportunity to tell the United Nations about Canada’s new tax changes to private corporations!
….also from Michael: Interest Rates Will Be Rising
Yesterday the Federal Reserve announced a change in strategy and the big question – will it trigger a decline in stocks, collectibles, art and real estate markets? It’s certainly goodbye to record low interest rates as they announced 4 rate increases to the end of 2018. Mike says pay attention, something big is in the air.
….related from Michael: The Fed Announces a Game Changer
If you get a high school education, wait until 21 before marrying or having a baby, and work full time you’ve only a 2 % chance of living in poverty, and a 70% chance of earning $55,000 plus. To bad our school system doesn’t tell our children about these positive consequences. Even worse children aren’t told in school the extremely negative consequences of breaking 1, 2, or all 3 of the rules.
…..also from Michael: Economics Is The Study Of Incentives
Vilifying Those Who Make Less Than The Prime Minister
Posted by Michael Campbell
on Tuesday, 26 September 2017 15:09
During the election campaign, the Trudeau Liberals vilified those that made $200,000 or more. Now that number has dropped substantially to $150,000. A ridiculously low number given you have to make $350,000 to qualify for a mortgage on the cheapest single detached home in Vancouver. Where does this politics of division lead?
….also from Michael: Finally a leader tells the truth about the UN