Mike's Daily Comment

BC Using Carbon Tax To Raise Revenue

BC Joins Alberta in using the carbon tax to raise general revenues, just like any other tax. And in the process dramatically changes the cost/benefit analysis. 

….related: Taxes, Taxes, And Even More Taxes

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Taxes, Taxes, And Even More Taxes

 

BC’s Government is going to raise taxes on corporations plus and increase in taxes on the “rich”, or those earning $150K +. Thats on top of the Federal Liberals raising the costliest taxes of all on entreprenuers and small business. 

….also from Michael: Don’t Change a Thing!

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Don’t Change Anything!

 

Often in  elections people vote for change, though in BC’s case its likely that most voters are happy that BC leads the country in economic performance. Basically if the new NDP Government makes no changes at all, BC is a growth powehouse. Growth is projected to be between 3 – 3.5% this year and job growth 5.4% this year and next.

…..also Michael’s Editorial: It’s a Tax Battle Royal

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More Canadians Need To Pay Their Fair Share of Taxes

 

The uproar over the Liberal Government’s tax rule changes come from their broad broom sweeping in ever more tax dollars from people they’ve promoted to “rich status”. Now those making less than 200K a year are going to be contributing to the extra 250 million in tax dollars the Liberals expect to collect. 

….also from Michael: Surprise! BOC Raises Rates Unexpectedly

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Our Never Ending Deficit Spending

 

Finance Minister Morneau and Prime Minister Trudeau confirmed what Money Talks has been saying for more than a year….that the past and current deficit spending was not about stimulating the economy!

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