Quote:
Originally Posted by TylerSVT
I get that, but were talking about scarce resources. Its not like they are making production uneconomical, they are just limiting the amount of surplus value that the company will see. And with the Scarce markets the companies know full well that they need the resources that they are feeding off of(like oil or mining).
I think the idea is flawed because the trickle down doesnt work, i get you want to increase investment but as long as you keep your taxation competitive i dont see why raising it is so bad.
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Is that so? You are basing this on, what exactly? You might as well say that nothing works then. At the very least, having the lowest corporate tax rates amongst developed nations could coax other foreign companies into Canada. Global economists are advising that G20 nations to lower corporate tax rates now and Canada's solution should be to raise those taxes? Okay...
Ultimately, I think we are hearing just a lot of hot air from the Liberals on this point as, if there were to get in power, I sincerely doubt they would raise taxes at all. Layton on the other hand, well, with him I have no doubt that he would raise corporate taxes considerably. Thankfully, we will never have to worry about that happening.