Quote:
Originally Posted by nik-
lol come on, you don't actually believe this load of #### do you? He's going to just stop making a ton of money because he's not quite making as much money as before?
That's not how it works.
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Lol. Sorry, my fault there. I forgot to qualify it. That was more directed at the "we need higher corporate taxes argument.' I am not taking about personal income.
When you are running a business like a car dealership, where the bottom line is 2-3% on average, you bet a lot of owners are selling out to these giant super groups now. They are cashing out, and the employees are paying the price when these faceless corps walk in and clean house.
Pushing corporate taxes higher will just eat deeper into a tiny bottom line for a lot of companies, and drive them out of business, or out of the province. There is already Armageddon out there right now, and if the PCs made a move to run some of the blue chip employers out of the province, it would be catastrophic.
I keep hearing this 'raise corporate taxes, and leave Joe Lunch Bucket alone." That's a fine line to skate. We have a ton of these massive companies here, because of the low taxes. Start poking they bear right now, and it will make an already had situation way worse. It should have been done during the boom, not now.