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Originally Posted by Leondros
Because those people won't be buying as much, less business for your small business?
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Yeah, honestly I think I'm half communist or something. I want what's best for society first and foremost and worry about myself/my business less. I would like to see our society quit mortgaging our kids' futures for short-term gain. I would also wholeheartedly participate in the solution by accepting - and not complaining - about less for myself if it makes the overall economy/system/society more economically stable.
Quote:
Originally Posted by bizaro86
This is how I operate as well, but I'd expect higher taxes (especially on businesses and capital) to fund the eventual bailout of those who over spend/borrow.
Right now that tax is mostly in the form of inflation (which bails out borrowers because they can repay in less valuable dollars).
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Taxes are too low on businesses already. I mean, you're only taxed on profits, so the guys you hear complain that they can't run their business because taxes are too high are generally being disingenuous with that argument. If you're not making money, you're not being taxed.
Like, didn't Kenney lower the provincial corporate tax rate during his tenure already? I can't remember, but it's not something that was needed if he did. Also, if he did I didn't notice. Maybe it would put a few thousand in my pocket that would have been better off in the public's hands.
I'd also pay more taxes for all people to have, say, dental coverage as part of our provincial healthcare.
Taxes don't bother me. I like the thought of elevating everybody and not just the fortunate.