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Why Canada does it better


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#1 diogenes227

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Posted 07 August 2018 - 01:51 PM

The difference between the right amount of taxes that should be paid and the taxes paid in the US makes all the difference in the world.

 

CANADA

 

 

“We are unable to build bridges, we're unable to build airports, our inner city school kids are not graduating,” is how JPMorgan Chase CEO Jamie Dimon summarized the state of things during an earnings conference call last week. “It’s almost embarrassing being an American citizen.”

 

..."during my travels up and down the American East Coast in recent years, I’ve come to focus on a more mundane explanation: The United States is falling apart because—unlike Canada and other wealthy countries—the American public sector simply doesn’t have the funds required to keep the nation stitched together. A country where impoverished citizens rely on crowdfunding to finance medical operations isn’t a country that can protect the health of its citizens. A country that can’t ensure the daily operation of Penn Station isn’t a country that can prevent transportation gridlock. A country that contracts out the operations of prisons to the lowest private bidder isn’t a country that can rehabilitate its criminals."

 


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#2 CLK

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Posted 07 August 2018 - 04:17 PM

I think I would like Canada but for the weather, I can't take sub freezing temperatures anymore or long winters.



#3 diogenes227

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Posted 08 August 2018 - 03:55 PM

I think I would like Canada but for the weather, I can't take sub freezing temperatures anymore or long winters.

 

Vancouver.

 

It hardly ever snows where I live (in the USA northeast of Victoria, BC), and sub-freezing temps are also rare, but it does rain.

 

In the summer 80 degrees is hard to come by as heaven rules the weather from July to October.


"If you've heard this story before, don't stop me because I'd like to hear it again," Groucho Marx (on market history?).

“I've learned in options trading simple is best and the obvious is often the most elusive to recognize.”

 

"The god of trading rewards persistence, experience and discipline, and absolutely nothing else."


#4 colion

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Posted 13 August 2018 - 02:54 PM


 

(From Atlantic article)

 

"By contrast, when Kansas Governor Sam Brownback abruptly slashed the state's top income tax rate by 26 percent in 2012, state revenues went into a freefall.  Yet the notions that government is always a plague upon the economy and that lower tax rates will lead directly to growth and prosperity—which have together accreted into a core plank of U.S. conservative ideology since the Reagan years—still remain popular.

 

This article is outdated on both the national and state level and incorrectly focuses only on Kansas.  Nationally, tax receipts are up 9% this year and Kansas is moving toward reinstating the tax cuts.  Pelosi and Schumer said that the tax cuts would blow a hole in the deficit.  Ain't happened.  The increase in the deficit is entirely due to a congressional spending spree and would be worse without the tax cuts.  As for Kansas when they reduced taxes they forgot to take into account the effect of national taxes and regulations on capital inflow to Kansas which is essential for the state's economic growth, as well as the need to control spending.  Now that national taxes and regulations are reduced Kansas is again considering reinstating the tax cuts (and presumably with an eye on spending) in order to follow in the footsteps of 19 other states that reduced taxes (and not rescinded) over the past decade.



#5 SemiBizz

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Posted 13 August 2018 - 03:01 PM

I don't see Canada as any safe haven, especially the way the P.M. Trudeau continues to try to placate the terrorists...

 

Like giving $10MM to a guy who blew up one of our humvees in Iraq....

 

Notice how he never properly addressed the 13 people killed in Toronto?  Terrorist related...

 

What did he do about it?  Well he was on vacation, but then he extended it after the news...

 

But he was fine to go up to New Brunswick right away, since there were no terrorists involved...

 

Canada is a Libya in the making.


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