Crap from the Left and added July 242020, from the right.


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I don't live in Ontario and am therefore not really entitled to an opinion but here it is anyway - I'm not a big DF fan but after the gross mis-management of the province by the Liberals can anyone re

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“ Canada's most virulent Liberal city has a problem with crime that no voting Liberal wishes to contend with. The absolute degeneracy of Liberal voters has been on full display in our mainstream news and in Ontario's crime statistics for all to see. Whether it involves the dumping of human feces on the heads of unwitting civilians, or the gun violence plaguing the city, Canada's Liberal wasteland—the one that helped return Justin Trudeau to power—is finally seeing what decades of liberalism is worth.”

 

http://www.poletical.com/toronto-liberal.php

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Despite what you may read in this forum......
 

Top 10% of income-earners earned 34% of Canada’s total income—yet paid more than 54% of total income taxes

TORONTO—The share of income tax paid by the top 10 per cent of income-earners in Canada is markedly disproportionate to the share of income earned by this group of Canadians, finds a new essay released today by the Fraser Institute, an independent, non-partisan Canadian public policy think-tank.

Despite common misperceptions and misleading rhetoric, our top 10 per cent of income-earners pay more than half of Canada’s income taxes—and this group includes people that few would consider wealthy,” said Philip Cross, former chief economic analyst at Statistics Canada, senior fellow at the Fraser Institute and author of Should Upper-Income Canadians Pay More Income Tax?

In recent years, many governments in Canada—including the federal government (in 2016) and seven of the 10 provinces—have increased the income tax rate for upper-income-earners. Governments have in part justified these tax increases by implying that Canada’s “rich” don’t pay enough tax.  

But is that true? 

In 2017, the latest year of comparable data, the top 10 per cent of income-earners earned 34.2 per cent of Canada’s total income—yet paid 54.6 per cent of the country’s total income taxes. 

And while this gap has always existed, it’s grown wider over the last three decades. For example, from 1982 to 2017, the share of income earned by the top 10 per cent has increased by 13.2 per cent while the share of income taxes paid by this group of Canadians has increased by 22.4 per cent. 

Moreover, there’s a widespread misperception about the composition of Canada’s top 10 per cent of income-earners. In 2017, any Canadian making $96,000 (or more) was in the top 10 per cent.

“Many Canadians, including those advocating for higher taxes, might be surprised to learn what our top 10 per cent of income-earners looks like—many of them consider themselves middles class,” Cross said.



Share of income taxes paid


 

https://www.fraserinstitute.org/studies/should-upper-income-canadians-pay-more-income-tax?utm_source=Email&utm_campaign=Should-Upper-Income-Canadians-Pay-More-Income-Tax&utm_medium=Dev_email&utm_content=Learn_More&utm_term=531

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JP Morgan CEO Jamie Dimon takes on socialism, says it will lead to an ‘eroding society’

“ Socialism has failed where it’s been tried and ultimately leads to an “eroding society,” J.P. Morgan Chase CEO Jamie Dimon said Wednesday.

With democratic socialist Sen. Bernie Sanders among the leaders in the Democratic presidential race and other candidates espousing similar-sounding ideas, the head of the nation’s biggest bank by assets said the idea of socialist control of the means of production would be detrimental to the U.S.

“I honestly don’t think they understand what socialism is,” Dimon told CNBC during a “Squawk Box” interview at the World Economic Forum in Davos, Switzerland, referring to a question about millennials. “

 

https://www.cnbc.com/2020/01/22/jp-morgan-ceo-jamie-dimon-takes-on-socialism-says-it-will-lead-to-an-eroding-society.html?__source=facebook|main

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8 hours ago, Jaydee said:

Despite what you may read in this forum......
 

Top 10% of income-earners earned 34% of Canada’s total income—yet paid more than 54% of total income taxes

TORONTO—The share of income tax paid by the top 10 per cent of income-earners in Canada is markedly disproportionate to the share of income earned by this group of Canadians, finds a new essay released today by the Fraser Institute, an independent, non-partisan Canadian public policy think-tank.

Despite common misperceptions and misleading rhetoric, our top 10 per cent of income-earners pay more than half of Canada’s income taxes—and this group includes people that few would consider wealthy,” said Philip Cross, former chief economic analyst at Statistics Canada, senior fellow at the Fraser Institute and author of Should Upper-Income Canadians Pay More Income Tax?

In recent years, many governments in Canada—including the federal government (in 2016) and seven of the 10 provinces—have increased the income tax rate for upper-income-earners. Governments have in part justified these tax increases by implying that Canada’s “rich” don’t pay enough tax.  

But is that true? 

In 2017, the latest year of comparable data, the top 10 per cent of income-earners earned 34.2 per cent of Canada’s total income—yet paid 54.6 per cent of the country’s total income taxes. 

And while this gap has always existed, it’s grown wider over the last three decades. For example, from 1982 to 2017, the share of income earned by the top 10 per cent has increased by 13.2 per cent while the share of income taxes paid by this group of Canadians has increased by 22.4 per cent. 

Moreover, there’s a widespread misperception about the composition of Canada’s top 10 per cent of income-earners. In 2017, any Canadian making $96,000 (or more) was in the top 10 per cent.

“Many Canadians, including those advocating for higher taxes, might be surprised to learn what our top 10 per cent of income-earners looks like—many of them consider themselves middles class,” Cross said.



Share of income taxes paid


 

https://www.fraserinstitute.org/studies/should-upper-income-canadians-pay-more-income-tax?utm_source=Email&utm_campaign=Should-Upper-Income-Canadians-Pay-More-Income-Tax&utm_medium=Dev_email&utm_content=Learn_More&utm_term=531

Well Duh...

Thats how taxes work in this country.  The lowest earners below whatever the exemption rate is now Do not pay any taxes at all on income.  The you start paying taxes at a fairly low rate ONLY on what you make above the basic amount.  It then increases Marginally as your Gross pay increases. But the higher rate is ONLY on the amount above the previous bracket.

So if you []ay 50% marginal tax rate you are NOT paying 50% of your gross income.  Thats not how it works.

 

If you want fair and even taxation.  Tax EVERYONE no matter what their income the same amount on their total gross income.  Around 20% would be about right.  Then you cannot fault any one,   20% of $100 is %20.  of a$1000 is $200, of 100,000 is %20,000  and so on.  Everyone would be taxed THE SAME AMOUNT. 

Even better solution.  Leave my income alone and give me all my money.  Then Tax everything I purchase at a rate that would be acceptable to provide the services provided by the government.  lets say 20% again.  People would FREAK at paying 20% tax on goods but would love it if  that was their income tax.

Tax my consumption not my earnings.  Consume less pay less.

Problem is if every greedy **bleep** consumed less then unemployment would skyrocket.

its pretty hard to run a country.

 

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1 hour ago, boestar said:

If you want fair and even taxation.  Tax EVERYONE no matter what their income the same amount on their total gross income.  Around 20% would be about right. 

A Flat Tax....a dream....and truly the only FAIR system...but don’t ever expect Canada to adopt it. Some one has to pay for the free-loaders and it’s usually the people that worked their a****s off to get ahead and be successful.

Its the Canadian way...dragging every one down to the lowest common denominator.

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10 hours ago, Jaydee said:

Top 10% of income-earners earned 34% of Canada’s total income—yet paid more than 54% of total income taxes

That sounds to me like more than their fair share.

1/3 of the tax payers paid more than 1/2 of the taxes

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On 1/23/2020 at 5:31 PM, Fido said:

That sounds to me like more than their fair share.

1/3 of the tax payers paid more than 1/2 of the taxes

You're mis-reading that statistic.  Should be 1/10 of the taxpayers paid more than 1/2 of the taxes.

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THE PROBLEM WITH SOCIALISM = CANADA

Suppose that every day, ten men go out for beer and the bill for all ten comes to $100. If they paid their bill the way we pay our taxes, it would go something like this… 

The first four men (the poorest) would pay nothing. The fifth would pay $1. The sixth would pay $3. The seventh would pay $7. The eighth would pay $12. The ninth would pay $18. The tenth man (the richest) would pay $59. 

So, that’s what they decided to do. 

The ten men drank in the bar every day and seemed quite happy with the arrangement, until one day, the owner threw them a curve ball. “Since you are all such good customers,” he said, “I’m going to reduce the cost of your daily beer by $20”. Drinks for the ten men would now cost just $80. 

The group still wanted to pay their bill the way we pay our taxes. So the first four men were unaffected. They would still drink for free. But what about the other six men ? How could they divide the $20 windfall so that everyone would get his fair share? 

They realized that $20 divided by six is $3.33. But if they subtracted that from everybody’s share, then the fifth man and the sixth man would each end up being paid to drink his beer. 

So, the bar owner suggested that it would be fair to reduce each man’s bill by a higher percentage the poorer he was, to follow the principle of the tax system they had been using, and he proceeded to work out the amounts he suggested that each should now pay. 

And so the fifth man, like the first four, now paid nothing (100% saving). The sixth now paid $2 instead of $3 (33% saving). The seventh now paid $5 instead of $7 (28% saving). The eighth now paid $9 instead of $12 (25% saving). The ninth now paid $14 instead of $18 (22% saving). The tenth now paid $49 instead of $59 (16% saving). 

Each of the six was better off than before. And the first four continued to drink for free. But, once outside the bar, the men began to compare their savings. 

“I only got a dollar out of the $20 saving,” declared the sixth man. He pointed to the tenth man,”but he got $10!” 

“Yeah, that’s right,” exclaimed the fifth man. “I only saved a dollar too. It’s unfair that he got ten times more benefit than me!” “That’s true!” shouted the seventh man. “Why should he get $10 back, when I got only $2? The wealthy get all the breaks!” 

“Wait a minute,” yelled the first four men in unison, “we didn’t get anything at all. This new tax system exploits the poor!” 

The nine men surrounded the tenth and beat him up. 

The next night the tenth man didn’t show up for drinks so the nine sat down and had their beers without him. But when it came time to pay the bill, they discovered something important. They didn’t have enough money between all of them for even half of the bill.

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On 2/8/2020 at 7:25 AM, Jaydee said:

THE PROBLEM WITH SOCIALISM = CANADA

Suppose that every day, ten men go out for beer and the bill for all ten comes to $100. If they paid their bill the way we pay our taxes, it would go something like this… 

The next night the tenth man didn’t show up for drinks so the nine sat down and had their beers without him. But when it came time to pay the bill, they discovered something important. They didn’t have enough money between all of them for even half of the bill.

I absolutely love this.  I have posted it here a few times myself.  Some memes and little story/examples/jokes like this look good on the surface but breakdown when you look closer but this one actually does hold true on the surface and when you look deeper - it's the perfect description of a progressive tax system.

Many antifa, leftist, university student types actually believe that the "rich" pay no tax while, in fact they pay the vast majority of tax.  They believe that the "rich" should be taxed more while not understanding/acknowledging that they pay no tax at all (aside from GST and consumption tax - which is insignificant when compared to income tax)

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Looks like Hollywood won’t be satisfied until there’s blood on the streets..

 

Controversial film ‘The Hunt’ is coming to theaters after backlash

Remember how ‘The Hunt’ was taken out of theaters? Well, it’s back

The 2019 horror-thriller film “The Hunt” will hit theaters months after it received heavy backlash from President Donald Trump.

What is the movie ‘The Hunt’ about?

  • The film will follow 12 strangers who are stuck on an island where they have to kill each other to survive, according to Variety.

What was ‘The Hunt’ controversy about?

  • “The Hunt” made headlines back in late summer 2019. It was originally slated to hit theaters on Sept. 27. 
  • Universal pulled the film and its marketing materials after a pair of mass shootings hit El Paso, Texas, and Dayton, Ohio, in August, as I wrote for the Deseret News.
  • The Hollywood Reporter explained the screenplay included one character saying they will slaughter “a dozen deplorables” — a reference that Hillary Clinton made popular when references supporters of President Trump.
  • Universal and Blumhouse canceled the release of the film.

When is it coming to theaters?

What did President Trump say about ‘The Hunt’?

  • Trump criticized the film: “Liberal Hollywood is Racist at the highest level, and with great Anger and Hate!” wrote the president. “They like to call themselves ‘Elite,’ but they are not Elite. In fact, it is often the people that they so strongly oppose that are actually the Elite. The movie coming out is made in order to inflame and cause chaos. They create their own violence, and then try to blame others. They are the true Racists, and are very bad for our Country!”

https://www.deseret.com/entertainment/2020/2/11/21133322/the-hunt-2019-deplorables-movie-dangerous-game-cancelled-damon-lindelof

 

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4 hours ago, seeker said:

I absolutely love this.  I have posted it here a few times myself.  Some memes and little story/examples/jokes like this look good on the surface but breakdown when you look closer but this one actually does hold true on the surface and when you look deeper - it's the perfect description of a progressive tax system.

Many antifa, leftist, university student types actually believe that the "rich" pay no tax while, in fact they pay the vast majority of tax.  They believe that the "rich" should be taxed more while not understanding/acknowledging that they pay no tax at all (aside from GST and consumption tax - which is insignificant when compared to income tax)

The Marginal Tax rate payed by the rich is by definition "more"  However I do not think the Tax system is fair on the rich either.  Why does a rich person pay a higher percentage of his money than a lower income earner?  

Flat tax is a better system because EVERYONE pays the same ratio of tax on their income.  Say 25% as a nice round easy number.  make %10,000 pay $2500. Make $100,000 pay $25,000

easy, straight forward and less red tape.  Now make it so there are no tax deductions.  Tax is tax Period.  no hiding income. no one can argue but the low income earners will bitch because now they actually have to pay something into the system.

Now go to the best system IMHO.

Give me 100% of my income.  Let me spend it as I please but only tax me on what I spend.  Spending is what makes the economy run.  If I have more I spend more.  Tax all goods and services (maybe a few exceptions) at 25% (round number) and let the revenues flow.

Do away with all of the other taxes and surcharges.

The effect here is you can get rid of an entire branch of the Government.... The CRA.  No need for a tax return anymore.

 

As for the last statement in the quote above.  Consumption tax at the right level would equal or better the income tax.  High tax payers use shelters to hide their income from the tax man or just move it off shore.  Consumption guarantees collection.

 

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Donald Trump Jr.

 

Democrats are becoming increasingly deranged and violent. Just this week:

- A violent Democrat leftist attacked a 15-year-old kid who was a Trump supporter. That young man's name is Nate. I met Nate when I was in New Hampshire (see pic) and he seems like a great guy. 

- Another radical Democrat drives his car through a group of Trump supporters registering voters. 

- A man wearing a red hat is beaten and sent to the hospital because the attacker thought it was a MAGA hat... it wasn’t, it just looked like one.

When will anyone in the main stream media say anything? Where are all the “journalists?" Do they condone this type of behavior? Are they simply complicit because it’s against Trump supporters and conservatives? Their silence on all of this is very telling.

If the story were reversed and it was conservatives doing this to peaceful left wing supporters, it would be the biggest story in America right now.

CNN, MSNBC etc would have this all over the airwaves all the time. they’d make every comparison they could and have anyone on who would be willing to talk poorly about the Right on-air making sure the sick attacker is grouped in with all other conservatives.

Yet no one has even heard about the above attacks. The establishment media is a total disgrace and embarrassment to what was once a noble profession.

 

Edited by Jaydee
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https://globalnews.ca/news/6565225/utah-senate-polygamy-decriminalized/

Following the wide acceptance of same sex marriage, polygamy decriminalization efforts have taken longer than I thought but here's the potential start of it.

Was there ever any doubt that this would become an issue? It was discussed on this forum at some length a few years back and some of us said "keep watching" because no other outcome is likely. The predictable response was "don't be silly, you're a homophobe."

 But, it's a bit like thinking transgender rights of access was only about washrooms. Female athletes are having second thoughts now but their current dilemma was easily anticipated and that possibility was always front and centre in the WDYTWGTH file. Their predictable response was also "don't be silly, you're transphobic."

I'm sure the standing arguments used for same sex marriage will apply here too and will include such talking points as consenting adults, equal protection guarantees under the law, the fundamental right to marriage, freedom of religion and the notion that since it doesn't effect you, and it's not hurting you, it's none of your business.

Given the current conditions and overall level of acceptance (and inclusion) in our society, I now find it difficult to put forward a compelling argument to discriminate against polygamists. The notion that it victimizes young girls is a red herring.... that's a separate issue and it's already illegal.

If you are opposed to this, what do you say to the notion that I consider you to be "polyphobic"....

Edited by Wolfhunter
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An economics professor at a local college made a statement that he had never failed a single student before, but had recently failed an entire class. That class had insisted that Bernie Sanders socialism worked and that no one would be poor and no one would be rich, a great equalizer.

The professor then said, "OK, we will have an experiment in this class on Obama's plan".. All grades will be averaged and everyone will receive the same grade so no one will fail and no one will receive an A.... (substituting grades for dollars - something closer to home and more readily understood by all).

After the first test, the grades were averaged and everyone got a B. The students who studied hard were upset and the students who studied little were happy. As the second test rolled around, the students who studied little had studied even less and the ones who studied hard decided they wanted a free ride too so they studied little.

The second test average was a D! No one was happy.
When the 3rd test rolled around, the average was an F.

As the tests proceeded, the scores never increased as bickering, blame and name-calling all resulted in hard feelings and no one would study for the benefit of anyone else.

To their great surprise, ALL FAILED and the professor told them that socialism would also ultimately fail because when the reward is great, the effort to succeed is great, but when government takes all the reward away, no one will try or want to succeed. Could not be any simpler than that. (Please pass this on) These are possibly the 5 best sentences you'll ever read and all applicable to this experiment:

1. You cannot legislate the poor into prosperity by legislating the wealthy out of prosperity.

2. What one person receives without working for, another person must work for without receiving.

3. The government cannot give to anybody anything that the government does not first take from somebody else.

4. You cannot multiply wealth by dividing it!

5. When half of the people get the idea that they do not have to work because the other half is going to take care of them, and when the other half gets the idea that it does no good to work because somebody else is going to get what they work for, that is the beginning of the end of any nation.

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