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Originally posted by aboutface
reply to post by Ericthenewbie
I just heard of another hydro increase coming on may 1st., so so much for giving a break to those less fortunate even though we have finished paying down the hydro debt.Some may move out of the province. (I wonder if Kevin will?)
The new, higher marginal tax rate proposed comes dangerously close to the psychological threshold of 50 per cent where individuals become extremely frustrated with the prospect of paying more to the government than they keep for themselves. Mr. McGuinty is only fooling himself if he thinks that wealthy Ontarians will do nothing about it. Perhaps the Liberals should focus on making friends with these people, who create a significant number of jobs for Ontarians, and focus less on making friends with other politicians who, like themselves, seem to care more about gaining or keeping power.
Originally posted by Jocko Flocko
It's all fine and dandy if you're a an ultra left wing politician who is leveling massive taxes on people who earn over 500,000 dollars a year just to appease a small voter base that would love to see Ontario and Canada end up like some countries in Europe. But when those people getting heavily taxed are the driving force behind the economy, who already have that income tied up in current investments such as new start up companies in Ontario for example, they are committing political suicide IMO.
Originally posted by Jocko Flocko
reply to post by intrepid
I know it leaves a very sour taste in my mouth when I see my tax dollars pissed up against the wall by idiotic politicians that continually feed useless social programs. Anyone with half a brain knows that you don't raise taxes when you are running a deficit during a time of global instability. You cut the garbage that created the deficit and Ontario's credit downgrade in the first place.
Originally posted by picratus
reply to post by aboutface
watch that little P.R. in Toronto now that he is starting to give out posts and positions to those who are dumb enough to believe his lies and deceptions.that is good old pencil nose and dick mcginty. as he is now stacking the deck in his house to give himself a majority government.