Not only am I letting you do all the heavy lifting this Friday, I am also not getting anywhere near a computer until later. So I better post this now. Ideas....
- GST reduction v. income tax reduction - which to drop? This is such a luxurious election. I can't remember one ever that was basically how to treat outselves better while still lowering the debt. I have yet to hear anyone mention that the poor get both a GST rebate as well as a deduction on the first $8800 or so of income. That means when each party says the other's plan hurts the poor they have et to tell the whole story. I think the GST actually brings less back home but it is an easier one to understand. Any economists? No, not you. I meant a real economist.
- Should Toronto get the rough ride it does? It always surprises me that I like it when I am here but I never feel the call when I am not. Toronto sports teams have depressed me my whole life - ok, not when Joe Carter jumped up and down, up and down but that was once and it was 30% of my life ago. I have never gone to the theatre here. I was an usher at a playhouse in undergrad and was cured. Do people go to plays or is it like the executive boxes at sports games, all paid for through the company?
- One more things...one more thing...nope.
See ya.
Comments
GR - December 1, 2005 8:42 PM
There's been a mistake. My favorite blog and its sister beerblog did not make it to round two. I propose a moment of silence followed by a day of mourning.
I wonder what enticements the round 2 winners used to get votes?
Cool Girl - December 1, 2005 9:35 PM
How do you know this?
Does that mean I'm done too?
Cool Girl - December 1, 2005 9:37 PM
Oh My GOD!!! IGNORE THAT LAST POST!!!
That damned Flea. That damned Flea.
Myself, I'm happy with one per cent of the vote. Sigh.
"It's been an honor just to have been nominated (by myself). Thank You."
Arthur - December 1, 2005 10:48 PM
There's been a mistake. My favorite blog and its sister beerblog did not make it to round two.
I'm shocked.
I wonder what enticements the round 2 winners used to get votes?
Boycott CBA NOW!
The Tiger in Exile - December 1, 2005 11:29 PM
My simplistic non-economist mind tells me this: there is a much higher political cost to raising something like the GST than to raising the income tax. Therefore, the GST cut is more likely to stick.
On the other hand, I prefer consumption taxes to income taxes, so...
Anyway, I liked today's issues.
Alan - December 2, 2005 6:43 PM
Sixth!!! Sixth???<p><center><img src="images/2005g/sixth.bmp" vspace="20"></center>
Alan - December 2, 2005 6:44 PM
Oh well...thanks for sixth. I don't go on. No prizes. No fabulous glamourous moment on the red carpet. I need a small oloroso.
GR - December 2, 2005 10:10 PM
CONSOLATION PRIZE: Flea is 10th ;^)
Alan - December 2, 2005 11:26 PM
But I nominated him.
Andrew Chisholm - December 4, 2005 2:43 AM
Personally, I think a 2% GST cut will be a useless benefit to the average Canadian. Low income Canadians get back the majority of what we pay into GST every 4 months. Assuming I'm right, and I think I am, our GST rebates will lower with the rate of the taxation. Low income Canadians will saver only a couple of dollars each year.
Rich people, who consume tens of thousands of dollars worth of goods and services each year will save thousands with a 2% GST reductions. They get no rebate back now, and will only save money in the future.
Cutting income tax will help the average Canadian much more then Harper's 5% GST dream.
David Janes - December 4, 2005 5:33 AM
The vast majority of Canadians are neither poor nor "rich people", who I've rarely actually come across (and I've looked) unless you have some expansively wide definition of rich.
On a 40,000 vehicle for example, there's a net savings of $800 post income tax (i.e. about $1400 - $1600 in income saving) which is not bad for any average person.
For a poor person, defining that here as someone who gets a GST rebate, it's all pluses. The rebate remains the same and there's roughly a 2% gain in spending power for non-food items.